Going for an export-led growth economy.

Abstract

The article titled "Going for an Export-Led Growth Economy" by M. Azizur Rahman published in The Daily New Nation on May 14, 2013, discusses Bangladesh's strategic shift towards an export-driven economic model to accelerate national development. It highlights the country's remarkable progress in export performance, particularly in the ready-made garments (RMG) sector, which has positioned Bangladesh as the second-largest apparel exporter globally. The piece emphasizes the importance of diversifying export markets and products to sustain growth and reduce dependency on a single sector. It also underscores the need for policy reforms, infrastructure development, and investment in human capital to enhance competitiveness and attract foreign direct investment. By adopting an export-led growth strategy, the article suggests that Bangladesh can achieve higher economic growth, create employment opportunities, and improve living standards.