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Bangladesh on track to become a top 30 economy: US

http://www.thefinancialexpress-bd.c...adesh-on-track-to-become-a-top-30-economy:-US
Published : 10 Sep 2016, 10:06:44
Bangladesh on track to become a top 30 economy: US

With two decades of six per cent growth per year, Bangladesh is on track to become a top-30 economies by 2030 despite 'serious' security challenges, says the United States.

"Bangladesh, while facing serious security challenges, has gone from a food importer to a food exporter," said US Deputy Assistant Secretary Angela Aggeler while addressing the East-West Center International Media Conference in New Delhi on Friday.

Aggeler also said Bangladesh lifted tens of millions out of extreme poverty, and met several of its Millennium Development Goals, sharply reducing child mortality and improving maternal health.

"USAID played an important role in those achievements, and it's another great example of what can be accomplished with U.S. partnership," said the US Deputy Assistant Secretary.

She mentioned that US Secretary John Kerry noted two weeks ago in Dhaka, "We're not sure that anyone would have predicted a decade ago that the U.S. and Bangladesh would be consulting so closely on regional security, that Bangladesh would be using American cutters to patrol the Bay of Bengal, and that our shared agenda would include everything from counterterrorism to environmental health and sustainability of our oceans."

Aggeler said each of the countries in the region has a unique set of challenges, but also presents tremendous opportunities, according to US Department of State.

"Above all, we share a commitment to stability, security, and economic growth that we can work to strengthen and support. We believe there's great promise in Indo-Pacific cooperation, and will continue to work towards that," she said.

By 2030, the US Deputy Assistant Secretary said, India will be the globe's most populous nation, with a rising middle class of a half a billion people and a reservoir of entrepreneurial ingenuity and talent.

Sri Lanka is rebalancing its own foreign and economic policies thanks to its strategic maritime location to some of the largest markets in Asia, she said.

"The biggest economic factor is of course India, and Secretary Kerry's visit here just last week is emblematic of the strength and depth of our relationship. President Obama has called this relationship one of the truly defining partnerships of the 21st century, and in the past decade we have seen enormous progress in our bilateral relations," Aggeler added.

BD has always aspired to be a democratic and secular country inspite of the threat from Islamist and Jihadists. If BD can contain the fundamentalism, It shall have a great chance to emerge as a vibrant democratic secular replubic. Good luck to BD. By that time, India shall be the world's third largest economy (Infact it is 3rd largest now but in Nominal terms also.). by then.
 
Airforce getting 160-240 of MiG-35s and Su-30s combined and possibly J-31 stealth aircrafts,navy is amongst the top 20 largest navies,getting submarines,buying and making stealth corvettes and with one of the best SEAL forces in the world.
.Our own made UAVs and possibly UCAVs are expected to be operational by next year.Constructing the 2nd tallest building in the world ( Iconic Tower ).
fav part.. all the best BD :D
 
fav part.. all the best BD :D

J-31 is as cheap as an F-16,so why not after 2025?

Local made UAVs are already in service,bruh...

I hope both Bangladesh and Myanmar economy grow at a fast rate, imagine India, Bangladesh, Myanmar growing at 8-9%, all connected to the ASEAN economies.

But Myanmarnese government does not co-operate with us,and is extremely hostile towards us and Thailand.We nearly went to war more than once...Their government needs to change from a dictatorship based to a democratic and secular one and stop killing Rohingya and Arkanese Muslims before we can co-operate.Neighbours should never quarrel or else it would end up like Pakistan-India and Iran-Saudi Arab like situation,rather they should co-operate.I always hoped that both of us would team up and co-operate,helping each other economically resulting in more developement...
 
extremely hostile towards us and Thailand

They have started engaging quite well with Thailand recently especially given Thailand is the gateway to rest of ASEAN for them:

http://www.thaigov.go.th/index.php/en/government-en1/item/86533-id86533.html

https://www.google.ca/?gws_rd=ssl#safe=off&q=thailand+myanmar+cooperation

If BD can come to terms and work out Rohingya settler problem pragmatically with Myanmar, there should be no reason why they wont improve relations with you too over time.

Then all 3 countries can progress and cooperate as their respective middle classes grow.

J-31 is as cheap as an F-16,so why not after 2025?

You always get what you pay for. No such thing as game changing asymmetry on the cheap. I work in the defense realm somewhat....I know how glossy some brochures can appear initally and then what they turn out to be in reality when the system matures.
 
Local made UAVs are already in service,bruh...

then show me pic .. bruh.. :D this toys..?
images.jpg


But Myanmarnese government does not co-operate with us,and is extremely hostile towards us and Thailand.

may be extremely hostile towards just only BD... :D not for Thailand.. Thailand is Myanmar biggest trade partner after China and 3rd largest investor of Myanmar.. LOL
 
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You always get what you pay for. No such thing as game changing asymmetry on the cheap. I work in the defense realm somewhat....I know how glossy some brochures can appear initally and then what they turn out to be in reality when the system matures.

Theres a reason why I said "Maybe after 2025"

may be extremely hostile towards just only BD... :D not for Thailand.. Thailand is Myanmar biggest trade partner after China and 3rd largest investor of Myanmar.. LOL

Weren't you guys were in a serious feud with them?

then show me pic .. bruh.. :D this toys..?
images-jpg.333645

Show me pic of your JF-17,Yak-130 and CH-3...
 
As long as Bangladesh remains politically stable and keeps out religious fanaticism, Those goals would be achieved.. Best of luck, It is very much a possibility
 
As long as Bangladesh remains politically stable and keeps out religious fanaticism, Those goals would be achieved.. Best of luck, It is very much a possibility
Thank you my friend.I would also like to see Sri Lanka as the next Singapore.You have all the potential to become another Singapore.Unfortunately 25 years war hampered that prospect in the past.But with peace now,There is no looking back.:cheers:
 
Why are you calling us out, little Bongo? It would be a gigantic shame if you didn't get into the top 30. You are the 7th most populous country in the world. Bigger or soon to be bigger than Japan or Russia yet no one's heard of you. You even have to call your restaurants 'Indian' restaurants.

What does this news even mean? Looking at the countries you will be going ahead of, by getting into the top 30, you will be jumping ahead of the likes of Finland, Denmark, Hong Kong, Norway, Ireland and a few other mature, high consumption economies. Is that really something to be proud of? 200million odd little people put together will create more than a few million Scandanavians by 2030. I suppose we all have to start somewhere eh?

FYI as for Myanmar, out growth rate exceeds yours by a couple of percentage points and that is with financial sanctions from the US. We also have a slight edge in per-capita GDP which becomes a significant edge when it's adjusted for PPP. So as you can see, you actually trail us and over time our total economy will exceed yours even though you have over 3 times the population. And even then we will not be proud because that is nothing to be proud of.
Let's see how long FDI is going to keep Myanmar economy afloat.Just look at your country's local market capabilities compared to Bangladesh.
 
Myanmar got 2.8 billion out of nominal GDP of 65 billion in 2015. Thats like 4% of their GDP and their overall investment rate is 24% of GDP.

http://unctad.org/sections/dite_dir/docs/wir2016/wir16_fs_mm_en.pdf

http://www.imf.org/external/pubs/ft...t=country&ds=.&br=1&c=518&s=NID_NGDP&grp=0&a=

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

So basically 20/24 % of their investment is domestic....i.e 83%.

Can anyone explain to me how that makes Myanmar overly dependent on FDI and the only thing keeping them afloat?
 
Thank you my friend.I would also like to see Sri Lanka as the next Singapore.You have all the potential to become another Singapore.Unfortunately 25 years war hampered that prospect in the past.But with peace now,There is no looking back.:cheers:

A strong leadership is a must in the case of Sri Lanka, Which seems to be lacking at the moment.. So some of those targets will be longer than anticipated.. When i say strong leadership i don't mean nepotistic corrupt dictator like they had during the Rajapaksa era but some statesman like Lee Kwan Yew the former Singaporean president
 
A strong leadership is a must in the case of Sri Lanka, Which seems to be lacking at the moment.. So some of those targets will be longer than anticipated.. When i say strong leadership i don't mean nepotistic corrupt dictator like they had during the Rajapaksa era but some statesman like Lee Kwan Yew the former Singaporean president

Are there any politicians in SL that you know that can fit a LKY category?
 
A strong leadership is a must in the case of Sri Lanka, Which seems to be lacking at the moment.. So some of those targets will be longer than anticipated.. When i say strong leadership i don't mean nepotistic corrupt dictator like they had during the Rajapaksa era but some statesman like Lee Kwan Yew the former Singaporean president
This is a common problem in South Asia,still I think,Sri lankan politician are better in this regard to say Bangladesh.Hope with peace and stability,a strong qualified leadership will emerge in your country.:-)
 
As long as Bangladesh remains politically stable and keeps out religious fanaticism, Those goals would be achieved.. Best of luck, It is very much a possibility


Bangladesh is doing that,and always will.Thank you.

Myanmar got 2.8 billion out of nominal GDP of 65 billion in 2015. Thats like 4% of their GDP and their overall investment rate is 24% of GDP.

http://unctad.org/sections/dite_dir/docs/wir2016/wir16_fs_mm_en.pdf

http://www.imf.org/external/pubs/ft...t=country&ds=.&br=1&c=518&s=NID_NGDP&grp=0&a=

https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

So basically 20/24 % of their investment is domestic....i.e 83%.

Can anyone explain to me how that makes Myanmar overly dependent on FDI and the only thing keeping them afloat?


No dicussions over Myanmar in Bangladeshi threads,please kindly post these on the appropiate threads,thank you.
 

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