- The digital banking transformation in Bangladesh.
Introduction: In light of the global trend towards digitalization, it is noteworthy that the banking sector in Bangladesh is also embracing this transformation. This study delves into the swift progression of digital banking, examining its effects on consumers, businesses, and the overall national economy.
Objective: The aim of this study is to gain a comprehensive understanding of the evolution of digital banking in Bangladesh, analyze the potential obstacles and prospects it presents, and propose practical suggestions to facilitate seamless transitions and optimize advantages for all parties involved.
- Achieving Sustainable Debt Management in the Indo-Pacific Region
Introduction: Given the Indo-Pacific’s growing prominence as a major economic center, it is imperative to gain a comprehensive understanding of its debt dynamics. The primary objective of this study is to examine the utilization of sustainable debt management strategies by nations in the specified region and analyze the resulting implications.
Objective: The aim of this study is to conduct an analysis of debt management frameworks employed by nations in the Indo-Pacific region, with the specific goal of identifying and examining best practices. The ultimate objective is to develop strategic approaches that can effectively safeguard Bangladesh’s financial stability amidst potential economic fluctuations within the region.
- Economic Strategies with a Focus on Poverty Alleviation for the Promotion of Inclusive Growth
Introduction: In the context of economic growth, it is crucial to ensure equitable distribution of its benefits across all segments of society. This study examines pro-poor economic strategies that have the potential to promote inclusive growth in Bangladesh, with particular attention to the socio-economic consequences of global phenomena such as the COVID-19 pandemic.
Objective: The aim of this study is to examine and propose strategies that can enhance the socio-economic conditions of marginalized populations, with a focus on promoting equitable, sustainable, and inclusive growth.
- The Significance of Circular Economy in Enhancing Export Prospects
The potential to reshape industries lies within the adoption of a circular economy, which places emphasis on resource efficiency and waste reduction. The primary objective of this study is to gain insights into the potential for Bangladesh to harness the principles of a circular economy in order to bolster its export capacities and foster the development of sustainable industrial practices.
Objective: The aim of this study is to identify specific sectors that are suitable for the implementation of circular economy principles. Additionally, the study will analyze the potential for increased export opportunities resulting from the adoption of circular economy practices. Finally, the study will provide a roadmap that outlines the necessary steps for industries to transition towards more sustainable practices.
- Exploring Trade Dynamics in South Asia: Prospects for Bangladesh
Introduction: The region of South Asia, characterized by its varied economies and common obstacles, offers distinct prospects for trade. The primary objective of this study is to analyze the trade dynamics in the South Asian region, with a specific emphasis on exploring the potential for Bangladesh to strategically utilize its position in order to attain optimal economic advantages.
Objective: The aim of this study is to analyze the current trade agreements, identify the obstacles in intra-regional trade, and propose strategies for Bangladesh to strengthen its trade relations within the South Asian region, thereby promoting mutual economic growth and cooperation.
Geo-Economy: An Overview from the Perspective of NBER BD
The geo-economy, an interdisciplinary blend of geopolitics and economics, delves into the ways global economic landscapes interplay with political strategies and decisions. At NBER BD, we recognize that the geographical, political, and economic dynamics of regions, particularly in the increasingly interconnected world, can shape national economic fates, drive policy imperatives, and form strategic alliances.
Bangladesh, situated at the heart of South Asia, is uniquely positioned at the crossroads of major economic corridors. Its geo-economic significance stems from its strategic location, bridging South Asia with East Asia and the ASEAN economies. With the Indian Ocean to its south, Bangladesh stands as a significant player in the maritime domain, which plays a pivotal role in global trade and energy routes.
Furthermore, the shifting dynamics of the Indo-Pacific, the evolving nature of South Asian regional cooperation, and the rise of Asian infrastructure and connectivity initiatives, all underscore Bangladesh’s increasing geo-economic importance.
Key Geo-Economic Research Areas at NBER BD:
- Bangladesh’s Role in the South Asian Economic Integration:
– Investigating how Bangladesh can act as a linchpin for regional economic cooperation and integration.
– Assessing challenges and opportunities in SAARC and BIMSTEC forums.
- Maritime Economy and the Bay of Bengal Initiative:
– Analyzing Bangladesh’s potential in harnessing its marine resources.
– Exploring avenues for collaboration within the Bay of Bengal community.
- Connectivity Corridors and Infrastructure Initiatives:
– Studying the impact and opportunities arising from projects such as the Bangladesh-China-India-Myanmar (BCIM) Corridor.
– Assessing the potential benefits and challenges of Bangladesh’s involvement in China’s Belt and Road Initiative (BRI).
- Energy Security and Geo-Economic Implications:
– Understanding Bangladesh’s energy needs in the context of regional energy politics.
– Analyzing the potential for regional energy grids and collaborations.
- Trade Dynamics in the Indo-Pacific:
– Examining the evolving trade landscapes in the Indo-Pacific and their implications for Bangladesh.
– Investigating how Bangladesh can maximize its benefits from regional trade agreements.
Bangladesh’s geo-economic potential, in the light of South Asia’s broader dynamics, presents a compelling narrative of opportunities and challenges. At NBER BD, we are committed to exploring these dimensions, providing in-depth insights, and suggesting policy directions that can fortify Bangladesh’s position in the intricate weave of geo-economics. Our research endeavors seek to not only understand these dynamics but also to ensure that Bangladesh navigates them optimally for sustained economic growth and prosperity.
