Journal Articles

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https://hdl.handle.net/20.500.14170/1816

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Browsing Journal Articles by Subject "Bangladesh"
  • Publication
    Escaping the middle-income trap: a study on a developing economy
    (Taylor & Francis, 2023)
    Md. Jaber Al Islam
    ;
    Imroz Mahmud
    ;
    Md. Aminul Islam
    ;
    Farid Ahammad Sobhani
    ;
    Md. Sharif Hassan
    ;
    Arif Ahsan
    Middle-Income Trap (MIT) is a phenomenon wherein a nation finds itself unable to progress from a middle-income status to a high-income economy. Despite Bangladesh’s rapid economic growth as a developing economy following its transition to the lower-middle-income category, the country faces various economic challenges that may impede its advancement to higher-income tiers. Consequently, this study delves into whether Bangladesh can successfully navigate its way out of the lower-middle-income and upper-middle-income traps. To assess this, the study initially employed a time threshold method known as the “Number of Years Method.” It determined that Bangladesh is poised to break free from the lower-middle-income and upper-middle-income traps by 2029 and 2041, provided the nation can sustain a per capita Gross National Income (GNI) growth rate of 9.69%. To further evaluate the sustainability of this income growth, the study utilized three quantitative approaches: Catch-up Growth, Growth Report, and Growth Acceleration. Interestingly, these methods yielded contrasting results. The insights generated by this study hold significance for economists and policymakers in Bangladesh and other developing economies facing similar challenges. These findings enable them to assess the likelihood of becoming ensnared in the middle-income trap and, as a result, formulate appropriate strategies to overcome it.
  • Publication
    Explaining the adoption of technology-based design of higher education during and after COVID 19 period from a developing country perspective
    (ASLERD, 2020-09)
    Mohammad Rokibul Kabir
    ;
    Md. Aminul Islam
    ;
    Shahera Afroz Deena
    COVID 19 has a severe impact in every sphere of life, and education is not an exception to this. Hence, the education sector in developing countries like Bangladesh needs a quick transformation from traditional to technology-based distance learning. The factors influencing online education adoption are explained in this research with a Structural Equation Model (SEM). A survey of 405 students from the universities across Bangladesh revealed that faculty readiness, student readiness, and economic solvency positively impact the students' intention to adopt a technology-based design of higher education. Simultaneously, the online assessment system is a challenge for the students having a negative effect on their intention to adopt technology-based learning. Again, students' intention to adopt technology is substantial in explaining the adoption of online classes by them. The study suggests combining the classroom model with the e-learning model to create a cohesive learning system in the long run. Thus, the model proposed in this research has a crucial implication, which recommends the policymakers to consider it to design a new form of technology-based education in Bangladesh.
  • Publication
    Internationalization of SMEs: a developing country perspective
    (MDPI, 2023)
    Md. Touhidul Islam
    ;
    Md. Aminul Islam
    ;
    Muhammad Muazzem Hossain
    ;
    Oluwaseyi Ebenezer Olalere
    Internationalization has become increasingly important to the competitiveness of firms of all sizes, including small and medium-sized enterprises (SMEs). SMEs play a crucial role in the development of lower-income countries. In Bangladesh, SMEs account for between 80 and 85 percent of industrial employment and 23 percent of total employment and are critical to economic growth. Though the literature on firm internationalization is well established, the internationalization process of SMEs from developing countries, such as Bangladesh, remains relatively under-explored. The main aim of this study is to explore factors that hinder the internationalization of SMEs in a developing country, with Bangladesh serving as the context of the investigation. Qualitative research methods were adopted, comprising semi-structured interviews with leaders of 16 SMEs in Bangladesh. Six major themes were identified as hindrances to the firms’ internationalization: (1) lack of market knowledge, (2) lack of family support, (3) the proliferation of ‘scammer buyers’, (4) the (negative) involvement of third parties, (5) mismanagement of domestic ports, and (6) unregulated local market. Regarding positive factors, only one theme emerged from the data, the strong support from the local government, which provides considerable backing for local SMEs with international ambitions. This study’s primary contribution and originality lie in the context of the investigation, with Bangladesh primarily overlooked in the international business literature. Therefore, the study presents several novel insights into the internationalization process of SMEs.
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