BD’s economy; apparent, noticed and unnoticed.

[CaPtAiN_pLaNeT]

Bangladesh will cross Pakistan by next year when the GDP base year will be upgraded and will probably almost catch up with India.

But in non economic HDI Bangladesh is way ahead then Pakistan and same level as of India.

Bangladesh:

Nonincome HDI value 0.566

Pakistan:

Nonincome HDI value 0.526

India:

Nonincome HDI value 0.568

 

[Skies]

Please keep all of your cooked up data to yourself. From 1975-2011 BD had an average GDP growth rate of 4.39%. From 1980s it always had higher GDP growth on average then Pakistan.

From 1961-1969 E.Pak had only average growth rate of 3.88%.

Show your calculation and each year data and source, otherwise, you are wrong.

I am right and used authentic data (worldbank) for each year and showed calculation. Moreover, I showed the graph with data table. I can not be wrong if any myth is busted.



Look at the graph again, if you can not proof that I cooked any data here you have no credibility!

GDP Year
274.7989254 1975
139.9391335 1976
130.316924 1977
174.8389393 1978
198.9458399 1979
224.6793774 1980
238.4421272 1981
212.397434 1982
196.1563882 1983
218.974773 1984
234.2044658 1985
223.1492015 1986
244.0888662 1987
256.2278074 1988
261.2467403 1989
286.2427691 1990
287.2580878 1991
287.672525 1992
294.4329053 1993
293.4899228 1994
322.9273746 1995
339.0849875 1996
345.8254406 1997
353.2898259 1998
359.1882207 1999
363.6399273 2000
356.1180112 2001
354.3039819 2002
380.2787218 2003
407.9878558 2004
428.7534812 2005
434.8408455 2006
475.2496513 2007
546.846854 2008
607.7649413 2009
674.9316307 2010
734.9952538 2011

 

[CaPtAiN_pLaNeT]

1. What were the per capita income in West Pakistan and East Pakistan in 1970? I do not see any data on Per capita Income/GNI before 1973 for BD and PK anywhere!

2. Bangladesh's Average Growth Rate for GDP per capita:

1961-1969 (Pakistan period, 8 years) = 4.06%
1975-2011 (Bangladesh, last 36 years) = 2.73%

I think more light should shade why we have only 2.73% average growth rate after independence (GDP per capita) in last 36 years? Based on the available data that from 1961-1969 (before 71 war, Ayub Khan's reforms) we had more average growth rate which was 4.06%.

Again you are wrong and came to the level of Pakistani dalali but the real fact is that from 1961-1969 there were zigzag in the GDP growth rate of East Pakistan each year and in many cases it went below 0%. So it was no way a sign of economic reform.

As I said earlier from 1961-1969 E. Pakistan had only 3.88% GDP growth rate where W. Pakistan had growth rate way above 6%. Definitely it is a sign of economic discrimination.

From 1975-2011 Bangladesh had growth rate of 4.39% in the 37 years. Excluding 1975 which had 4.39% negative growth rate Bangladesh had a 4.63% GDP growth rate from 1976-2011 in the 36 years way above then the level of 1961-1969 despite the fact that 1971 war caused a slowdown in the growth rate.

http://www.google.ca/publicdata/explore?ds=d5bncppjof8f9_#!ctype=l&strail=false&bcs=d&nselm=h&met_y=ny_gdp_mktp_kd_zg&scale_y=lin&ind_y=false&rdim=region&idim=country:BGDAK&ifdim=region&hl=en_US&dl=en_US&ind=false

 

[CaPtAiN_pLaNeT]

Show your calculation and each year data and source, otherwise, you are wrong.

I am right and used authentic data (worldbank) for each year and showed calculation. Moreover, I showed the graph with data table. I can not be wrong if any myth is busted.



Look at the graph again, if you can not proof that I cooked any data here you have no credibility!

GDP Year
274.7989254 1975
139.9391335 1976
130.316924 1977
174.8389393 1978
198.9458399 1979
224.6793774 1980
238.4421272 1981
212.397434 1982
196.1563882 1983
218.974773 1984
234.2044658 1985
223.1492015 1986
244.0888662 1987
256.2278074 1988
261.2467403 1989
286.2427691 1990
287.2580878 1991
287.672525 1992
294.4329053 1993
293.4899228 1994
322.9273746 1995
339.0849875 1996
345.8254406 1997
353.2898259 1998
359.1882207 1999
363.6399273 2000
356.1180112 2001
354.3039819 2002
380.2787218 2003
407.9878558 2004
428.7534812 2005
434.8408455 2006
475.2496513 2007
546.846854 2008
607.7649413 2009
674.9316307 2010
734.9952538 2011

Yes I have checked data with google data explorer for world bank.

You have just counted data based on USD value but real growth rate is measured based on BDT. BDT was depreciated over the year and it has been done too much by BD Government thats why it is showing less value in terms of USD.

Not only that real GDP of Bangladesh is hugely underestimated it has been also pointed out by IMF.

http://www.imf.org/external/pubs/ft/scr/2010/cr1056.pdf

11 The estimated overvaluation of the taka may be exaggerated to the extent that per capita GDP is underestimated. Bangladesh’s national accounts are based on an outdated base year (1995/96) and structural changes that have taken place since then are not adequately reflected in GDP estimates. The national accounts base year was last updated in April 2000, from 1984/85 to 1995/96. At that time, the level of GDP was revised
upward by about 30 percent. Higher per capita GDP would cause a shift to the right and move Bangladesh closer to the regression line, implying a smaller overvaluation or even some undervaluation of the taka.


Even in 2008 USD-BDT conversion rate was around 60 Taka but now it is 83 taka. So just appreciating the Taka to the 2008 level will cause GDP of Bangladesh to rise by more then 25%.

Check GDP growth rate not GDP by USD for your calculation.

 

[Skies]

]Again you are wrong and came to the level of Pakistani dalali [/B]but the real fact is that from 1961-1969 there were zigzag in the GDP growth rate of East Pakistan each year and in many cases it went below 0%. So it was no way a sign of economic reform.

As I said earlier from 1961-1969 E. Pakistan had only 3.88% GDP growth rate where W. Pakistan had growth rate way above 6%. Definitely it is a sign of economic discrimination.

From 1975-2011 Bangladesh had growth rate of 4.39% in the 37 years. Excluding 1975 which had 4.39% negative growth rate Bangladesh had a 4.63% GDP growth rate from 1976-2011 in the 36 years way above then the level of 1961-1969 despite the fact that 1971 war caused a slowdown in the growth rate.

World Development Indicators and Global Development Finance - Google Public Data Explorer

I am razakar, and you are Awami stooge, as pointed by @idune bro, you will come with personal attack, now talk to the points only.

0! zigzag! hell, those are fluctuations of GDP growth rate (GDP based on inflated BD taka), not the average growth rate value of GDP per capita. The point I argued is taking the Average value of GDP per capita, not fluctuation, there is always fluctuations year to year, so I took average value of a certain time frame.

I skipped the 1970 - 1975, as that were unstable situation. now do not tell about the effect of war after 1975. In long run it gets weak, also PK had cost on running the war.

If there is anything wrong, then the data of World Bank is wrong!!!!

Show your aall data in each year and calculation.

 

[UKBengali]

@ Eorl: I know that you mean well but you are just plain wrong.

For starters, I think the GDP numbers for 1961-1969 are actually GDP and not GDP/capita.
The GDP/capita would not have been high in those days as the population would have been growing at least twice as quick as now.

Independent BD did suffer in the 1970s due to the war but the recovery started in the 1980s and is accelerating as every decade passes.

The old Pakistan was a monumental catastrophe for BD economically.

Over 5% gdp/capita growth by an independent BD these days was never ever reached by Pakistan even though they had huge monetary transfers from BD in the 1950s and 1960s and aid from the US in the 1980s.

 

[Skies]

@ Eorl: I know that you mean well but you are just plain wrong.

For starters, I think the GDP numbers for 1961-1969 are actually GDP and not GDP/capita.
The GDP/capita would not have been high in those days as the population would have been growing at least twice as quick as now.

Independent BD did suffer in the 1970s due to the war but the recovery started in the 1980s and is accelerating as every decade passes.

The old Pakistan was a monumental catastrophe for BD economically.

Over 5% gdp/capita growth by an independent BD these days was never ever reached by Pakistan even though they had huge monetary transfers from BD in the 1950s and 1960s and aid from the US in the 1980s.

those ARE definitely GDP per capita, go and check sheet 2 and then sheet 1, do not say "I think here"

http://api.worldbank.org/datafiles/NY.GDP.PCAP.CD_Indicator_MetaData_en_EXCEL.xls

Due to war, I skipped few years, also it does not matter in long run up to 2011.

No data is available on 50s and 60s. Also there was positive reform after 60s.

I know you guys will try to defend, but I made concrete points.

 

[Skies]

Yes I have checked data with google data explorer for world bank.

You have just counted data based on USD value but real growth rate is measured based on BDT. BDT was depreciated over the year and it has been done too much by BD Government thats why it is showing less value in terms of USD.

Not only that real GDP of Bangladesh is hugely underestimated it has been also pointed out by IMF.

http://www.imf.org/external/pubs/ft/scr/2010/cr1056.pdf

11 The estimated overvaluation of the taka may be exaggerated to the extent that per capita GDP is underestimated. Bangladesh’s national accounts are based on an outdated base year (1995/96) and structural changes that have taken place since then are not adequately reflected in GDP estimates. The national accounts base year was last updated in April 2000, from 1984/85 to 1995/96. At that time, the level of GDP was revised
upward by about 30 percent. Higher per capita GDP would cause a shift to the right and move Bangladesh closer to the regression line, implying a smaller overvaluation or even some undervaluation of the taka.


Even in 2008 USD-BDT conversion rate was around 60 Taka but now it is 83 taka. So just appreciating the Taka to the 2008 level will cause GDP of Bangladesh to rise by more then 25%.

Check GDP growth rate not GDP by USD for your calculation.

Depreciation effect also presents in case of India and Pakistan too. I measured three country on same scale. It should be no problem if I use USD value. If your government publish more money and can not balance the supply and demand in the market, then it's BD's problem and therefore, inflation and depreciation happen. Therfore, the world gives emphasis on measuring on USD value.



Ok, come after correcting your economy base, still than I am correct, do not think that no base correction is needed for other countries. For sake of your argument on base correction, I showed earlier that even we double our GDP/capita will not reach Middle Income country by 2021!!

 

[CaPtAiN_pLaNeT]

Depreciation effect also presents in case of India and Pakistan too. I measured three country on same scale. It should be no problem if I use USD value. If your government publish more money and can not balance the supply and demand in the market, then it's BD's problem and therefore, inflation and depreciation happen. Therfore, the world gives emphasis on measuring on USD value.



Ok, come after correcting your economy base, still than I am correct, do not think that no base correction is needed for other countries. For sake of your argument on base correction, I showed earlier that even we double our GDP/capita will not reach Middle Income country by 2021!!

1st of all even using USD Bd economy grew on average by 4.76% a year using current USD based on World Bank data.

1975 GDP was 19.39 Billion and in 2011 based on 1995 base year it was 111 billion usd though it will be much higher based on 2005 base year. Now do your math. In between 1976-1980 GDP went negative otherwise it would be much higher GDP growth.

Its quite logical considering the fact that in 1970s BD had on average 3% GDP growth rate, in 1980s 4% GDP growth rate, 1990s 5% GDP growth rate and in 2000s it was 6% growth rate.


Below is the GDP by year from 1975 to 2011:

1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011


19395903916 10083163547 9632469659 13299358553 15585961410 18114645161 19762945710 18087000000 17155798869 19670160944 21613230769 21160234384 23781404932 25638749373 26825240347 30128776344 30957444767 31708863730 33166530060 33768661427 37939752960 40666015641 42318798538 44091754148 45694072379 47124925462 46987842847 47571130071 51913661485 56560744012 60277560976 61901116736 68415421373 79554350678 89359767442 1.00357E+11 1.10612E+11

Please dnt spread misinformation here. I will debunk your earlier useless posts too on middle income country to education to poverty the data that you posted but kinda busy thats why have not done it so far.

If your government publish more money and can not balance the supply and demand in the market, then it's BD's problem and therefore, inflation and depreciation happen.

Are you really a Bangladeshi or Pakistani using Bangladeshi flags or stranded Bihari???

 

[Skies]

1st of all even using USD Bd economy grew on average by 4.76% a year using current USD based on World Bank data.

1975 GDP was 19.39 Billion and in 2011 based on 1995 base year it was 111 billion usd though it will be much higher based on 2005 base year. Now do your math. In between 1976-1980 GDP went negative otherwise it would be much higher GDP growth.

Its quite logical considering the fact that in 1970s BD had on average 3% GDP growth rate, in 1980s 4% GDP growth rate, 1990s 5% GDP growth rate and in 2000s it was 6% growth rate.


Below is the GDP by year from 1975 to 2011:

1975 1976 1977 1978 1979 1980 1981 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011


19395903916 10083163547 9632469659 13299358553 15585961410 18114645161 19762945710 18087000000 17155798869 19670160944 21613230769 21160234384 23781404932 25638749373 26825240347 30128776344 30957444767 31708863730 33166530060 33768661427 37939752960 40666015641 42318798538 44091754148 45694072379 47124925462 46987842847 47571130071 51913661485 56560744012 60277560976 61901116736 68415421373 79554350678 89359767442 1.00357E+11 1.10612E+11

Please dnt spread misinformation here. I will debunk your earlier useless posts too on middle income country to education to poverty the data that you posted but kinda busy thats why have not done it so far.



Are you really a Bangladeshi or Pakistani using Bangladeshi flags or stranded Bihari???

Sorry for the BAD NEWS! Now the calculated results again going worse against the exaggerated discrimination claim!

Bangladesh's Average Growth Rate for GDP (USD):

1961-1969 (Pakistan period, 8 years) = 7.05%

Calculation:

Equation: LN (End Year/First year)*(1/Number of years)*100

Here:

End year GDP in 1969 = 8471006091.86674
First year GDP in 1961 = 4817580181.8999
Number of years = 1961-1969 = 8
Result = 7.05%

1975-2011 (Bangladesh, last 36 years) = 4.83%

Calculation:

Equation: LN (End Year/First year)*(1/Number of years)*100

Here:

End year GDP in 1975 = 110612124359.719
First year GDP in 2011 = 19395903915.6142
Number of years = 1975-2011 = 36
Result = 4.83%

Bangladesh's Average Growth Rate for GDP per capita (USD):

1961-1969 (Pakistan period, 8 years) = 4.06%

Calculation:

Equation: LN (End Year/First year)*(1/Number of years)*100

Here:

End year GDP per capita in 1969 = 129.37
First year GDP per capita in 1961 = 93.48
Number of years = 1961-1969 = 8
Result = 4.06%

1975-2011 (Bangladesh, last 36 years) = 2.73%

Calculation:

Equation: LN (End Year/First year)*(1/Number of years)*100

Here:

End year GDP per capita in 2011 = 734.99
First year GDP per capita in 1975 = 274.79
Number of years = 1975-2011 = 36
Result = 2.73%

No matter if between 1976-1980 GDP went negative (4 years in 36 years), You get C, A, B, C, A grades in each semester, but in the end of a certain time frame, the end result is B.

So the discrimination in economy history looks clearly exaggerated, rethink is needed.

No I am pure Bangladeshi origin but different and anti AL!

 

[CaPtAiN_pLaNeT]

Sorry for the BAD NEWS! Now the calculated results again going worse against the exaggerated discrimination claim!

Bangladesh's Average Growth Rate for GDP (USD):

1961-1969 (Pakistan period, 8 years) = 7.05%



1975-2011 (Bangladesh, last 36 years) = 4.83%





Bangladesh's Average Growth Rate for GDP per capita (USD):

1961-1969 (Pakistan period, 8 years) = 4.06%



1975-2011 (Bangladesh, last 36 years) = 2.73%




No matter if between 1976-1980 GDP went negative (4 years in 36 years), You get C, A, B, C, A grades in each semester, but in the end of a certain time frame, the end result is B.

So the discrimination in economy history looks clearly exaggerated, rethink is needed.

No I am pure Bangladeshi origin but different and anti AL!

Again you came up with some irrelevant and falsified info to cover your Pakistani dalali. Falsified it is because 1st of all no one compare an pre and post war economy and 2nd of all using 1975 as the reference as that is not an usual year in terms of economy as that had no parity with any of it's earlier or later years.

If you really need to do any comparison it should be done from 1974 or 1976 or any year later.

From 1975 to 1976 economy of Bangladesh reduced by half and from 1974 to 1975 it suddenly increased to double. So 1975 is left out.

From 1976 Bangladesh has achieved 7% GDP growth an year on average and in terms of GDP growth it enjoyed 4.85% per capita GDP growth in the last 35 years from 1976 to 2011 which is far higher then 1961-1969.

The data that you posted in 1976 Bangladesh had a per capita GDP of 140 USD and in 2011 it was 734.

Same way in 1976 GDP was 10 billion USD and in 2011 it was 111 Billion.

35 years enough to show economic prosperity of a nation.

Bangladesh has out performed Pakistan in each and every dimension. Within the next couple of years Bangladesh will cross Pakistan in terms of per capita GDP also. Already it has crossed Pakistan in all social indicator.

Under Pakistan control it would never be possible. All these social changes and economic development will be widely noticed within a decade wrt to Pakistan.

You brought education also in some other earlier posts...

Here is the education related info of the two country...

Bangladesh:

Higher education enrollment: 20 lakh
Education Budget: 22,145 crore taka or 2.7 Billion USD (2012)
Bangladesh Sangbad Sangstha (BSS)


Pakistan:
Higher education enrollment: 948268
Higher Education Commission
Education Budget: RS. 40 Billion or 470 million USD (2011)
Health sector ‘criminally ignored’ | DAWN.COM[/QUOTE]


Number of Bangladeshi students pursuing Ph.D. education increasing exponentially where as you will hardly find Pakisatni students pursuing research based higher degree.

Have you also noticed education budget is less then 5 times of Pakistan then that of Bangladesh??

The chart shows how astonishing development Bangladesh has achieved in the last 2 decades.... Under Pakistan it would never be achieved for granted...

So the discrimination in economy history looks clearly exaggerated, rethink is needed.

What do you think people of Bangladesh eats Banana or you are trying to re writing history when even Pakistanis even acknowledges that there were wide discrimination towards the east Pakistanis.

West Pakistanis hugely discriminated east Pakistan by taking away from east Pakistan to West Pakistan, spending more then 2/3 of the budget on west Pakistan despite it had less population, did not do much development of East Pakistan, by not giving promotions to the people of Bengali origin, by spending 80% or more defense budget on West Pakisatn.

If you require more history lesson this is from Pakistani news channel Zeo TV

The above video will teach you how discrimination was done.

Lastly I just checked in between 1960-1970 west Pakistan achieved around 11% GDP growth a year which is also showing due to discrimination East Pakistan despite low base achieved less GDP growth.

 

[Skies]

Keep your pathological lying going, but no avail, other people will read this thread from first to last and decide who is right, they just need to calculate and verify the data given by me. I skipped the War period to make my claim strong. My selected time frame are just fine and logical.

I have no wish to argue with a lier whose credibility is in jeopardy!

 

[CaPtAiN_pLaNeT]

Keep your pathological lying going, but no avail, other people will read this thread from first to last and decide who is right, they just need to calculate and verify the data given by me. I skipped the War period to make my claim strong. My selected time frame are just fine and logical.

I have no wish to argue with a lier whose credibility is in jeopardy!

lie???

Prove it for the following statement that I pointed out in the last post!!!

From 1976 Bangladesh has achieved 7% GDP growth an year on average and in terms of GDP growth it enjoyed 4.85% per capita GDP growth in the last 35 years from 1976 to 2011 which is far higher then 1961-1969.


And also show me which are the other part is also lie that I posted in the above post and also the comparison with Pakistan in terms of education to social indicator...

If you cant then stop bringing irrelevant stuff in the discussion.

 

[Hammer-fist]

Captain Planet, you can never win against razakars and traitors.

Things such as "facts" and "reality" don't matter to them.

They are still angry that they lost the 1971 war but still do everything in their power to make Bangladesh look bad and Pakistan great, (a state with 2 insurgencies, mini-civil war in its biggest city, continuous bombing by a foreign power).

All Bangladeshis can ever do against Bangladesh-hating razakars is to work hard and make our country more successful.

 

[Skies]

Captain Planet, you can never win against razakars and traitors.

Things such as "facts" and "reality" don't matter to them.

They are still angry that they lost the 1971 war but still do everything in their power to make Bangladesh look bad and Pakistan great, (a state with 2 insurgencies, mini-civil war in its biggest city, continuous bombing by a foreign power).

All Bangladeshis can ever do against Bangladesh-hating razakars is to work hard and make our country more successful.

You are calling me Traitor for my observation that I was not aware of even before 2 days ago. What is the problem with the reality check up!?

Man, he puts us in shame when he says BD is land of Gold. And the people from other countries here laugh at us. The fact is India and Nepal has less percent of population than BD (if you go through this thread) who live on the income less than 1.25 daller each day. He says, Our cities and roads are beautiful, but in reality cities and roads give us feeling of nausea, disturbed. I just do not exaggerate, neither deny completely, and spew venom of hatred.

Fact and reality matter, but if you consider the whole situation, not the partial that suits your purpose. We only point the destructions of war, not the causes of war from both side.


@ Captain

From 1976 Bangladesh has achieved 7% GDP growth an year on average and in terms of GDP growth it enjoyed 4.85% per capita GDP growth in the last 35 years from 1976 to 2011 which is far higher then 1961-1969.

Bangladesh's Average Growth Rate for GDP (USD):

1961-1969 (Pakistan period, 8 years) = 7.05%

1975-2011 (Bangladesh, last 36 years) = 4.83%

There is nothing wrong in these two calculations.

U are asking me to reduce the time frame of calculation who thinks we still are affected by the war of 40 years ago.

Ok I leaving up my claim up to the people's discretion. If they don't like, they will not buy me, but my points are solid and I believe so.