High hope comes crashing down

[BL33D]

He is being sarcastic and drole. Bluesky is one of best posters here heh.

Oh I did a Sheldon.

 

[TopCat]

These flooding of american goods is the worst scenario for your FMCG industries. I dont know why you are happy about screwing your own industry. America will try to sell to any country with a huge population. And its only gonna drain your Forex.

We are open to business and trade. I hope BD will wrap up free trade agreement with USA soon. USA has its strength so has BD.

 

[UKBengali]

Such unsubstantiated optimistic forecasting is a deep disease amongst the sub-continental politicians.
Indians draw a straight graph of India becoming a "superpower" in just a few years. NO, NOT GOING TO HAPPEN. Vast amounts of luck and undigestable reforms and a focus away from identity politics MAY help india get there half way in twice the time.
Pakistans problems are endemic and cannot be cured without multi generational effort and a pursuit of a different non-ideology. That with luck may take 50 years
Bangladesh's remarkable growth IS NOT A GUARANTEE of continuing growth in a straight line. A lot can, and probably will go wrong.

India failed to achieve does not mean BD will fail to achieve.

Those who achieve plan decades in advance.

Singapore was built with a 50 year plan as an example.

India and BD are fundamentally different countries and so Indian failure cannot be used to say BD is likely to fail.

 

[bluesky]

These flooding of american goods is the worst scenario for your FMCG industries. I dont know why you are happy about screwing your own industry. America will try to sell to any country with a huge population. And its only gonna drain your Forex.

Our population is increasing, though at a little pace now and our consumption level is going up. We need better food on the plates. Our land is too small to produce an optimum quantity of food, especially when the demand for food will only increase along with the economic wellbeing of the population.

Ours will reach a stage when lands will be used to build many more schools, industries, shopping centers, markets, and roads throughout the country. So, lesser areas of land will be free to produce food. America is a vast country and virtually, it can produce food to feed the entire world. So, with a further economic development, BD will find it cheap to import a significant quantity of food from America.

Thing is, our country is already importing food from many countries including India. Do not think a small BD can produce all the food items in its soil. Why do we have to worry if America is a tiger or a cat?

 

[bananarepublic]

Such unsubstantiated optimistic forecasting is a deep disease amongst the sub-continental politicians.
Indians draw a straight graph of India becoming a "superpower" in just a few years. NO, NOT GOING TO HAPPEN. Vast amounts of luck and undigestable reforms and a focus away from identity politics MAY help india get there half way in twice the time.
Pakistans problems are endemic and cannot be cured without multi generational effort and a pursuit of a different non-ideology. That with luck may take 50 years
Bangladesh's remarkable growth IS NOT A GUARANTEE of continuing growth in a straight line. A lot can, and probably will go wrong.

Bangladesh's problem is even worse , not moving on from 71. Playing petty politics on the boggyman scenario.
Worse yet is Bangladesh is a country devoid of any natural resources and the fact that their only resource "its human population" is not being invested upon substantially their economic growth won't go any further.
The endemic structural problems of Pakistan will be fixed in the next 7 to 8 years. We have ample recourses to leverage and a good pool of knowledgeable and experienced people to help us achieve it.

 

[Turingsage]

India failed to achieve does not mean BD will fail to achieve.

Those who achieve plan decades in advance.

Singapore was built with a 50 year plan as an example.

India and BD are fundamentally different countries and so Indian failure cannot be used to say BD is likely to fail.

You can believe whatever fairy tales that makes it stand up like a flagpole for you

 

[UKBengali]

You can believe whatever fairy tales that makes it stand up like a flagpole for you

Stop trying to lump BD in with Indian failure to get some comfort.
Your economic growth has shot down to 5% while still piss poor.
Good luck trying to even get to middle income at this rate.

Only thing BD has in common with India is that it is in S Asia.

Bangladesh's problem is even worse , not moving on from 71. Playing petty politics on the boggyman scenario.
Worse yet is Bangladesh is a country devoid of any natural resources and the fact that their only resource "its human population" is not being invested upon substantially their economic growth won't go any further.
The endemic structural problems of Pakistan will be fixed in the next 7 to 8 years. We have ample recourses to leverage and a good pool of knowledgeable and experienced people to help us achieve it.

Achieve first before projecting for the future dude.

Question: What was the highest per capita average growth Pakistan achieved in any decade since independence?
East Asian economies did 7%+ sustained for decades last century.

Now you are at 0% per capita growth and so are not exactly in great economic shape.

 

[Gibbs]

Achieve first before projecting for the future dude.

Vindaloo "dude" here takes the cake mates.. She truly is something

@Nilgiri @Desert Fox

 

[Homo Sapiens]

It will go up and down. Keep up the good work with economy, investors will take time to find you !

True. I noticed that, this sensationalist headline by an average journalist have made ecstatic of some of the members here with the thought of impending doom of Bangladesh economy. But this is not the way on how economy works. Firstly, FDI is still a small part of our economy and after the very high and unusual growth rate in the previous year, it is normal to come down. FDI will rise and fall year to year given the global trends. What we need to look is the long term (10 years) trends. Here our FDI growth is pretty much healthy. Risen from 1 billion dollar to more than 3 billion dollar. FDI is expected to pick-up once the 100 SEZs start production one by one. I am not saying there is no risks or roadblock. Obviously there are and we need to work hard to overcome those, but predicting economic ruin by looking a single year data or one, two variable is not right. Our economic growth rate is bound to slow in the future, as no economy can sustain 7-8 percent growth rate for perpetuity. But when that time will come, we do not know. We need to strive hard to maintain our current growth momentum. For this, incremental rise in investment in education, health, infrastructure is a must, maintaining political stability is a must as well as enacting business friendly policies.

 

[fallstuff]

True. I noticed that, this sensationalist headline by an average journalist have made ecstatic of some of the members here with the thought of impending doom of Bangladesh economy. But this is not the way on how economy works. Firstly, FDI is still a small part of our economy and after the very high and unusual growth rate in the previous year, it is normal to come down. FDI will rise and fall year to year given the global trends. What we need to look is the long term (10 years) trends. Here our FDI growth is pretty much healthy. Risen from 1 billion dollar to more than 3 billion dollar. FDI is expected to pick-up once the 100 SEZs start production one by one. I am not saying there is no risks or roadblock. Obviously there are and we need to work hard to overcome those, but predicting economic ruin by looking a single year data or one, two variable is not right. Our economic growth rate is bound to slow in the future, as no economy can sustain 7-8 percent growth rate for perpetuity. But when that time will come, we do not know. We need to strive hard to maintain our current growth momentum. For this, incremental rise in investment in education, health, infrastructure is a must, maintaining political stability is a must as well as enacting business friendly policies.

Newspaper people gotta sell news stories, as they say no news like bad news !

 

[UKBengali]

True. I noticed that, this sensationalist headline by an average journalist have made ecstatic of some of the members here with the thought of impending doom of Bangladesh economy. But this is not the way on how economy works. Firstly, FDI is still a small part of our economy and after the very high and unusual growth rate in the previous year, it is normal to come down. FDI will rise and fall year to year given the global trends. What we need to look is the long term (10 years) trends. Here our FDI growth is pretty much healthy. Risen from 1 billion dollar to more than 3 billion dollar. FDI is expected to pick-up once the 100 SEZs start production one by one. I am not saying there is no risks or roadblock. Obviously there are and we need to work hard to overcome those, but predicting economic ruin by looking a single year data or one, two variable is not right. Our economic growth rate is bound to slow in the future, as no economy can sustain 7-8 percent growth rate for perpetuity. But when that time will come, we do not know. We need to strive hard to maintain our current growth momentum. For this, incremental rise in investment in education, health, infrastructure is a must, maintaining political stability is a must as well as enacting business friendly policies.

Their countries failed( one at 0% per capita growth and another down to 4% per capita growth) and so would love for BD to do the same.

Losers.