ฝัง
- เผยแพร่เมื่อ 6 ก.ย. 2024
- This panel discussion was held on Dec 18, 2023 as Panel Session I during the Pathways to Development Conference 2023. #Path2Dev is a multidisciplinary conference that brought together experts from within and outside Pakistan to present the latest development research on Pakistan.
Panel Convenors: Ijaz Nabi (CDPR) & Hadia Majid (LUMS)
Panelists:
⬤ Ishrat Husain (Former Governor State Bank of Pakistan)
⬤ Sadiq Ahmed (Policy Research Institute of Bangladesh)
⬤ Rakesh Mohan (Centre for Social and Economic Progress India)
To learn more about #Path2Dev, please visit www.ideasdev.org/conference
The answer is very simple Hadia sahiba.. the people of Pakistan want to go to Jannat and the people of Bharat want Progress...😊
So that they continue to benefit in the next life and the next and so on. That's the time horizon of the thought process.
You are wrong bro ! Ppl of Pakistan are very concerned about the plight of the economy of the country .They want to get out of this situation .
@@zillahusnain3595but doing nothing. Religion ,jihad, gazwa e hind ,will not give you huge economy. If Bangladesh copies you their economy will go down faster than yours. India is doing well because our only two states think of Pakistan. Not whole India. South Indians quality of education is so so high. They are so ahead in scientific thinking,education Americans are scared of them. Pakistan just cannot dream of having that kind of focus on engineering and science. You think whole India is like you. East India doesnot even know whats Pakistan, islam. They are into Christianity, bhudhism,jew culture. They copy k pop, they are so westernized. We are 4 trillion because of hard work. Not some charity by anyone. The mentality of indians is far far ahead of Pakistan. Its on par with America,Japan,Germany. Thats why our people are invited by these countries. Our girls are winning gold medals in international sports. Just punjab is not india. South Indians are well traveled,well experienced. They are into robotics,AI,space. IT was 30 year old thing. E commerce is a huge huge thing in India. 5 trillion is our target. Then effort to double it with increasing scales. Scaling up everything is happening fast now. One idea goes viral fast. Technology is being absorbed very fast.
@@zillahusnain3595
Well pAkistan was made for hifazat of alaah and not economy
They are busy in 72 hoors and Jannat shown by Zia and have emerged as global university of Jihad.
Most Pakistani analysts have negative bias on India so they keep pointing out holes which exist in every country. Most times they will invite leftist analyst who also have negative views on India.
Leftist r always Socialist nd there economy sucks.
There's difference between welfare state nd socialist states.
It would be appreciated if your statement is supported by examples.
Bhai this analyst from India was relatively balanced.
India is going into manufacturing in a big way. We have everything manufactured in India now. From rockets to ships. 4 trillion economy is huge. Every states target is reaching 1 trillion first. UP, maharashtra, karnataka, Tamil,gujrat. They are planning for that. The competition is intense. The quality of education is being uplifted. Rural areas are doing better now
When Bangladesh got independence in 1971, Both India and Pakistan were miles ahead than us.Bangladesh started literally from zero as a war-torn country in 1971 as most of the infrastructure,road-railways,electricity were destroyed during the independence war.In fact Bangladesh is the youngest country in South Asia.Now in 2024 Bangladesh has the second largest economy of south asia after India and its Nominal GDP per capita is better than both India and Pakistan now,life expectancy is better than the other two countries and fertility rate is also less than Pakistan and India.Bangladesh's Textile industry is the second largest in the whole world only after China,Bangladesh's Electronic industry is on the rise,Ship making and breaking industry is on the rise(recently exported a big deep sea class ship to England),Bangladesh is doing great in its pharmaceutical sector,Bangladeshi Automobile brand Runner and electronic brand Walton now export their products to some other countries as well,Bangladesh recently opened their first Metro rail subway system in the capital Dhaka,Bangladesh recently constructed the first under water road tunnel of south asia Bangabandhu Tunnel under karnaphuli river,Bangladesh recently constructed the first ever 14 lane expressway in south asia purbachal expressway. Bangladeshi startups like Pathao and Bkash are even operating in some neighbouring countries(Nepal,Bhutan),The Rooppur nuclear power plant was recently inaugurated with the help of our friend Russia.Bangladesh has done exceptionally well in its socio-economic sector in the last 15-20 years that it has even outperformed its much bigger neighbour India in many things..As a Bangladeshi my self, i have seen our older generation have struggled a lot and now our generation is living a much better life and i can gladly say that we have come a long way but its still a long way to go.😊
The trajectories diverged in 711 CE, Alhamdulillah to that!
correct
Absolutely
lol
😂😂😂😂
😂😂😂🎉
8:10 - the speaker says that Pakistan was growing faster than India but forgets to also say that it was happening because a lot of dollars were coming for proxy wars, which utlimately led to long term issues for Pak. If you call that growth, congratulations!
Papisthan registered propped up “growth” during the period of Western, NATO (SEATO & CENTO) period. Once those props were pulled off in the 1990’s the economy and country itself has been steadily collapsing🙄
@@gopalramanathan7062economic bubble
Yes, these jokers, the so called experts, don't know a thing about Economics, do they?
It was all artifically created growth due to heavy inflow of money from USA.
Pakistan did not utilize that money to build industries, manufacturing units and squandered that money.
I’ve not listened to the show yet, but why this obsession with everyone conforming to the majority opinion. If left didn’t exist, wealth would only be concentrated with few- like in most western hyper capitalist systems
Its interesting that the first speaker is giving more details and apprehensions about india, and not Pakistan! As an economist, if he is so, he should know that its a common experience that as there is spurt in economic growth in any major economy, there always rise in income inequality....but it's acceptable as long as the poorer are less poorer with each passing year, and they keep on joining the middle class rapidly! Yes, there ka income inequity in India, but oh boy, there is an explosion in a middle class of india. I am 35 years old Indian, and the anectodal evidence that i see on the streets and roads as to how india has changed in comparison to my childhood is extraordinary and remarkable...note that India is just taking off at the moment. Just wait another 15-20 years....and you will see what India would become: Reclaiming the world power status once again after 500 years! While unfortunately, Pakistan is suffering from a decadent society that is incapable to produce anything good for themselves! All the best!
Ps: btw, the gross IT revenue of indian it sector is reaching about 250 billion dollars (2023), out of which 200 billion dollars is just exports! Please speak right!
India expecting service export to cross 400bil$$ this fy 😊
Its the same old story of false narratives. pakistan is southbound till the wests props it up as a irritant for growing indian strength
😊@@sugatoroy1254
These analyses often overlook the fact that North India excluding NCR has been on the same or lower growth track than Pakistan or Bangladesh. It's mostly South India that has been the differentiator because of civilizational and political differences. Trolls should note that I am saying this as a North Indian.
@@noirdezzir8424 Bro, I guess you need to go to Pakistan and Bangladesh, to actually notice the difference! You look like a disgruntled 'north indian' or a troll yourself! Comparing a single unitary market that is booming all across, with a depressing country with little vitality if any, is missing the woods for the trees! I am Indian from the north part, and the change that I have noted in my comment is mostly regarding north obviously! There was a time when Karachi used to be on the World map, all the big airlines of the world used to come to Karachi airport...ask a Pakistani man of my age what he has seen, just as I have noted for india, you will see the difference! What you see in Pakistan today is an imported economy with little to show for indigenous efficiency...in north of India, you have states like JnK, Punjab, Himachal, Haryana, NCR and so on that are not poor at all! As to UP and Bihar are concerned, they are moving up faster, and to be blunt, it is these states with young and abundant populations that will significantly underpin the acceleration of India's growth in the next 25 years.
India is the only country that has met its commitments on environmental sustainability made in Paris conclave.
There js a huge push towards renewable energy and electrical mobility. Listen to minister R.K.Singh to understand the progress in these areas. There is also a great deal of effort on rainwater harvesting and improved use of water in agriculture.
Absolutely right 👍🏻✌🏻
Only country met everything that has a GDP per capita ranking lower than Bangladesh and ranks 162 in the world. what a marvelous plan and strategy.
@@bazlurr why don't you mind your own business and stop maulanas from taking decisions in your country.
@@suyashsrivastava9665 go -tomara mata- justice katju
May be but a visit to New Delhi in the winter would immediately make it clear what India (and Pakistan) has failed to do (again) about biomass burning.
Outdated information. Uttar Pradesh per capita income has doubled in 6-7 years. Capital expenditure as a percentage of GDP is the highest in UP. They are now the second largest GDP. UP now has strong institutions and good governance. Pakistani experts are not able to keep knowledge about India updated. Ishrat’s book is outdated. He needs to publish a second version.
I have heard many lectures by Ishrat Husain about India’s GDP growth and non inclusive character. He speaks like parrot and his data or information is out dated. India was/ is no different from other SEA countries however now except Bihar and UP no states is laggard now a days. Per capita income income of Madhya Pradesh, Chhattisgarh, Orissa and Rajasthan is comparable to Gujrat. UP growing @10%. Bihar still to pick up but unnecessary criticism is not scholarly job because it is India. Bangladesh has progressed because they have free access to Indian market and virtually integrated their economy. This space doesn’t provide for data but readers are advised to take Dr. Ishrat Husain lecture with pinch of salt wrt India.
by the way UP is now the second largest economy in India not a laggard
@@pramedhindra5560 Doesn't matter if it is the second largest economy. Aggregate economic size within a country doesn't matter. Per capita is still become Pakistan.
"Per capita income income of Madhya Pradesh, Chhattisgarh, Orissa and Rajasthan is comparable to Gujrat." - Is this accurate?
"Bangladesh has progressed because they have free access to Indian market"- This doesn't see accurate. Bangladesh exports textiles to US, Europe and UK primarily, not India. It imports from India.
aggregate economic size does matter
because that's what contribute to increase in per capita income
now this is the stats
UP
population 24 crore
per capita GDP 83 thousands
Gujarat
population 7crore 17 lakh
per capita GDP 2lakh 81 hazar
keep in mind UP has 3.5 times more people than Gujarat
the education level is so high in pakistan, that the comment section is filled with indian comments.
They knew only urdu
@@nagab7618😂😂
@@nagab7618grate ainglis bru wen u uzed “knew”.....it shud b new....new ainglish.....tea ch mee som ainglish saaar coz I wil giv u phull sappport sarrr....u lundianz r wey gud dan us pakistanis in inglish.....this must be coz your mother must be having some big time with a lot of farangi pita jees....now its paying dividends seeing her son riling the comment section using “ knew” in a new way....creativity, talent and ainglish,lundianz have no match......phull sapport to all lundianz and the unmatched progress they made....so much of progress that they have that much of an ample time, that a talk session from bunch of nobles are getting that much attention
Jeh Urdu me nahi tha 😂 porkiyo ko to sirf Urdu hi aati hai 😂😂 baki😂😂😂 sare paise to mohan le gaiya😂 hahahaha
@@nagab7618: And hating the nonmuslims but can't innovate technology. 😂😂
Jai Sri Ram🙏
Nice to hear the Indian obsession!
Should have been better, had it been economist from Nepal and Sri Lankan and Afghanistan!🥰
After listening to this panel I think i too can become a economist 😂😂
We all are. We know ,we manage our budgets
Actually, only Rakesh was the decent one, one Indian they thought would speak like Ashok (Pea brain economist as my IIM prof used to say about him), also one Arvind(Ex PMA on economy), my prof did a session where he debunked his fake paper.
Dont compare Bangladesh with India as well because India is giving loan to Bangladesh and not the other way round...India has been giving loans to many countries in South East Asia....
Bangladesh will be knocking on the door of the IMF after the election.
It's not about just loans , the size of the country matters, Some challenges are the same and some are different.
India is giving loan Bangladesh 😅😅😅. Bangladesh never took loan from India. Its Japan who help Bangladesh more
@@mahmudhasannawfel5540 Just type this in Google "india line of credit to bangladesh"
And also from 2010 , how many MOMs have signed between 2 countries.
@@mahmudhasannawfel5540 last loan was 9.5 billion
I think Bangladesh is going to eventually go the Pakistan route unless they stem the extremism in the country.
Idk if you ever visited Bangladesh or talked to any experts on these issues but should at least visit the country once to see the state of ‘extremism’ present that you are talking about. It’s a very fringe minority. And in all three countries there are these extreme elements but it’s nowhere close to Pakistan in Bangladesh. It’s most likely in par with India if not less but then again India also has a huge population. You’ll see devout Muslims in Bangladesh but the fact that you think people in Bangladesh are radical Islamic minded like Pakistan is hilarious. If that was the case sth like women equality and empowerment and participation in the workforce wouldn’t have been at a better state than India and that stat is according to most international HDI reports so not making anything up.
The economist from Bangladesh is the only one who mentioned that India has religious division, needs inclusion while both neighbouring countries can have conversion.. but pakistani economists didn't mention that.. so it is clear that Bangladesh's economy is going to be like Pakistan after Sheikh Hasina govt topples
@@jrich5316 pew research shows more than 80% of its populace want shariah law over constitutional law. Bangladesh under the current leadership wants economic development but it’s populace is still fundamentally inclined.
It's all because of Sheikh Hasina ....the moment she is out of power ....Islam will kick in
@@Deb_deCoder well I don’t agree with what he said, religious division exists in all three countries but don’t think in India and Bangladesh it’s as bad in Pakistan. And although ppl in Bangladesh are grateful to India for ‘71. There still exists a lot of anti India elements and it has to do a lot on a policy level rather than religious grounds. Which a lot of Indians aren’t aware of. And that sometimes creates issues between the both the countries’ general discourse of each other but never affected the bilateral relationships.
8:32 where he said 'bangla buddhu' i was like he's lucky not sitting in Dhaka😂😂😂
😂😂😂😂
😂😂
Why the discussion is limited to these three countries, Shreelanka, Napal and Bhutan are never discussed.
Since all 3 were part of British India
For that to happen they should improve their economy, ten years or back even bangladesh remained unknown as like above countries it was only india and pakistan that time but as economy improved people are speaking about bangladesh now.
Bangladesh should shoulder some responsibility for the region now and help Bhutan and Nepal. They dont help anyone. They should play a constructive role in the region. They can show the way to others. Their ports can help Nepal, Bhutan. Win win for all. Bangladesh is secular but they have not done much for secularism in the region
@@induchopra3014Bro Bangladesh is already providing its sea ports access to India's landlocked north-eastern regions for very little profits and i think many Indians are unaware of the fact that India's Siliguri chicken neck corridor is safe because Bangladesh and India have friendly relations otherwise if Bangladesh was like Pakistan and helped China, then the whole north-east of India could be captured by China..Recently Bangladesh also gave loan to Sri Lanka to help in their debt crisis.👍
India and Bangladesh can learn from Pakistan like what not to do with respect to zamindari, relgion etc. Pakistan can learn from India and Bangladesh what to do with respect to land reforms, education, science and religion, women rights to edcuation/work
Truly said...👍🏻
Indeed the disaster called Papisthan offers a lot lessons❗️
BTW Naveenji, it seems India in recent times has chosen to ignore lessons that could be learnt from Pakistan's experience on mixing Statecraft and Religion.
@@deepsareen1 Just shows your absolute ignorance about the difference between the Abrahamic cults and the DHARMIC 🕉️ way of life🙏🏼
@@gopalramanathan7062
Pray what makes you think that?
Simply using cheap phraseology like miscalling a country's name is not absolute knowledge! Nor can any religion in the world claim to have only and absolute eternal truth. Regards.
They should focus on Pakistan but they wasting there time on India...We know what are our issues but we don't discuss Pakistani economy in Indian institute..
Yaar, they have not got out of india complex. My fear is ,
when India became 8-10 trillion economy they will be crying to be called indian too. They are Pakistan till they hate india.
The obsession with Bharath’s success by the gawking Jihadists is laughable😆
Indians should not compare their growth with countries like pakistan, Sri Lanka, bangladesh, mynmar.
They should compare with China who is already having 2 nd largest economy and 3 rd powerful army in the world.😂
Why not US? I sort of agree with non comparison with Europe due to accumulated wealth effect arising from colonialism.
Americau akbar bhai jaan
When Bangladesh got independence in 1971, Both India and Pakistan were miles ahead than us.Bangladesh started literally from zero as a war-torn country in 1971 as most of the infrastructure,road-railways,electricity were destroyed during the independence war.In fact Bangladesh is the youngest country in South Asia.Now in 2024 Bangladesh has the second largest economy of south asia after India and its Nominal GDP per capita is better than both India and Pakistan now,life expectancy is better than the other two countries and fertility rate is also less than Pakistan and India.Bangladesh's Textile industry is the second largest in the whole world only after China,Bangladesh's Electronic industry is on the rise,Ship making and breaking industry is on the rise(recently exported a big deep sea class ship to England),Bangladesh is doing great in its pharmaceutical sector,Bangladeshi Automobile brand Runner and electronic brand Walton now export their products to some other countries as well,Bangladesh recently opened their first Metro rail subway system in the capital Dhaka,Bangladesh recently constructed the first under water road tunnel of south asia Bangabandhu Tunnel under karnaphuli river,Bangladesh recently constructed the first ever 14 lane expressway in south asia purbachal expressway. Bangladeshi startups like Pathao and Bkash are even operating in some neighbouring countries(Nepal,Bhutan),The Rooppur nuclear power plant was recently inaugurated with the help of our friend Russia.Bangladesh has done exceptionally well in its socio-economic sector in the last 15-20 years that it has even outperformed its much bigger neighbour India in many things..As a Bangladeshi my self, i have seen our older generation have struggled a lot and now our generation is living a much better life and i can gladly say that we have come a long way but its still a long way to go.😊
UP is going to 1 Trillion dollar economy in coming years Ishrat is living in Limbo.
As per the ppp and GDP and inflation. India is in the good place. But they are using this tool. Enjoy with the self proclaimed Statics.
The number of new investors in mutual funds for 2023 was the highest from UP. It was even more than addition from Maharashtra.
He is just copying talking points of the west :) if he was any good his country wouldn’t be in the mess that it is in
i totally disagree with the author when he said the type of regime does not affect economic policies. In most part of the world we have seen lack of institutional growth sustenance under authoritarian regime. Also in a democracy like India its political-economics that prevails. I feel this is only a desperate attempt by a Pakistani. Bangladesh may have done better in HDI but so did Sri Lanka! Lastly the only worth progressive analysis was on India. Same story rattled on Pakistan which we are hearing for the past 7 years and more and near NOTHING on Bangladesh! The comment by the Bangladeshi guest on cast system... does he know who are all there in the Indian parliament as MPs??? Guys please put away your biases and do your homework before uttering anything.
His knowledge is quite outdated and all of his opinions come from negative bias against India so despite all the analysis they will never get to the real reasons for the growth of India 😅
Old habits die hard.
Right on
Economies need policy leadership which is the steam locomotive for the train .
Each policy has to be tailored to cope with the current economic condition and there is need for continuous course correction depending on actual adverse unforeseen ground realities like COVID-19, floods, earth quake, droughts and Kashmir wars for Pakistan. Thank heavens Bangladesh split from Pakistan so that they could repair Bangladesh economy with unbridled fresh thoughts uniquely designed to pull Bangladesh out of trouble. When Bangladesh was freed up from the shackles of Pakistan, the economic pundits of the world predicted doomsday for Bangladesh. Look where they are today. This should be the benchmark for all developing nations that is if Bangladesh could pull out from doomsday and recover, any nation could do it. I am waiting for srilanka to be back on their feet again, even if it takes Manmohan Singh types need to be sent to srilanka to help out ex gratis.
I am little bit lost in understanding Maldives nose dive policy but I am hopeful that good sense will prevail eventually.
Bangladeshi doesn't Know Indian PM Modi is from backward class also President of India is from Tribal class
Bangladeshi is biggest hater of India although India save them
Bangladesh is equal to assam. So small. With huge population. Best is,they are in no arms race. So all money going in right place. People,people,people. India has more challenges. But we can learn from bangladesh. They are queit focussed. Too much noise making, chest thumping is not required. Now ,we should redefine our goals. 5 trillion economy is more important than UNSC seat. 10 trillion economy is more important than UNSC seat. Why take all worlds headaches? We should confine ourselves to our intrests. Uk, France, Russia have ruined their economy in that . We should copy Japan, Germany, China
28:00 Yes, Bangladesh deserves kudos on women labor force participation. But to say India neglected wonen empowerment is wrong.
70% of MUSRA loans have gone to women. Huge investment in ensuring that women give birth in a hospital, 33% seat reservation in local government for women has been in place for a long time. The gender disparity in literacy has been briugh down from 24% in 1991 to less than 10% in 2011. Access to bank accounts, toilets, cooking gas, piped water to homes have removed major pain points forcwomen. Ensuring functional toilets and access to low cost sanitary pads in government schools has signifucantly reduced girls dropping out from schools during puberty, clamping down on female foeticide has led to a situation where female population has exceeded make population for the first time in 2021 after 50 years. There has been a significant reduction in maternal mortality rate and total fertility rate in the last 20 years. Investments in mass public transport empower women mobility since they are less likely to have personalused modes of transport. You can see unescorted women going about their business everywhere in India and not just restricted to women's bazaars.
As of December 22, 2023, India's foreign exchange reserves reached a 21-month high of $620.441 billion. This was a $4.471 billion increase from the previous week.
India has bought gold. 45 tons. Not just dollar reserves. Gold reserves also
Indian foreign debt 650 billion dollars and trade deficit 277 billion dollars 2023. Tom uned- bokcho
@@bazlurr yet we don’t have any balance of payment cris wonder why :) genius
In this fast moving World, 2010 Comparative Study becomes redundent.
Any explanation for why
- Pakistan and Bangladesh are currently in an IMF program and India has never had to go to IMF after 1991?
- why India has 100 unicorns whike Pakistan and Bangladesh have Ero?
- why Indian diaspora is doing so much better than Pakistani or Bangladeshi diaspora, not just in west but also gulf countries?
Because the indians don't care what they eat and where they deficate!
When Bangladesh got independence in 1971, Both India and Pakistan were miles ahead than us.Bangladesh started literally from zero as a war-torn country in 1971 as most of the infrastructure,road-railways,electricity were destroyed during the independence war.In fact Bangladesh is the youngest country in South Asia.Now in 2024 Bangladesh has the second largest economy of south asia after India and its Nominal GDP per capita is better than both India and Pakistan now,life expectancy is better than the other two countries and fertility rate is also less than Pakistan and India.Bangladesh's Textile industry is the second largest in the whole world only after China,Bangladesh's Electronic industry is on the rise,Ship making and breaking industry is on the rise(recently exported a big deep sea class ship to England),Bangladesh is doing great in its pharmaceutical sector,Bangladeshi Automobile brand Runner and electronic brand Walton now export their products to some other countries as well,Bangladesh recently opened their first Metro rail subway system in the capital Dhaka,Bangladesh recently constructed the first under water road tunnel of south asia Bangabandhu Tunnel under karnaphuli river,Bangladesh recently constructed the first ever 14 lane expressway in south asia purbachal expressway. Bangladeshi startups like Pathao and Bkash are even operating in some neighbouring countries(Nepal,Bhutan),The Rooppur nuclear power plant was recently inaugurated with the help of our friend Russia.Bangladesh has done exceptionally well in its socio-economic sector in the last 15-20 years that it has even outperformed its much bigger neighbour India in many things..As a Bangladeshi my self, i have seen our older generation have struggled a lot and now our generation is living a much better life and i can gladly say that we have come a long way but its still a long way to go.😊
Brother, don't read only one side news
If you compare infrastructure development
Under the current government (10 years)
Build a 60,000 km new highway.
More than 25 expressways are under construction ( 10,000km )
Delhi Meerut expressway - 14 lanes (operational in 2021)
Total operational metro length in India - 895km (19 cities)
Under construction metro - 600km (15 cities)
India's first Rapid Rail operation in 2023
World's biggest renewable energy park under construction in india- 726 sqkm (equal to Singapore size)
South Asia's biggest airport under construction ( Jewar Airport )
South Asia's biggest sea bridge operational in India (Mumbai to Navi Mumbai)
World's tallest railway bridge in India (Chenab Rail Bridge)
Today's Indian railways are almost 100% electrifying
Bullet train and dedicated freight corridor under construction in India
India overtakes China in online payment
Bangladesh is doing good because of two main things.First it has an honest prime minister in the form of Sheikh Haseena who provide a stable government. Second because it had good relationship with India .India provided 750 million dollar to Bangladesh in 2011 for infra development and again in 2014 provided 1 billion dollar soft loan for infra.
54:15 "This study was done (by LUMS) in 2010 comparing the three countries..."
But they're basing their opinions/conclusions in 2023 on this study! At the rate things are changing in the Indian economy, that is as good as a century out of date!
True. A decade is a long long time. Lot has changed. Its a new country now. Next ten years, 10 trillion economy is our target. Even if we acheive 8 trillion ,it will be great.
Common strategy by Paks to downplay India and boost fakery on the failed state 🇵🇰😂
The defence expenditure has not been discussed in this discussion. I think Bangladesh may be spending on defence least amongst the three countries.
Bangladesh is a de facto protectorate of India, the USA and China.
Because Bangladesh is lucky not to have sharia shithole
Infrastructure development, digitilstion and economic reforms and improving education will ensure inclusive growth and 3rd largest economy by 2026, 7 trillion USD in 2030, 13.2 in 2040 and 26 trilluon USD in 2050, with 15,000 USD per capita income, a developed nation. Biased speakers are jealous of India
Subramaniam swamy is needed in the panel to make sense.
Bangladesh economic growth is primarily due to benevolent economic support and encouragement from mother India which was sadly missing in Pakistan economy. Pakistan's acrimonious attitude towards India is the root cause of Pakistan economic failure.
OMG! Swamy!😷
When Bangladesh got independence in 1971, Both India and Pakistan were miles ahead than us.Bangladesh started literally from zero as a war-torn country in 1971 as most of the infrastructure,road-railways,electricity were destroyed during the independence war.In fact Bangladesh is the youngest country in South Asia.Now in 2024 Bangladesh has the second largest economy of south asia after India and its Nominal GDP per capita is better than both India and Pakistan now,life expectancy is better than the other two countries and fertility rate is also less than Pakistan and India.Bangladesh's Textile industry is the second largest in the whole world only after China,Bangladesh's Electronic industry is on the rise,Ship making and breaking industry is on the rise(recently exported a big deep sea class ship to England),Bangladesh is doing great in its pharmaceutical sector,Bangladeshi Automobile brand Runner and electronic brand Walton now export their products to some other countries as well,Bangladesh recently opened their first Metro rail subway system in the capital Dhaka,Bangladesh recently constructed the first under water road tunnel of south asia Bangabandhu Tunnel under karnaphuli river,Bangladesh recently constructed the first ever 14 lane expressway in south asia purbachal expressway. Bangladeshi startups like Pathao and Bkash are even operating in some neighbouring countries(Nepal,Bhutan),The Rooppur nuclear power plant was recently inaugurated with the help of our friend Russia.Bangladesh has done exceptionally well in its socio-economic sector in the last 15-20 years that it has even outperformed its much bigger neighbour India in many things..As a Bangladeshi my self, i have seen our older generation have struggled a lot and now our generation is living a much better life and i can gladly say that we have come a long way but its still a long way to go.😊
@@SHAHRIAR_AHMED_SAGOR Dude .. Why are you copy pasting the same comment everywhere?
This was a panel of Economists, not politicians.
Pakistan never surpassed India's economy on its own, it was the time when USA and EU used to pump dollars into Pakistan bowl
Yes agree, Pakistani economy was never better than India. They just were given more beekh by Americans and Europeans
Free balochisthan
Ridiculous. Look at the growth of Islam in Pakistan. Id there any nation on earth that comes even close?
Ah, the first gentleman introduced us all to the newly discovered field of 'historical economics'. A nice term for gaslighting economics.
The stats were not updated one..
I wonder if he got the stats of 2018 or even back!
Comparing India with Pakistan and Bangladesh is like comparing apples with oranges.India will become soon the third largest economy and the fastest growing large economy.A separate session with granular understanding of critical induan success with data points would do justice to South Asia.Digital stac,ONDC connecting 6 Million msmes integrating trade, technology,tourism is only a few focusing on vocal for Local.
Why is there an ICU type beep in the background?
Woh Time bomb ka ticker chal raha hai......
@@mohitk05 alla hu akbar
Pakistan is in ICU 😂😂
💥
That's the sound of the Pakistani economy in the background: on life support in the ICU.
😂
Like to comment on a few points:
Like a chicken and egg syndrome, does growth follow infrastructure or is it vice versa. Taking the lessons of CPEC and India’s Golden Quadrilateral. It proves the the later is true. CPEC has proved the former is not suited for poorer countries especially when it is funded with foreign debt.
2. The role of the power sector on India’s growth sector has been overlooked by most.m, As is a successful NTPC I’m India’s power sector. Inspite of many efforts and give-awayaw private sector has generally failed in India’s power sector. So PSUs are not all bad.
3. To add to what Rakesh Mohan has said, it would be more appropriate to call India’s rate of growth, PSU rate of growth. PSUs cannot pump back profits into new capacity. In India PSU started the industries and gave way to private sector when they had the capacity to invest.
4. Lastly a political point. The growth of Bangladesh is directly linked to Women’s participation. When rather than if, in future if a Muslim fundamentalist party comes to power, risk is women will be sent back home and then we may see the whole garment export industry collapse
5. Why did Pakistan not build Solar power plant with Chinese money, rather than gas and coal plants. The import bill for fuel would have been far less apart from the environmental problem.
6. Lastly what was the effect on Pakistan economy on the Indian ‘Baniyas’ leaving.
It's cute that the old man is taking notes... Fact is, all were Indians, what happened? Radicalism, Bangladesh toned it down they prospered, Pakistan went mullah military route disaster. India while most ungovernable has beaten all odds coz they have so far stayed secular and Manmohan Singh was allowed to do the right things, and as long as they focus in development they will flourish but....
Even if India will turn full right wing communal will progress
Becoz hindusum is totally different from Abrahamic faiths
India is slowly becoming secular in this government...for 70 years 80% majority was treated as 3rd class.
@@bechansingh1560 You are absolutely right.
The senior citizen
Asean is where the real party is. This is sob story. Get out of af pak. Get out..look East. Gold there. Their speed smartness efficiency. Is beating Europe. Pak is disaster. Out B or C team for them. Cream for ASEAN. Those guys challenge us to be our best. They push us. Pakistan pulls us down. Ignore them
it is nice to see a good quality discussion happening across the border. while one is tempted to ask them to address the elephant in the room when one discusses economics and governance from the Pak perspective, the effort to make a sensible forward looking discourse is appreciable.
A very poor analysis on the whole, the way Bangladesh is being projected some one should think that they are at par with developed countries, sadly is the truth , they may be doing better than Pakistan but far from anyway near India... No comparison please...stop clubbing India with any of the South Asian countries , it has grown out of this, yes it has a long road ahead and may take another 20 to 30 years to reach a reasonable level compared to developed countries.
The constitutional amendment of Bangladesh from secular country to an Islamic country during late 80s is a disaster which has prevented Shonar Bangla (golden Bengal) from achieving founder President Mujib ur Rahman's dream of being a fully developed country. The reservation in educational institutions government jobs is the biggest hindrance of Bhaarat in the dream of being a fully developed country inspite of consistently achieving 7% GDP rate bcoz this horrible recruitment system is promoting nepotism over talent instead of uplifting poorest factions of the society.Whereas Pakistan was bound to be doomed from the start since it's inception in 1947 due to the fact that Mohammed Ali Jinnah their 1st President founded this country only on premises of Non Muslim hatred and without any proper futuristic road map for achieving fully developed economy. This is how the three neighbouring countries Pakistan,India and Bangladesh are stuck in their own problems and if it continues few decades more all these territories could be in a danger of becoming a slave country of China (just like Maldives, Myanmar,Nepal and Sri Lanka).
India has adopted planning for the economy following the Soviet Union, but Pakistan followed western capitalism. As a result india had developed its industries with the help of the Soviet Union but Pakistan got a lot of money and weapons from the western countries to attack India. From the beginning they diverged.
Sorry to say UP, odisha growth is now shoot up sharply in india. And govts focus on northeast and east increased with better infra
This is a good show but I am wondering why isn't there any expert from Bangladesh in this show as Bangladesh is included in this talk show ? Only a Bangladeshi expert can talk better about Bangladesh. I do not want to make a negative comment about any of the experts invited in this show, but clearly I can see wrong and misinformations are there as regards to Bangladesh. The organizers should have invited a Bangladeshi Expert in this show. So as a Bangladeshi I will not look at this show seriously and sadly this show would hardly make any sense to a Bangladeshi.
Lol good show next you will einstein stole science from Pakistan
Exactly
Its just india not south asia.
These analyses often overlook the fact that North India excluding NCR has been on the same or lower growth track than Pakistan or Bangladesh. It's mostly South India that has been the differentiator because of civilizational and political differences. Trolls should note that I am saying this as a North Indian.
What does it imply? And what's the future of north india going to be like in the future? Has the north learned anything and is it on course correction?
WY they are more interested in india. Has india ever discuss about China or US
Facile discussion avoiding the real issues in Pakistan: 1. Kashmir obsession 2. Fraudulent democracy 3. Religion in education preventing scientific temper in education 4. Opaque Chinese debt with crippling interest rates hidden 5. Massive corruption in politics and army. What was discussed was the result and not the cause.
They didnt do land distribution like India..
The economist from Bangladesh is the only one who mentioned that India has religious division, needs inclusion while both neighbouring countries can have conversion.. but pakistani economists didn't mention that.. so it is clear that Bangladesh's economy is going to be like Pakistan after Sheikh Hasina govt topples
There was no bangladeshi economist in this video lol😂😂😂😂
@@Attitudezero884 there is.. the middle one is bangladeshi
@@Deb_deCoderhe was pakistani
When Bangladesh got independence in 1971, Both India and Pakistan were miles ahead than us.Bangladesh started literally from zero as a war-torn country in 1971 as most of the infrastructure,road-railways,electricity were destroyed during the independence war.In fact Bangladesh is the youngest country in South Asia.Now in 2024 Bangladesh has the second largest economy of south asia after India and its Nominal GDP per capita is better than both India and Pakistan now,life expectancy is better than the other two countries and fertility rate is also less than Pakistan and India.Bangladesh's Textile industry is the second largest in the whole world only after China,Bangladesh's Electronic industry is on the rise,Ship making and breaking industry is on the rise(recently exported a big deep sea class ship to England),Bangladesh is doing great in its pharmaceutical sector,Bangladeshi Automobile brand Runner and electronic brand Walton now export their products to some other countries as well,Bangladesh recently opened their first Metro rail subway system in the capital Dhaka,Bangladesh recently constructed the first under water road tunnel of south asia Bangabandhu Tunnel under karnaphuli river,Bangladesh recently constructed the first ever 14 lane expressway in south asia purbachal expressway. Bangladeshi startups like Pathao and Bkash are even operating in some neighbouring countries(Nepal,Bhutan),The Rooppur nuclear power plant was recently inaugurated with the help of our friend Russia.Bangladesh has done exceptionally well in its socio-economic sector in the last 15-20 years that it has even outperformed its much bigger neighbour India in many things..As a Bangladeshi my self, i have seen our older generation have struggled a lot and now our generation is living a much better life and i can gladly say that we have come a long way but its still a long way to go.😊
Watching from India.
India Bangladesh both have learnt coexistence. Pakistan has not learnt it. Bangladesh is surrounded by india. They cant afford to be jihadi like Pakistan. Their other nrighbours are all non muslims, neoal,srilanka,burma,thailand. So its conscious of not linking itself with Pakistan . Their link is more with bengal than punjab of pakistan. Their mentality is totally different. Punjabis are more loud,
vocal,flashy. Bengalis are more intellectual,subdued. Bangladesh is way ahead than Pakistan in powers to women. India has full groundwork for 8 trillion economy.With time it will be acheived. Education base is expanding. Its reached rural areas.
Great discussion
Sharia vs science osama vs obama
A very rational, empirically founded discussion. It takes an open mind and certain level of education to appreciate the value of such a discourse. Thoroughly enjoyed the experience. Nice to see a fellow Buckeye facilitate the session!
LOL there's rationality and there's rationality. I am glad that Pakistanis and their friends have their own view of what is rational.
What happened since 1991 was the change in global politics and Americans have wisened up to the perfidy
Is he worried about India while his boat is sinking. All his fake statistics.
To progress and prosper for a developing country it has to start from the bottom. Give employment to the poorest. Trickle up economy is the best option.
One country is doing well in this regard is Bangladesh.
This mentality is dangerous. Bangladesh has a massive shortage of tax revenues and is at risk of a financial crisis.
What is wrong with encouraging many people to achieve perfection and excellence? This surges tax revenue, donations to charity, capital, human capital, talent, per capita real income. One example is worth a thousand worlds. One excellent person (positive inequality) inspires many to seek perfection and excellence too.
@@AnAn___When Bangladesh got independence in 1971, Both India and Pakistan were miles ahead than us.Bangladesh started literally from zero as a war-torn country in 1971 as most of the infrastructure,road-railways,electricity were destroyed during the independence war.In fact Bangladesh is the youngest country in South Asia.Now in 2024 Bangladesh has the second largest economy of south asia after India and its Nominal GDP per capita is better than both India and Pakistan now,life expectancy is better than the other two countries and fertility rate is also less than Pakistan and India.Bangladesh's Textile industry is the second largest in the whole world only after China,Bangladesh's Electronic industry is on the rise,Ship making and breaking industry is on the rise(recently exported a big deep sea class ship to England),Bangladesh is doing great in its pharmaceutical sector,Bangladeshi Automobile brand Runner and electronic brand Walton now export their products to some other countries as well,Bangladesh recently opened their first Metro rail subway system in the capital Dhaka,Bangladesh recently constructed the first under water road tunnel of south asia Bangabandhu Tunnel under karnaphuli river,Bangladesh recently constructed the first ever 14 lane expressway in south asia purbachal expressway. Bangladeshi startups like Pathao and Bkash are even operating in some neighbouring countries(Nepal,Bhutan),The Rooppur nuclear power plant was recently inaugurated with the help of our friend Russia.Bangladesh has done exceptionally well in its socio-economic sector in the last 15-20 years that it has even outperformed its much bigger neighbour India in many things..As a Bangladeshi my self, i have seen our older generation have struggled a lot and now our generation is living a much better life and i can gladly say that we have come a long way but its still a long way to go.😊
You in Pakistan need more nationalists like Pervez Hoodbhoy, distribute your land effectively, promote regional languages, rehaul your education all the way, promote your industry, create effective + honest voting pattern for all adults, minimise the current roles of you Mullahs & the Army. Till all that gets under way , you will keep floundering around. I am originally originally from Lahore, now approaching my 90 th. In Peace. Discord produces death & destruction. And NO Jannat...Happy 2024
VERY NICE DISCUSSION THANKS
The problem with many Pakistani economists is they emphasize the negative aspects of India's growth instead of the many positive features - this is probably to make Pakistanis feel good. By 2035, India will be unrecognizable with a 10 T economy. Modi and the BJP are laying the foundation for future growth, which has been praised by multiple international agencies. Just visit India to see the tremendous infrastructure build-up and modernization going on. If Pakistan continues its current trajectory, the Indian economy might be twenty times the size of that of Pakistan in 2035.
You mean pakistan's gdp will be 500 billion in 2035, which stands at 350 billion today?
pak in the verge of collaps but the main topic is India
If you have come here to hear about latest economic trajectory of the three country's you would be disappointed 😮this discussion is based on data compiled in 2010😂
Gosh, such an underrated discussion. very insightful.
Excellent..
Papa johns imf loans and chill
problems ye Pakistan ka intellectual class jyada mandhbhuddi ye log wo hi baaty karte hai jo inke zahil log karte hai hindu hatred inme utna bhara hai
The degree of involvement of religion in politics has caused the greatest divergence in growth of all three counties.
As long Pakistan did not allow religion to be involved in politics. It was doing the best but it started mixing the two it has gone downhill.
Of late India has also started mixing religion with politics and its economy has started suffering.
Till date Bangladesh has stayed away from mixing as a result today it has the Highest GDP per capita of the 3 countries
Bangladesh financial market not regulated. Most of the bank loan not get paid by businesses.. That demaging growth 😊
The Subcontinent requires administrative reforms more than economic reforms. We are still governed by the same bureaucratic structure that the British used to transform the region from SONA KEE CHIRIA to pauper states.
NICE ECONOMIC ANALYSIS THE PROVLEMS OF SOUTH COUNTRIES I WONDER HOW INDIA IS VETTER IN TAX COLLECTION AND ETC
It’s incredible how long the celebrity “leaders” can keep fooling the public of Papisthan❗️
Great discussion, enjoyed it. It’s clear that the panelists are all practitioners and therefore weaved in much practical wisdom with economic analysis. Thank you, LUMS! 🙏🏾🙏🏾
😂😂😂kabhi iit aur iim ke discussion dekh lena .
Rakesh ending the note with “We’ll have to build the tunnel like Hamas” is savage!😂🤣 1:41:51
Dr. Ishrat is propounding his theory, not analysis of economic history.. I thought the session was for analysis of ecnomic history. Why is he just quoting Indian data and not comparing Pakistan and Bangladesh?
An economic corridor from India to Central Asia connecting India, Pakistan, Afghanistan, Tajikistan, Uzbekistan and Kazhakhstan would transform the trade and economies of all the countries. Pakistan can earn transit fees.
That’s never going to happen. Don’t forget the disintegration of the ambitious SAARC.
We got better economic school teachers than Ishrat Husain.
Kisine kya khoob kaha hai
"Middle east mein jisne Islam ko apnaya wo musalmaan ho gye, Indian subcontinent mein jisne Islam ko apnaya toh jyadatar bawle ho gye."
😂😂😂
Tax Policy in Pakistan was primarily dictated by the generalists in MoF. The quality of tax administration has been weak and dishonest. There have been several tax policies and administration Reforms Commissions, committees, and Taskforce. Comprehensive recommendations were made but weak implementation. The Tax to GDP Ratio remained below 10% .
Quite basic analysis.
No use of going through this nearly 2 hour video. If you are worried about Paxstan's any problem and want to fix it, the answer is one. Religion. Get that out of the way and you will do something. Otherwise keep holding such discussion every second day and waste your time.
Very insightful. Great discussion
All 3 countries suck
You too.
Same you too suck
@PavitShokeen uk has beggars now
@PavitShokeen Ok ,then what?? India Today must have 10 trillion but ,govt policies sucked.....stop blaming Britishers they gave us strong base but congress fucked Indian potential and that's why we r poor even with 4 trillion
Pakistan was never an economic success except for small period under Ayub upto 1965. Any growth was a result of heavy American funding that sustained Pakistani economy. This debt fuelled growth explains why after every few years of growth Pakistan has to go IMF(23 bailout packages and 24th on way).
Good efforts. Appreciated.
Jhaant farak nahi padta India ko in 2 number experts ke opinions se. Haathi chale bazaro mein, huttey bhonkey hazaro mein..
Banking sector is in messin Bangladesh. The main threat will be from baning in growth of Bangladesh
The Ostrich like attitude of two pak anchors referring repeatedly that India has a bigger problem is shameful and bizarre.The reference to religion and caste is unwarranted and uncalled for.Instead of learning from Indian success at granular level the focus was on negative portrayal.The bottomline home grown talent has managed Indian economy better last ten years than Chicago Booth and Colombia.Indias success in digital delivery at district level goes beyond Stac and CBT.An opportunity missed.The discussions in LUMS and Pindi should move beyond Punjab and Lahore.This is where India has a proven ,inclusive model that has reduced poverty since 2010 remarkably.India has innovated in multiple dimensions like Smart city,Aspirational districts,Start up,and does not rely on savings or remittances.Tax revenue post GST has stabilised and increasing every month and economy has become more digital and formal.The point is crucial learning and dada points from India since 2015 has missed attention and articulation.
He is far off from reality specially with respect to India . The usual narrative
Sir please don't compare india to Pakistan or Bangladesh.when pakistan and Bangladesh were separated on the basis of Islam religion the comparison should stop.better Pakistanis and Bangladeshis mind their own business.
Ashok is a joke, who reads him, my prof at IIM C told one story how crooked economist takes money for writing these kind of books, actually he was saying about Ashok. And it was 4 years back when he debunked Arvind and Ashok.
All Pakistani love to pick holes in Indians policy for someone new they would think Pakistani is actually an Indian :) dude Pakistan is going through worst financial crisis but hey let us comment on India using western talking point , good for India
Bangladesh have one good thing gender participation, It can be changed if islamisation outgrow industrialisation. They need to be careful.
Joy bangla
Sir we need no lecture. We have plenty to export now because of powerty men to middle east and punjabi laundian to china . We come to chines man are punjabi laundian phudee. . Wah punjabi laundian .kamal ki karachi mein supply even by the old once did that job. Wah wah karachi .god bless the banglow. And wah wah punjabi launda .beautiful bums you can run hands like any thing
😂
Ashoka Mody's book "India is Broken: A People Betrayed, 1947 to Today" I quite enjoyed reading this book, you would have a good laugh. As per him, Nehru should have invested on primary education rather than focusing on IITs and IIMs.
Having derived the benifits of myself studying at IITD, I would say he is wrong. Ever since I am retired, have been reading books. I laughed at the cynical tone of this book
Pakistani worried about India 🤣
Why does Pakistan has to low ball even in it's comparisons? They should compare with Singapore and South Korea who also started around in late 1940s and look where they are. I know Pakistan has history with Bangladesh but they should get over it. At least aim higher.
Liked the discussion.
Lol I thought there will a little bit intellectual debate but 😂 I wasted my time , no matter how hard you try , the result will be same.
No non Muslim in the panel. Is this a university or a madarsa?