A Research Proposal: Research to Identify the Reasons behind Reducing Retail Sales during the Care Taker Government for Last Two Years
7 Pages Posted: 15 Sep 2008
Date Written: August 6, 2008
Bangladesh is a Less Developed Country and would like to be a middle income country within 2015. In this regard it has no alternative to be industrialized. After its independence in 1971 its economy has advanced a little comparatively from Malaysia or Vietnam.
To enhance economical capability production of a country has to be advanced up to massive level to gain economies of scale. Because the more number the production the low cost needed in it. Total production of a country is not used in exporting. Local consumption plays a vital role to increase total production.
In this case, retail sales are the key indicator of local consumption. If retail sale decrease, it is easy to understand that local consumers are not buying product in a massive scale it resultant on reducing production of the producers. Which may reduce GDP of the country, ultimately economic condition may be sloth down.
World is going first, our competitive economies are growing quickly. World economy is going to reach in to the mass consumption era. In this situation we are observing in the newspaper that, retail sales are decreasing day by day specially during present care taker government period. It indicates our GDP is bound to be going down. This may hamper our long term target of reaching middle income countries list within 2015.
So immediate research is needed to identify its cause and actions have to be taken to overcome this problem.
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