Stratford University Economic Indicators in Nepal vs Bangladesh

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Ynkzrr

Business Finance

Stratford University

Description

Complete an investigation of the economic indicators of the countries you have chosen. This will allow you to analyze whether one is a viable location for your company.

                        • Economic indicators should include at a minimum:
                        • Unemployment
                        • Housing
                        • consumer price index
                        • industrial production
                        • gross domestic product
                        • broadband internet penetration
                        • retail sales
                        • availability of resources both human and natural resources
                        • Add this to your table for use in your infographics and to help you make your decision about new markets.

2. Investigate exchange rates and international market exchange.

Work through the Khan Academy tutorials

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Explanation & Answer

Here's what I have at the 2 hour deadline.I need MORE TIME.The reference page needs a lot of work.The project is not final, and I will work on it more in the next hour.Please respond.

Economic Indicators in Nepal vs Bangladesh

Economic Indicator

Population
Gross Domestic
Product (GDP)
Annual GDP
Growth Rate
Unemployment
Rate
Consumer Price
Index
Housing

Nepal

Bangladesh

28.6 million

158 million

$28.81 billion USD

$274 billion

2018 data

7.1 %

7.9 %

2018 data

3.2 %

4.2 %

2017 data

186

264

2019 data

19.8% urban
6.4% rural

Average Family
4.2 urban
Size
4.8 rural
Internet Penetration (58% of population
use the internet)

Retail Sales

$131 billion

availability of
resources both
human and natural
resources

Prevalent Types of
Natural Resources

Notes:

coal, iron, copper,
limestone, and
leather

Currency Exchange 115.785 Nepalese
Rate
Rupees per USD

2019 data
80.89 million
(51.2% of
population are
subscribers)
$2.10 billion USD
Primarily
agricultural
economy. Lacks
skilled manpower in
technical and
financial
management and
other management
areas.
fisheries, natural
gas, forest
resources, land,
and water
resources, and
leather
83.714 Bangladesh
Takas per USD

2018 data

2019 data

Nepal Exports to
Bangladesh

Nepal Imports from
Bangladesh

Vegetables, food
products, textiles
and clothing,
chemicals, and
wood

Food products,
animals, textiles
and clothing, wood,
metals, machines
and electronics,
wood, fuels

2015

2015

Nepal and Bangladesh are both countries in Southern Asia. Nepal includes the
Himilayan mountain range. Nepal’s capital city is Dhaka and Bangladesh’s capital city
is Kathmandu. Nepal is officially a Hindu country, but has a rich range of unique cultural
groups whose contributions have included music, architecture, and literature. Nepal’s
people are warm and affectionate. Foreigners feel at ease and blend in well.
Bangladesh has primary religions of Islam, Buddhism, and Hindu. Religion has
contributed largely to the culture. Bangladesh culture relies on music, dances, literature,
and clothing.
Setting up a company which produces leather presents both countries as
attractive, since leather is a raw material in both countries. The leather Company will
produce leather products such as shoes, jackets, and wallets. However, locating the
Company in Kathmandu is a more promising idea than locating it in Bangladesh, as
evidenced by the Economic Indicators in the table above.
Bangladesh does not present itself as a sound investment destination, based on
economic indicators, including exchange rates. The strategy of growth of my firm would

not be well supported in this market. Nepal is an attractive potential investment
destination. With high exchange rates in Nepal, market conditions will be favorably
affected. The sophistication of global markets demands that economic indicators be
researched before investment is committed.

References

Retrieved from: Retrieved from: https://www.adb.org/countries/nepal/economy

Retrieved from: Retrieved from: https://www.economy.com/bangladesh/indicators

Retrieved from:
https://www.google.com/search?q=nepal+population+2019&rlz=1C1GCEA_enUS867U
S867&oq=nepal+populat&aqs=chrome.1.0l2j69i57j0l3.6687j0j7&sourceid=chrome&ie=
UTF-8

Retrieved from: https://tradingeconomics.com/nepal/gdp

Retrieved from: https://tradingeconomics.com/bangladesh/gdp

Retrieved from: https://tradingeconomics.com/nepa...


Anonymous
Really great stuff, couldn't ask for more.

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