Main Article Content
Purpose- The purpose of this paper is to identify possible diversifications of jute to create more sustainable businesses for economic development.
Design/Methodology-The paper is prepared using secondary sources of data including published journals, data from research database, news, periodicals, books and websites. The paper is prepared in an exploratory manner, describes several data through graphical representations, and is focused on Bangladesh only.
Findings- The study finds that jute’s economic and ecological benefit can make it a cash cow for Bangladesh. Its immense ability of diversification makes it a sustainable solution.
Practical Implications- The study shows the feasibility of the project from a government perspective. The study can be practically applicable at economic scale that can be highly beneficial for jute producing countries like Bangladesh.
Abdullah, D. A. (2013). Ecological and economic attributes of Jute and Natural fibre for sustainable Eco-Management. Dhaka: Primeasia University.
Al Jazeera. (2008, December 10). Bangladesh jute industry in decline. Retrieved from Al Jazeera: https://www.aljazeera.com/news/asia/2008/12/2008121035022494523.html
Ara, A. (2019, October 9). Sonali Bag gets ready for commercial production. Retrieved from The Financial Express: https://www.thefinancialexpress.com.bd/trade/sonali-bag-gets-ready-for-commercial-production-1571458150#:~:text=According%20to%20the%20BJMC%2C%20Sonali,polythene%20takes%20several%20hundred%20years.
Asia Pacific Accreditation Cooperation. (2020, February). APAC Electric Vehicle Market. Retrieved from market data forecast: https://www.marketdataforecast.com/market-reports/apac-electric-vehicle-market
Bangladesh Sangbad Sangstha . (2019, September 9). Bangladesh to export 5 metric tons tea produced from jute leaves this year. Retrieved from The Daily Sun: https://www.daily-sun.com/post/422234/Bangladesh-to-export-5-metric-tons-tea-produced-from-jute-leaves-this-year
Banglapedia. (2015, February 9). Jute. Retrieved from Banglapedia: http://en.banglapedia.org/index.php?title=Jute
Bay, B. (2020, July 4). End of state-owned jute mills: why close when you can reform? Retrieved from The Daily Star : https://www.thedailystar.net/opinion/magic-madness/news/end-state-owned-jute-mills-why-close-when-you-can-reform-1924661#:~:text=According%20to%20data%20from%20the,months%20of%20FY%202019%2D2020.&text=In%20the%20process%2C%20the%20jute,in%20Bangladesh's%2
BGMEA. (2020, June 13). Tradeinformation. Retrieved from BGMEA: https://www.bgmea.com.bd/home/pages/TradeInformation
Boucher, J., & Friot, D. (2017). Primary Microplastics in the Ocean: A Global Evaluation of Sources. Gland, Switzerland: IUCN. doi:dx.doi.org/10.2305/IUCN.CH.2017.01.en DOI: https://doi.org/10.2305/IUCN.CH.2017.01.en
Brooks, A. L., Wang, S., & Jambeck, J. R. (2016, June 20). The Chinese import ban and its impact on global. doi:10.1126/sciadv.aat0131 DOI: https://doi.org/10.1126/sciadv.aat0131
Byron, R. K., & Chakma, J. (2020, September 1). Cars ‘made in Bangladesh’ on the way. Retrieved from The Daily Star: https://www.thedailystar.net/business/news/cars-made-bangladesh-the-way-1953853
Chakma, J. (2019, July 24). Local firm to set up $200m plant to make electric vehicle. Retrieved from The Daily Star: https://www.thedailystar.net/business/news/local-firm-set-200m-plant-make-electric-vehicle-1776208
Chakma, J. (2019, January 24). Locally assembled electric cars to hit streets soon. Retrieved from The Daily Star: https://www.thedailystar.net/business/news/locally-assembled-electric-cars-hit-streets-soon-1692118
Chowdhury, T. (2020, June 2). Can Bangladesh deal with mountains of COVID-19 medical waste? Retrieved from Al Jazeera: https://www.aljazeera.com/news/2020/06/bangladesh-deal-mountains-covid-19-medical-waste-200602084636302.html
Faruque, P. D. (2016). FUTURE TRENDS FOR ENVIRONMENTAL SUSTAINABILITY OF GARMENTS ACCESSORIES & PACKAGING INDUSTRY IN BANGLADESH. Dhaka: Bangladesh Garments Accessories & Packaging Manufacturers& Exporters Association. Retrieved from http://www.bgapmea.org/index.php/home/study_report/
Ferdous, S., & Hossain, M. S. (2017, September). Natural Fibre Composite (NFC): New Gateway for Jute, Kenaf and Allied Fibres in Automobiles and Infrastructure Sector. World Journal of Research and Review (WJRR), 5(3), 35-42. Retrieved from https://media.neliti.com/media/publications/262755-natural-fibre-composite-nfc-new-gateway-2c82f940.pdf
Geyer, R., Jambeck, J. R., & Law, K. L. (2017, July 19). Production, use, and fate of all plastics ever made. Science Advances, 3(7), 12. doi:10.1126/sciadv.1700782 DOI: https://doi.org/10.1126/sciadv.1700782
Guern, C. L. (2019, November). WHEN THE MERMAIDS CRY: THE GREAT PLASTIC TIDE. Retrieved from Coastal Care: https://plastic-pollution.org/
Harmachi, A. R. (2020, May 10). Jute joy amid coronavirus cloud over Bangladesh exports. Retrieved from bdnews24.com: https://bdnews24.com/business/2020/05/10/jute-joy-amid-coronavirus-cloud-over-bangladesh-exports
Indexbox. (2020, January 17). World - Jute And Jute-Like Fibers - Market Analysis, Forecast, Size, Trends and Insights. Retrieved from indexbox.io: https://www.indexbox.io/store/world-jute-and-jute-like-fibers-market-analysis-forecast-size-trends-and-insights/
International Trade Centre. (2009). Packaging Industry Audit Bangladesh. Geneva: International Trade Centre (ITC). Retrieved from http://www.bgapmea.org/index.php/home/study_report/10
Ishaque, M. (2019, September 9). RMG Industry Outlook 2019. Retrieved from Textile Focus: http://textilefocus.com/rmg-industry-outlook-2019/#:~:text=Export%20Status,growing%20by%2010.55%25%20in%20FY19.
Islam, R. (2018, March 7). ‘Jute is our golden future’. Retrieved from Dhaka Tribune: https://www.dhakatribune.com/business/economy/2018/03/07/growth-jute-golden-future/
Islam, S. (2013, January 5). Jute is golden also for environment. Retrieved from The Daily Star: https://www.thedailystar.net/news-detail-263840#:~:text=Studies%20reveal%20that%20the%20C02,season%20(about%20100%20days).
Jahan, A. (2019). The environmental and economic prospects of jute with a connection to social factors for achieving Sustainable Development. Uppsala: Department of Earth Sciences, Uppsala University. Retrieved from http://uu.diva-portal.org/smash/get/diva2:1328785/FULLTEXT01.pdf
JUTEBORG. (2020, August 12). Juteborg is proud of being awarded EU funding by INNOWWIDE. Retrieved from JUTEBORG: https://www.juteborg.se/juteborg-is-proud-of-being-awarded-eu-funding-by-innowwide/?cli_action=1597303572.3
Kabir, D. M., Razzaque, D. M., & Rabi, M. R. (2019). Reviving Exports of Jute Products from Bangladesh. Dhaka: Bangladesh Enterprise Institute. Retrieved from https://bei-bd.org/wp-content/uploads/2020/06/7.Reviving-Exports-of-Jute-Products-from-Bangladesh.pdf
Kamal, M. Z. (2019, January 21). Bangladesh has the answer to polythene menace. Retrieved from United News of Bangladesh: https://unb.com.bd/category/Special/bangladesh-has-the-answer-to-polythene-menace/10981#:~:text=The%20bag%2C%20named%20'Sonali',conventional%20polythene%20bags%2C%20he%20says.&text=It%20takes%20the%20bag%20five,fish%20because%20it%20has%20cellulose.
Kundu, D. A. (2010, September 19). Types of Bioplastic. Retrieved from InnovativeIndustry.net: http://www.innovativeindustry.net/types-of-bioplastic
Lamb, K. (2018, March 6). 'Plastic, plastic, plastic': British diver films sea of rubbish off Bali. Retrieved from The Guardian: https://www.theguardian.com/world/2018/mar/06/plastic-british-diver-films-sea-rubbish-bali-indonesia
Mak, A. (2018, June 21). Why Does Half of the World’s Used Plastic End Up in China? Retrieved from Slate: https://slate.com/technology/2018/06/why-china-import-half-world-used-plastic.html
Mohiuddin, M. (2015, February). Green Marketing Of Jute and Jute Products: A Study on Bangladesh. IOSR Journal of Business and Management (IOSR-JBM), 17(1), 52-57. doi:10.9790/487X-17215257
Molla, M. A.-M. (2016, November 22). Care for herbal drink from jute? Retrieved from The Daily Star: https://www.thedailystar.net/frontpage/care-herbal-drink-jute-1318603
Moniruzzaman, D. M. (2010). Long Run Relationship between Export and Import of Bangladesh: Growth Trend, Cointegration and Casuality Analysis. Retrieved from https://bea-bd.org/site/images/pdf/076.pdf
MP, M. A. (2018, August 12). Huge domestic and global demand for jute viscose fiber shows a great prospect to produce it in Bangladesh where the high-quality raw material is available at low cost. (T. Today, Interviewer) Textile Today . Retrieved from https://www.textiletoday.com.bd/jute-viscose-project-will-change-history-bangladeshs-jute-industry/#:~:text=After%20the%20implementation%20of%20the,than%20200%2C000%20bells%20each%20year.
Munni, M. (2019, November 27). Artificial fibre import doubles in five years. Retrieved from The Financial Express: https://thefinancialexpress.com.bd/trade/artificial-fibre-import-doubles-in-five-years-1574831151#:~:text=The%20import%20of%20viscose%20staple,only%2018%2C115%20tonnes%20in%202014.&text=In%20fiscal%202018%2D19%2C%20Bangladesh,3.5%20billion%20in%20importin
Munni, M. (2020, June 2). RMG exports drop 19pc in FY'20. Retrieved from The Financial Express: https://thefinancialexpress.com.bd/economy/rmg-exports-drop-19pc-in-fy20-1593660880
Ovi, I. H. (2020, August 5). Bangladesh's share in global clothing exports rises to 6.8%. Retrieved from Dhaka Tribune: https://www.dhakatribune.com/business/2020/08/05/rmg-global-market-share-bangladesh-still-lags-behind-vietnam#:~:text=According%20to%20the%20World%20Trade,from%20%24421%20billion%20in%202018.
Pavel, S., & Supinit, V. (2018). Bangladesh Invented Bioplastic Jute Poly Bag and International Market Potentials. In S. Pavel, H. J. Hejase, A. J. Hejase, H. T. Assi, H. C. Chalak, & S. N. Wamitu, Advances in Business and Management (pp. 95-121). Irvine, California, USA: Scientific Research Publishing. Retrieved from https://www.researchgate.net/publication/329075034_Advances_in_Business_and_Management
PlasticsEurope Deutschland. (2019). Plastics – the Facts 2019 : An analysis of European plastics production, demand and waste data. Brussels, Belgium: PlasticsEurope. Retrieved from https://www.plasticseurope.org/application/files/9715/7129/9584/FINAL_web_version_Plastics_the_facts2019_14102019.pdf
Ribba, L., Garcia, N. L., D'Accorso, N., & Goyanes, S. (2017, December). Disadvantages of Starch-Based Materials, Feasible Alternatives in Order to Overcome These Limitations. doi:10.1016/B978-0-12-809439-6.00003-0 DOI: https://doi.org/10.1016/B978-0-12-809439-6.00003-0
Siddiqui, M. (2020, January 19). Cotton import from US: Revoking the provision of double fumigation. Retrieved from The Financial Express: https://thefinancialexpress.com.bd/views/cotton-import-from-us-revoking-the-provision-of-double-fumigation-1579446165#:~:text=BTMA%20data%20show%2C%20Bangladesh%20in,and%20the%20rest%2C%209.65%20per
Singh, S. (2019, July 25). Geotextile Market worth $9.4 billion by 2022. Retrieved from Markets and Markets: https://www.marketsandmarkets.com/PressReleases/geotextiles.asp
SME Foundation. (2015). MARKET PROFILE - Jute Bags and Sacks. Dhaka: SME Foundation. Retrieved from http://www.smef.org.bd/v2/smef_download/market_profile/5_Market_Profile_Jute_bags_sacks.pdf
Staub, C. (2019, January 29). China: Plastic imports down 99 percent, paper down a third. Retrieved from Resource Recylcing: https://resource-recycling.com/recycling/2019/01/29/china-plastic-imports-down-99-percent-paper-down-a-third/#:~:text=Chinese%20companies%20imported%20110%20million,country%20brought%20in%20during%202017.
Sustainable Bioplastics Council of Maine. (2010). The Business Case for Commercial Production of Bioplastics in Maine. Maine: CONFIDENTIAL. Retrieved from https://www.ourhealthyfuture.org/sites/default/files/pdfs/the_business_case_for_commercial_production_of_bioplastics_in_maine_final.pdf
Textile Today. (2020, September 1). Jute geo-textile & its prospect in Bangladesh. Retrieved from Textile Today: https://www.textiletoday.com.bd/jute-geo-textile-its-prospect-in-bangladesh/#:~:text=Geo%2Dtextiles%20are%20the%20most,made%20project%2C%20structure%20or%20system.
The Daily Inqilab. (2017, October 3). পাট থেকে পলিথিন ব্যাগ. Retrieved from The Daily Inquilab: https://www.dailyinqilab.com/article/98070/%E0%A6%AA%E0%A6%BE%E0%A6%9F-%E0%A6%A5%E0%A7%87%E0%A6%95%E0%A7%87-%E0%A6%AA%E0%A6%B2%E0%A6%BF%E0%A6%A5%E0%A6%BF%E0%A6%A8-%E0%A6%AC%E0%A7%8D%E0%A6%AF%E0%A6%BE%E0%A6%97-?__cf_chl_jschl_tk__=328bd1745f3d8983f0a3e713a
The Financial Express. (2018, May 11). Jute pulp paper. Retrieved from The Financial Express: https://thefinancialexpress.com.bd/editorial/jute-pulp-paper
Tribune Desk. (2020, June 17). Dhaka ranks 5th worst in Air Quality Index. Retrieved from Dhaka Tribune: https://www.dhakatribune.com/bangladesh/dhaka/2020/06/17/dhaka-ranks-5th-worst-in-air-quality-index-2
Ullah, A. A., Foisal, A., & Nahar, N. (2016, December). Study on the Characteristics of Jute-Cotton Blended Fabrics. SEU Journal of Science and Engineering,, 10(2), 12-16. Retrieved from https://www.researchgate.net/publication/320584603_Study_on_the_Characteristics_of_Jute-Cotton_Blended_Fabrics
UN Environment. (2018). Our planet is drowning in plastic pollution. Retrieved from UN Environment: https://www.unenvironment.org/interactive/beat-plastic-pollution/#:~:text=Around%20the%20world%2C%20one%20million,once%20%E2%80%94%20and%20then%20thrown%20away.
United European Gastroenterology. (2018, October 23). UEG Week: Microplastics discovered in human stools across the globe in first study of its kind. Retrieved from UEG: https://www.ueg.eu/press/releases/ueg-press-release/article/ueg-week-microplastics-discovered-in-human-stools-across-the-globe-in-first-study-of-its-kind
United Nations. (2020, September 27). Sustainable Development Goals Officially Adopted by 193 Countries. Retrieved from United Nations in China: http://www.un.org.cn/info/6/620.html#:~:text=Countries%20officially%20adopted%20the%20historic,Sustainable%20Development%20Goals%20(SDGs).
World Commission on Environment and Development. (1987). Our Common Future. Oxford: Oxford Unversity Press. Retrieved from https://sustainabledevelopment.un.org/content/documents/5987our-common-future.pdf