An Economic Analysis of Shipping Industry in Bangladesh: Implications for Sustainable Development

Abstract

Shipping business and industry is as primeval as human civilization. Also in Bangladesh shipping business is very ancient. The economic influence of shipping is undoubtedly great on our economy. But this sector is not as widened as it was expected. This article has explored the probable economic aspects of shipping in Bangladesh. It is expected that the participation of Bangladesh in the economic opportunities created by shipping and maritime activities will have huge benefit for total economic welfares. Policy makers should give more emphasis on shipping industry which is the significant part of blue economy. Private sector engagement in this sector will be beneficial in the long run as without private engagement, this sector will not be boomed. The research is an exploratory research based on secondary data.

Keywords

• Shipping and Shipping industries
• economic aspect of shipping

How to cite

S. M. Nurul Huda, Mohammed Mojahid Hossain Chowdhury, Md. Al-Amin Molla (2016). An Economic Analysis of Shipping Industry in Bangladesh: Implications for Sustainable Development. Sonargaon University Journal, 1(2), 83–90.

@article{huda20167,
  title   = {An Economic Analysis of Shipping Industry in Bangladesh: Implications for Sustainable Development},
  author  = {S. M. Nurul Huda and Mohammed Mojahid Hossain Chowdhury and Md. Al-Amin Molla},
  journal = {Sonargaon University Journal},
  volume  = {1},
  number  = {2},
  pages   = {83--90},
  year    = {2016},
  issn    = {2518-3125},
  url     = {https://su.edu.bd/journal/volume-1-number-2/an-economic-analysis-of-shipping-industry-in-bangladesh-implications-for}
}