Understanding the Contrasting Manufacturing Trends of Egypt and Bangladesh
2020-05-04
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Understanding the Contrasting Manufacturing Trends of Egypt and Bangladesh
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2020-05-04
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A strong manufacturing sector has historically been linked to the engine of economic growth. An analysis of macroeconomic indicators shows that two developing economies Egypt and Bangladesh, have taken an opposite trajectory in their industrial journey. Three major themes emerge from the trend analysis. First, the manufacturing sector is thriving and dominating other sectors in Bangladesh while in Egypt, it is neither dominant nor thriving. Second, Egyptian manufacturing industries are more capital intensive compared to their Bangladeshi counterparts. Third, the manufacturing sector of Bangladesh is specialized compared to little specialization in the case of Egypt. A review of relevant literature reveals two speculative reasons behind this contrasting trend- a difference in the mode of integration with the international trade between the two economies, and the extent to which two economies suffered from an economic phenomenon called Dutch disease. Finally, relevant policies to boost or sustain the manufacturing sector are discussed.
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Professional paper for the fulfillment of the Master of Public Policy degree.
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Rana, Sohel. (2020). Understanding the Contrasting Manufacturing Trends of Egypt and Bangladesh. Retrieved from the University Digital Conservancy, https://hdl.handle.net/11299/214899.
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