Strategies for refinancing of SMEs in Bangladesh: Problems & constraints
| Autor: | Amitav Saha, Md. Shamimul Islam, Abu Sadat Muhammad Ashif |
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| Jazyk: | angličtina |
| Rok vydání: | 2011 |
| Předmět: | |
| Zdroj: | International Journal of Business and Social Research, Vol 1, Iss 1, Pp 174-183 (2011) |
| ISSN: | 2164-2559 2164-2540 |
| Popis: | Over the past decade, there has been a significant change in the world trade regime, too. The WTO techniques agreements limit the use of certain trade measures as quantitative restrictions and subsidies. Such development has also implication for a country's strategy in supporting its domestic industry in including SMEs. WTO agreements cover not only the traditional goods sector but also new sectors like services and intellectual property rights. There is a tendency for considering these newly included sectors as constraints to trade prospects of a poor country like Bangladesh. There are certain other areas where improvements provide genuine incentives to SMEs and contribute to their enhanced competitiveness. Improved infrastructure, better law and order situation, and efficient ports and transportation are likely to impact favorably upon the SMEs sector and such things may be no less important than mere policy supported incentives. However, these provisions have now become realities. Bangladesh should continue its efforts to make the world community appreciate the difficult economic situation of the LDCs and to help to attain various trade preferences and concessions. Its long-run economic prosperity critically depends on success or otherwise of its efforts to turn the challenges of globalization opportunities. This will create a strong and potential base for economic development, which will in turn accelerate the process of poverty reduction, and reduction of unemployment, create employment opportunities as well as accelerate the overall economic growth of the country. |
| Databáze: | OpenAIRE |
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