Bangladesh: Stimulating Economic Growth

Introduction

Bangladesh is located in southeast Asia and covers an area of about 148 km². The country’s rich history implies a diversity of traditions and cultures, which is exceptional for such a small state, making it appealing for the project. The government’s official website is the most reliable source of information about Bangladesh. For everyone to comprehend the country and the need for a new service, a brief description of Bangladesh will be provided simultaneously with the program elements of service, staffing, and financing.

A Brief Description of Bangladesh

Bangladesh is a charming country with a high population density. Nevertheless, it is worth noting that many citizens live outside their homeland, which underlines the fact of economic concerns. The capital of Bangladesh is Dhaka, and its official language is recognized as Bengali. The country is the world leader in garment production and the second-largest exporter. Moreover, tourism and agriculture contribute significantly to the state’s gross domestic product (Willem 100). It is a country with low labor and production costs, and it is considered poor despite its great potential.

Service Description and Rationale

The project involves the Interacy Foundation’s digital literacy training program for rural people. It will focus on introducing residents to computers and the Internet. The activity will include the basics of using MS Office software, which is the foundation of digital literacy. Moreover, there will be a guide on authenticating the information from the world wide web. In cybersecurity, training will be provided on the various ways of protecting the personal identities citizens share online.

The necessity for the program is due to the inadequate communication system in the country, which hinders economic growth in several aspects, especially in rural areas. Previous research on Internet use in countrified regions of the state has displayed alarming statistics: less than 50% of people are aware of the Internet, and about 75% of rural families have relatively low or no access to it (Ullah 126). It is already a significant indicator, demonstrating the need for a training program. Another study discovered that only about 33% of rural homes have digital skills, a deficient level in the face of rapid global digitalization (Akther 263). Consequently, it is crucial to address the digital literacy level in rural Bangladesh to stimulate economic growth, as it is deficient nowadays.

Stuffing and Financing

The Interacy Foundation will consist of ten full-time staff, four paid members, and six volunteer ones. I will be the Chief Executive Officer, working alongside the other CEOs on finance and operations, and the Director of Advocacy. The four staff positions will be core to the foundation and will have a crucial role in achieving the project’s goals. The funding partner for our initiative is the Innovation Foundation, which has been at the forefront of grant undertakings in Bangladesh.

The projects they have funded aim to transform society and promote economic progress. Interacy Foundation has previously funded schemes in the digital space, such as an e-learning platform for migrant worker families and a low-cost multimedia classroom. Its history of digital allocation projects confirms that it will consider our request and enable us to achieve the project initiatives. 

Conclusion

Therefore, Bangladesh is a promising country that is temporarily experiencing economic hardships. One of the primary concerns is the lack of citizens’ digital literacy skills and familiarity with the Internet. The project’s resources will be focused on solving this issue by introducing individualized training programs. The Foundation for Innovation will be the foremost sponsor, which has already established itself as a leader in funding quality initiatives. Successful program implementation will provide residents with the necessary digital skills and enable them to participate in e-commerce and global trade, leading to economic growth in Bangladesh.

Works Cited

Akther, Farzana. “Intermediaries and Intermediating Tools as Instruments for Digital Literacy in Bangladesh.” Designing for Learning in a Networked World, 2018, pp. 251-272.

Ullah, Mohammad Sahid. “ICTs, Power Prejudice and Empowerment: Digital Exclusion of the Poor in Rural Bangladesh.” Digital Inequalities in the Global South, 2020, pp. 103-133.

Van Schendel, Willem. A History of Bangladesh. Cambridge University Press, 2020.

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StudyCorgi. 2023. "Bangladesh: Stimulating Economic Growth." April 13, 2023. https://studycorgi.com/bangladesh-stimulating-economic-growth/.

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