Riyadh Bhai,
This is in response to your post #497 on how Bangladesh has done worse since it separated from us.
Once again, I repeat that we must look inside our own "gireban" before we start pointing at Bangladesh. So here goes--
Looking at the World Bank data from tradingeconomics. com, it is clear that since the post-Cold-War reforms began all over South-Asia in 1992, the following are observable:
1) Sri-Lanka's Exports have increased from 3 Billion$ to 11 Billion$ (3.7 times)
2) Pakistan's Exports have increased from 8.5 Billion$ to 28 Billion$ (3.3 times)
3) India's Exports have increased from 25 Billion$ to 350 Billion$ (14.0 times)
4) Bangladesh's Exports have increased from 2.5 Billion$ to 22 Billion$ (8.8 times)
At the start of the South-Asia-wide post Cold War reforms, the 1992 exports were:
1) Sri-Lanka at 3 Billion$
2) Pakistan at 8.5 Billion$
3) India at 25 Billion$
4) Bangladesh at 2.5 Billion$
In 2010, 18 years after the reforms began, the exports were as follows:
1) Sri-Lanka at 11 Billion$
2) Pakistan at 28 Billion$
3) India at 350 Billion$
4) Bangladesh at 22 Billion$
In summary, here are the rankings in percent-growth terms over the 1992-2010 period:
1) India's Export Growth was 1400%
2) Bangladesh's Export Growth was 880%
3) Sri-Lanka's Export Growth was 370%
4) Pakistan's Export Growth was 320%
While we are more or less keeping pace with Sri-lanka, Bangladesh has been zooming up from behind and is very close to catching up with us! In the next 4-5 years, there is a good chance that Bangladesh will be a bigger exporter than our country! And it's not just Jute...
So, Riaz Bhai, it is perhaps time to focus on making improvements in our own country and not waste time making vacuous comparisons to other countries.
Riyadh Bhai,
This is in a continued response to your post #497 on how Bangladesh has done worse since it separated from us in 1971.
Looking at the World Bank data from tradingeconomics. com, it is clear that since the post-Cold-War reforms began all over South-Asia in 1992, the following are observable:
1) Sri-Lanka's Remittances have increased from 0.55 Billion$ to 4.1 Billion$ (7.5 times)
2) Pakistan's Remittances have increased from 1.6 Billion$ to 9.7 Billion$ (6.1 times)
3) India's Remittances have increased from 2.9 Billion$ to 54 Billion$ (18.6 times)
4) Bangladesh's Remittances have increased from 0.9 Billion$ to 10.8 Billion$ (12.0 times)
At the start of the South-Asia-wide post Cold War reforms, the 1992 Remittances were:
1) Sri-Lanka at 550 Million $
2) Pakistan at 1.6 Billion$
3) India at 2.9 Billion$
4) Bangladesh at 900 Million$
In 2010, 18 years after the reforms began, the Remittances were as follows:
1) Sri-Lanka at 4.1 Billion$
2) Pakistan at 9.7 Billion$
3) India at 54 Billion$
4) Bangladesh at 10.8 Billion$
In summary, here are the rankings in percent-growth terms over the 1992-2010 period:
1) India's Remittances Growth was 1860%
2) Bangladesh's Remittances Growth was 1200%
3) Sri-Lanka's Remittances Growth was 750%
4) Pakistan's Remittances Growth was 610%
Just as in the case of Exports, ONCE AGAIN we notice that while we are just about keeping relative pace with Sri-Lanka, Bangladesh has been zooming up from behind and has now surpassed us! Something to keep in mind while we pat ourselves on the back on the issue of the rising remittances.
Again, Riaz Bhai, it is perhaps time to focus on making improvements in our own country and not waste time making vacuous comparisons to other countries.