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Unemployment Problem in Bangladesh

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Impact Of Globalization On Bangladesh
Globalization has become a buzzword in the new era of international relations. Basically it is a process of expanding trade and commerce all over the world by creating a frontier-less market. But now it has had a far-reaching effect on many aspects of life. With the development of hi-tech communication media and rapid transportation facilities, the hole world has squeezed and people have come closer to one another. Now we can learn in an instant what is happening in the farthest corner of the globe. In fact, globalization is currently understood mainly in terms of mutual relationship of nations and region of economic domain, in particular, trade, financial flows and traditional corporations. In other words globalization is seen as an economic parallel to internationalization in the form of the universal market, notwithstanding the fact that there has been an interlined process of political and cultural globalization exemplified by increasing democratization, spread of English, television schedule and movies and wide awareness of global environment problems.

Impact Of Globalization On Bangladesh : Impact of globalization is obvious in the following spheres :

• Impact On Communication : With the impact of high-tech communication media and ultramodern transportation facilities, the world has come closer. Now we can learn instantly what is happening in the farthest region. Countries of the world have become like families in a village. They can share their joys and sorrows like next-door neighbors.

• Impact On The Economy : The Impact Of globalization on Bangladesh economy cannot be denied. Like the developing countries of the world our country is getting benefit out of border-less market. Our GDP has increased. Garment industries are considered the foreign exchange earner. In terms of investment, employment and exports,

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