Burma and North East India theater

[Henry]

LOL.

Rather than worry about bombing BD, why do you not ask yourself how BD has life expectancy of 69 years and your India has only 66 years.

An Indian is 3 Times Richer than Bangladeshi and a Myanmarese Twice.

Maybe too much money on guns and not enough being spent on rice/chapati?

Pathetic to see a country that has sub-saharan levels of poverty in some of it's states talk about bombing another country.

We Spend 13 Times More Infrastructure Per Capita than Bangladesh.

Indian Infrastructure Spending - $200 Billion Population: 1.2 Billion = $167 Per Capita
Bangladesh Infrastructure Spending - $2 Billion Population: 160 Million = $12.5 Per Capita

Worry about When you will reach Today's India's Standards.

Oh and btw, I am quite convinced by 2030 BD will have a conventonal military that even India
will think twice of messing with. And as for Myanwar, BD will be able to dominate that country
by then on land,sea and air. So carry on with your wet dreams.

Reach our 1971 Standards in Techniques and Strategies in 2030, I will Place Bangladesh > (India+Myanmar).

 

[LaBong]

My point is you are an idiot and you don't know what you are talking about. Just to satisfy yourself, please go ask an expert if you can. That poorly written article from the "Daily Sun" has you confused about what GDP is all about. The IMF does not overlook things and when measuring nominal GDP, it doesn't matter what the GDP base year is. However, like I said again and again, because no one can measure every transaction in an economy, they use a bunch of representative industries to calculate data. This is the source of your confusion. If there is oversight, it is unrelated to the base year. The base year is to measure the price level i.e. constant price and not current price and also the exchange rate (if you're going to express everything in US $). Anyway, please go do your own reading. If I may recommend one of my old text books, Ben Bernanke's "Macroeconomics" is a good one.



Ghorial? I hope this isn't a racist remark, Mr. Bangladeshi. P.S. My country is a unmitigated **** hole with a pathetic GDP. Yet Bangladesh's is lower by IMF estimations. Why should I be nervous?

Yeah the whole bangladeshi definition of base year of gdp is mind boggling to say the least!

 

[Bhairava]

Oh man... you boys are clueless.

Clueless is the middle name of internet bangladeshis here.

 

[UKBengali]

An Indian is 3 Times Richer than Bangladeshi and a Myanmarese Twice.
)

You don't know what you are talking about.

If you want to compare living standards, it is PPP that is important. I have already proved that Bangladeshis are richer than Myanmarese.

Anyway what is the point of being 3 times "richer" if you die 3 years earlier?

We Spend 13 Times More Infrastructure Per Capita than Bangladesh


Indian Infrastructure Spending - $200 Billion Population: 1.2 Billion = $167 Per Capita
Bangladesh Infrastructure Spending - $2 Billion Population: 160 Million = $12.5 Per Capita

Worry about When you will reach Today's India's Standards. .)

Where did you pull those numbers from?

There is no way that BD only spends 1.5% of GDP on infrastructure and absolutely no way
that India spends 15% of GDP on infrastructure either.

Get a reliable source and we can discuss further.

Reach our 1971 Standards in Techniques and Strategies in 2030, I will Place Bangladesh > (India+Myanmar).

BD economy is growing nicely and predicted to nudge up to 7% growth in a few years. There will be plenty of money to build a strong military by 2030.

 

[Zabaniyah]

^Mate, why are you replying to a bunch of call center rejects? They are born and bred to hate their neighbors through their schools and media.

Don't go down to their level, and quietly see your interests.

 

[alaungphaya]

Yeah the whole bangladeshi definition of base year of gdp is mind boggling to say the least!

The amount of absolute rubbish being spouted by some of them was amazing.

Hey, Bangladeshis. If you are still unsure of what the hell we're talking about, look at this Yahoo answers page. I'll pick out some choice bits.

Econs: criteria in selecting base year to calculate gdp? - Yahoo! Answers

First of all, you don't need a base year to calculate GDP. You do need a base year to calculate the GDP deflator though. Which base year you choose is absolutely unimportant, because the important number is not the deflator itself, but its percentage change over time, which is going to be the same regardless of the base year you choose.

Also, GDP deflator, being a Paasche index, tends to understate inflation; CPI, being a Laspeyres index, tends to overstate it. This is why chain-type indexes were developed.

A good discussion of these issues can be found in Macroeconomics textbook by J. Bradford DeLong.

The previous answer makes sense. However, there are other factors that are involved in choosing a specific year.

First off, you need to to consider a particular year in which the data of that particular year, was the accumulation of several years of stability in the major economic variables. That is to say, that if we were to choose 2005 or 2006 as a base year, it wouldn't be a good idea becuase of the high inflation rates and other variation in data due to the oil crisis.

Furthermore, it has to be a year that resembles the current composition of the country's economy. For example, if any given country's economy in 1990 didn't export much technology, but suddenly in the mid 90 it began to export tech, than the year needs to be adjusted. Otherwise there may be some misleading information there.

Finally, a base year needs to be seasonally adjusted in order to avoid irregularities that are normal throughout the course of the year. You can't just say that the gdp of X country is 100 and go from there. There's a large mathematical process involved in order to avoid statistical errors. Moreover, it is very expensive to change base years because of the research that goes into it.

If you want to get more info, pick up any MACROECONOMICS text book. You can just type it in on the google and you'll get info,
Source(s):
PS I'm an economist, too.

 

[TopCat]

The amount of absolute rubbish being spouted by some of them was amazing.

Hey, Bangladeshis. If you are still unsure of what the hell we're talking about, look at this Yahoo answers page. I'll pick out some choice bits.

Econs: criteria in selecting base year to calculate gdp? - Yahoo! Answers

The previous answer makes sense. However, there are other factors that are involved in choosing a specific year.

First off, you need to to consider a particular year in which the data of that particular year, was the accumulation of several years of stability in the major economic variables. That is to say, that if we were to choose 2005 or 2006 as a base year, it wouldn't be a good idea becuase of the high inflation rates and other variation in data due to the oil crisis.

Furthermore, it has to be a year that resembles the current composition of the country's economy. For example, if any given country's economy in 1990 didn't export much technology, but suddenly in the mid 90 it began to export tech, than the year needs to be adjusted. Otherwise there may be some misleading information there.

Finally, a base year needs to be seasonally adjusted in order to avoid irregularities that are normal throughout the course of the year. You can't just say that the gdp of X country is 100 and go from there. There's a large mathematical process involved in order to avoid statistical errors. Moreover, it is very expensive to change base years because of the research that goes into it.

If you want to get more info, pick up any MACROECONOMICS text book. You can just type it in on the google and you'll get info,
Source(s):
PS I'm an economist, too.

Source: http://www.defence.pk/forums/bangla...orth-east-india-theater-23.html#ixzz1z15RDj5s

Good that you are reading... Read wisely. I highlighted for you too.

 

[Henry]

You don't know what you are talking about.

If you want to compare living standards, it is PPP that is important. I have already proved that Bangladeshis are richer than Myanmarese.

Anyway what is the point of being 3 times "richer" if you die 3 years earlier?

You are talking like a Stupid Idealistic Socialist.

If an Indian whose age is 66 Years Today doesn't mean he is going to Die Today. When he was born 66 Years Ago, Life Expectancy was in the 40s. Likewise, An Indian Born Today doesn't mean He will die 66 Years afterwards. After 66 Years You can only Guess What would be India's Life Expectancy!

Do give a Source for your Figures.

Where did you pull those numbers from?

There is no way that BD only spends 1.5% of GDP on infrastructure and absolutely no way
that India spends 15% of GDP on infrastructure either.

Get a reliable source and we can discuss further.

Indian Economy: $2 Trillion
Bangladesh Economy: $100 Billion

India To Spend $1 Trillion Building Roads, Ports To Get Moribund Economy Buzzing Again - International Business Times

Asia Today Online® -› Asia Business, Trends and Industry News

Bangladesh budget is $6 Billion - Looking at the Breakup I still gave a Round off $2 Billion.

BD economy is growing nicely and predicted to nudge up to 7% growth in a few years. There will be plenty of money to build a strong military by 2030.

You can't reach India's Standard of 1971 or Myanmar's Standard of 2012 in 2030.

 

[UKBengali]

^^^ You are beyond help.

 

[alaungphaya]

Yes. I put it up there because I read it too. This is exactly what I was saying before:

When country X says it is going to use year Y as a base year, it does not mean subsequent GDP, nominal or real or PPP adjusted, will be based on just the sectors that existed in the base year. THAT'S NOT WHAT BASE YEAR MEANS. When they say adjusting the base year to reflect the economy better, they mean using the prices of things that are relevant in the base year. For example, sewing machines might be one of the price components in 1995 but not in 2005. But say microchips prices will be included 2005 base year but wasn't in 1995. That doesn't mean that the number of microchips produced is not counted in current GDP. What it does mean is that if you're adjusting to the base year and the base year is 1995, then it will be unfair to offset the price of microchips produced with the inflation of things that are not microchips e.g. sewing machines. What you and others are talking about is that BD purposefully under reports certain industries when making its calculations. That may well be as no country can go out and count EVERY SINGLE ECONOMIC TRANSACTION made in a country. But that is unrelated to the 1995 base rate. Let me say that again: THAT IS UNRELATED TO THE 1995 BASE RATE.

Do you understand now, iadjani?

 

[TopCat]

Yes. I put it up there because I read it too. This is exactly what I was saying before:

Do you understand now, iadjani?

No you are saying one thing and posting contradictory reference..

 

[Henry]

^Mate, why are you replying to a bunch of call center rejects? They are born and bred to hate their neighbors through their schools and media.

Don't go down to their level, and quietly see your interests.

There are Practically Zero Call Centers in My City as much as Bangladesh.

While Here Per Capita Income is $15,000 will reach the Developed World in 8 Years to $40,000, Bangladesh is $ 818.

Certainly People Here Don't need Call Centers While You are not even Worth Call Centers.

Does an Indian even care about their Neighbor? Ask the Indians here!

^^^ You are beyond help.

You are Drained of your Rants.

Come up with Logical Facts backed by Evidences.

 

[illusion8]

Here a Bangladeshi openly supporting terrorists and calling others for help, which goes against the forum rule.

But I'd not report since I'd love to see him getting thrashed up, down and sideways by others.

I hope the terrorist supporters among BD's population are better swimmers to survive the floods so they can plot their terror plans against their neighbors.

 

[TopCat]

There are Practically Zero Call Centers in My City as much as Bangladesh.

While Here Per Capita Income is $15,000 will reach the Developed World in 8 Years to $40,000, Bangladesh is $ 818.

Certainly People Here Don't need Call Centers While You are not even Worth Call Centers.

Does an Indian even care about their Neighbor? Ask the Indians here!



You are Drained of your Rants.

Come up with Logical Facts backed by Evidences.

You are the best man.. You beat everybody else.. The biggest comedian I ever seen in PDF.

 

[alaungphaya]

No you are saying one thing and posting contradictory reference..

I don't know why but I'm determined to educate you. Here is a reduced quote from what I said:

When they say adjusting the base year to reflect the economy better, they mean using the prices of things that are relevant in the base year. For example, sewing machines might be one of the price components in 1995 but not in 2005. But say microchips prices will be included 2005 base year but wasn't in 1995. That doesn't mean that the number of microchips produced is not counted in current GDP. What it does mean is that if you're adjusting to the base year and the base year is 1995, then it will be unfair to offset the price of microchips produced with the inflation of things that are not microchips e.g. sewing machines.

Now here is what the clever man from Yahoo answers said:

Furthermore, it has to be a year that resembles the current composition of the country's economy. For example, if any given country's economy in 1990 didn't export much technology, but suddenly in the mid 90 it began to export tech, than the year needs to be adjusted.

Do you see the link? The GDP base is just the inflation adjusted/deflator base. If you use things produced by a country in 1995 as a price benchmark, then it would be inaccurate as you will be measuring the total value of things produced now based on things that were produced 17 years in the past. This is what I, the nice man on Yahoo! and the badly written article are saying.

What you were saying is that if something that was produced now that didn't exist in 1995, it will not be counted in current nominal GDP figures. Do you realise how stupid that is? This is not true. Do you understand now?