Bangladesh 2010 webinar

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  • Thank you New report. Based on recent trip tp Kiev in the 2nd week of June A bit more optimistic returning from Kiev this time. Last two visits. October 2008 banking sector crisis. February 2009. MoF resigns
  • Bangladesh 2010 webinar

    1. 1. WEBinar December 15, 2010 Jenny Nordgren Bangladesh – Wakening of a New Market?
    2. 2. Steady Growth <ul><li>Steady growth </li></ul><ul><li>Strong private consumption </li></ul><ul><li>Relatively closed economy </li></ul><ul><li>Large share of basic textiles </li></ul><ul><li>Still below some Asian peers </li></ul>
    3. 3. Strengthened reserve position <ul><li>Strong inflow of remittances but on a downward path </li></ul><ul><li>Resilient export </li></ul><ul><li>FX cover 5.5 months of imports </li></ul><ul><li>Low external debt </li></ul>
    4. 4. In the eye of the investor <ul><li>Sovereign rating </li></ul><ul><ul><li>Moody’s Ba3, stable </li></ul></ul><ul><ul><li>S&P BB-, stable </li></ul></ul><ul><li>Higher but still low FDI inflow </li></ul><ul><li>Seeking a USD 1bn IMF-loan </li></ul><ul><li>Stock market boom </li></ul><ul><ul><li>A bubble? </li></ul></ul><ul><ul><li>Excess liquidity </li></ul></ul>
    5. 5. Comparative advantages… <ul><li>Cheap labour </li></ul><ul><li>Location </li></ul><ul><li>Large population </li></ul><ul><li>Demographics </li></ul><ul><li>Infrastructure needs </li></ul>
    6. 6. … but also challenges <ul><li>Messy political situation </li></ul><ul><li>Weak governance and corruption </li></ul><ul><li>Severe power shortages </li></ul><ul><li>Labour unrest in the garments sector </li></ul><ul><li>Weak banking sector </li></ul><ul><li>Prone to natural disasters </li></ul>

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