Why Bangladesh overtook Pakistan

[TopCat]

What higher base ? Bangladesh started it's growth trajectory as one of the poorest countries on earth and still is regarded as an LCD the lowest base

BD per capita icome is 1800 dollar when it started growing above 8% whereas for vietnam or srilanka it was 200-500 dollar. For sri lanka it already ran out of steam. For vietnam struggling to keep the growth rate above 6%.

 

[Gibbs]

BD per capita icome is 1800 dollar when it started growing above 8% whereas for vietnam or srilanka it was 200-500 dollar. For sri lanka it already ran out of steam. For vietnam struggling to keep the growth rate above 6%.

Lol.. So you think growth rates remain static ? Is this Bongle Stronk logic ? It will increase and decrease owing to domestic and and global impact, What makes you think Pakistan wouldn't score higher growth figures with the new govt and policies in place ? What makes you think the next election in Sri Lanka wont get them a more stable govt and better economic growth than whats happening right now ?

FYI Sri Lanka graduated to a middle income nation in the late 90's and Vietnam in around 2005 that 20 and 15 years ago respectively.. Both are firmly middle income nations and with the crossing of the $ 4000 barrier last year Sri Lanka is in the cusp of upper middle income nation.. Like i said it's less hard work to get out of LCD status with a stable govt in place it's a whole another story when you're a middle income nation.. And Bangladesh is still an LCD with gives you the added advantage of high growth rates as i mentioned earlier.. How far will Bangladesh economy go with 80 % of it's industry is based in RMG with little or no significant R&D when it finally graduates to a middle income nation.. Lets wait and see before you crack the egg open

BTW Bangladesh per Capita GDP was $ 1516 (2018) as opposed to Pakistans $ 1547 is 2017, As to how it jumped to $ 1800 is a few months only you Bongle Stronk brigade clowns would now.. @Nilgiri

 

[TopCat]

Lol.. So you think growth rates remain static ? Is this Bongle Stronk logic ? It will increase and decrease owing to domestic and and global impact, What makes you think Pakistan wouldn't score higher growth figures with the new govt and policies in place ? What makes you think the next election in Sri Lanka wont get them a more stable govt and better economic growth than whats happening right now ?

FYI Sri Lanka graduated to a middle income nation in the late 90's and Vietnam in around 2005 that 20 and 15 years ago respectively.. Both are firmly middle income nations and with the crossing of the $ 4000 barrier last year Sri Lanka is in the cusp of upper middle income nation.. Like i said it's less hard work to get out of LCD status with a stable govt in place it's a whole another story when you're a middle income nation.. And Bangladesh is still an LCD with gives you the added advantage of high growth rates as i mentioned earlier.. How far will Bangladesh economy go with 80 % of it's industry is based in RMG with little or no significant R&D when it finally graduates to a middle income nation.. Lets wait and see before you crack the egg open

WE are shooting for High income category. So it is very important to press the gas at the right moment so that you dont get stuck in the middle income trap.. You are trapped.
What will happen to BD, time will only say. But it looks good so far.

 

[Gibbs]

WE are shooting for High income category. So it is very important to press the gas at the right moment so that you dont get stuck in the middle income trap.. You are trapped.
What will happen to BD, time will only say. But it looks good so far.

Lol.. As if the real world work like your fantasies do.. First get in to the middle income bracket and then brag.. Is this guy for real @bluesky @Mage ??

BTW Bangladesh per Capita GDP was $ 1516 (2018) as opposed to Pakistans $ 1547 in 2017, As to how it jumped to $ 1800 is a few months only you Bongle Stronk brigade clowns would now.. @Nilgiri

 

[TopCat]

Lol.. As if the real world work like your fantasies do.. First get in to the middle income bracket and then brag.. Is this guy for real @bluesky @Mage ??

BTW Bangladesh per Capita GDP was $ 1516 (2018) as opposed to Pakistans $ 1547 is 2017, As to how it jumped to $ 1800 is a few months only you Bongle Stronk brigade clowns would now.. @Nilgiri

You sounds like a parrot now.

 

[Nike]

Lol.. So you think growth rates remain static ? Is this Bongle Stronk logic ? It will increase and decrease owing to domestic and and global impact, What makes you think Pakistan wouldn't score higher growth figures with the new govt and policies in place ? What makes you think the next election in Sri Lanka wont get them a more stable govt and better economic growth than whats happening right now ?

FYI Sri Lanka graduated to a middle income nation in the late 90's and Vietnam in around 2005 that 20 and 15 years ago respectively.. Both are firmly middle income nations and with the crossing of the $ 4000 barrier last year Sri Lanka is in the cusp of upper middle income nation.. Like i said it's less hard work to get out of LCD status with a stable govt in place it's a whole another story when you're a middle income nation.. And Bangladesh is still an LCD with gives you the added advantage of high growth rates as i mentioned earlier.. How far will Bangladesh economy go with 80 % of it's industry is based in RMG with little or no significant R&D when it finally graduates to a middle income nation.. Lets wait and see before you crack the egg open

BTW Bangladesh per Capita GDP was $ 1516 (2018) as opposed to Pakistans $ 1547 is 2017, As to how it jumped to $ 1800 is a few months only you Bongle Stronk brigade clowns would now.. @Nilgiri

All hail Biman Babu Khan, he is the last Mongol Great Khan of Biman Horde, his will is the Earth will. You dare to defy it?

 

[HariPrasad]

BD is a progressive, Democratic , secular nation and not a security state where its armed forces eat up all resources and make people of nation poor. BD got its priority right, fought with Radical Islamization and put its resources in right place. This is just a beginning. BD has a great future and I wish them very good luck.

 

[Gibbs]

You sounds like a parrot now.

Better than a pathological liar silly Bongle

All hail Biman Babu Khan, he is the last Mongol Great Khan of Biman Horde, his will is the Earth will. You dare to defy it?

The bloke pulls stats out of his arse, Him and his two comrades in the Bongle stronk brigade is a good laugh mate

 

[Mage]

BTW Bangladesh per Capita GDP was $ 1516 (2018) as opposed to Pakistans $ 1547 is 2017, As to how it jumped to $ 1800 is a few months only you Bongle Stronk brigade clowns would now.. @Nilgiri

Not in 2018. I think 1516 was in 2016. You can check according to IMF per capita of Bangladesh in the beginning of 2017 was $1602. Pakistan's $1546. Link
According to Bangladesh govt, Nominal per capita of Bangladesh in June 2018 was $ 1752. And according to IMF estimates BD gdp per capita(nominal) is expected to be $ 1880 in 2019. While Pakistan's per capita is harder to estimate due to lack of data.

That being said, Biman Babu, Bilal and YKBengali here like to exaggerate things out of proportion. They are good guys just overly optimistic about the future of Bangladesh.

 

[TopCat]

Better than a pathological liar silly Bongle

an ignorant will think the entire universe is a lie...

That being said, Biman Babu, Bilal and YKBengali here like to exaggerate things out of proportion. They are good guys just overly optimistic about the future of Bangladesh.

Everything I said comes from number. Nothing that I have to exaggerate. I have been here since 2008 when BD export was far less than PK. When I said that BD will overtake in 2 years they laughed. When I said Thailnad and SL economy will falter they laughed. When I said with GDCF Vietnam cant match China they laughed. You can laugh all day long but hard reality cant be ignored.
Did I ever say China will do bad? No...
Did I say S. Korea will do bad? No..
Did I say India will be bankrupt? No..
Are these country is my in laws home?

Cheap economic fundamental will result in cheap economic outcome.

 

[Mage]

Everything I said comes from number. Nothing that I have to exaggerate. I have been here since 2008 when BD export was far less than PK. When I said that BD will overtake in 2 years they laughed. When I said Thailnad and SL economy will falter they laughed. When I said with GDCF Vietnam cant match China they laughed. You can laugh all day long but hard reality cant be ignored.
Did I ever say China will do bad? No...
Did I say S. Korea will do bad? No..
Did I say India will be bankrupt? No..
Are these country is my in laws home?

Well, I do not laugh at these. And I do hope that your predictions about BD will come true. But when I try to think about BD's future, I see lots of fundamental things wrong with BD, for which I cannot be so optimistic as you. I do think you and other Bangladeshis here wish the best for BD.

 

[TopCat]

Well, I do not laugh at these. And I do hope that your predictions about BD will come true. But when I try to think about BD's future, I see lots of fundamental things wrong with BD, for which I cannot be so optimistic as you. I do think you and other Bangladeshis here wish the best for BD.

I understand.
YOu could wish, BD start offering bonds in euro market, or bring in hot capital or borrow heavily for shiny highways and flyways. But I object.
What I am still worried about BD is not pushing for more specialized universities and govt investment in technology. That I really agree with @bluesky
Other than that you got to give it time.

 

[Gibbs]

Not in 2018. I think 1516 was in 2016. You can check according to IMF per capita of Bangladesh in the beginning of 2017 was $1602. Pakistan's $1546. Link
According to Bangladesh govt, Nominal per capita of Bangladesh in June 2018 was $ 1752. And according to IMF estimates BD gdp per capita(nominal) is expected to be $ 1880 in 2019. While Pakistan's per capita is harder to estimate due to lack of data.

That being said, Biman Babu, Bilal and YKBengali here like to exaggerate things out of proportion. They are good guys just overly optimistic about the future of Bangladesh.

I went with the Nominal GDP with the world bank stats mate for 2017.. Hard to believe it can get to $ 1800 with less than 10% growth in a few months mate, Thats not an exaggeration but a fantasy

https://data.worldbank.org/indicato...&locations=BD&start=1960&year_high_desc=false

Anyway as i stated in my first post i'm for one is really glad about Bangladesh's growth, Stable secular govt is a must for this, Sometimes Democracy is a overstated term when it comes to developing nations, Stability at the cost of some aspects of democracy is not that bad a deal

 

[Mage]

I went with the Nominal GDP with the world bank stats mate for 2017.. Hard to believe it can get to $ 1800 with less than 10% growth in a few months mate, Thats not an exaggeration but a fantasy

https://data.worldbank.org/indicato...&locations=BD&start=1960&year_high_desc=false

Check IMF data which is more up to date.
https://www.imf.org/external/datamapper/NGDPDPC@WEO/BGD

 

[Max]

This writer must be a fifth columnist asking Pakistan to become a domesticated peace-loving country instead of talking machoist jargons. He should be shot dead by Pakistan's militaristic establishment.

The army generals love to exploit the Kashmir issue to buy weapons that fill their own pockets but the general people are blinded by the slogans like, "Larke Leyenge Kashmir".

Yes, we should accept status of vassal state of Bharat Mata like lowly Bengali slaves and give up on security and disputed territory and start working on garment factories to be super great like Bangladesh. The only difference between us and you is we fvcked up garment sector, not (Kashmir not Somalia, not India ).. as we didn't supported that sector with subsidies and supporting price which our compitators were doing. We instead wasted money to build world class roads, motarways, highways blah blah.