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Luckly in BD we have plenty of hard-headed people who think rationally and that is why Bengal 300 years ago was maybe the richest and one of the most technologically advanced regions of the world. I hope to live to see the day that BD is once again a developed country and society.

Simple as I champion the BD-India economic relationship that he is against. Was ok before but lately he is letting his emotions get the better of him. :disagree: BD has no choice but to carry on and deepen its economic engagement with India. Both India and BD now realise that they can only...

Trolls already taken advantage and making stupid posts I see. :disagree: Poverty is going up even in rich countries like the UK and poor people are having to choose between eating and heating now. The OP was well intentioned but this thread is going to attract trolls like flies to dung as it...

I think the solver lining here is that BD's central bank will end up more tightly regulating these banks and there will be less corruption from politically connected people in these companies and banks that have allowed this to happen. Hasina at the top will also have realised that more of this...

BD at this stage of its economic development is almost immune to export demand as it still mainly exports “essentials”. Even its electronics industry may benefit as consumers look to cheaper BD goods over the more expensive S Korean and Japanese brands. I am particularly interested to see the...

Fair point but it is pointless to argue about how much of an advantage that India had over BD. What is certain is that BD came from almost nothing in 1971 and hence the main reason why it still only has a per capita of 3K a year. It's major advantage over India is that it is a single ethnic...

25-30% by mid-century would strike a good balance. This is the ideal level for the country that BD wants to be. BD is a capitalist country with a collective mindset. There will always be huge numbers of people that cannot afford decent schooling and healthcare and so the government will need to...

Ok, you were right there I admit. :p: I am not sure whether India can export that much to BD by 2030 as a 40 billion US dollar trade deficit with India will not be either desireable or possible. More likely that BD will export 10-12 billion to India as you say and probably import around the 30...

These trolls are even doubting export numbers! That is impossible as that can be cross-checked with the importing countries. As the years pass, their world will slowly come crashing down as the evidence of the strength of BD economy will keep growing.

I did not think that India could become the No. 1 export destination for BD by 2030 but now I think that might be a real possibility. Exports of BD garments and home electronics can by themselves each become many billions of dollars a year by then. Like I said, even Hinduvta India has realised...

The reason for this thread is to destroy the troll argument that India is unfairly putting up barriers to BD exports. Last fiscal BD exported 2 billion US dollars to India and this fiscal we are likely to see well in excess of 3 billion US dollars even at this time of global recession. BD and...

It will gradually happen as both BD and India move up the technological ladder. Will take some time before India-BD trade is like that between China-Japan is now.

BD could easily hit the 10 billion US dollars of exports to India way before 2030 if this growth rate continues for some more years. https://rmgbd.net/2022/10/q1-of-fy23-apparel-exports-see-a-modest-rise-in-top-destinations/ "From India, Bangladesh bagged $306.39 million in the Q1 of...

BD government should now be at 15-20% of GDP and should aim for 25-30% by mid-century. That would strike the right balance.

Why engage with donkeys here? Taka has devalued against the dollar like all other currencies. Below gives devaluations since the start of this year for a basket of currencies: BD Taka - 16% Indian Rupee - 9% rallied lately Euro - 9% rallied lately Yen - 18% UK Pound - 14% rallied lately...

Again, why this unnecessary engagement with the Gulfies? BD must strive to minimise as much relations as possible with primitive cultures. You do not move up in development by more relations with backward countries.

Don't forget 2 billion US dollars of fiscal transfers from BD to Pakistan from 1947-1971. In today's money that would be 20 billion US dollars.

Muppets are talking about special trade privileges as a major reason why BD garment industry is so strong. News for them as BD has had none in US since 2013 and was exporting near 1 billion dollars to the US every month. Exports to US have exploded due to price quality ratio that BD can offer...

That is absolutely stonking performance as a lot of developed countries head into recession. BD economy was and will remain strong as ever.

BD does have a need of huge amounts of imports in terms of foodstuffs, raw materials, energy(high prices) and industrial goods from primarily India, China and ME. These imports are essential for the health of the economy and the well-being of the BD people. People that want luxury goods like...