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Title: Prospects of Circular Economy towards International Trade in Bangladesh

Abstract: Circular economy invents a new horizon to struggle with scarce natural resources and environmental injury in Bangladesh. Circular Economy can amplify the potentials of international trade of Bangladesh through accelerated economic growth. Regardless of satisfactory growth, Bangladesh has to struggle to achieve trade balance and sustainable environment in near future. It requires a transition from traditional system to circular system of production and consumption. In this backdrop, the study aims at developing a model to show how circular economy can accelerate international trade volume and bring trade balance through the amplification of economic growth. Following the inductive reasoning approach with critical review of empirical literature, the study arrives at a model which explains how trade can be accelerated with trade balance through economic growth owing to the transition to circulation economy. It concludes with the recommendation of preferential trade policy, government intervention, and international cooperation.

By Sara Tasneem
In Volume: 11,Issue: 2
Title: Mudra Bank: An Innovative Financial Architecture to Lift the Micro and Small Businesses in India

Abstract: The growth of the Indian economy depends critically on the rise of the non-corporate business sector. The Non-Corporate Small Business Sector (NCSBS), which is the kamadhenu (job-intensive) but credit-starved sector of our economy, is the main source of the issue. 128 million employment and millions of rural and semi-urban entrepreneurs are produced by these 58 million non-formal micro businesses. The performance of this industry directly impacts the national economy. Two- thirds of these facilities are administered by Scheduled Castes, Scheduled Tribes, and Other Backward Classes. Banks, however, only supply 4% of the credit required by this sector. The majority of this sector lacks access to formal funding sources. The Government of India established Micro Units Development & Refinance Agency Ltd. (MUDRA) in order to satisfy the needs of the NCSBS segment, sometimes referred to as the informal sector, and integrate them into the financial system. It will be established as a branch of SIDBI, an organisation that has spent the past 25 years supporting India's small-scale industries. It was established as an apex refinancer and serves as a regulator for "Micro Finance Institutions (MFIs)" for the benefit and development of the micro- and small-business sector. 5.75 crore small business units in India would receive services from the MUDRA bank, many of whom are now unable to obtain loans through the traditional banking system. The purpose of the paper is to draw attention to the MUDRA Yojana, a cutting-edge financial system that has the potential to drastically alter the Indian economy. MUDRA Bank seeks to support micro and small businesses in India through refinancing, aid with development, and financial inclusion of the missing middle.

By Pankaj Kumar Bharti*, Vinay Arya
In Volume: 11,Issue: 2
Title: Terrorism in Bangladesh: The Process of Radicalization and Youth Vulnerabilities

Abstract: BOOK REVIEW: Zia Rahman & Monirul Islam Published by: The University Press Limited (UPL); R H Home Centre, Suite 224-239, Level 2, 74/B/1 Green Rd, Dhaka 1215, Bangladesh ISBN: 978-9-84-506288-6 Pages in Book: 254 Year: 2023 700.00 BDT

By Muhammad Mahboob Ali*
In Volume: 11,Issue: 2