Globalization: Opportunities and Threats for BANGLADESH

Abstract

Countries today are more closely linked than ever before. This global phenomenon has been loosely termed as globalization. The exact meaning of the term differs depending on the perspective of the scholars who range from hyperglobalists, to skeptics and transformationalists. However, what they all have in common is the belief that globalization inherently brings some opportunities as well as some threats. These are discussed in great detail with regards to Bangladesh and relevant examples are cited when required. Undoubtedly, the government has a big role to play in this matter and need to stay vigilant to make sure that the country is able to absorb most of the benefits that come with globalization while resisting its more negative aspects.