Dont care if you get to whatever nominal per capita amount if your people still consume wretched amounts of actual physical goods (and are unable to unlock the nominal conversion amount given its based on just whats traded....and no common peasant in BD is going to convert all his earnings to USD to buy his daily bread from pure import).
I'm glad this conversation prompted me to look into BD consumption basket. More than 53% spent on food by the average household. That explains a lot about why BD consumes
wretchedly low amounts of steel, cement, energy, transport etc per person. I hold very little optimism for BD given they are not growing in any consumption parameters by any significant degree given how low the base is to start out with.
As soon as the RMG model gets saturated, it will be back to below 5% real growth and worse again given your
future workforce skills are projected to still be worse than India's
current one (and BAL and the elite in general are still doing next to nothing to address it):
https://defence.pk/pdf/threads/whats-holding-back-bangladesh.474841/#post-9149084
This will combine with a difficult environmental and demographic time for BD. Sit back and watch the fun.
Just like BD scores terribly on diet diversity, it is just as bad (or even worse) on economic diversity. The utter failure of companies like Walton (which had all kinds of rosy projections in this very forum from just a few years back which have now gone silent) is a glowing indication of that. More will come crashing down as time progresses and more people strain against the sole RMG driven economic ceiling.
