Economic Growth Comparison Bangladesh and India

Looking back over the past ten years and most especially the past three years for investment returns and economic possibilities, there seems to be more growth in the past 24 months than what we have seen in over a decade. The rapidly changing international economic climate and the current government struggles with tax based polices and the continued climbing US

fallen 0.6% since August of 2011. The release by BLS (Bureau of Labor Statistics) also shows

From a perilous beginning, Bangladesh has attained notable advancements in economic and social development in about four decades. Since it won its independent in 1971 following a bloody war, many, in the international community were doubtful about the country’s long-term economic sustainability. Some observers predicted a state of continuing aid dependency, while others believed if a country with such enormous and innumerable development problems as Bangladesh could make strides in development, then possibly other developing countries could as

The recent job growth is impressive with an increase in 3.4% though the unemployment rate is still at 10% (U.S. average is 5.2%). With this recent increase, there is

GDP, or gross domestic product, is the sum total value of all goods and services produced by a country within a given year. To achieve this sum, everything produced and exported, all of the money spent by consumers and government, investments, and many other contributing factors are calculated and combined. A nation’s GDP is used as the main indicator of the economic status of that nation. In general, the higher a country’s GDP is, the greater the health of that country’s economy. However, GDP is not as helpful or accurate a calculation as “real GDP”. Real GDP is a term that refers

According to easynomics.com, from Q3 2012-Q2 2015, there was a confirmed upward trend with real GDP rising which translates to approximately 2.26 percent annual growth rate. Although the increase rate is too slow that people may not feel the recovery, but it does suggest the increase.

were in a steady quarterly range of 2% to 5%. The Russell 3000 (the broadest market index), meanwhile, posted

• As previously stated in the executive summary, the United States’ economy is currently stagnating. From week to week we may see a rise in one indicator while there is a fall in another indicator, but none of the rises or falls are drastic enough to have an overwhelming impact on the economy as a whole. Although the economy is not near as strong as it was before the 2008-2009 recession, arguably one of the biggest economic crises of the past decade, there has been much growth and strength throughout the past few years with this year being the first year in which the economy is in somewhat of a holding pattern. I believe, that even with the little growth and movement of the United States economy over the past year, it is still perhaps one of the strongest economies in the world at the moment.

2.5 percent in 2017. From 2018 through 2020, the economy would grow at an average annual rate of 2.0 percent, CBO projects. Consumer spending will be the largest single component of that growth, as it has been in the past years. However,the pickup in the growth of output from 2015 to 2016 and 2017 is likely to stem largely from faster grow with-thin investments in the business capital and housing. In the coming years, inflation is suppose to rise and as well as lowered unemployment rate will be slowly decreasing.

Analysis of a long period (1947-1971) needed for the independence of Bangladesh is mainly depicted in this book. Analysis of why a

In recent years Bangladesh has achieved rapid economic growth and significant progress in social development despite many other problems. The enviable GDP growth and many other social and environmental successes have gained until now. But still Dhaka is one of the least livable cities in the world. Political economy and urban planning both are complex and people and state oriented. Before discussing about the political economy of urban development process it is necessary to clear the concept of political economy and the economic system of Bangladesh.

over at least the last six years. The recent acceleration in the projected growth rate for

The world today (or at least most of the “developing” part) is being lead by chief institutions like the World Bank, International Monetary Fund and the United Nations and its subsidiaries, with the one central point of discussion – economic growth and development of the “poor” countries. The past few decades have witnessed major ups and downs in the economies. While some countries have experienced shrinking incomes (Zambian per capita income figures in early 1990’s as compared to 1960s (Easterly, 2002, p.42)), some have experienced a substantial increase (East Asian NICs, India, China, etc). The debates on why some countries are poor while some are significantly more prosperous and why some countries grow faster than the others have long puzzled economists while the answer to it is still quite inconclusive. Evsey Domar in his 1946 paper himself referred to ‘the rate of growth’ as ‘a concept which has been little used in economic theory’. However, much effort has been made since then to explain the process of economic growth and the determinants for it, based on which many growth theories have emerged in which Domar himself had a major role to play. While many growth theories that have been developed since, this essay will focus on a few of the classical models, the Swan-Solow neoclassical model and the “new” growth theories, discussing their relevance with present developing economies.

India is an emerging economy that is witnessing unprecedented levels of economic expansion. It is widely expected that India may overtake China as the world’s fastest growing major economy by 2015. However it is not easy to sustain high levels of economic growth rates. There were a number of countries that experienced a high economic growth rate but were unable to sustain it for a long period of time. In order to determine whether India can sustain its economic growth rate we need to study the various factors that create an impact on India’s economy.

Bangladesh is a land of the optimists. It is a country where millions of people dream of better living standards and future through their hard work and perseverance. With a dense population of nearly 154.1 million, in which there exists skilled, semi-skilled and less-skilled labor force, migration has been a primary source for the people of Bangladesh to search for employment.