Bangladesh : The Asian Tiger Myth vs Reality

[Bengal71]

Ha ha

Yeah the hateful types for sure...

How much is GDP going to be in 2019? About 300 billion? Then in 10 years 2019, it should be around 600 billion at 7% growth rate.

 

[Bilal9]

Look at me, look at me, look at me, why you not looking at me ........ I am better than you, look, O look ...... you arrogant, rude, why you not looking at me, not nice, I am going to curse you 71 times ...... meow meow meow meow meow meow meow and and some 64 more meows .......

Still no looking at me, I am better......... I am better

@BDforever I believe we have another cat or cat-lover, not really sure.....

BTW do cats like Burnol?

How much is GDP going to be in 2019? About 300 billion? Then in 10 years 2019, it should be around 600 billion at 7% growth rate.

Kemney komu re vai, Khuda janey.....600 Billion is a plausible number though...

 

[I.R.A]

@BDforever I believe we have another cat or cat-lover, not really sure.....

I don't hate cats but I don't like them either.

 

[Homo Sapiens]

Overall Female labor force participation for females in Pakistan is 26.066% and for BD it is 34.755%...not a huge difference looking into in the context of big numbers of women in RMG industry in B'desh...


Labor force participation rate, female (% of female population ages 15-64) (modeled ILO estimate)


https://data.worldbank.org/indicator/SL.TLF.ACTI.FE.ZS?locations=PK

Where did get this 26.066% and 34.755% number?

Your provided link of World Bank data for 2018 showing-

Pakistan-25.194%
Bangladesh-38.105%

So female labor force participation in Bangladesh is fully 51% higher than Pakistan. This means, female labor is only 1/4th of total labor forces in Pakistan but in Bangladesh it is almost 4 in 10.( 5 in 10 is gender parity). Noway this gap can be called minimal.

 

[Homo Sapiens]

Look at me, look at me, look at me, why you not looking at me ........ I am better than you, look, O look ...... you arrogant, rude, why you not looking at me, not nice, I am going to curse you 71 times ...... meow meow meow meow meow meow meow and and some 64 more meows .......

Still no looking at me, I am better......... I am better

So, we can not posts our economic development or any other positive news about Bangladesh here? I have never seen any Bangladeshi poster here posted any positive news about Bangladesh and then tagged any Pakistani member to see that. You hoards come here in your own volition in Bangladesh related thread and start abusing and ridiculing Bangladesh. If any Bangladeshi respond that, then you guys start calling Bangladeshi posters obsessing over Pakistan or attention seeker. This is a common tactic here. Even this thread was posted by a Pakistani to take a cheap shot on Bangladesh. I have never seen any Bangladeshi poster opened a thread about the economic or other problems of Pakistan. Either here or in Pakistan related sections. We do not even visit Pakistan related thread to comment. So, tell me how we became attention seeker? If you come here uninvited and start talking trash about Bangladesh, you will get reply and will be shown the realities in Pakistan. Isn't it simple?

 

[UKBengali]

So, we can not posts our economic development or any other positive news about Bangladesh here? I have never seen any Bangladeshi poster here posted any positive news about Bangladesh and then tagged any Pakistani member to see that. You hoards come here in your own volition in Bangladesh related thread and start abusing and ridiculing Bangladesh. If any Bangladeshi respond that, then you guys start calling Bangladeshi posters obsessing over Pakistan or attention seeker. This is a common tactic here. Even this thread was posted by a Pakistani to take a cheap shot on Bangladesh. I have never seen any Bangladeshi poster opened a thread about the economic or other problems of Pakistan. Either here or in Pakistan related sections. We do not even visit Pakistan related thread to comment. So, tell me how we became attention seeker? If you come here uninvited and start talking trash about Bangladesh, you will get reply and will be shown the realities in Pakistan. Isn't it simple?

They got dumped by BD in 1971 and then comforted themselves by saying that BD was a burden, and now BD overtaking them in first per capita and nominal has driven them insane

Sweetest thing is that BD will surpass them in per capita PPP by 2021 it seems.

 

[Bengal71]

Gender Gap in Pakistan is not narrowing but growing....I guess majority Pakistani folks think it is par for the course....
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Gender gap index puts Pakistan in second-last place
Mubarak Zeb KhanUpdated October 26, 2016
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ISLAMABAD: Pakistan has been ranked the second-worst country in the world for gender inequality for the second consecutive year.

According to the World Economic Forum’s (WEF) Global Gender Gap Report 2016, released on Tuesday, Pakistan ranks 143 out of 144 countries in the gender inequality index, way behind Bangladesh and India which rank 72nd and 87th respectively.

Pakistan is also the worst performing state in South Asia and has been for the last couple of years, while Sri Lanka ranks 100th, Nepal 110th, the Maldives 115th and Bhutan 121st.

Declared worst-performing country in South Asia; only Yemen is ranked lower
The only country ranked below Pakistan is Yemen (144), while Syria is one place ahead at 142.

ARTICLE CONTINUES AFTER AD

Pakistan ranked 112th in 2006, the first year of the report. Since then, its position has been deteriorating every year. Pakistan ranked 135th in 2013, 141st in 2014 and 143rd in 2015.

The report captures progress towards parity between men and women in four areas: educational attainment, health and survival, economic opportunity and political empowerment.

In its latest edition, the report finds that progress towards parity in the economic pillar has slowed dramatically with the gap — which stands at 59pc — now larger than at any point since 2008.

Iceland took the top spot for the 8th consecutive year, followed by Finland in second and Norway in third place. Several developing and emerging markets have also made it into the top 20, but the United States ranks 45.

Amir Jahangir, CEO of Mishal Pakistan — the partner institute of the WEF’s Global Competitiveness and Benchmarking Network — told Dawn Pakistan was one of the few countries in the world that did not have woman as a federal minister; only two state ministers at the centre are women.

He further said the provinces of Punjab, Sindh and Khyber Pakhtunkhwa, each also had only one woman minister in their cabinet, while Balochistan has no women in the cabinet.

The report notes that while Pakistan is making progress on closing the secondary education enrolment gender gap, and on women’s estimated earned income, but this is partly offset by reversals on wage equality and female-to-male literacy ratio.

Pakistan’s scores on the four pillars have not improved much from past years; its ranking in the Economic Participation and Opportunity and Education Attainment indexes have not changed since 2015.

On the Health and Survival pillar, Pakistan has moved up one rank from 125 last year to 124 this year. However, on Political Empowerment, Pakistan has been ranked 90th as compared to 87th the previous year.

In South Asia, Bangladesh and India are the top-ranked countries, having closed just under 70pc and 68pc of their overall gender gap, respectively, while the lowest-ranked countries are Bhutan and Pakistan, having closed 64pc and 56pc of their overall gender gap, respectively.

No country in the region has fully closed its Educational Attainment gender gap, and only one country, Sri Lanka, has fully closed its Health and Survival gender gap. However, the region is also home to one of the top five climbers over the past decade on the overall Index and on Educational Attainment: Nepal.

Published in Dawn, October 26th, 2016

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In the past thirty years, Bangladesh has undergone profound PERMANENT social changes, many of which have impacted gender inequality.

• Fertility rates have been halved,
• Infant mortality has improved compared to South Asian neighbors (in fact most of SE Asia)
• Gender gap in primary and secondary schooling, has been narrowed or closed altogether,
• The availability of micro-credit has boosted the solidarity of women as well as their earning potential, and
• Large numbers of young women are leaving their villages to work in garment factories.

These facts are on stark contrast to Bangladesh' neighbors, as well as those of HDI indicators.

But but but, Dawn is a traitor newspaper? "Anybody that contradicts the traditional narrative and take on a intellectual outlook is a traitor", you forgot that rule?

 

[SBUS-CXK]

well i didn't say china care about bd... china cares about china and that's one reason it;s on top of the world now
but china has interests in bd and the same thing scares one of your neighboring rivals india...

you surely can't deny that

You have a lot of imagination. But promise me... Read more books later. OK?

 

[Bengal71]

Bangladesh have found a good balance between modernity and Islamic tradition. It is something the Pakistani poster might not admit but you have to give credit to BD, they have progressed.

They also managed to control the birth rate very impressively, even better than India and Pakistan.

On the economic front while some maybe too optimistic, it definitely has potential to become more like a Malaysia in 10 years. All BD needs is some natural resource find.

Nah, don't want natural resource. Don't want to find big oil or gas reserve. Some won't believe me but that' exactly what I want for BD. We do not want to be like the gulf arabs, very wealthy by selling oil or gas. We want to be like Korea, Taiwan, Japan; very little natural resources, our only resources will be our two hands, the brain and a bit of a blessing from the Lord.

@BDforever I believe we have another cat or cat-lover, not really sure.....

BTW do cats like Burnol?



Kemney komu re vai, Khuda janey.....600 Billion is a plausible number though...

But people are talking about 1 trillion by 2030? It's only 11 years away, I don't see how it is possible to go from 300 billion to 1000 billion in 11 years.

 

[UKBengali]

Nah, don't want natural resource. Don't want to find big oil or gas reserve. Some won't believe me but that' exactly what I want for BD. We do not want to be like the gulf arabs, very wealthy by selling oil or gas. We want to be like Korea, Taiwan, Japan; very little natural resources, our only resources will be our two hands, the brain and a bit of a blessing from the Lord.



But people are talking about 1 trillion by 2030? It's only 11 years away, I don't see how it is possible to go from 300 billion to 1000 billion in 11 years.

Depends on the level of natural resource. I would say around 10 billion barrels of oil and 100 trillion cubic feet of gas for BD would be just right. This would be enough to supply BD for maybe 50 years or more. No need to have so much oil and gas that the country can live off them just by exporting and earning 10s of billions in revenue every year.

1 trillion US dollars by 2030 is possible. In 2019 the BD economy is roughly 320 billion US dollars and with 9% growth this goes up to 825 billion in today's money. In 2030 money it will go up to 1.4 trillion dollars(assuming 5% average inflation). Even if the growth is much lower at 7%, it will still pass 1 trillion US dollars in 2030 money.

 

[Bengal71]

Depends on the level of natural resource. I would say around 10 billion barrels of oil and 100 trillion cubic feet of gas for BD would be just right. This would be enough to supply BD for maybe 50 years or more. No need to have so much oil and gas that the country can live off them just by exporting and earning 10s of billions in revenue every year.

1 trillion US dollars by 2030 is possible. In 2019 the BD economy is roughly 320 billion US dollars and with 9% growth this goes up to 825 billion in today's money. In 2030 money it will go up to 1.4 trillion dollars(assuming 5% average inflation). Even if the growth is much lower at 7%, it will still pass 1 trillion US dollars in 2030 money.

I honestly don't want to see much natural resources that is valuable in the market to sell and make money. I want to see an educated, industrialized and enlightened country similar to Japan, South Korea. Those countries are my roll models. It's a very long and hard way to reach to that level but inshallah we can do it if we work hard.

9% growth for 11 continuous years is highly difficult.

 

[UKBengali]

I honestly don't want to see much natural resources that is valuable in the market to sell and make money. I want to see an educated, industrialized and enlightened country similar to Japan, South Korea. Those countries are my roll models. It's a very long and hard way to reach to that level but inshallah we can do it if we work hard.

9% growth for 11 continuous years is highly difficult.

BD in the past has resisted US/Indian pressure to sell gas to India and I see no reason that it will do so if the amounts I suggested were discovered. Simply BD would have enough just for it's own consumption and this could save around 10 billion dollars a year in forex revenue - it is the "Goldilocks scenario".

BD could hit 9% growth next year as the economy will grow above 8% this year. Remember the infrastructure bottleneck to BD growth is being sorted as we speak and this will add 1-2% a year to BD growth just by itself.
I have predicted 8-9% average growth till 2030 for years now and 9% is the upper end of my estimate.

 

[Bengal71]

BD in the past has resisted US/Indian pressure to sell gas to India and I see no reason that it will do so if the amounts I suggested were discovered. Simply BD would have enough just for it's own consumption and this could save around 10 billion dollars a year in forex revenue - it is the "Goldilocks scenario".

BD could hit 9% growth next year as the economy will grow above 8% this year. Remember the infrastructure bottleneck to BD growth is being sorted as we speak and this will add 1-2% a year to BD growth just by itself.
I have predicted 8-9% average growth till 2030 for years now and 9% is the upper end of my estimate.

Well I don't know if 9%continuously for 11 years is possible. If it is then good, I will be the happiest man. We need to diversify our industries and exports and it's not happening at a good rate, that's the worry. In a homogeneous small country like BD where people are hungry for money and willing to work hard, it is possible to achieve even 13-14% like China in the past if competent people were managing things properly and corruption could be reduced significantly.

 

[UKBengali]

Well I don't know if 9%continuously for 11 years is possible. If it is then good, I will be the happiest man. We need to diversify our industries and exports and it's not happening at a good rate, that's the worry. In a homogeneous small country like BD where people are hungry for money and willing to work hard, it is possible to achieve even 13-14% like China in the past if competent people were managing things properly and corruption could be reduced significantly.

BD has started the process of diversification

Garments can power the economy till 2030 - remember BD is only just crossed LDC threshold.

Other industries like IT, Pharma, electronics and shipbuilding have 10-11 years to turn into multi-billion dollar export earners. It will take time and with the 100 SEZs and the huge amounts of interest from overseas with FDI, I am confident that that economy will power ahead at 8-9% sustained for decades to come.

 

[SBUS-CXK]

Sure enough. China is a more modest country...