The effect of recession on economy of Bangladesh

This term paper is made on The effect of recession on economy of Bangladesh. Bangladesh may face slowing economic growth in fiscal 2008-09, hurt by a slowdown in the export-based industry and a decline in remittance as the financial crisis is panning out across the world, Asian Development Bank said yesterday. The global financial crisis is yet to significantly affect Bangladesh. However, pressures from the global showdown are building up with signs of moderation in growth, said the Manila-based lending agency in its quarterly economic update on Bangladesh.