6. ‘The US-based fashion
companies are expected
to boost their sourcing
from Bangladesh in the
next two years’ (USFIA &
URI)
Export-value growth of 7-
9% annually and apparel
export will double by 2015
and nearly triple by 2020
(Mckinsey.com)
High-capacity:
5400 Factory (2012)
Approx. 7000 (2016)
Future competitiveness
Huge work force-
78,976,778 (almost 50% of
total population)
8. Standard and inspection
Total number of workers in alliance factory 1.2 Million
Number of factory inspected by alliance 661
Remediation
No. of factories with first remediation
verification visit
528
Worker empowerment
No. of factories with access to helpline 414
Total calls since inception 21010
Training
Worker trained in fire safety 1,115,170 (93%)
No. of security guard trained 13800 (82%)
http://www.bangladeshworkersafety.org/files/Alliance%20Second%20Annual%20Report,%20S
ept,%202015.pdf
Progress after Rana Plaza Contd.
Legally binding, five-year
commitment to improve safety in
Bangladeshi ready-made garment
(RMG) factories initiated at 2013.
organized through the Bipartisan
Policy Center with discussions
convened and chaired by former
U.S. Senate Majority Leader
George Mitchell (D-ME) and
former U.S. Senator Olympia
Snowe (R-ME
The collaboration involves apparel
industry companies and
stakeholders including: the U.S.
and Bangladeshi governments,
policymakers, NGOs, members of
civil society, and organized labor.
9. Bangladesh is now
world’s 33 largest
economy (GDP PPP, knoema.com,
2015)
61st largest exporting country
(2014, Wikipedia)
Per capita GDP based on PPP
is $3609 (knoema.com, 2015)
World’s 24th fastest growing
GDP (2015, Wikipedia)
‘Stable Economic Outlook’
(S&P ranking)
‘One of the frontier five
markets’, (JPMorganChase)
One of the Goldman Sach’s
‘Next 11’ counries
Why Bangladesh is a
Investment Hub??
http://www.theodora.com/wfbcurrent/bangladesh/bangladesh_economy.html
http://knoema.com/nwnfkne/world-gdp-ranking-2015-data-and-charts
10. The World Bank defines lower-middle-income as
economies with a gross national income per head of
at least US$1,046, based on 2014 data; Bangladesh's
stood at US$1,080 in that year.
Socio-economic change
11. Education
Youth (15-24) literacy rate% 2008-2012, Male 77.1
Youth (15-24) literacy rate% 2008-2012, Female 80.4
Infant mortality rate (per thousand)
1990 2012
Under 1 year of age 100 33
Health
People of all ages living with HIV (%), 2012 Less than 0.1
Use of improved drinking water sources (%) 2011, total 83.2
Immunization coverage (%), 2012, DPT3, Polio3, MCV,
HepB3, hib3
96
Overall progress
1970 1990 2012
Under-5 mortality rate 221 144 41
Total Fertility Rate 6.9 4.6 2.2
Gender Equality ranking BD-68, Italy-69, Bra-71,
Vietnam-76, Mex-80, China-
87, Japan-104, Ind-114
Socio-economic change
12.
13.
14. Hans Rosling’s The Bangladesh Miracle:
https://www.youtube.com/watch?v=JPTwE0qIuNA
