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Harvard research puts BD in low growth category

It projected that Bangladesh economy would grow by 2.82 per cent annually on average until 2025.
2025 is only 7 years left.I don't know, what catastrophe will hit Bangladesh within this 7 years that, our growth will suddenly crash into 2.82 percent from 6-7 percent going for many years!

@gslv mk3 @Mr Javed @Logicaldude @Species @TopCat @Bilal9 Is there any asteroid going to impact in Bangladesh before 2025? Have you any news?
 
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2025 is only 7 years left.I don't know, what catastrophe will hit Bangladesh within this 7 years that, our growth will suddenly crash into 2.82 percent from 6-7 percent going for many years!

@gslv mk3 @Mr Javed @Logicaldude @Species @TopCat @Bilal9 Is there any asteroid going to impact in Bangladesh before 2025? Have you any news?

Sounds unlikely as long as your current growth figures are reliable.
 
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2025 is only 7 years left.I don't know, what catastrophe will hit Bangladesh within this 7 years that, our growth will suddenly crash into 2.82 percent from 6-7 percent going for many years!

@gslv mk3 @Mr Javed @Logicaldude @Species @TopCat @Bilal9 Is there any asteroid going to impact in Bangladesh before 2025? Have you any news?

might be the govt of hasina changed and real picture came out.
 
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might be the govt of hasina changed and real picture came out.
Exactly! IMF, World bank, UN, ADB all take direction from Hasina to show Bangladesh economy in good light.Once Hasina falls, Their data will look exactly the same as this Harvard research paper.I sometimes wonder how did Hasina became so powerful that those world body take her direction without any question and put nuclear Pakistan's economy in bad light at the behest of Hasina? It was Hasina who directed all these international agency to show Pakistan's low GDP growth rate, Have you noticed Pakistan's economy started to suffer form 2009 when Hasina came to power? Nawaz Sharif, Zardari are nothing in front of Hasina.
 
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Exactly! IMF, World bank, UN, ADB all take direction from Hasina to show Bangladesh economy in good light.Once Hasina falls, Their data will look exactly the same as this Harvard research paper.I sometimes wonder how did Hasina became so powerful that those world body take her direction without any question and put nuclear Pakistan's economy in bad light at the behest of Hasina? It was Hasina who directed all these international agency to show Pakistan's low GDP growth rate, Have you noticed Pakistan's economy started to suffer form 2009 when Hasina came to power?
lol who said WB & IMF take directions from Hasina? according to every intl institution Pakistan Economy is ahead of Bangladesh and will be in current century even the Gap is increasing so hold your horses and pray that what hasina govt is showing is real.
 
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Sounds unlikely as long as your current growth figures are reliable.
GDP growth rate in Bangladesh never fell below 5 percent in the last 14 years.And for last 10 years, it is increasing more than 6 percent average.We can be at least sure that GDP growth in 2017-2018 will be around 7 percent.So we have 6 more years to pull down growth figure below 3 percent.But the problem is, all other economic indicators are more or less stable.Only bad sign in economy at this moment is falling remittance.But this is not only a BD specific problem.Al most all the major remittance earner seen decline in recent years.And importance of remittance in BD's economy has declined over time.Remittance now constitute only 5 percent of GNI.

One of the best indicator to predict near term economic growth is Gross capital formation as % of GDP. Which stand 30 percent for Bangladesh.This is a healthy rate.
http://data.worldbank.org/indicator/NE.GDI.TOTL.ZS?locations=BD

Our FDI also increasing steadily and we are 2nd in South Asia at receiving FDI.
Bangladesh receives US$2.3b FDI in 2016
http://www.theindependentbd.com/post/98457

Our material consumption are increasing fast and our industrial/manufacturing sector is growing at double digit.
Bangladesh’s growth 7.11pc riding on industries
http://www.thedailystar.net/business/bangladeshs-growth-71pc-riding-industries-1304122

Moreover there are a large number of infrastructure project is going on and many more on pipeline.Tens of billion's of dollar money is being injected in our economy by China, India, Japan, Russia, World Bank, ADB and others.
Xi Jinping visits Bangladesh, provides $24 billion loan to fund projects
http://www.tehelka.com/2016/10/xi-j...sh-provides-24-billion-loan-to-fund-projects/

So where is the sign of crash?
 
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Sounds unlikely as long as your current growth figures are reliable.
No institute(Bangladeshi or international) put BD's growth rate below 6 for even a year for the last decade. The growth rate can slow down of course but I wonder what will it take to go down to 2.8%....we're planning go grow more than 8% a year after our infrastructures improve a bit.


Lastly this report seems like a RAW conspiracy. Putting India with Uganda at top......damn those Research and Analysis Wing agents.
 
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2025 is only 7 years left.I don't know, what catastrophe will hit Bangladesh within this 7 years that, our growth will suddenly crash into 2.82 percent from 6-7 percent going for many years!

@gslv mk3 @Mr Javed @Logicaldude @Species @TopCat @Bilal9 Is there any asteroid going to impact in Bangladesh before 2025? Have you any news?

Well it could, but asteroid hits aren't precision hits, it could hit a little to the left.....
 
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Well it could, but asteroid hits aren't precision hits, it could hit a little to the left.....

I thought BD which is three decades ahead of India can develop an asteroid defense system...

The report classify Bangladesh as a country which has 'too few productive capabilities to easily diversify into related products'. I think that says everything.
 
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YOu got no clue about harvard. Have you ever been to harvard or you only heard the name of it?
For your info Swami ji was also a teacher of Harvard.
Swamiji's IQ is more than combined IQ of some Bangladeshi posters here.
 
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Lol What a stupid article!
BD would need a collapsed political
system for growth to average 2.8% till
2025.
Is there any miracle medicine that can upgrade the growth, such as devaluation or revaluation of currency?
 
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I disagree with my Bengladeshi friends about this being an Indian conspiracy. Even if the economist behind this report is of Indian origin, I doubt he/she will put his credibility on the line just to belittle your economy or to put Indian economy in a better light than it really is.

Human Development Index, for example, was created by a Pakistani economist. Its not that somehow it put Pakistan appear in a much better shape than it really is, on the contrary Pakistan is one of the worst performing countries when it comes to HDI.

Swamiji's IQ is more than combined IQ of some Bangladeshi posters here.
Yep calling for a nuclear war that will kill millions of people on both sides of the border, just to solve your Pakistan problem showcases how high an IQ Swamiji has.
 
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This thread in a nutshell illustrates why BD and Bangladeshis will never be treated seriously or with an iota of genuine respect by ANYONE that matters (including themselves).

They can't even be bothered to READ what is being talked about in the report....and automatically run to blaming India/Indian author (and if you know anything about the CID, you would very well know there isn't just one author, neither would all or even majority of them be "Indian").

What is being talked about in the context of 2.82% growth for BD is the growth in economic complexity (as in the ECI index)....not realised economic growth of GDP (nominal, PPP or otherwise)....which BD people here are jumping up and down and crying about like a bunch of bratty 3 year olds that didn't get their milk. :cry::cry:

http://atlas.cid.harvard.edu/rankings/growth-predictions/

Economic Complexity Global Growth Projections: Predicted Annual Growth Rate to 2025

Ranking data:

http://atlas.cid.harvard.edu/rankings/country/2015/

Given Bangladesh over 2010 to 2015 grew by an average of 2.5% in economic complexity...is projecting 2.8% for next 10 year bloc really ridiculous assertion to make? What's scary is the massive decline (negative growth) over last few years.

ECI 2010:

BD = -1.503 (Rank 117)
IND = -0.084 (Rank 59)
PAK = -0.955 (Rank 97)
CHN = 0.762 (Rank 28)

ECI 2013:

BD = -1.2 (Rank 109)
IND = 0.09 (Rank 53)
PAK = -0.9 (Rank 97)
CHN = 1.12 (Rank 21)


ECI 2015:

BD = -1.34 (Rank 117)
IND = 0.1 (Rank 48)
PAK = -0.92 (Rank 100)
CHN = 1.035 (Rank 26)

(I'm guessing 0 represents world average)

As a side note this is part of the major reason why BD PPP multiplier will continue to remain bad and get even worse esp with BD institutional quality remaining bad (and even getting worse), reform pace dithering, but BD govt feeling expanding its footprint on the BD economy through any means necessary (a political money grab being disguised as better economic policy).
 
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