Transforming Bangladesh’s Participation in Trade and Global Value Chain

Download or read book Transforming Bangladesh’s Participation in Trade and Global Value Chain written by Asian Development Bank and published by Asian Development Bank. This book was released on 2023-04-01 with total page 200 pages. Available in PDF, EPUB and Kindle. Book excerpt: Textiles and textile products dominate Bangladesh’s exports and participation in global value chains. However, such concentration poses risks to the economy. This report highlights that diversification into other sectors will be important to promote export-led growth. It explores how Bangladesh can build on its recent economic success by unlocking productivity gains from technology adoption, narrowing the digital divide, and expanding participation in global value chains. It identifies high-potential industries with deeper domestic linkages that offer opportunities to broaden the base of economic growth.