Bangladesh Economy

Here is some interesting evidence on the relative performance of S Asian economies. We can all produce whatever evidence we need to dispute official data that comes out but there is always evidence that looks like it contradicts this. I am not disputing Indian GDP per capita numbers but to say it is higher than BD when it has a serious hunger issue unlike BD is a bit of a stretch.


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No, the degree of hunger problem and GDP does not correlate 100%. if this data is correct then it could be explained through potential higher income inequality in India.

But calculated higher GDP per Capita than BD would still be correct.
 
No, the degree of hunger problem and GDP does not correlate 100%. if this data is correct then it could be explained through potential higher income inequality in India.

But calculated higher GDP per Capita than BD would still be correct.


Yet again you are responding without thinking through what I am trying to say properly.

I am not ruling out that India has higher gdp per capita than BD but saying it is unlikely based on the hunger index.

India would need to have extremely higher income inequality than BD for it to have higher GDP per capita than BD.

Can accept it may be 10% or so higher but anything much more than this is nigh on impossible. People in BD get 3 square meals a day but this does not happen in India.

This thread was started by an Indian to disparage BD but he should take a look at the hunger problems in his own country first it seems.
 
Here is some interesting evidence on the relative performance of S Asian economies. We can all produce whatever evidence we need to dispute official data that comes out but there is always evidence that looks like it contradicts this. I am not disputing Indian GDP per capita numbers but to say it is higher than BD when it has a serious hunger issue unlike BD is a bit of a stretch.


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Anyway, do you have any credible reference for claiming BD's GDP is $200 billions? Otherwise, this is futile.
It was my estimation, could be more or less. But then, multiple consumption and production figures point that Bangladesh GDP is overinflated.
People in BD get 3 square meals a day but this does not happen in India.
LoL
 
It was my estimation, could be more or less. But then, multiple consumption and production figures point that Bangladesh GDP is overinflated.

So, it's your personal opinion. Anyway, that's why I refered to the economist I talked to in my previous post.
 
So, it's your personal opinion. Anyway, that's why I refered to the economist I talked to in my previous post.
Personal opinion? I don't think so. Almost daily your own media writes articles questioning your own GDP figures.

You can't have higher GDP per capita with a fraction of India's consumption and production. There's barely anything which you produce or consume more than us per capita other than maybe rice.
 
Personal opinion? I don't think so. Almost daily your own media writes articles questioning your own GDP figures.

That is objectively not true. BD Media don't write daily questioning GDP figures.

You can't have higher GDP per capita with a fraction of India's consumption and production. There's barely anything which you produce or consume more than us per capita other than maybe rice.

I never said, we have higher GDP per capita than India. In fact, my original post was exactly criticizing such claim.

But now you are engaging dishonestly and trying to put words in my mouth. So, politely piss off.
 
That is objectively not true. BD Media don't write daily questioning GDP figures.



I never said, we have higher GDP per capita than India. In fact, my original post was exactly criticizing such claim.

But now you are engaging dishonestly and trying to put words in my mouth. So, politely piss off.
Again, my point stands and is verifiable. You may now proceed to believe your beliefs. Signing off...
 

Some of the statistics are heavily skewed or outright false.

Not to mention India export a huge percentage of the agricultural products that it produces (Around $50 billions) which are not consumed locally. On the other hand, Bangladesh consume vast majority of its production locally.

Anyhow this discussion won't go anywhere.
 
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Some of the statistics are heavily skewed or outright false.

Not to mention India export a huge percentage of the agricultural products that it produces (Around $50 billions) which are not consumed locally. On the other hand, Bangladesh consume vast majority of its production locally.

Anyhow this discussion won't go anywhere.


People like you are giving Indians like this succour to carry on their anti-BD agenda.

Your left hand is fighting them while the right is supporting them.
 
People like you are giving Indians like this succour to carry on their anti-BD agenda.

Your left hand is fighting them while the right is supporting them.

Bangladesh is generally on a positive trajectory. Yes there are still challenges.
But theyare managable.

Some indians of course dont like to think that the average Bangladeshi is better off than average Indian. They have too big of a ego for that. They even have some weird fantasies about illegal Bangladeshis. Which makes them feel as if theyre are a Western country. Another side effect of Indian inferiority complex vis a vis white westerners.

What make me proud is that the people of BD is fighting against all odds since its independence, and still doing some really good things. The future of bangali people lies in the fait of Bangladesh. For bengali as people to survive and thrive in this unforgiving world, Bangladesh must succeed. There are no other choice.

But BD must clean up its own house and that starts with accountability for political descisions. I dont know how but the level of corruption must end. Whatever it takes.
 
Yes, this is the biggest question. India could do those reforms because it has institutional democracy. I mean, without somewhat free and fair election there never going to be basic form of accountability in our cultural setting. Because current ruling party acting and feel like they are in it for life, so they can do whatever they want. The sheer level of looting and mismanagement is mind blowing. And now those are paying off. And state has to carry the burden.

And you are right, a great deal of BD's national politics has been about vengeance. And it costed us dearly. And yes it's a bunch rabbit holes. No one knows what to believe and it only paddle more conspiracies. Though for the record, Hassina never seriously accused Zia of being involved in the killing of Mujeeb. But that hasn't stoped the blood feud for a bit. It's been going on for decades.

Many fear, the worse is yet to come. The economic crisis is just the tip of the iceberg. Hassina is approaching 80 without any credible and feasible road map for succession. Very few believe BAL will be able to hold it togather after her. Because simply there is no one who could do it. I guess the crisis of succession is one of the main characteristics of autocracy. Mr, Vlad (on a much bigger and greater setting) also runs into the same problem.
Yah not zia directly, I was careful to say "the other side", i.e whomever is not BAL is all a blob out to get her in various ways etc. Its a defence mechanism, very sad and tragic it has happened to BD (both mujeeb + family and then Ziaur Rahman as well getting assassinated)... otherwise I think BD would have had fair shot at some level of core institutionalism as far as proper checks and balances outside the executive, transfer of power, independent election commisions and so on.

BD is very homogeneous, its almost fully Bengali people, its capital is smack bang in middle....CTG is only real city that approaches Dhaka's scale etc.

India's relative heterogeneous array (various river valleys, cities, regions etc) meant that there was no other choice but institutional building to handle this. You can't centralise everything to be done in say the south... in Delhi.....the south is fundamentally very different context in many ways. The country would break apart with brittle centralisation basically.

So even when Delhi flexes and consolidates northern india politics, there are still immense regions of India with different state govts (with different opposition parties able to run them) to federal Delhi....all the time. This always adds significant counterforce to any autocracy developing in Delhi.

This kind of thing just isnt there in BD's context (and it was heavily squandered in the previous Pakistan arc before it that had its rawer potential to develop it, leading to BD in first place)...i.e its easier to develop and entrench autocracy in BD.

Anyway BD has a lot of things going for it....all said and done and I wish it the best.

The social indicators are decent overall for south asian average....and its all a matter of competent investment now for 10 - 20 years......if only it could make a better account of itself in political domain so it hears out and responds to things more transparently from its people.....because its only with this social trust that larger corporations of heft can grow, more intellectualism "feels trusted/safe" and can bear fruit and so on. Polarisation creates a fear....and BD is its own unique country in the end.
 
No, the degree of hunger problem and GDP does not correlate 100%. if this data is correct then it could be explained through potential higher income inequality in India.

But calculated higher GDP per Capita than BD would still be correct.

GHI is malnutrition focused rather than hunger per se.

I find it a useful measure to some degree only within a country (over time), as each country has different statistical standards and capacities in end.

I mean Ethiopia objectively has sadly had tremendous relapse in malnutrition (and actual hunger and even starvation too)..... one can look at the deaths that have happened in last 3 - 4 years made worse by the Tigray conflict and other conflicts going on....the large amount of food aid that the UN has gotten involved in with relief efforts etc.

Yet Ethiopia ranks 10 or so ranks better than India. In the end GHI has to rely on Ethiopia's internal surveying and so on (whatever Ethiopia's version of the Indian NFHS is etc).

So in the end it just shows Ethiopia has 2x, 3x or X times worse statistical capacity on this relative to say India (and its NFHS etc).

I mean past GHI, I can simply read NFHS directly in detail to begin with....and read debates about its pros and cons and improvements....and policy changes etc...and these are really just relevant to the country's context....rather than cross-country comparison relevance as they systems are not the exact same people and processes measuring everything.

These guys actually go into some of the issues (related to poverty and especially their criticism of Multi-poverty index):
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These vary for different countries in the end. Regarding the stuff GHI focuses on.... NFHS for example samples about 600k households, BD DHS samples about 30k households in its latest one. Of course this doesnt imply anything qualitatively (that is a deeper dive to get into regarding methodology to minimise bias in the sampling etc)....but just to show there are differences between countries that give implied error bounds for each data point (well before you agglomerate into an index).

That said, the main culprit of the issue is vast hinterland between Delhi and Calcutta that has huge voids of governance/administration aptitude for delivery, that has built up a void this long for all kinds of reasons. BD has done better here overall in lot of areas (kind of like South India, which brings the Indian average higher in end).

But overall in end, given where south asia is on the GDP/capita range currently as whole, you can safely say 80% base of people everywhere in south asia are doing overall the same economically (whatever the social indicator delivery/situation...which ofc we want to be as good as possible even with very low incomes).... the 20% (or less) is tugged at vertically a bit more nowadays in India...and the hope is this tugs on the 80% larger mass to rise it too....but its slow process. But really the splitting hairs over any income level below 10k per capita is kind of redundant as that 80% base is largely the same in end in this range, its fully driven by the apex and their resources at hand (i.e its really only past 10k you get sizeable change in the 80% at a faster rate).
 
@Afif bhai,

Anyway, do you have any credible reference for claiming BD's GDP is $200 billions?

No, obviously @HostileInsurgent is trolling BDs here. Certainly BD's GDP and forex reserves are bloated a little bit but it is certainly not by a factor of 100%. Might be a few % points at best.

Bangladeshis have done wonderfully under their visionary leader Bangabandhobi but it will be a stretch to claim that it is at par with India (not that IND is a great country to compare with in the first place)

Regards
 
@Afif bhai,

Anyway, do you have any credible reference for claiming BD's GDP is $200 billions?

No, obviously @HostileInsurgent is trolling BDs here. Certainly BD's GDP and forex reserves are bloated a little bit but it is certainly not by a factor of 100%. Might be a few % points at best.

Bangladeshis have done wonderfully under their visionary leader Bangabandhobi but it will be a stretch to claim that it is at par with India (not that IND is a great country to compare with in the first place)

Regards

you always produce more cringe to answer existing cringe somewhere. :rolleyes:
 
Bangladeshis have done wonderfully under their visionary leader Bangabandhobi but it will be a stretch to claim that it is at par with India (not that IND is a great country to compare with in the first place)

Regards
Looks like Bangabandhobi is in huge trouble nowadays.
 

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