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Thursday, May 12, 2011

[chottala.com] GDP gap BD vs. Pakistan?

Banga BonDho Sh. Mujib had the right idea. He had wanted to impose Communism. Communism has proven to be the fastest way to advance. Russia was the poorest of Europe. Just in 35 years, not only it had become the richest country of the world but the most advanced and a World Super Power. Communist China now is advancing fastest in history of world. 

---, Nazmud Duza <nazmudduza@...> wrote:
>
> Widened gap  of GDP per capita is not a product of independence of Bangladesh.
> A score of reasons are there, and you cannot generalize or simplify it. Every item you have to judge on its own merit act accordingly.
>
> 1. Vicinity to Middle East causes less expense for manpower export and higher Foreign Exchange earnings. ME has grown mostly from early 70s.
> 2. Money from US for Afganistan.
> 3. Larger land size yielded larger mineral resource like higher natural gas, oil and hydro.
> .. With these we have nothing to do.
> But for the following items we have things to ponder...
>
> Nationalized economy or socialistic or mixed or interventionist economy.... Nationalization have kicked out non Bengali kinsmen of pakistani autocrats from their business empire, and while privatization took place Bengali business people rose providing jobs and subcontracts to Bengalis. But it caused deceleration of economic growth during Bangabandhu era. But you have to remember in USA, the most powerful nation not the majority Christians are ruling the economy but the scant minority Jewish are dominating..  CNN, Pepsi, Coke, Warner Bros, Stephen Spielberg........... Malaysia the most advanced Muslim country, economy is ruled by Chinese. Bangabandhu thru nationalization made our economy free of West Pakistani businessmen who enjoyed the fruit of closeness with illegitimate army rullers. Though at a cost of decelerated growth of economy which was later revived out by Zia and Ershad thru privatization. Privatization has given the impetus to economy
>  through EPZ, RMG, Private Banks, Pharmaceuticals, Mobile Cos, Construction Industry.
> So in recent years growth of Bangladesh is higher than Pakistan.
>
> Though the Awami League group has a perception that ..
> 1. India is something very big, very successful, very much in the imposing vicinity around Bangladesh that we cannot do without India..
> 2. Business people are profit mongers, they are robbers, they are thieves, and Govt. requires interfere and intervene into business and pricing.
> 3. Dr. MAMuhit does not understand how Bangladesh is growing and growth of Bangladesh defies the rules of economics.
> BBBBBBBBBBut.......
>
> Bangladesh has access to sea route, it is not land locked. There is a term LLDC (Land Locked Developing Country) in global economy side by side LDC. All LLDCs cannot perform well due to blockade of marine trade route. As we have sea route we can give a damn to India, rather Indian 7 sisters require us for marine route which we are giving away for free.