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Words: | Submitted: Mon Dec 08 2003
... micro finance industry and determine how these strengths and weaknesses affect the industry. Finally, we look at the opportunities from the context of foreign direct investors in the industry. Bangladesh came into existence in 1971 when East Pakistan seceded from its union with West Pakistan..1 About a third of this extremely poor country floods annually during the monsoon rainy season, hampering economic development. So far Bangladesh has received $30 billion in aid from World Bank, the Asian Development Bank, the U.N. Development Program, the United States, Japan, Saudi Arabia, and Western Europe since 1971, but the country remains poor and overpopulated. According to the World Trade Organization, Bangladesh is mainly troubled by include political instability, civil unrest, natural disasters, and inadequate infrastructure. Economy Like most less developed countries, Bangladesh is a primarily agricultural country although it has been experiencing rapid urbanization. About two thirds of the population is employed ...
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