Bangladesh holds memberships in various international organizations. As a developing country, it is imperative to take an active role in these organizations as it will assist the growth they anticipate over the coming decades. These organizations act as significant resources for Bangladesh.
Bangladesh has been a member of the United Nations since 1974. The countries representative stated at the United Nations General Assembly on Tuesday that Bangladesh continues to strive to expedite the recovery process of the Rohingya crisis. The International Monetary Fund, another international organization monitoring global finances, accepted Bangladesh into membership in 1972. The IMF indicates a 7.3% change in GDP this year for the country. Additional information includes a 5.4% rise in consumer prices and an IMF quota of about 1 billion, about 1/80th of the United States. This quota generally measures a members position in the global economy. Bangladesh joined the World Trade Organization on the first day of 1995. This international organization deals with trade between its membered countries. The WTO constructs annual reports with in-depth information and statistics relating to each of its members. This information is highly informative and can drive reform within a country.
The Gini coefficient in Bangladesh, measuring economic equality within a nation, has seen an increase to .458 in the last two years. This number, while respectable, can be significantly lowered. A coefficient of 0 represents perfect equality within a country.
Bangladesh continues to keep climate change at the forefront of their concern. The country is especially vulnerable to this growing epidemic. Over 50 million people are at risk of displacement due to rising sea levels. Bangladesh is among the top ten most affected countries by extreme weather in the last two decades. Regardless of these hurdles, Bangladesh is at the top of the global list for preparation. The country is strongly promoting climate change action and is actively taking measures to adapt to this change. Bangladesh is well informed of their greatest challenges. The world acknowledges their efforts and is in full support of their motives.
Sources:
https://www.imf.org/external/index.htm
Globalization: Asia 