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Digital Economy of Bangladesh

Digital Economy refers to the new economy which is based on information communication and computer technology. It is also called Internet Economy. Everything is going digital. Earlier there was giant computers on big rooms. Now we use smart technology products as hand band, mobile, tab, glasses etc. Presence of digital infrastructures and widespread adoption of technologies in daily life is transforming our work, entertainment, education, transportation, communication, healthcare and business. This changes brought new phase of economy which is called digital economy. Significance of Digital Economy Digital Economy has opened new horizons. Now you can work for an American firm sitting in Bangladesh. Technology brings us closer in terms of ease of communications. It also opens millions of windows of innovations and opportunities. A website now can earn a billion and generates thousands of jobs. Even you can get your dream project funded by crowd with the help of internet. Dig...

What's there for Bangladesh in 2050?

Bangladesh is the 8 th most populated country in the world. Having 536 billion GDP (PPP) and around 170 million people, the country is the 31 st largest economy of the world. But the country’s economy is growing at more than 5% since 2004. So, how will be the economy of Bangladesh in 2050? In recent study titled “ The World in 2050 - Will the shift in global economic power continue ” projected the followings: Bangladesh will be the 23 rd largest economy in 2050 in terms of GDP PPP The country’s GDP might be $1,291 billion in 2030 which is more than double compared to $536 billion of 2014 The GDP might be $3,367 billion in 2050 which is more than 6 times compared to 2014 PWC researched 32 country's economy which contributes 84% of whole world’s GDP. Bangladesh is one of the eight countries included in this research for the first time. Here are some other projections: World’s economy might grow at average 3% per year in the period 2014 to 2050. Though the growth...