Japanese Assistance to BD Mega-Projects

[TopCat]

Do you never read properly?

I said that BD still needs to rebase it's GDP to 2011-2012 base year like India has done.
This rebasing will add 15-20% extra to BD GDP/capita and so nearly already equal to India GDP/capita.

Then towards the end of the decade, the Western economies will enter another recession, and India's IT industry will be hit hard and so expect growth to get down to 5% for 2-3 years.

BD will not suffer as much as it's exports will still be little affected by worldwide slowdowns - they will in a decade from now but not before then.

Surpassing India will not exactly be a great achievement for BD. India is looked down upon in BD to be honest.

India still in recession. Their central bank cut interest rate this week yet again. They also downgraded GDP growth figure due to low monsoon. Industrial growth rate came to positive territory yet no hiring. India's growth figure still below 5% with previous calculation.

 

[dray]

India still in recession. Their central bank cut interest rate this week yet again. They also downgraded GDP growth figure due to low monsoon. Industrial growth rate came to positive territory yet no hiring. India's growth figure still below 5% with previous calculation.

Interest rate cuts are long overdue, rates are still very high to control the inflation, more interest cuts need to be made to bring it down to a normal level, recession is not the cause of such rate cuts, it is because the inflation is coming down.

 

[TopCat]

Interest rate cuts are long overdue, rates are still very high to control the inflation, more interest cuts need to be made to bring it down to a normal level, recession is not the cause of such rate cuts, it is because the inflation is coming down.

When your economy grows 7% and above, you dont cut interest rate, whatever level it is.

 

[dray]

When your economy grows 7% and above, you dont cut interest rate, whatever level it is.

Interest rates are abnormally high at present to control inflation, now as the inflation is coming down, RBI is reducing the interest rates also, rates are supposed to go down further to its normal levels. Industry growth suffers in high interest rates regime.

When your economy grows 7% and above, you dont cut interest rate, whatever level it is.

Besides, it's a lame theory, there is no such hypothesis in economics.

 

[TopCat]

Interest rates are abnormally high at present to control inflation, now as the inflation is coming down, RBI is reducing the interest rates also, rates are supposed to go down further to its normal levels. Industry growth suffers in high interest rates regime.



Besides, it's a lame theory, there is no such hypothesis in economics.

Lame.....