How is ICT Shaping the Economic Landscape in Transitional Bangladesh?

Abstract

Information communication technology (ICT) has a significant impact on the national economy of Bangladesh. Nowadays, people recognize ICT as a critical driver for the governance and economy of Bangladesh. Though ICT is crucial in representative and democratic governance, it also persuades significantly in the business and service sector of Bangladesh. The present study focuses on the nexus between ICT and the economy, which shaped the economic governance landscape in transitional Bangladesh. The study endeavors to answer the questions on how ICT is triggering the economy and economic governance and how it indicates the future role of ICT in management and development. The study followed the content analysis method and was primarily based on secondary data sources to reach the inferences. The results found ICT a comprehensive platform that includes the different stakeholders and emphasized the trade-off between them and the national economy. It is also found that ICT helps the government identify the synchronized ideas of various stakeholders that coordinate their actions and produce services for home and abroad. The study concludes by arguing for the management of ICT and wrapping of multidimensional data, and it could likely boost the economy and incentives required for the government to act in support of governance in the future.