Dhaka is not beautiful but unique city: A foreigner's view

[UKBengali]

Economic growth ranging from 7% to 10% was the normal annual GDP growth rate of Indonesia over a period of 30 years, from 1968 to 1998. It was the time when Indonesia was dubbed as part of Tiger Cubs Economies before its economy collapsed in 1998.

https://data.worldbank.org/indicato...ions=ID&name_desc=false&start=1968&view=chart

But, as you may already know, the quality of the growth was terrible due to chronic corruption and it benefited the cronies only and excluded common people from economic participation.

After Asian Crisis 1998, slowly but sure Indonesia managed to improve its quality of economic development despite slower growth. This can be seen by better inflation rates, better equality in income distribution, a more peaceful and socially cohesive in a multi ethnic society, and significant drop in corruption.

https://data.worldbank.org/indicato...ions=ID&name_desc=false&start=2000&view=chart

I think the point in economic development is not about how a country charts impressive economic growth but, rather, how the benefits of the growth will trickle down to everyone else.

Personally, I prefer 5% growth rate with better social conditions over 9% growth rate gone to the elites only.

7% GDP growth average for 30 years before 1998 was not bad.
The crash proved that it was not sustainable.

7% quality growth is better than 5% quality growth. At this rate Indonesia would still be middle income mid-century.

Look at China now, they are far ahead of Indonesia now and the gap is growing. Indonesia was richer even as recently as 2008 in living standards.

 

[Pirupiru]

7% GDP growth average for 30 years before 1998 was not bad.
The crash proved that it was not sustainable.

7% quality growth is better than 5% quality growth. At this rate Indonesia would still be middle income mid-century.

Look at China now, they are far ahead of Indonesia now and the gap is growing. Indonesia was richer even as recently as 2008 in living standards.

Putting stability before economic growth is one of the strategies taken by our policy makers, especially by Minister Sri Mulyani. This is due to the fact that the aftermath of 2008 financial crisis in advanced countries has put Indonesia vulnerable to any external factors.

The basic story of financial crisis is the same everywhere. The financial turmoils experienced over the last two decades (Asian Crisis 1998 and 2008 Crisis) has led to a renewed interest in the effect of Indonesia's traditional reliance on commodity exports that is not healthy for our economy in the long run.

On the other hand, Indonesia's transition to become a high income country will be messy as it is not until recently we are aware of the importance of the quality of our human resources.

Many have been done by the government in attempt to improve the socio economy situation with various results. In general, what the Indonesian government is doing now is to promote greater openness to foreign direct investment in the manufacturing, digital economy and education sectors. Doing so would put Indonesia on the right reform path.

In short, though politically contentious, prioritizing stability could be billed domestically as a strategic response to rising global protectionism and at the same time to generate the productivity gains needed to make faster growth more sustainable.

 

[Nilgiri]

First world? Singapore maybe, Kuala Lumpur is absolutely not. Jakarta GDP is comparable to entire Malaysia. Infrastructure wise there is not much differences between Jakarta and KL lately, Jakarta got much political weight on it, as ASEAN host, center for more than six Forbes 2000 company, and so on

Scuse this idiot, he has not even been to Jakarta obviously.

By reading his posts, I have an intuition that this @UKBengali brat is a false flagger, he lives in his BD fishing village and has no knowledge on the criteria that places some countries to the 1st, some to 2nd and some others to eternal 3rd world. No chance to see the developed world he lives like a frog in the water well. Why does not he change to two BD flags instead of the present one BD and one UK flags?

Shameless stupid @UKBengali, with even 5% growth Indonesia is capable of building train coaches and locomotives that it regularly exports to BD with your 10% growth. Do not always talk insane. Produce at least good quality nails and talk 10% development, idiot!!

A dude m*nkey like you always falsifies the reality to look the country good. Because many people are just bragging type like him in BD the leaders do not feel the pressure to develop. Stop false flagging and change to only two BD flags.

LOL.

 

[CHACHA"G"]

can I only say "LOL" on BDeshi member's thinking lol.... @Nilgiri

 

[Nilgiri]

can I only say "LOL" on BDeshi member's thinking lol.... @Nilgiri

Dallas and Dhaka both start with D....so DUDE....Please elevate your thinking you BUTTHURT.

Its hillarious how they keep making new enemies here on this forum and dbl down on it. Their ego has no limit and fills up gaping hole left by reality.

 

[CHACHA"G"]

Dallas and Dhaka both start with D....so DUDE....Please elevate your thinking you BUTTHURT.

Its hillarious how they keep making new enemies here on this forum and dbl down on it. Their ego has no limit and fills up gaping hole left by reality.

lol man they forgot 1 billion $$ house in Bombay …. Maybe they are jealous … oh no wait ,,, you are jealous so dam jealous that one of you made 1 Billion$$ house …. lmao
LOL no other city in south Asia can match Some part of Dhaka can you guess that part I have one in my mind

In the end just enjoy bro.. Majority of them are on payroll of BD Govt . They have to earn money for their families ….. LOL I enjoyed the part where BDeshis members bring in Indonesia and Malaysia ,, that is hell funny..

 

[UKBengali]

Dallas and Dhaka both start with D....so DUDE....Please elevate your thinking you BUTTHURT.

Its hillarious how they keep making new enemies here on this forum and dbl down on it. Their ego has no limit and fills up gaping hole left by reality.

Dude, how is stating the truth making enemies?

Let us look at the GDP per capita of the 3 respective capital cities:

1. Jakarta - 20,000 US dollars nominal
2. Kuala Lumpur - 30,000 US dollars nominal
3. Singapore - 60,000 US dollars nominal

Ok. maybe Jakarta can be somewhat compared to Kuala Lumpur but nowhere near Singapore. @Marine Rouge should know that her country is not comparable to Malaysia, let alone Singapore.

And anyway why is 4,500 GDP per capita Indonesia has one city with a per capita of 20,000 US dollar anyway? Just goes to show how unequal the country is.

Putting stability before economic growth is one of the strategies taken by our policy makers, especially by Minister Sri Mulyani. This is due to the fact that the aftermath of 2008 financial crisis in advanced countries has put Indonesia vulnerable to any external factors.

The basic story of financial crisis is the same everywhere. The financial turmoils experienced over the last two decades (Asian Crisis 1998 and 2008 Crisis) has led to a renewed interest in the effect of Indonesia's traditional reliance on commodity exports that is not healthy for our economy in the long run.

On the other hand, Indonesia's transition to become a high income country will be messy as it is not until recently we are aware of the importance of the quality of our human resources.

Many have been done by the government in attempt to improve the socio economy situation with various results. In general, what the Indonesian government is doing now is to promote greater openness to foreign direct investment in the manufacturing, digital economy and education sectors. Doing so would put Indonesia on the right reform path.

In short, though politically contentious, prioritizing stability could be billed domestically as a strategic response to rising global protectionism and at the same time to generate the productivity gains needed to make faster growth more sustainable.

So will Indonesia end up as the SE Asian Brazil or will it become the United States?


What concrete long term plans are in place to raise the human resources of the country? Remember no big daddy is there to help Indonesia. Neither USA or China would like a developed Indonesia that would totally dominate the region's land, air and seas and hampering both their global ambitions.

 

[pragmatic_dude]

Dude, how is stating the truth making enemies?

Let us look at the GDP per capita of the 3 respective capital cities:

1. Jakarta - 20,000 US dollars nominal
2. Kuala Lumpur - 30,000 US dollars nominal
3. Singapore - 60,000 US dollars nominal

Ok. maybe Jakarta can be somewhat compared to Kuala Lumpur but nowhere near Singapore. @Marine Rouge should know that her country is not comparable to Malaysia, let alone Singapore.

And anyway why is 4,500 GDP per capita Indonesia has one city with a per capita of 20,000 US dollar anyway? Just goes to show how unequal the country is.




So will Indonesia end up as the SE Asian Brazil or will it become the United States?


What concrete long term plans are in place to raise the human resources of the country? Remember no big daddy is there to help Indonesia. Neither USA or China would like a developed Indonesia that would total dominate the region's land, air and seas and hampering both their global ambitions.

Last I was reading Indonesia had the second highest number of tech startups.The place is bustling with tech hubs.

 

[AMG_12]

LOL @ putting Jakarta in the same league as Kuala Lumpur and Singapore.



Happening as we speak dude.
Japan will fund most of it through low interest loans

Dude, how is stating the truth making enemies?

Let us look at the GDP per capita of the 3 respective capital cities:

1. Jakarta - 20,000 US dollars nominal
2. Kuala Lumpur - 30,000 US dollars nominal
3. Singapore - 60,000 US dollars nominal

Ok. maybe Jakarta can be somewhat compared to Kuala Lumpur but nowhere near Singapore. @Marine Rouge should know that her country is not comparable to Malaysia, let alone Singapore.

And anyway why is 4,500 GDP per capita Indonesia has one city with a per capita of 20,000 US dollar anyway? Just goes to show how unequal the country is.




So will Indonesia end up as the SE Asian Brazil or will it become the United States?


What concrete long term plans are in place to raise the human resources of the country? Remember no big daddy is there to help Indonesia. Neither USA or China would like a developed Indonesia that would totally dominate the region's land, air and seas and hampering both their global ambitions.

Having lived in Kuala Lumpur and visited both Singapore and Jakarta, the only problem or dissimilarity I witnessed in Jakarta was its overcrowdedness and traffic problems. Other than that, it's among my favourite in SEA.
But of course Dhaka is South Asia's Singapore with its world class infrastructure and 70000% growth rate.

 

[Pirupiru]

Dude, how is stating the truth making enemies?

Let us look at the GDP per capita of the 3 respective capital cities:

1. Jakarta - 20,000 US dollars nominal
2. Kuala Lumpur - 30,000 US dollars nominal
3. Singapore - 60,000 US dollars nominal

Ok. maybe Jakarta can be somewhat compared to Kuala Lumpur but nowhere near Singapore. @Marine Rouge should know that her country is not comparable to Malaysia, let alone Singapore.

And anyway why is 4,500 GDP per capita Indonesia has one city with a per capita of 20,000 US dollar anyway? Just goes to show how unequal the country is.

So will Indonesia end up as the SE Asian Brazil or will it become the United States?

What concrete long term plans are in place to raise the human resources of the country? Remember no big daddy is there to help Indonesia. Neither USA or China would like a developed Indonesia that would totally dominate the region's land, air and seas and hampering both their global ambitions.

To be precise, GDP per capita of Jakarta in 2018 stood at US$ 17.439.

Actually, Indonesia has got several cities with per capita income more than US$ 10,000/year. GDP per capita of Surabaya, the second largest city in Indonesia with 3 million population, was around US$14,300 in 2018. Per capita income of Bandung, the third largest city in Indonesia, is quite decent too with US$ 11.000. So are other industrial cities like Medan, Batam, Pekanbaru or Balikpapan.

Surabaya, second largest city in Indonesia

It is the geographical features of Indonesia that have been a drag on the economy as tens of millions of people are in an unfortunate environment to contribute greatly in Indonesia's economy. Indonesia's infrastructure needs are not distributed equally across the archipelago. That is why infrastructure projects have been pushed nationwide.

However, Indonesia is very, very far from being Brazil of Southeast Asia with its infamous inequality. Check the Gini coefficient of Indonesia. The countries you mentioned, Singapore and Malaysia, in fact have more worrying income inequality.

As far as I know, Indonesians, or its government in specific, have no global ambitions whatsoever. We are a very inward looking country that prefers to focus on our business rather than to be somebody. We are happy if we are surrounded by our family and friends.

You can observe this quality by looking at this fact; Indonesia is the 4th most populous country on the earth but our diaspora is very minimal. Indonesia is not even among the top 10 recipient countries for remittances.

 

[UKBengali]

To be precise, GDP per capita of Jakarta in 2018 stood at US$ 17.439.

Actually, Indonesia has got several cities with per capita income more than US$ 10,000/year. GDP per capita of Surabaya, the second largest city in Indonesia with 3 million population, was around US$14,300 in 2018. Per capita income of Bandung, the third largest city in Indonesia, is quite decent too with US$ 11.000. So are other industrial cities like Medan, Batam, Pekanbaru or Balikpapan.

Surabaya, second largest city in Indonesia

It is the geographical features of Indonesia that have been a drag on the economy as tens of millions of people are in an unfortunate environment to contribute greatly in Indonesia's economy. Indonesia's infrastructure needs are not distributed equally across the archipelago. That is why infrastructure projects have been pushed nationwide.

However, Indonesia is very, very far from being Brazil of Southeast Asia with its infamous inequality. Check the Gini coefficient of Indonesia. The countries you mentioned, Singapore and Malaysia, in fact have more worrying income inequality.

As far as I know, Indonesians, or its government in specific, have no global ambitions whatsoever. We are a very inward looking country that prefers to focus on our business rather than to be somebody. We are happy if we are surrounded by our family and friends.

You can observe this quality by looking at this fact; Indonesia is the 4th most populous country on the earth but our diaspora is very minimal. Indonesia is not even among the top 10 recipient countries for remittances.

I agree with many things you say but not about how much power Indonesia will have if say it becomes developed by 2050.

A country of 300 million that straddles the border of India and Pacific Oceans would have total dominance of the gateway.
You will be forced by economics to build powerful military forces.
Both USA and China do not want a developed Indonesia of course.

 

[Pirupiru]

I agree with many things you say but not about how much power Indonesia will have if say it becomes developed by 2050.

A country of 300 million that straddles the border of India and Pacific Oceans would have total dominance of the gateway.
You will be forced by economics to build powerful military forces.
Both USA and China do not want a developed Indonesia of course.

May I ask? Why USA and China do not want a developed Indonesia? How about Bangladesh? Do they allow your country to develop?

 

[UKBengali]

May I ask? Why USA and China do not want a developed Indonesia? How about Bangladesh? Do they allow your country to develop?

Why would they?

300 million population developed Indonesia would become the superpower of the region and USN and PLAAN would know that Indonesia could block their freedom to move from Indian Ocean to Pacific and vice-versa at any time.

 

[Nike]

Indonesia is a mature country at international stage, with little hiccups for their foreign policy, had tendency to do everything by diplomacy and rarely intervene their smaller neighbor (last time military intervention is happened more than four decades ago) , stable and functioning democracy, stable and effective government system, friendly attitude against all major power and had no stakes at many international issues or conflict. There is no need for US or china to wary against us

 

[bluesky]

@UKBengali, when are you going to clean the Dhaka City so that we can claim to be living in a poor but civilized country? Here you are boasting about a future RSTP when the City is what the pictures below say. Never think that a few random civil engineering projects here and there can make a country develop.

It is no wonder that tourists do not visit Bangladesh and they will not visit even after your RSTP projects are completed.

https://bdnews24.com/media-en/2019/07/05/july-05-2019