Bangladesh 2nd largest economy in South Asia

[VikingRaider]

BD might overtake PK is every area. I will not be surprise now if it happens.

Pakistan has spoiled its last 20 years, whereas Bangladesh has build its foundation by integrating women to the productivity.

Pakistan will need 10 years (just assumption), to make any big gap with BD, if there will be any ever.

BD developed because of its social-cultural structure, literacy rate and women force.

Just imagine Afghanistan, where there is no favorable social-cultural structure, literacy and women force to support its growth. And, more or less the similar context exists in half of the Pakistan.

But I do not want to give credit to AL/Hasina. I think it is normal that BD is developing and would have done more under better governance.

FROM ME, NO CREDIT TO AL/HASINA

Thanks to Allah that atleast you admitted that Bangladesh is developing in a good pace! At least you are honest unlike other BNP supporters !

 

[Hakikat ve Hikmet]

Pakistani economy is far bigger than its revealed.
Thats the real secret.
Otherwise people can wonder how we are able to afford all the gadgetry we have, all the missiles and nukes and everything. How we are able to research and develop systems which oil rich nations like Iran and even indians have a hard time coming up with. Yes, we get help but it's not always that easy.
Even plenty of our weaponry is kept under the wraps.

I still remember I was in School when the army sealed of our area (about a hundred km's from Kahuta Research Laboratories) as they were testing a radiation emitting based weapon (non explosive) on the wilderness and it ended up killing all the vegetation in its targeted area)

Yes, it's a matter of the Deep State getting funded from the Deep Economy run by the Deep Nation under the Deep Intelligence apparatus!!! And, all have to be run in secrecy out of the watchful eyes of IMF/Zionists/Imperialists/CIA/MOISAD/RAW etc.!!! Pak has been doing a wonderful job so far!! Anything less, she'd have been turned into subjugation in no time at all....

Now, Pak is chosen to be defender of the Haremain!!!! Basically, nothing else matters for her pending issues will be taken care of one by one Insha'Allah!!! And, it's already started...

Hence, I need to concentrate more on the bigger picture and let the provocative staffs pass by...

"My beard doesn't know what's inside my head" - Fatih Sultan Mehmet Han (RA), Conqueror of Istanbul to fulfill the foretelling about the Conquest of Constantinople by the Muslims in a Hadis-i Sherif

La Galibe Illallah...

Ve Ma Tevfiki Illa Billah...​

 

[ziaulislam]

Which two sources actually? WB data is only up to 2017. IMF could not make any projection due to lack of data.

According to this report Pak GDP have shrunk from from what it was in 2018. Based on your currency devaluation it does not seek far fetched. I fail to see any disparity. If I am missing something, then let me know.

Doesnt matter..inflation will spike and adjust the nominal gdp again...
Real gdp is your PP

It was long due... your dollar gdp was increasing around 10/15% a year without any tangible growth on the ground. It had to be adjusted someday.

Real gdp growth is real..please dont talk non sesne..its reason why its called " real" gdp

For example 25% devaluation will be counterd by abnormally high inflation which is nearly 10% this year so your gdp grows inflation +real gdp=growth...countries only quotes real gdp values

 

[Dubious]

Yes it is...…. If mods can ban Pakistani members , and changing not allowed in thread titles….
Why you so upset...……. I am happy for BD...…. best of luck...……
Let mods change the thread title to original one...… Haters like you cannot put hate in BD and Pakistan by misleading titles. ..
@Slav Defence , @Horus . Dear mods you guys have to figure this member out …… And please fix thread title to original...… So people can say good thing about BD instead trolling each other.

I modified the title based on the article.

At BD members kindly dont change the thread title according to your liking! THAT is against forum rules!

Bangladesh 41st largest economy in 2019: Study

You have been on this forum since 2010 and you still dont know that it is against forum rules to change the title?

 

[Slav Defence]

Discuss with civility.

 

[VikingRaider]

Congratulations...…. AL the best...….
@Atlas

Cool sir. I am not AL supporter. I belong to 10-15% of floating voter in Bangladesh who vote for different party.
I wish in 2024 election if Jatiya party can prove themselves as worthy opposition , I will vote for them. I do not want same part is in power after every 5 years. This time case was different and I have explained that . So no reason to tease me with AL!
Peace!
@CHACHA"G"

 

[Nilgiri]

Sultan, please forgive this lowly termite. He made an unforgivable mistake by bringing the tax rate for automobiles in BD and Pak. Bit please don't give him any severe pun ishmemt. Don't make the crows laugh with the pun ishments.

Good you are learning how to deal with him now in the best way haha

Good my young padawan...good. Proceed.

 

[Black_cats]

I modified the title based on the article.

At BD members kindly dont change the thread title according to your liking! THAT is against forum rules!


You have been on this forum since 2010 and you still dont know that it is against forum rules to change the title?

That to reflect the summary of the report. I am quite sure within days more news article will come out saying Bangladesh has become 2nd largest economy in South Asia overtaking Pakistan, would it be justify then? How much difference it will make?

This business report mentioned by 2033 Bangladesh will be 24th largest economy overtaking Sweden, Malaysia, Pakistan and even Switzerland. I don’t think any other country national would have issue with it!!

https://www.facebook.com/video.php?v=2268723666518812

 

[Śakra]

Anyways, congratulations Bangladesh (I spelled it correctly this time)!!! Good to see the Subcontinent rising after centuries of decline!

 

[Nilgiri]

Ignore Pakistani bullshit
Bangladesh is looking good and moving fast

However i do agree that we are resource full country...we have more gas than Bangladesh enough hydro potential to cover our production 3 times over(still make 1/3 of electricity from dams built 50yrs ago!!!!) Enough gold coal water cotton.. everything but we have people who are corrupt to the core

You export a lot of the best people you have to here (North America). I have worked alongside many and continue to do so. Talented, disciplined folk...I wish Pakistan can acquire them back or retain them to begin with and find way to put them where it matters....it will help solve many issues. Same is true for region more broadly.

======================================================

@all members here .... I am not really going to bother discussing small % differences between the region (like I have done and lot of you have made me indulge in previously...for feelz on all sides) on economy/social dev etc.

This is first km stretch of a very long marathon series to begin with (for all)...and there are too many that are way ahead of us we should be talking more about (to make some ground and catch up)....so bickering/thumping/braying here is pretty stupid and only leads to silly-talk and ego and hurt feelings and bitterness.

Thanks for understanding....dont tag me anymore for micro-stronky-feelz stuff...I rather talk more general stuff now....unless its someone that actually wants to learn something on certain details. I want to spend my time more wisely here from now on....good day!

@Joe Shearer

Not disputing that nominal GDP is more relevant when assessing global influence. My comment was regarding comparing living standards of two given economies.

Only to some degree even for that. I am reminded of when Russia's nominal GDP halved pretty much in space of cpl years. Same thing happened for the USSR collapse/post collapse cpl decades prior.

Their global influence did not correlate to those dips by any stretch of the imagination. World reference (USD) only goes so far....it is not something that has permeated every nook and cranny of the whole existence of "global influence"...even when just talking purely economically.

If it was so (to a T), Deng no matter what he did internally reform wise, would have failed to get stuff going (and create that process that China would latch onto during the 80s+90s that was so crucial momentum wise)...because people (serious investors+expats) would have simply just looked at the initial nominal USD production (and even potential at that time too) and said..."meh...not worth it".

The deeper concept of PPP has many nuanced elements to it that existed well before it itself was developed and came into use....simply because human existence in socioeconomics is far too vast for any singular reference. It will remain that way eternally...we are not a stark uniform monolith and never will be.

 

[Mav3rick]

Why military would back PTI so much compared to others? What PTI give them in return?

It is an accepted fact amongst our political elite that no party can form Government in Pakistan, or stay in power, unless they take dictation from the Military on certain matters. That the dictation on those sensitive matters has it's pros and cons is another topic and beyond the scope of this discussion.

In reference to your question, it is not what PTI gives in return to the Military, it is rather how well the military can control the Government and keep certain matters and functions of the state under its control. The leaders who are most compliant are most desired and thus elevated. Matter of fact, almost all the leaders, including Zulfiqar Ali Bhutto, Nawaz Sharif, Altaf Hussain etc. had blessings of the establishment which led to their phenomenal rise. And then perhaps these puppets get too big for their own shoes and this is when the establishment slams them back to the ground, one way or the other. So, basically, the politicians need to either fall in line or fall by the way side.

Let's be even more practical.
You're not being neutral here, but either misinformed/deluded, or using a biased mind.
That's the problem.
You are assuming and making things up which you have no idea about yet.

The military gives little shit about whose government it is, the military does what is better for the country. Did they stop fighting your shit *** enemies when it was PMLN? or did they not go and make things work for the PMLN even when they were doing everything to destroy the country?

Stop being disillusioned and a victim of propaganda and start seeing things "objectively".
And for that you need to use something called "own brain", instead of borrowing stuff from others be it news or articles and people around.

The difference is this government is also working for the better of the country and hence on the same page with military.

Your post is full of passion and therefore lacks objectivity and reality. And your assumption that you somehow are more practical, neutral and able to see through propaganda more clearly than I can is the second reason why you chose to post a response to my post, especially because you did so without understanding my post.

It is Military's JOB to combat the enemy, it is the only reason the military exists. Therefore, your argument that the Military was fighting enemies during the PML Government is quite pointless. Your second point is thoroughly ridiculous that the Military was making things work for PML because it was the Military supported dharna by PTI which stole away many months from the Government's initial period, to the point where the Chinese premier cancelled his visit to Pakistan and went only to India, where the premier of Turkey and other countries could not visit because of PTI's dharna. And then after the dharna, when the Military decided to take the war to TTP, Imran Khan's beloved TTP with whom he had always advocated dialogue, it was PML that supported the Military all the way. Once the Military was done dealing with the scourge of TTP, it again chose to go after PML, by various means from intrusion into Government's domain to harassment of PML through courts and state institutions.

And it was the same Military which gave an absolute free hand to PPP and Asif Zardari under Kiyani. This point is just to state that the Military cannot just be judged to be the good guy all the time, it has its ups and downs depending on the Chief who determines the direction unchallenged. Basically, when we have a good Military Chief, the direction is good, but when we have a bad Military chief, well...........

 

[TopCat]

Real gdp growth is real..please dont talk non sesne..its reason why its called " real" gdp

For example 25% devaluation will be counterd by abnormally high inflation which is nearly 10% this year so your gdp grows inflation +real gdp=growth...countries only quotes real gdp values

WE are talking about nominal GDP and your total GDP is your nominal GDP not adjusted for inflation. It gets only adjusted after devaluation. Make sense?

 

[Mage]

Per Capita have overtaken Pakistan's, nearing India's:
http://www.theshillongtimes.com/2019/01/08/per-capita-gdp-has-overtaken-pakistans-nearing-indias/

 

[ziaulislam]

WE are talking about nominal GDP and your total GDP is your nominal GDP not adjusted for inflation. It gets only adjusted after devaluation. Make sense?

nope..
When you devalue most of the time the loss is recovered in increase in inflation
As gdp growth = real growth+ inflation

What matters is two things
1. REAL GDP
2. PP

 

[Nilgiri]

Per Capita have overtaken Pakistan's, nearing India's:
http://www.theshillongtimes.com/2019/01/08/per-capita-gdp-has-overtaken-pakistans-nearing-indias/

Subtract inflation:

https://data.worldbank.org/indicator/NY.GDP.PCAP.KD?locations=IN-BD