Doing Business in Bangladesh and Sri Lanka: Challenges and Opportunities

About This Book
Contents
About the Authors
List of Figures
List of Tables
1 Introduction
	1.1 Introduction
	1.2 The Structure of the Book
	1.3 Objective of the Book
	1.4 Background
	1.5 History of Business in Bangladesh
	1.6 History of Business in Sri Lanka
		1.6.1 Ethnic Composition
	1.7 Why Study Bangladesh
	1.8 Why Study Sri Lanka
	1.9 Who Will Benefit
	1.10 Is There a Future for FDI and Entrepreneurship in Company Development?
	1.11 Discussion
	1.12 Conclusions
	References
2 Business Environment
	2.1 Introduction
		2.1.1 Bangladesh
		2.1.2 Sri Lanka
	2.2 Background
		2.2.1 Bangladesh
		2.2.2 Sri Lanka
	2.3 Major Trends in Business Activity in Bangladesh and Sri Lanka
		2.3.1 Sri Lanka
		2.3.2 Sri Lanka’s Trade Activities
	2.4 Description of Popular Business Ventures
		2.4.1 Franchising-Bangladesh and Sri Lanka
		2.4.2 Direct Marketing
		2.4.3 Joint Ventures/Licensing
	2.5 How Is Globalization Affecting Market Structures and Business Opportunities?
		2.5.1 Globalization and Sri Lanka
	2.6 Trading Blocs—I.E., European Union, African Union Effect on Business and Marketing
	2.7 The Current Doing Business Framework in Bangladesh and Sri Lanka
		2.7.1 Sri Lanka
	2.8 Discussion
	2.9 Conclusion
	References
3 Historical Perspective on Doing Business in Bangladesh
	3.1 Introduction
	3.2 Background
		3.2.1 The Opportunities of Doing Business in Bangladesh
	3.3 Import Substitution vs Domestic Economic Liberalization vs Export-Led Growth
	3.4 Debt Issues
	3.5 Infrastructure
	3.6 Specific Industries That Have Thrived or Failed
	3.7 Discussion
	3.8 Conclusion
	References
4 Historical Perspective on Doing Business in Sri Lanka
	4.1 Introduction
	4.2 Background
	4.3 Import Substitution vs. Domestic Economic Liberalization vs. Export-Led Growth
	4.4 Debt Issues
	4.5 Infrastructure
	4.6 Specific Industries That Have Thrived or Failed
	4.7 Discussion
	4.8 Conclusion
	References
5 Cultural Issues Affecting Business Activity in Bangladesh
	5.1 Introduction
	5.2 Background
	5.3 National Culture and Subcultures
	5.4 Social Structures
	5.5 Religion
	5.6 Personal Communication
	5.7 Values and Attitudes
	5.8 Education
	5.9 Manners and Customs
	5.10 Discussion
	5.11 Conclusion
	References
6 Cultural Issues Affecting Business Activity in Sri Lanka
	6.1 Introduction
	6.2 Background
	6.3 National Culture and Subcultures
	6.4 Social Structures
	6.5 Religion
	6.6 Personal Communication
	6.7 Values and Attitudes
	6.8 Education
	6.9 Manners and Customs
	6.10 Discussion
	6.11 Conclusion
	References
7 The Political Climate in Bangladesh
	7.1 Introduction
	7.2 Background
		7.2.1 Way Forward
	7.3 Regional Political Issues that Affect Business-Transparency Issues
	7.4 Political Systems
	7.5 Political Risk
	7.6 Types of Legal Systems Existing in Bangladesh
	7.7 Contracts and Agreements—How Are They Documented?
	7.8 Obstacles to Entrepreneurship
	7.9 Discussion
	7.10 Conclusion
	References
8 The Political Climate in Sri Lanka
	8.1 Introduction
	8.2 Background
	8.3 Regional Political Issues that Affect Business-Transparency Issues
	8.4 Political Systems
	8.5 Political Risk
	8.6 Types of Legal Systems Existing in Sri Lanka
		8.6.1 Courts of Law
	8.7 Contracts and Agreements—How Are They Documented?
	8.8 Obstacles to Entrepreneurship
	8.9 Discussion
	8.10 Conclusion
	References
9 The Economic Climate in Bangladesh
	9.1 Introduction
	9.2 Background
	9.3 Monetary System—Inflation Targeting, Inflation, Financial Liberalization, and FDI Flow Patterns
		9.3.1 Inflation and Inflation Targeting
		9.3.2 Financial Liberalization
		9.3.3 Foreign Direct Investment (FDI) Flow
	9.4 The Economic System—Typology of Economic Systems in the Region, Development of Nations, Demographic Trends, Evolving Comparative Advantage, Economic Transitions, and Change, —Informal Economy, Losses in Human Capital, Labor Market Protections and Rigidities
		9.4.1 Typology of Economic Systems in the Region
		9.4.2 Development of Nations
		9.4.3 Demographic Trends
		9.4.4 Evolving Comparative Advantage
		9.4.5 Economic Transitions and Change
		9.4.6 Informal Economy
		9.4.7 Losses in Human Capital
		9.4.8 Labor Market Protections and Rigidities
	9.5 Commercial System—Free Trade Blocs, Bilateral Investment Treaties, Export Processing Zones, Investor-State Dispute Settlements, Future Economic Trends, Investment Incentives, and Natural Resource Nationalization
		9.5.1 Free Trade Blocs
		9.5.2 Bilateral Investment Treaties
		9.5.3 Export Processing Zones (EPZs)
		9.5.4 Investor-State Dispute Settlements
		9.5.5 Future Economic Trends
		9.5.6 Investment Incentives
		9.5.7 Natural Resource Nationalization
	9.6 Money Market—Short-Term Investment, Role of Central Bank, Interbank Loans Infrastructure, Repurchase Agreements, Regulation on Temporary Imbalance in Liquidity
		9.6.1 Short-term Investment
		9.6.2 Role of Central Bank
		9.6.3 Interbank Loans Infrastructure
	9.7 Capital Market—Stock Market Structure, IPOs, Institutional Investors, Monetary Stimulus
		9.7.1 Stock Market Structure
		9.7.2 Initial Public Offerings (IPOs)
		9.7.3 Institutional Investors
		9.7.4 Monetary Stimulus and its Impact
	9.8 Discussion
	9.9 Conclusion
	References
10 The Economic Climate in Sri Lanka
	10.1 Introduction
	10.2 Background
	10.3 Monetary System—Inflation Targeting, Inflation, Financial Liberalization, and FDI Flow Patterns
	10.4 The Economic System—Typology of Economic Systems in the Region, Development of Nations, Demographic Trends, Evolving Comparative Advantage, Economic Transitions, and Change, —Informal Economy, Losses in Human Capital, Labor Market Protections and Rigidities
	10.5 Commercial System—Free Trade Blocs, Bilateral Investment Treaties, Export Processing Zones, Investor-State Dispute Settlements, Future Economic Trends, Investment Incentives, and Natural Resource Nationalization
	10.6 Money Market—Short-Term Investment, Role of Central Bank, Interbank Loans Infrastructure, Repurchase Agreements, Regulation on Temporary Imbalance in Liquidity
	10.7 Capital Market—Stock Market Structure, IPOs, Institutional Investors, Monetary Stimulus
	10.8 Discussion
	10.9 Conclusion
	References
11 Establishing Business in Bangladesh
	11.1 Introduction
	11.2 Background
	11.3 Investment in New Venture Business—Financial Issues, Financial Markets
		11.3.1 Business Start-Up Financing Alternatives, Exchange Rates, Projecting Cash Flows and Risk Analysis
			11.3.1.1 Political Risk
			11.3.1.2 Economic Risk
			11.3.1.3 Legal Risk
			11.3.1.4 Cultural Risk
			11.3.1.5 Business Risk
			11.3.1.6 Financial Risk
	11.4 Financing Alternatives (Including Microfinance)
	11.5 Physical Infrastructure and Supply Chain Management Distribution and Focus—Supply Chain Management Issue
		11.5.1 Key Supply Chain Management Issues in Bangladesh
		11.5.2 Solutions and Recommendations
	11.6 Negotiation Patterns and Partners
		11.6.1 Key Negotiation Patterns and Strategies
	11.7 Corporate Social Responsibilities—Sweatshops, Bribery, Child Labor
	11.8 Making a Choice
	11.9 Discussion
	11.10 Conclusion
	References
12 Establishing Business in Sri Lanka
	12.1 Introduction
	12.2 Background
	12.3 Recent Business Start-Ups and Investments
	12.4 Financing Alternatives (Including Microfinance)
	12.5 Physical Infrastructure and Supply Chain Management Distribution and Focus—Supply Chain Management Issue
	12.6 Negotiation Patterns and Partners
	12.7 Corporate Social Responsibilities—Sweatshops, Bribery, Child Labor
	12.8 Making a Choice
	12.9 Discussion
	12.10 Conclusion
	References
13 The Marketing Process in Bangladesh and Sri Lanka
	13.1 Introduction
	13.2 Background
	13.3 Where Are the Markets?
		13.3.1 Sri Lanka
	13.4 Market Research
	13.5 Regional Differences
	13.6 Other Marketing Information Needed to Do Business
		13.6.1 Opportunities
		13.6.2 Sri Lanka
	13.7 The Marketing Mix—Global Marketing—What Products, Branding, Packaging Is Appropriate and Needed? What Are the Pricing Policies, Promotion and Advertising Approaches, Channels, and Distributions Networks?
	13.8 Individual Country Marketing vs. Regional Marketing
	13.9 Marketing Strategies That Are Typically Used or Perceived to be Used and Work
	13.10 Discussion
	13.11 Conclusion
	References
14 Speculations on Future Trends and Conclusions
	14.1 Introduction
	14.2 Re-capping
	14.3 Implications
	14.4 Discussion
	14.5 Conclusion
	References
Index