December 1, 2011

Offshoring to Bangladesh

For western people Bangladesh has been forgotten I think mainly due to the sheer size of its neighbour India. Nevertheless the 7th largest population in the world, bobs up from its people revolution against the Pakistan army 1971 followed by severe killing of economic key players such as business men, professors and other societal leaders. Meanwhile the country already ranks 45th in terms of its real GDP. Bangladesh’s economic growth in support of its family driven social system (i.e. family networks take care of their members) made life expectancy rise from 60 (2000) to 70 years (2011) within only eleven […]