Bangladesh Set to Reach Economic Par With India

[24 Hours]

The present trend indicates BD will remain a developing country, and the superstitious and uneducated younger people generation after generation will keep on going to the desert countries to water the debt trees and sweep the roads there. A few factories here and there will certainly not cause the country to reach a developed country status.

Sajeeb, the son of Hasina, should not have compared BD future with Mexico, India or Turkey. These countries will remain in a different league. Instead of talking big, this guy should have talked about how to clean the streets and roads of Dhaka, Chittagong and others. People should emphasize how not to submerge these cities in water during the Monsoons every year. Clean cities will certainly draw attraction and get respect from others. What is the value of living in gutters with a little inflated GDP?

Except there are plenty of Mexicans that hold superstitious beliefs. And many of them come to the US for work, be it legally or illegally. Ever been to Malaysia? Plenty of people there are superstitious and they're an upper middle income country. And I'm pretty sure large amounts of Turkey and India have the same thing as well. There is a process of cleaning Dhaka up. However since it is Dhaka, it will take sometime. So it's best to wait and see.

 

[my2cents]

No it won't haha.

Mexico, Turkey, India = SDDS standard

Bangladesh = GDDS (barely too may I add)

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

It reflects sorely in the market cap per capita (which cannot be subject to anywhere near same level of govt propaganda*/inflation laundering** unlike GDP) :

Mexico = 3300 USD

Turkey = 2900 USD

India = 1800 USD

Bangladesh = 530 USD

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

Seriously, yes please celebrate LDC graduation if you want, but don't talk about "same economic status" and drag others into it.

@Skies @bluesky @Tanveer666 @Gibbs @Joe Shearer @Mage

* https://www.thedailystar.net/business/banking/wb-doubts-765pc-gdp-growth-estimate-1560541

** https://opinion.bdnews24.com/2017/12/18/where-did-the-benefits-of-economic-growth-disappear/

What is SDDS and GDDS standards? Are they accounting terms??

 

[bluesky]

Except there are plenty of Mexicans that hold superstitious beliefs. And many of them come to the US for work, be it legally or illegally. Ever been to Malaysia? Plenty of people there are superstitious and they're an upper middle income country. And I'm pretty sure large amounts of Turkey and India have the same thing as well. There is a process of cleaning Dhaka up. However since it is Dhaka, it will take sometime. So it's best to wait and see.

Yes, Mexicans also believe that the earthquakes are caused by a power living top in the sky, like the superstitious Malay and BD Muslims are taught to believe. This is why Mexico is developing. Also, it is a yes that Malaysia is developing not because of entrepreneurship of the very hard working Chinese, small population, and its oil and gas resources, but because of superstitious Malay Bhumiputra who waste time to do regular research on the shortcut ways of achieving Paradise.

 

[24 Hours]

Yes, Mexicans also believe that the earthquakes are caused by a power living top in the sky, like the superstitious Malay and BD Muslims are taught to believe. This is why Mexico is developing. Also, it is a yes that Malaysia is developing not because of entrepreneurship of the very hard working Chinese, small population, and its oil and gas resources, but because of superstitious Malay Bhumiputra who waste time to do regular research on the shortcut ways of achieving Paradise.

Their superstitions may not be that severe, but there are other examples of it. That being said, there are plenty of elderly Mexicans with those views and more of them in the more impoverished parts of the country. I'll give you the issue with Malaysia involving the Chinese. Those are some hard working people.

 

[Nilgiri]

Except there are plenty of Mexicans that hold superstitious beliefs. And many of them come to the US for work, be it legally or illegally. Ever been to Malaysia? Plenty of people there are superstitious and they're an upper middle income country. And I'm pretty sure large amounts of Turkey and India have the same thing as well. There is a process of cleaning Dhaka up. However since it is Dhaka, it will take sometime. So it's best to wait and see.

Different kind of superstitions in play mostly. BD has some really disgusting level of political party superstitions running amok. Worshipping a higher power beyond human control is one thing, worshipping human control is quite the other. It is really bad in parts of India too btw...but its really polarised nasty in BD.

What is SDDS and GDDS standards? Are they accounting terms??

They portend to the standard + frequency of socio-economic data released by the govt statistical authorities:

https://defence.pk/pdf/threads/wb-doubts-7-65pc-gdp-growth-estimate.552983/#post-10403712

Some resources from IMF on the issue:

https://dsbb.imf.org/#public/

http://www.imf.org/external/pubs/ft/gdds/guide/2013/gddsguide13.pdf

 

[24 Hours]

Different kind of superstitions in play mostly. BD has some really disgusting level of political party superstitions running amok. Worshipping a higher power beyond human control is one thing, worshipping human control is quite the other. It is really bad in parts of India too btw...but its really polarised nasty in BD.

Are you referring to politics? Or worshiping of mullahs and gurus of the like? Because if it's the former than a alot of countries are superstitious. Regardless, superstition is involved in supernatural beings only.

 

[Nilgiri]

Are you referring to politics? Or worshiping of mullahs and gurus of the like? Because if it's the former than a alot of countries are superstitious. Regardless, superstition is involved in supernatural beings only.

Yes politics, BD has the worst of it....just from what I seen in this forum.....very few have balanced perspective on either political party...most are complete deluded devotee and chosen one cannot do wrong and the other is devil incarnate....when really people ought to be destroying both and pushing for something fresh.

Sure its a global thing, but I am saying its especially bad in Bangladesh and more so given the stage BD development is at.

 

[24 Hours]

Yes politics, BD has the worst of it....just from what I seen in this forum.....very few have balanced perspective on either political party...most are complete deluded devotee and chosen one cannot do wrong and the other is devil incarnate....when really people ought to be destroying both and pushing for something fresh.

Sure its a global thing, but I am saying its especially bad in Bangladesh and more so given the stage BD development is at.

Just from on this forum? Not the best sample size. Most of us here agree Hasina is no angel and not worthy of being worshipped. Most of us agree that we're better of with her or Khaleda and her idiot son. Granted, Hasina's own son isn't that much better. Not saying AL is flawed, we're just stuck in picking the less terrible option.

 

[bluesky]

Their superstitions may not be that severe, but there are other examples of it. That being said, there are plenty of elderly Mexicans with those views and more of them in the more impoverished parts of the country. I'll give you the issue with Malaysia involving the Chinese. Those are some hard working people.

Why are you talking about an Mexico superstitions. Talk about your own people. Do not indulge in Malaysian development syndrome that you do not know or understand about. Study hard to understand that when there are many people with your kind of thinking, there is little chance of BD ever developing. It will remain a gutter country as usual. Talk to your govt. to fix the roads and drainage system and then come to claim about development.

 

[24 Hours]

Why are you talking about an Mexico superstitions. Talk about your own people.

Because the point was that Sajeeb made the comparison with Mexico where we started off on superstitions from there.

Study hard to understand that when there are many people with your kind of thinking, there is little chance of BD ever developing. It will remain a gutter country as usual. Talk to your govt. to fix the roads and drainage system and then come to claim about development.

And what is this supposed to mean? Do you really believe I'm a person who is satisfied with the status quo? I'm not denying BD's infrastructure is in poor shape. But do you really believe that just because the infrastructure is garbage, does that mean BD has never developed in general? Does a decline in maternal and child morality rates not count as development?

 

[bluesky]

Because the point was that Sajeeb made the comparison with Mexico where we started off on superstitions from there.

And what is this supposed to mean? Do you really believe I'm a person who is satisfied with the status quo? I'm not denying BD's infrastructure is in poor shape. But do you really believe that just because the infrastructure is garbage, does that mean BD has never developed in general? Does a decline in maternal and child morality rates not count as development?

BD has certainly surpassed of its two/three cousins in the west in the the growth level of maternal and child mortality rates. There are also a tremendous growth in education as well. But, it takes many decades to translate these development to the GDP. Physical Infrastructure like roads and bridges is also same. Its effect on the GDP cannot be seen immediately.

I think, like driving a car, BD should choose its own path and speed instead of comparing with others. But, people like Sajeeb is comparing BD economic activities with those countries which are already two Centuries ahead of us. It is certainly more impossible to catch up when our own civil engineering companies are unable to show professionalism, and the GoB is unable to guide them upward their workmanship to an international level.

 

[Black_cats]

BD has certainly surpassed of its two/three cousins in the west in the the growth level of maternal and child mortality rates. There are also a tremendous growth in education as well. But, it takes many decades to translate these development to the GDP. Physical Infrastructure like roads and bridges is also same. Its effect on the GDP cannot be seen immediately.

I think, like driving a car, BD should choose its own path and speed instead of comparing with others. But, people like Sajeeb is comparing BD economic activities with those countries which are already two Centuries ahead of us. It is certainly more impossible to catch up when our own civil engineering companies are unable to show professionalism, and the GoB is unable to guide them upward their workmanship to an international level.

Mexico Turkey etc. are not two century ahead of us. At best 25-30 years. We should try to reduce the gap.

Countries like USA, UK etc are around 130-150 years ahead. Thanks to our 200 years of colonial legacy.

US had the same gdp per capita like Bangladesh at around 1880 and for UK it was between 1850-60.

 

[Nilgiri]

Just from on this forum? Not the best sample size. Most of us here agree Hasina is no angel and not worthy of being worshipped. Most of us agree that we're better of with her or Khaleda and her idiot son. Granted, Hasina's own son isn't that much better. Not saying AL is flawed, we're just stuck in picking the less terrible option.

The sample size extends well past for me, a good friend of mine's dad was part of former BNP govt (he is largely apolitical fellow tho)....he fills me in on the broader picture w.r.t BD...and I have had much debate with him regarding the similarities and differences with the political situation in TN for example that I know quite well personally. From that all I form my impression (and he largely agrees with it) that BD is quite heavily polarised deeply. He found for example what SHW did in the last election quite distasteful....but he also recognises KZ would have done the same thing afforded same opportunity....just SHW timed it better and out-played there on out.

For example in TN, I did some data churning electorally and found one can say its about 10% loyalist on either side, and 80% is varying swing vote (these numbers change through the decades somewhat too but not too much)......but BD it seems nearly like 30 - 40% are static support for one or the other and the swing vote is just 20 - 40%. Maybe @Skies @Tanveer666 @Mage @bluesky can comment on that too.

This is just raw macro stuff, past that how deep is the political animosity etc? In TN, it runs pretty deep, BUT like a family tree, both sides trace to exact same political leaders just 1 - 2 generations ago...so there is no SMR vs ZR competing legacy from the political founding stage itself......and beyond the political shenanigans, I know personally of much cooperation/inheritance when it comes to bureaucracy management/reform etc....i.e there is no real cutthroat stuff past the optics (heck they even pass on the same list of bribe/nepotism chains when there is transfer of power etc). But in BD it seems to be very cutthroat politically...all or nothing etc...even past the optics....it sort of required this inevitable outright complete power grab by one side...just to prevent the house divided against itself. That to me is quite scary thing for what is underneath supporting the current edifice.