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Will Services be the New Engine of Economic Growth in Bangladesh?

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Main Authors: Alam, Mohammad Zahedul, Sohel Rana, S. M.
Other Authors: zahedul.alam@bup.edu.bd
Format: Article
Language:English
Published: School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP) 2018
Subjects:
Bangladesh
Economic Growth
Services
Service Economy
Services Marketing
Online Access:http://dspace.unimap.edu.my:80/xmlui/handle/123456789/51426
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record_format dspace
spelling my.unimap-514262018-07-24T02:37:30Z Will Services be the New Engine of Economic Growth in Bangladesh? Alam, Mohammad Zahedul Sohel Rana, S. M. zahedul.alam@bup.edu.bd Bangladesh Economic Growth Services Service Economy Services Marketing Link to publisher's homepage at http://ijbt.unimap.edu.my At present, development of a vibrant and competitive services sector is a key characteristic of modern economies in the world. In the developing world, services frequently account for two-thirds or three-quarters of all economic activity. The transition from agriculture through manufacturing to a service based economy has been the hallmark of economic development for many countries at present. In line with this trend, many emerging markets currently working hard to support and develop services industries and to put in place the regulatory structures required for more integrated international services markets. At present, the economy of Bangladesh is dominated by the services industry which contributes a significant portion to the Gross Domestic Product (GDP). This study focuses on sectoral contribution of services sector to the economy in comparison to other sectors and recognizes the services sector as a new engine of economic growth and development of Bangladesh economy. 300 services beneficiaries and 60 officials from different services firms have been exposed to collect the data regarding the services sector. It has been found that the economy of Bangladesh is shifting towards the services economy. Most of the investors are investing in services sector to generate more profit. So, it is essential to examine the role of services sector in Bangladesh Economy. 2018-02-01T08:49:43Z 2018-02-01T08:49:43Z 2017-10 Article International Journal of Business and Technopreneurship, vol.7(3), 2017, pages 325-342 2231-7090 2232-1543 (online) http://dspace.unimap.edu.my:80/xmlui/handle/123456789/51426 en School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP)
institution Universiti Malaysia Perlis
building UniMAP Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Perlis
content_source UniMAP Library Digital Repository
url_provider http://dspace.unimap.edu.my/
language English
topic Bangladesh
Economic Growth
Services
Service Economy
Services Marketing
spellingShingle Bangladesh
Economic Growth
Services
Service Economy
Services Marketing
Alam, Mohammad Zahedul
Sohel Rana, S. M.
Will Services be the New Engine of Economic Growth in Bangladesh?
description Link to publisher's homepage at http://ijbt.unimap.edu.my
author2 zahedul.alam@bup.edu.bd
author_facet zahedul.alam@bup.edu.bd
Alam, Mohammad Zahedul
Sohel Rana, S. M.
format Article
author Alam, Mohammad Zahedul
Sohel Rana, S. M.
author_sort Alam, Mohammad Zahedul
title Will Services be the New Engine of Economic Growth in Bangladesh?
title_short Will Services be the New Engine of Economic Growth in Bangladesh?
title_full Will Services be the New Engine of Economic Growth in Bangladesh?
title_fullStr Will Services be the New Engine of Economic Growth in Bangladesh?
title_full_unstemmed Will Services be the New Engine of Economic Growth in Bangladesh?
title_sort will services be the new engine of economic growth in bangladesh?
publisher School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis (UniMAP)
publishDate 2018
url http://dspace.unimap.edu.my:80/xmlui/handle/123456789/51426
_version_ 1643804064050315264
score 13.214268

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