This book offers a comprehensive overview of the relationship between Foreign Direct Investment (FDI) regulation and sustainable development in Bangladesh. It is widely accepted that FDI-induced development is essential for the growth of undeveloped economies, but it can create a conflict between the investors' goal of profit maximisation and the host state's pursuit of economic gains. FDI-induced development is especially important for the economy of Bangladesh, the focus of this book, which argues that a balanced regulatory approach is necessary to ensure that FDI benefits all stakeholders. In examining Bangladesh's FDI regulatory regime, the authors reveal that it is investor-centric and lacks a development-oriented approach. They discuss the relevant laws, practices, mechanisms, and institutions that govern the entrance regulations and incentives for foreign investment, as well as the protection of the environment and human rights, with special attention to labour rights, involuntary displacement, and the protection of both the investors and the state in which they invest. From this analysis, the book recommends reforms to introduce development as a primary goal while maintaining Bangladesh's appeal as an FDI destination. The book will be of interest to researchers, students, and academics in the fields of economics, politics, sustainable development, and economic growth. It will also be of great interest to FDI strategists, policymakers, negotiators, administrators, and legislators in creating a balanced regulatory regime to attract FDIs for development.
This book examines the growing trend of recognition and practices of CSR in private enterprises in developing countries. It identifies the challenges and deficiencies in these practices and proposes means for improvement. Based on a sound theoretical foundation, this book focusses on the case of Bangladesh and the ready-made garment industry to exemplify the described developments. After a brief introduction the book outlines the standards of Corporate Social Responsibility. It compares the trends in CSR practices both in developed and developing countries and then embarks on CSR practices in the private sector in Bangladesh to finally present a detailed analysis of CSR and its practices in the ready-made garment industry. The book not only compares developing countries with developed, but as well provides an assessment and analysis of different stages of CSR within the South Asian area.
This book offers a comprehensive overview of the relationship between Foreign Direct Investment (FDI) regulation and sustainable development in Bangladesh. It is widely accepted that FDI-induced development is essential for the growth of undeveloped economies, but it can create a conflict between the investors' goal of profit maximisation and the host state's pursuit of economic gains. FDI-induced development is especially important for the economy of Bangladesh, the focus of this book, which argues that a balanced regulatory approach is necessary to ensure that FDI benefits all stakeholders. In examining Bangladesh's FDI regulatory regime, the authors reveal that it is investor-centric and lacks a development-oriented approach. They discuss the relevant laws, practices, mechanisms, and institutions that govern the entrance regulations and incentives for foreign investment, as well as the protection of the environment and human rights, with special attention to labour rights, involuntary displacement, and the protection of both the investors and the state in which they invest. From this analysis, the book recommends reforms to introduce development as a primary goal while maintaining Bangladesh's appeal as an FDI destination. The book will be of interest to researchers, students, and academics in the fields of economics, politics, sustainable development, and economic growth. It will also be of great interest to FDI strategists, policymakers, negotiators, administrators, and legislators in creating a balanced regulatory regime to attract FDIs for development.
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