actually, i also appreciate that they have made tremendous progress, but, agree with me or not, but if all Bangladeshis are *** dumb as the ones here on PDF, i don't think their growth will last long.
To be more precise, all the development that is happening their is because of cheap labor, and that's the major part.there is nothing more extraordinary to it, but, as the living standards start increasing, availability of cheap labor will dry out and BD will have to move to talented or trained work force, and BD is leagues behind in terms of talent or trained work force in entire sub- continent.
However , what the Bangladeshis here fail to notice is that their much trumpeted growth is mostly due to they being ignored for too long, that is, cheap labor. What more important is maintaining and sustaining an economic growth for more than a decade, preferably for around 2 decades or more to emerge as a strong ,self reliant nation, and this where the problem is, Bangladesh has not taken any action, with which it can maintain or sustain the economic growth for that long, it needs resources, not just natural, but all kind of, like good educational institutions, transport, power, medical, communication etc, and this needs hell lot of investment. Going by their current performance, i don't think that their economic growth will last more than a decade, just like Pakistan, there was a time Pakistan's economy grew at a rapid phase and then fizzled out to nothing, and BD is woefully lack resources to sustain a economic growth for more 2 decades, and on top of that, increasing population.
And, the present Bangladeshi govt has not taken considerable measures to endure a economic growth for that long,they will have to build highways, railways, power plants, colleges,schools, communication links, waste management systems, expand cities, health care facilities at a much rapid rate, but when you look at the stats that is their in the media, they are not doing it at the rate that is necessary, in some sectors, they are not even up to the mark and cannot even meet present demands, and hardly any steps are being taken in this direction, lets see where they will go,there present economic growth is not a planned one nor due to the policies that they are implementing, it is mainly because of the cheap labor that foreign companies are making investments there, and not because of any highly skilled labor,while in china, their economic growth is planned and is shaped by the policies of their govt, and they have made extraordinary policies , which i believe India can learn form china, the present slowdown in china's growth is also a planned move by their govt to slowdown the economic overheating, this is what the economic analysts have said.
presently, as it is, there economic growth will not last long more than a decade,forget India, i don't think they will be able to surpass Pakistan, Pakistan is going through a bad phase right now, but they have far more potential and resources than Bangladesh can ever have. anyway. i'll rest my case here.
