Committed to Improving the State of the World

Reaz Hossain Ashique Hassan Md. Oheduzzaman ID#080306 ID#080310 ID#080337 ID#080340 .ASTERISK ‡ ‡ ‡ ‡ Md. Monirul Islam Md.

political and other leaders to shape global. regional and industry agendas .World Economic Forum ‡ An Independent International Non-profit Organization ‡ Offers a world platform for business.

Background ‡ Founded in 1971 by Klaus Schwab ‡ Former name: European Management Forum ‡ Changed the name in 1987 .

Objectives Objective ‡ To improve the state of the world ‡ To create a world platform for addressing the business or economic issues ‡ To define economic outlook and policies for inclusive higher growth ‡ To mark the fundamental change in world economy and to generate insight on it ‡ To anticipate the risks and opportunities and to contrive ways to respond to the new reality. .

British Petroleum. Nestle etc. .Members & Partners ‡ 1000 member companies ‡ Two types of partners ± Strategic Partners Google. HSBC. ± Industry Partners Siemens. Goldman Sachs. DuPont etc.

Activities ‡ ‡ ‡ ‡ ‡ Annual Meeting in Davos Regional meetings Young Global Leaders Social Entrepreneurs Research Reports .

Bases of Ranking .

Top 10 Countries Country Rank ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ ‡ Switzerland Sweden Singapore United States Germany Japan Finland Netherlands Denmark Canada 1 2 3 4 5 6 7 8 9 10 BANGLADESH 107 .

Challenges for Bangladesh ‡ Poor quality of overall infrastructure and transportation ‡ Corruption ‡ Low quality of educational system ‡ Vulnerable Political Situation ‡ Inefficiency in government spending ‡ High inflation .

Challenges for Bangladesh(continued) ‡ Complexity in accessing financial services ‡ Availability of latest technologies ‡ Brain drain ‡ Lack of Internet access at mass level ‡ Poor Quality of scientific research institutions ‡ Inadequate Company spending on R&D .

ow to Meet the Challenges ‡ Bringing down the corruption at minimum level ‡ Improving infrastructure and transportation system ‡ Making export and import procedures easy and efficient ‡ Increasing technological spending and patronizing domestic technology ‡ Ensuring political stability and collaboration among political parties. ‡ Improving the quality of education and funding research in educational sector .

consultancy etc. ‡ Ensuring Internet access in all areas of the country ‡ Encouraging the domestic companies to spend on R&D by loans on easy terms ‡ Increasing the University-industry cooperation particularly in R&D .ow to eet the Challenges ‡ Ensuring proper governance and sound management in financial sector ‡ Offering special package for entrepreneurs which may include loan at low interest rate. subsidy.

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