Writing Room

  The Asian Economic Crisis, also called the Asian Contagion, was a sequence of currency devaluations in 1997 and it spread throughout the Asian markets. The first failed currency market was Thailand cause government decided to no longer peg the local currency to the U.S. dollar. The situation affected all over the East Asian markets. As a result, countries faced declined import revenues, and the stock market declined. Affected countries are Thailand, Indonesia, S.Korea, Philippines, Mainland China, Hong Kong, Singapore, Malaysia, Mongolia, United States, and Japan.  As a result of the devaluation of Thailand's baht, a large portion of East Asian currencies fell by as much as 38 percent. International stocks also declined as much as 60 percent. The market declines were also felt in the United States, Europe, and Russia as the Asian economies slumped.

The main objective is to promote the free flow of goods, services, and factors among the member states, also the elimination of custom restrictions. Focuses on various fields such as; A strong economic and financial affairs Education and cultures Social and health issues Information and tourism Commerce, customs and communications, etc.

The main objective is to make a cooperative framework for coordination, integration, and interconnection among the member states to achieve unity according to article 4 the GCC charter. Focuses on;  Free trade zone, Favorable tariff etc.

The regional trade agreement is a term that covers several kinds of arrangements by which two or more countries can agree to trade between them. The trade agreement, any contractual arrangement between states concerning their trade relationships.   Trade agreements may be bilateral or multilateral—that is, between two states or more than two states.

Regional economic integration is a term that covers several kinds of arrangements by which two or more countries can agree to draw their economics closer together.  An economic agreement that eliminates barriers to the free movement of goods, services, and investment between countries. This agreement can be considered an intermediate step between the free trade area and the single market in the process of economic integration.

Regional integration is a general term that covers several kinds of arrangements by which two or more countries can agree to draw their economics closer together. It's a general term that covers; Trade blocs, Regional Integration Agreements (RIA), Regional Trade Agreements (RTA).

Demand-led growth   is an economic model where it means that countries' domestic demands will increase  in total long-run output. Theorists said that in a demand-led growth  model increased  in demand will affect the  increase  in supply . On the other hand , Neo-classical theory states that demand  follows supply and supply follows growth in the long run.   1.  Demand-led growth model helps developing countries by improved income distribution; 2.  Countries also get adequate & fairly priced financing for development; 3.  Stabilized financial market by financial architectural reforms and regulations; 4.  Good Governance;  

  RTAs evolution from 1948 to 2020   By author,   The globalization pattern is moving toward regional economic integration. As a result, regional trade agreements are increasing day by day. With the number of agreements the trading nature also changing. In 1990, 50 RTAs were in force which is increased more than 280 in 2017, and in 2020 the RTAs were in force more than 306.   In previous years trade agreements mainly focused on goods and services. Now trade agreements not only focusing on goods and services but also focusing on different trading policy areas such as competition policy, government procurement rules, and intellectual property rights. These policies may boost trade, FDI, and the global value chain.   There are different types of RTAs.The most recognized FTAs are NAFTA, EFTA, ASEAN. The most recognized custom unions are EU, SACU, ECOWAS. The most recognized common markets are the EU, MERCOSUR, GCC. The most recognized economic unions are the EU, CIS...

Developing countries like Bangladesh have limited bargaining power due to their limited share of world markets and we do not have sufficient skilled Trade Negotiator to handle WTO negotiation table efficiently in both the public & private sector.  With so many difficulties Bangladesh also achieved some trade facilities from WTO.   1.  Membership of the World Trade Organization  (WTO) has boosted the GDP of Bangladesh by $1759.73 million in 25 years, according to a study conducted by a global think-tank. 2.  The country has gained 2.47 percent of its Gross Domestic Product (GDP) with regard to welfare due to its accession to the WTO. 3.  The export gain of Bangladesh is estimated at $3539 million during the period under review as exports increased by around 13 percent. 4.  Statistics available with the Export Promotion Bureau (EPB) of Bangladesh, however, showed that total export earnings stood at $320.80 billion during the period under review. 5....

  Bangladesh came into being in 1971. Since then a branch of the state bank of Pakistan stationed at  Dhaka was declared Central Bank of Bangladesh named Bangladesh Bank under Special Act.  Accepting other Banks, Head offices of 2 banks e.g. Eastern Mercantile Bank Limited (1959)  and Eastern Banking Corporation Limited (1965) was at Dhaka which was renamed Public  Bank Limited and Uttara Bank Limited respectively. With two banks as above many branches of  more than 10 banks were located in Bangladesh. When the Non-Bengali owners had left the  country the condition of banks in Bangladesh was poor because most of them were Non- Bengalis. Consequently, the management and central of all such banks were maintained by  Bangladeshi Government. In 1972, the Government had nationalized all banks. Bangladeshi  banks are maintained through the "Bank Company Act 1991". After nationalization, the bank's  was renamed, Renamed Bank Names After Nationa...

Mission: We have a mission to supply our own firm fresh goods to all the restaurants of Dhaka city and save their time & money.  Business Model Supply Chain Management Strategy:   Vendor-Managed Inventory(VMI): Supply Chain partners manage the replenishment of parts or items for sale through sharing of information on variation in demand and stocking level for goods used for manufacture or sale. They use vendor Inventory management for buying purpose And for selling purposes they use a pull strategy system and also relationship marketing. Information System Management: Suppliers

1. What is "Debt Consolidation" ? Ans: If your small business has several loans with various payments, you might want to consider a business debt consolidation loan. It is a process that lets you combine multiple loans into a single loan. The advantages are possibly reducing the interest rates on the borrowed funds as well as lowering the total amount you repay each month. Businesses use this tool to help improve cash flow. 2. What is "Balloon Loan" ? Ans: A loan that is structured so that the small business owner makes regular repayments on a predetermined schedule and one much larger payment, or balloon payment, at the end. These can be attractive to new businesses because the payments are smaller at the outset when the business is more likely to be facing strict financial constraints. However, be sure that your business will be capable of making that last balloon payment since it will be a large one. 3. What is "Bootstrapping" ? Ans: Using your ow...