Whoa there ! What crawled up your where the sun doesn't shine on this beautiful day!
A few of colleagues of mine that traveled to India had this to say, " When you drive on the highway , you are literally sniffing the cow's a**". Yes, same can be said of the " Banana Republic."
You my friend are only few hundread dollars more in per capita GDP. Nothing to be proud of, considering you had a 24 year headstart, and BD started from a destroyed country. Once again Einstein think, you had a 24 year headstart.
sir...people all over south asia live like this...we have rampant poverty...all over....we were exploited for years and now we keep fighting amongst our selves...
nobody could have thought that one day we'd be launching satellites and be looking fit to earn our place.
There are problems and there are innovators.
Thank you for your considerate post. I welcome all constructive criticism.
We all have a legacy of colonial subjugation. All people ever got to be was a bean counter ( Kerani). All the high positions were held by Brits. The prevailing thoughts were Brits are smarter and we are not capable to hold a thought. Its not easy for the general population to come out of that mindset.
People in the subcontinent were cold to foreign investment from the experience of East India Company. The belief was if you dealt with these guys, somehow you would end up with the short end. The business people were not looked upon kindly and treated as profiteers, smugglers, and hoarders. Remember the movie themes of the 70's, a young honest police inspector VS a nefarious smuggler. These movies reflect in a way what people want to see in a movie.
Cold war was in full swing. The 60's and 70's also saw dictators popping up all over the world either on the left, or on the right. Indians will remember their bout with Pepsi. A Govt. was trying to force Pepsi to release its trade secret. I think the politics also reflect that times were very volatile.
I will give a little exception to Pakistan, cause it did open up to a certain extent and benefit-ted from economic growth.
But if you look at the last ten years history of Asia, thinks look very different. The growth of China and India is beyond impressive. We should give credit where credit is due.
I am not sure if the Indian folks are aware of it. Outsourcing sort of started in the mid 80's with Texas Instruments. When the yr 2000 issues came up, Indians proved they are capable not only on outsourcing, but also in industrial output. They built on that and never looked back
I remember the political debate In the U.S about investing in China in earlier last decade. The concern was that the Communist Chinese may not let you own your property. And then the fear that Chinese may nationalize properties. Chinese worked all those out. China deals with corruption the harshest possible way. Chinese economy is not a matter of luck or a slide of hand.
BD had its share of issues. Even to this day in terms planning and implementation BD is behind India. The constant bickering of these two parties has not helped the cause. Both party does politics of idolization. Stamping Mujib or Zia on every available structure will not miraculously change the state of the nation.
Look at Hong Kong and Singapore. They have 0 ( zero) natural resources. Where are they now ? You gotta remember we all started around the same time after Europeans left.
Its good to see Asia is rising again. Up until 1800 Asia was about 65% of the world gdp. And its been like that for thousands of years.
This forum reflects what the educated class thinks. Or at least the ones that reads and writes English. Bickering and condescending tone does not help a common cause.
