How Bangladesh Reversed Its Economic Fate
ฝัง
- เผยแพร่เมื่อ 24 ส.ค. 2022
- Bangladesh went from second-poorest country in the world to among the richest of South Asia in per capita terms, with one industry in particular driving its success. But now the nation is at a crossroads.
#bangladesh #asia #bloombergquicktake
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Saying Bangladesh was the poorest part of British India is kind of misleading, because it was the richest region in India which was the richest region in the world, Bengal had trade connections with ancient Rome and china. Much of the Ottoman fleet was made in Chittagong port.
The British made Bengal poor.
Well said! 💯
Bengal Sultanate was richest in India.Bengal was capital and business hub for India.
@@mr.n2653 not in India
Bangla was independent in Indian subcontinent
True
@@broadlover69 Bangladesh was part of India before 1947
British Nowadays: What a poor country Bangladesh is, very sad
British in 1757: What a wealthy region it is, let's took some by exploiting them and staring clash between religions
Well said!
@yitzhak shekkelsteingoldmanberg Problem isn't Bangladesh's development it is the world's degradation that is the problems. The world has gotten worse that is why Bangladesh's index has risen. We just barely sustain by.
Religious clash was done by the people not british.
@@prrithwirajbarman8389 who imposed divide and role policy on people?? People or the Britishers ?
@@prrithwirajbarman8389 The British was the one that divided. At least the Mughals united nearly the whole of India, Bangladesh, Pakistan and parts of Afghanistan
Poorest part of British India !!! England’s industrial revolution happened with Bangla’s money…
British started it’s journey in India from Bengal which was richest segment of India. When British left they plundered Bengal in a way that Bengal was so poor.
USA actually fully supported and aided the genocide of Bangladesh. Seemed to have missed that part 🙄
Yes,they conveniently turned a blind eye to the atrocities.
Nixon was a terrible president.
Yes America
Badmouth others again.
And they are losing together
Bangladeshis are very education-minded people. A lot of engineering professors and students in the US are from Bangladesh. Very impressive.
I’m from Bangladesh but in college many of my professors were Bangalies from India. It’s actually a shockingly high percentage of Indian professors are culturally Bengali, specifically from Kolkata
The Bengal area was on of the richest areas pre British time, it was contributing 20 percent of the entire subcontinent till this date no state in the world has been able to put such contributions. California is close but not yet there even with Sillicon Valley. The Bengal part is full of water and has on of the most arable and fertile land in the world.
they robbed us of our wealth but they couldn't take our souls
Interested to know the source of information that Bengal contribute to 20%. Thank you
@@ashequrrahmankhan915 Bengal contributed to Indian subcontinent 70% and 20% in the world
That time Indian subcontinent was richest region in the entire world
When you guys have an argument like this, you should provide a source.
@@julema281 if you can’t dispute it well then it’s true
One thing you missed about the genocide is why it’s described as a genocide. It wasn’t just the mass killing, but the methodical and premeditated way the Pakistani government had gone about it. They had compiled lists of every Bengali with any substantial education, fully intending to wipe out the entirety of the intellectual class they saw as the root of the independence movement.
Don't forget that it was first and foremost Hindu genocide. They targeted us as a prime target. After the war, Sheikh Mujibur Rahman pardoned many Pakistan army collaborators (razakars). The world has no idea about what it's like
My grape country never fails to disgust me
Pakistan Army*
Funny enough, the Bangladeshis never went about taking the Pakistan Army to an international tribunal. Makes me wonder of the whole thing ever happened. Maybe they took it as a case of friendly fire.
@@krishnanunnimadathil8142 my dad fought that war in 1971 he said their higher officers were incapable of leading the soldiers (pak army)
Congratulation Bangladesh. Support my friend from Vietnam ♥️♥️♥️
Love from Bangladesh ❤️
❤❤❤
Democracy should be strengthened more and more. Bangladesh is doing wonders. Love and support from India.
I second. Take love brother.
Hahaha we all saw what world's biggest democracy has turned into.. An autocratic country led by the BJP ultranationalist who see none but themselves
@@mosab7 did Al-Jazeera told you that?
@@mosab7 As a resident of India , we have more freedom than Bangladesh, I don't feel any autocracy
Stop watching muslim media and Al Jazeera and talk with real indians
@@nasreenmorsheda53 what kind of democracy is there in Bangladesh???
Are u living under a rock ?
Love to Bangladesh from India
Keep rising
We, Indians, are happy to see our neighbour making such strives.
Let's make this region prosperous together
Lots of love from Bangladesh 💖🇧🇩
Hope Bangladesh Will be a part of Pakistan again. Thanks from Myanmar 🇲🇲❤️🇵🇰
@@K..781 poor Pakistan. Can't handle itself, thinks it can handle a land far away. Where people of Bangladesh don't give a f about the existence of Pakistan.
Love you man ❤️
@@K..781 Keep dreaming lol
Congratulations Bangladesh! A very positive and hopefully assessment of your country. I believe you will succeed!
@Aka Aka Bangladesh will not follow the path of radical Hinduism of India.
Hope Bangladesh Will be a part of Pakistan again. Thanks from Myanmar 🇲🇲❤️🇵🇰
Only problem is Muslim extremists created and assisted by middle eastern medieval minded people and regime like saudi arabia
@@K..781 Myanmar is a sad country btw
@@K..781 Bangladesh will never be a part of Pakistan, we have won our indepdendence and we actually function unless Myanmar :)
South Asia has Bangladesh
Southeast Asia has Vietnam
Bangladesh's leap was due to investment in education. Adult literacy rose from 58% to 75% between 2020 and 2008. That's enough to be a middle-income country. But to take another leap, they must invest in STEM. What Latin America and other regions didn't do and got stuck as middle income countries
I find your reply very intriguing. Could you please elaborate more? Or guide me towards articles that could do that. Thanks!
Also womens empowerment. Bangladesh has the highest female employment rate in South Asia. We’ve also had a female Prime Minister for the last 30 years. The Word economic forum has declared Bangladesh the most gender equal nation in South Asia
@@kolokolok Well, there are several articles that indicate the benefits of education in the economy. A useful one is "How Education and Training Affects the Economy" on investopedia. There are many examples: In 1896, Argentina had per capita income parity with the United States, which many credit to Domingo Sarmiento's educational reforms. However, Argentina did not create top universities in the 20th century and got stuck as middle income country. The post-war development of Japan and South Korea is largely credited to their education system as well.
@@dmmj123 Well understood. Thank you very much!
Bangladesh economy is very vulnerable it will crash....
We as a Bangladeshi, Born in suffering, grew up in sweat and blood, but never gave up. JOY BANGLA!!!
জয় বাংলা 💚❤
জয় বাংলা
Cringe
Congrats from philippines
Well said.
The Bengal Delta province wasn't the Poorest part(it was one of the richest) of the Indian Subcontinent. It was always the most fertile and coveted region for any Indian Empire and no wonder the Colonial British started their loot from this region. How can you get such an important fact wrong within 30 seconds of the video?
Nizams Hyderabad was the only richest region in the Indian subcontinent during 1947, not Bangladesh.
@@ashaypallav4158 It’s not only 1947. It’s from British rule and pre-british rule. Bengal was the richest and advanced region in the world
@@ashaypallav4158 he is saying Bengal was richest in 1600-1700 as Bengal Sultanate.
@@savageakash3970 South India, especially Tamil Nadu was and still is the all time richest in the Indian subcontinent.
@@kaliningrad4470 only in North India maybe and it's invalid when it comes to South India.
"The killings that Bangladesh calls genocide..." 🤯 wth are you insinuating?
They are trying to subsidize the damage of one of the most horrific events in the Cold War, where the USA is directly complicit, it's surprising that a Democrat Media mouthpiece like the Bloomberg would do this for a Republican Administration!
very proud of our neighbour, you are an inspiration to the rest of south asia
i love your culture. love from india
I truly appreciate the resilience of Bangladeshi/Bengali people, Every year 1/3 of the country goes under water for months still delivers explosive growth. It is truly a miracle. Kudos!!
That's a double edged sword and gives positive results most of the times. The submergence in water is what replenished the soil with nutrients is what I hear from some experts. Correct me if I understand it wrong.
Well about 98% of Bangladesh Raw materials come from India Gujurat to be precise
@@ChandranPrema123 what??? You are joking right?
@@peachforeveryone i think he is talking about cotton may be.
Hope Bangladesh Will be a part of Pakistan again. Thanks from Myanmar 🇲🇲❤️🇵🇰
Bangladesh has grown very fast in recent years. I congratulate Bangladeshi people for their success. Love from India , hope we all develop and get a better future for us.
Love to India from bangladesh bro, India has also helped us in many ways❤
@@actionman6411 in keeping our pm
Both India and Bangladesh will be developed in 2045
@@ObeseGorilla229 Highly unlikely but one could hope
@broad builder Bangladesh will be developed soon because Bangladesh is a small country. And it will be the first developed country in South Asia. India will take some time. India will become superpower in 2050 I guess. May both prosper❤
My Bangladeshi brothers and sisters please accept my apologies - for what Pakistan had done with you. I'm litterally crying right now. Keep shining & growing more!
brothers forever 🤝🤝
cry more for a crime thats been exaggerated to utter proportions that it's lost all mesing of semblance.
@@hamzaghazi you are so deluded. You are like those Europeans who deny the Holocaust. But I don't blame you, you have been fed lies and fake history all your life by your media, your government, and probably your entire family.
@@hamzaghazi exaggerated? Once a muslim always a muslim lol😂😂 so you are saying weren't 10 million Bangladeshis killed?
And its governnent fault not ppl
Happy for our Bengali Brothers! Love from India & US.
love from BANGLADESH 💚❤জয় বাংলা
Aren't they termites as per ur HM amit shah
@@el-jp3xp Don't make it negative! You need to focus on what is happening with Hindus in Bangladesh! Hindu Population decreased significantly from 28 % to 8% in Bangladesh! Don't put words in my mouth! I am just saying that I am happy with the Bengali people's growth! If the country is going in the right direction, then their minority can live peacefully. My fellow Hindu brothers can live peacefully in their own land!
Lots of love from Bangladesh 💖💖🇧🇩
@@krutarthpatel9283 we are dying over here everyday!
We need to diversify the economy. While tech is rising we must keep producing more creators, entrepreneurs and problem solvers
That would definitely help. But I see jihadist forces posing a significant risk and derailing achievements gained so far. The trigger would be political instability through another coup.
@@amalsaha7045 people like you are spreading propaganda only to elevate fear among regular people even more are the biggest threat. Jihadists aren't the problem, it's people like you who just can't stand a country grow exponentially over the decades. Cut this bs once and for all.
Bangladeshis are very education-minded people. A lot of engineering professors and students in the US are from Bangladesh. Very impressive.
@@amalsaha7045 another gau murta andh bhakt
@@Sayef_71 Look at Pakistan and Turkiye's Erdodan. Jihadists turned the economy upside down. Those who wait for 11 virgins would comment like this, no surprise. This reinforces the fear.
Once richest region of the world,became poorest by the British
Bangladesh went from being a war ravaged nation which faced a cyclone, war, genocide, famine to now being one of the fastest growing economies in the world with some of the best social and economic indicators in the region. Bangladesh’s rapid development is testament to the endless toil of our people. Joy Bangla 🇧🇩
Yeah dont forget the debt it has asked from the IMF too...its in huge debt that its exhausting its foreign reserves and is almost on the verge of a bailout like Sri Lanka...the growth what is being seen is honestly not much... there's a long way to actually show Nominal GDP growth....its only per capita that seems to have risen....which honestly doesn't really contribute to the Country's GDP growth...
its easy to enjoy social indicators when you take billions of dollars in loans😂
@@priyojitchatterjee6164 Umm Bangladesh has the lowest debt-GDP ratio in South Asia, much lower than India’s if that’s where you’re from.
@@priyojitchatterjee6164 India's Debt to GDP ratio is 89% while Bangladesh's is 31%. You don't know what you're talking about
@@AmanKumar-de1kc Exactly, thank you brother for being educated and not blinded by jingoism. As a Bangladeshi I consider India an historic and fraternal ally and I want to see India succeed and prosper, sad that some Indians don’t want the same for Bangladesh.
Bengal was one of the richest trading destinations for the Europeans who arrived with superior weapons and invaded in stead of just trading.
So it is very misleading to just start from the 1947 or 1971.
But our history of not invading other countries isn’t sexy at all!
Bangladesh has self sustaining features with fertile soil sufficient water and decent working populations.
Unfortunately corruption and incompetence among the bureaucrats and politicians have been a perineal problem.
Because of political expediency they failed to mention the role of Dr Mohammad Yunus in pioneering of the woman’s rights and emancipation !
Late Mr Nurul Qader, a retired high officer who single-handedly started the entire Garments sector after he went to S Korea and learned about the garments industries.
Other than that every one takes credit for the pioneering work these two unique people did.
Inshallah we will be just fine never mind the corrupt and incompetent bureaucrats.
And you are about to go under water with global warming.
@Aka Aka lets ignore that, and the recent killing of more than 1000+ non-muslims .
Hope Bangladesh Will be a part of Pakistan again. Thanks from Myanmar 🇲🇲❤️🇵🇰
@@ashu0 Your sources: Trust me bro.
@@khanch.6807 Google is big enough of a source a single search can show you a lot of much behind saudi's back
Congratulations to Bangladesh from India. You will lead South Asia for a long time if you continue this trajectory.
As an indian,I think a developed Bangladesh, Pakistan would be very beneficial for whole indian subcontinent।😎
True
The fact that you assumed Pakistan and Bangladesh are in the same league is where your assumptions fall flat.
If they want development they should convert to a hindu their original religion
@Ismail Khan divorced? Was that a marriage?
A developed Pakistan is a threat to India.
From 1947 to 1980s Pakistan was doing better than India in terms of economy. And so they waged wars . When their economy deteriorated they realised they couldnt fight conventional warsso they resorted to shadow wars ie terrorists camps and infiltration.
How convenient it is to just forget the fact that the US facilitated the Bengali genocide & also Richard Nixon's racist rant against Bengali & Indians which was declassified by the US themselves.
correction: Bengal was the richest region of the entire world producing 26% of worlds entire GDP alone in the 16th and 17th century before british criminal family alongside other european criminal families robbed them and stole their wealth. please do better research about the history before making any content.
26% ? Highly unlikely.
It is the Mughal Empire not Bangladesh. Both the Mughal and the Qing Empire of China control half of the world GDP in the 16th and 17th century.
@@cakapcakep241 I was only talking about the Bengal region, therefore I was talking about the whole of Bangladesh. Not Mughal empire as a whole.
@@211MAPs It is highly unlikely fo Banglades region to control 26% of the world GDP, maybe it is 26% from the whole Mughal Empire economy.
@@cakapcakep241 better learn the history then argue or comment?
All the best to the people of Bangladesh👏🏾👌🏾; I’m from Rwanda and we know the struggle
Actually during covid this is misleading 🤣
I love and respect Bangladesh From Pakistan. May Bangladesh progress more and more...
i attended an ASEAN shoe conference in Hong Kong today, and Bangladesh representative talked about how its shoe industry grew dramatically over the last decade, where 80% workforce are women in the shoe industry? very suprised to see that it is becoming 2nd largest exporter after China in apparel
Wrong we weren't poor. We were the richest in the world. Our manufacturing was the best in the world. You also forgot to mention how pakistan survived because it robbed most of bangladesh money. Most industry was set in bangladesh
Dhaka was once the hub of global transport
Yes.
That's the reason Europeans came to our land for trading with us.
@@peace163 yes west bengal was also a key part of us. Now look at them. They are being colonised by North Indians but don't realise it.
@@Mrisraeli right.
West Bengal had the luxury of east bengal's raw material.
After partition, they lost all the glory due to not getting easy loot from poor Muslims and low caste poor hindu farmers.
@@peace163 we need to take west bengal, assam, sikkim and North East back.
small land can grow faster of people are hardworking...best wishes from india 🇮🇳🇮🇳
..China
Thanks from BANGLADESH🙂
@@Mrisraeli Thanks from BANGLADESH🙂
@@Mrisraeli i will explain clearly in 10 big nation one will outstand but in small nation five in ten nation will prosper. There is high chance for small nation to speed growth not for big nation.
@@Mrisraeli China literally got American magic wand ! Just see how usa massively invested in hope that they Will get China on there side and become democracy lol china fooled them ! India left alone just bcz of pakistan ka randi Rona Kashmir Kashmir 😑!
0:40 Oh the same Henry Kissinger that said "Well Done" to Pakistan's genocide of Bangladeshis and got mad when India intervened?
"the great symbol of the British empire" 🤣 I know it's out of context, but soon the UK will be the very basket case.
Soon? A few would say it had been for a few years now
I am proud to be Bangladeshi 🇧🇩
You should have also include how USA was silent during genocide and even sent it's aircraft carrier to crush Indian efforts in liberation although USSR helped in avoiding conflict with USA
Task Force 74 wasn’t directed to crush the liberation, but to intimidate India from totally wiping the floor with Pakistan and, officially, evacuate Pakistani forces from Bangladesh.
Hey hey hey. One topic at a time, brother. Bloomberg will pick this up later.
@@MAG320 Anybody notice that Bloomberg didn't mention that Padma Bridge was built w/ China's help?
We're also silent in your ongoing genocide against muslims in kashmir and jammu. BJP and RSS are brown nazis and the world will deal with them sooner of later.
US wasn’t silent during the genocide, they aided and abetted it. The US under Nixon bypassed an arms embargo put on Pakistan by congress and sold weapons to them through third party means. Yahya couldn’t have been as brutal if it weren’t for US support
Bangladesh is a land of potentials.If political instability can be ensured and corruption can be uprooted,it will be one of the most developed country in South Asian regions. We hope this is going to happen because Bangladesh has an enormous numbers of young populations.They are the future of Bangladesh 💙
Fun fact: British Industrial Revolution was occurred by the LOOTED Resources from BENGAL/BANGLADESH 🇧🇩
500,000 dead from a natural disaster, that's hard to comprehend
This disaster's were happening in 90s
@@in_tasin 70s
Cyclic disasters mostly. Boom and bust. Even now You will find the effect area of that cyclone densely populated (compared to other area of the country)
Love to Bangladesh from Egypt
Explain me one thing and I'm curious to know. How can only one industry in majority can save whole nation? Its a necessity and at a same time monopoly... but not permanent solution in a way of development. If they loose LDC, They will be in critical confition in future. With no exemptions of tax. I hope they grow in textile and in other sectors as well. So we Indians can also do business with them and be benefited. All the best Bangladesh.
it cant, it is mentioned explicitly in the video that this is only a starting point but it helps to create infrastucture and framework for other investments
again a little indian always looking for self benefit. You guys would be clueless without Bangladesh
No, while Bangladesh's export heavily depends on Garments products, it also produces a lot to meet the internal demands of 170 people, be it crops, fish, poultry/dairy, medicines, light engineering, ship building, electronics, textiles, leather and so on! Not all economies are export driven! A paltry $50 billion export cannot just keep a nation of 170 millions functioning!
Bangladesh is mostly self reliant in most sectors be it food medicine etc, specifically the pharmaceutical industry is a focus of the government as a post LDC export we are already exporting medicine but not to the level of garments we want to make pharmaceuticals our primary earner as it is a high level industry that would benefit Bangladesh more then garments would
it can't. but u have to start somewhere. how do u include vast amount of unskilled people to the workforce? u pick the low hanging fruit, u make t-shirts. In the meantime, educate and train up people and diversify. Bangladesh is doing exactly that. i live in Australia;went back to Bangla after 3 years, massive shift. Everyone transacting in mobile wallets, my cousin bought a Honda motorbike made in Bangla, I bought a samsung washing machine and S series phone for parents, made in Bangla as well. may sound like nothing but if u were to tell me 10yrs ago, Bangladesh would be making these, i wouldn't have believed you. My best friend left his bank job to a business supplying HVAC systems, cooling towers and making a fortune because that many air-conditioned malls are popping up everywhere, these r just examples how the landscape is changing.
"Vanga" has always been the most prosperous region of India. This part of the country has always been engaged in trading with South east asian nations and many other countries. "Vanga" always been the centre of education and prospertity. Tamralipta port was one of the greatest port of whole Asia. Even before that, it was part of "Anga", one of the 16 Mahajanapadas, "Anga" had very deep cultural relations with "Subarnabhumi" or Indo-Chin region. Modern Bangladesh is part of "Vanga".
Bangladesh and India (Nepal, Bhutan, Sri Lanka and Maldives too) should make an integrated common market like EU. It will provide the smaller nations access to much larger and profitable Indian markets for exporting their goods and at the same time will fulfill India's security needs.
West, China and some of our enemies will never let that happen..
Some corrections: in 1947, British colonial south
asia was divided upon the concept of two-nations theory, between Hindus and Muslims, which is cleverly opted out by the narrator.
The south asia was divided into many kingdoms in
which india was just a part of it. It was not a dividation of india, rather a dividation of the British colony of south-asia. The role of America in support towards pakistan is also missing from the documentary.
That's al Jazeera for you. Anything against Islam is neglected.
Lol, read history from al-jazeera or pakistani text books? It's absolute dividation of British India. 🤣 And yes, india was divided into kingdoms but all of them were considers in indian subcontinent and after Britishers came british India. So basically pakistan is divided from India.
@@kamilshah8966 this happens when you see republic tv 😂 the term india, given by greeks, named after the Indus River which is situated in Afghanistan. If a regine is divided into many small kingdoms, how can they be called by the same name ? 😹 learn the history first, if you literally want to produce a constructive argument.
@@sasoikot4825 indus river is situated in Afghanistan? 🤣🤣🤣
@@kamilshah8966 i'm agree with u. but before british india was also under conrol of muslim.
proud to a Bangladeshi 🇧🇩
hope that it'll continue & we'll be a one of the most important countries of the world in term of economy 💗
It's not gonna happen dear.
@@Meghnaaad aw I feel pity for you. too insecure, too scared. this is just fine entertainment.
@@not_weekra4405 too insecure of what?
@@not_weekra4405 it is never happening
@@user-hl2cw4ow8x that's right
You are never becoming a dad 😅😭
A stable Bangladesh is in India’s interest. The way it has succeeded in textiles is remarkable which many countries can learn from. We are glad it is not being ruled by Jamaat fanatics or Khaleda Zia.
Yes, India should find illegal Bangladeshi and send them back so they can enjoy better life in their high per capita country.
The jamaat-e-islam and Khaleda Zia is radical, extremist and against of democracy.
maybe if you put your nationalism aside for a second and focused on economic growth, things would work out better for you
@@krishshah3974 Just shut the up
Jokes on you, majority of Bangladeshis are pro-Pakistan and anti-India to the core. Hasina puppet wouldn't get even 10% votes had the elections been honest. And despite Hasina in power, Hindus are going through a genocide under coward India's nose.
Bangladesh been the most resilient country on the planet is debatable. There are many countries that are more resilient and self sufficient than Bangladesh. But I am happy for them and their tremendous progress since independence.
Don't be an idiot. She didn't say "most resilient". She said "might just be the most resilient", which means it might be or not.
Congrats Bangladesh from Philippines
:)
Love from Bangladesh ❤️
Awesome Video....
Looks pretty well researched and sourced
Indeed, Bangladesh (Bengal) was the r i c h e s t part of India and one of the most prosperous parts of the world for centuries before the British colonial rule. (The European merchants started to arrive in India/Bengal in the middle of the Mughal period (in the 17th century and the British colonial rule ended in 1947). Bangladesh has began the journey again to recover its historical position after the overthrow of the long colonial deprivations (between the middle of the 18th and the second third of the 20th century) since the liberation war of 1971.
*Eastern part of Bengal
@@jirachi-wishmaker9242 nah bengal
@@Exposia Bangladesh is not Bengal. It's Eastern part of Bengal.
@@jirachi-wishmaker9242 Bangladesh is the major part of Bengal.
@@jirachi-wishmaker9242 Bangladesh is the only legitimate representative as a whole of historic bengal.
If Bangladesh is prospering so much then why do Bangladeshis illegally cross to India and illegally settle In there? Can't they find jobs and open businesses in their own country?
India has 1 billion population which means bigger market than Bangladesh.
To increase m market u understand?😮💨
But Bangladesh is again now having problems like Inflation on petrol price which is 52% due to dependence on only single industry which is textiles only
Increase in oil price is because they stopped subsidizing it. The 52% increase is the normal value of fuel all over the world now.
"now having problems like Inflation on petrol price which is 52%" True cause BD govt has stopped subsidizing fuel oils recently & about Inflation India also facing such situations more or less just because of its diverse economy it's more resilient toward these sudden shocks also these problems are on more preliminary level compared to Bangladesh if not careful same situation may occur to you too. Bangladesh indeed struggling these days due to its policy change to safeguard its situation for a longer period to come due to certain instability occurring on global scale. No need to put out certain frustration which Indian current government party has faced because of its neighbor's unprecedented success (i hope that's not the case as we know how immature & biased BJP supporters can actually be), Thank you.
The reason of oil prices are increasing not for dependent in textile industry it happens for the conflict of Russia and Europe.
The whole world is having high inflation. Now we are going to buy cheap Russian oil.Hence, oil price is going to decrease soon.
The USA increased their oil prices 52 % as well. It’s a world problem.
Hope other countries of South Asia invest more in infrastructure, education and employment creation as south asia is the major hotspot for low income people.
India again moved ahead of Bangladesh in per capita income, it only came down temporarily because of the devastating pandemic in India.
Yes, typicalnof an indian. As if the pandemic only affected your country. Always sorry excuses and whinning.....
Actually Bangladesh is now higher than India's GDP per capita late into 2022.
Where.. In your dream?..😅
@@neutralperspectives1115 chup be bangladeshi, IMF ke paas ja 😂😂
@@Meghnaaad Godi media fan
Bengal was one of the richest trading & cultural heritage centre of the world in ancient and mediaeval India, India controlled 25% of GDP of the world and Bangla region controlled 20% GDP of India, British came and reduced it to dust. Bengal genocide during British and later by Pakistan aided by USA in Bangladesh is one of the worst human genocide in history. They have came a long way. Perhaps The biggest challenge now would be to keep Islamic fundamentalism at bay.
one of the greatest threat to bangladesh is how power transitions from one person to another. if u talk to anyone here, they still support the idea that leadership should transition in a hereditary path instead of competence based debate and election.
if u look into how the two major or any party vaying for an election all of them have its leaders associated with their founders. Hasina got party nomination cuz she was its founder's daughter and zia got the same cuz she was the wife in her party. this problem is so deeply rooted in our culture and thinking that its not even discussed in any conversation. Leaderships and how they are chosen is an important aspect of a working democracy, and should not captured by family dynastic politics. we should have serious discussions on how we choose our leaders and be aware of nepotism in our current system.
ofcourse the country is becoming more and more one party state as there is no opposition and laws such as digital security is eroding freedom of speech and discussion which is another can of worms.
Are you from Bangladesh? I’m genuinely interested in knowing more about this.
Even though it is all done using a lot of debt, they have risen from one of the poorest that is remarkable.
Man, every country has external debt. Japan has highest debt. U know that.
@@vinodkumar-xr6jm Bangladesh owes most debt to IMF and World Bank which are directly under American influence but yet there are still people shouting how Bangladesh will fall into China's debt trap when China doesn't even take 15% of Bangladesh's actual Debt 🤦♂
@@vinodkumar-xr6jm I never said debt is bad, I said it is remarkable what they have done.
0:09 "BRITISH RAJ" not British lndia. There was no lndia till 15th August 1947. Thanks.
@@akhanddbangladesh8274 And why am I being informed of that?
its no secret now that like bangladesh indias prosperity would also stem from; women empowerment; especially in rural areas.
5:03 The real freedom fighters in real-time, how proud and determined they look!!
Bangladesh surpassed India ? What !!!
Bangladeshi GDP per capita is higher than that of India so does HDI that proves indistinctly Bangladesh has a better quality of life
@@niloy3541 Bankrupt Sri Lanka ranks even better in those factors you mentioned then bangladesh and India so by your logic Sri Lanka surpassed India ?
Sorry your argument is not acceptable..
India is 10 trillion doller nominal GDP and 3rd in the world.
where is bangladesh, begging to Imf?
Debt trap😆
I Feel proud when someone apologue to us.
Why did Bloomberg not even briefly mention how staunchly/aggressively the US opposed to India's intervention??
Because this video is about Bangladesh's growth😊🇧🇩🇮🇳
Because Bloomberg and other western news’s channels wants to show India in bad light, at every possible instance.
not everything is about you lol
western media lol
@@gatech5190 It's not about us. It's about how the US was complicit in trying to stop Bangladesh's liberation
Didn't they go back to being poorer than India 😂
How did you know that were poor then India by comparing the economy of both countries? hahaha, just compare the GDP per capita, it calculate how richer you are.
@@in_tasin See the GDP per capita of both countries now. India is ahead now :)
@@YashSharma-iv7ok -
As you’d expect from a 1 billion+ populated country :)
@@in_tasin Bangladesh's gdp per capita is now 2561 $ and India's gdp per capita - 2604 $ from world bank. Yeah you think that your gdp per capita is 2800 $+ but it is from your government not from any international agency like - world Bank, imf.
@@ax-11z86 Bumbum bu bumbum
At this point, the only challenge Bangladesh has is the religious tension among them. Minorities are still very far from living In a truly secular environment. Every other day a minority neighborhood gets vandalized because of fake rumors started on the social media. During the time of festivities, religious harmony hits absolute rock bottom consistently with the league of religious artifact vandalism.
the main challenge of Bangladesh is Non elected mafia regime. who did not do much reform if any. and what you are describing is not a regular occurance. it occurs some time. and with the last years durga puja event, it must have political setup. creating issues and seeking minority votes ;)
Religious problems are not in bangladesh, its mostly in india, this is the reason bangladesh is doing well now... you're only referring to few social media incidents but these few incidents happens everywhere.. not like india in masses they fight against minorities.
@@AshrafAli-is4wv Bangladesh doesn't fight against the minorities. As much as I've learnt from the news, it is totally a one-sided affair!
It's just a matter of time before bangladesh becomes next pakistan in all ways!
@@msdolly6101981 Correct. I would predict that as soon as Sheikh Hasina's Government is overthrown from Power by the communists or the Izlamists, Bangladesh Will Become the New Pakistan.
I see a rise of Izlamism in Bangladesh, and the only barrier to that is Sheikh Hasina. But that won't last for long and then again Bangladesh Will Become an extremely poor country.
90% Bangladeshi steel wear lungi and smoked biri as a cigarette
Poor mind
Great work 🥳 Thank you 💜
Their per capita is lower than india now.they are in debt now 🙄
Bangladesh will be literally under water soon..
World Bank declined to provide a bank loan for the construction of the Padma Bridge. The Padma Bridge project entailed a collaboration between companies from China and Bangladesh, with the aim of building a bridge to connect the states in Bangladesh for improved trade and it's people. Despite the setback, Bangladesh government officials have demonstrated prudence in their approach to infrastructure development, recognizing the importance of road connectivity in promoting economic growth and development. Kudos to the government of Bangladesh for their strategic vision and efforts towards improving their infrastructure.
Two main reasons for current Bangladesh success is the higher participation of women in their workforce, and the horrible implementation of demonetisation by the Indian government in 2016 which helped Bangladesh to surge ahead of india in per capita income, congrats to Bangladesh
For india to again race past Bangladesh and other countries in per capita income they have to improve women participation in workforce and absolutely do not implement anything like demonetisation ever again
The move to low-skilled,labor-intensive manufacturing is the key and has been demonstrated time and time again as the most effective path to economic prosperity.
The Grameen and Brach experiments have not been demonstrated to be anything other than well-meaning but useless (to economic progress) sideshows.
what do you mean ?
Wonderful to see one of our South Asian neighbours, one that was having such a hard time, finally rising up. Their garment maufacturing is A++. Keep it up my friends. Regards from SL
Stop the war, think about the people, respect the basic rights of the people of the world equally.
Nice to see Bangladesh progres sing........regards from Indonesia
Congratulations to Bengladesh from India hope you'll get Imf bailout.
haha kiddo just follow your indian media
@@niloy3541 😂no actually i followed western media reports sorry if they misquoted about your request to imf.
N coming to India for money?
Title is so misleading
The improvement of women social condition implemented by Bangladesh is an example for India and Pakistan.
Love to people of Bangladesh from Jakarta
Resilient in the form that we accept everything even injustice and corruption. Our law system is broken and like south korea, the wealthy groups are controlling the country's interests. The government needs support from government officials, military, business unions so they try to please them to stay in power. All of these are possible because we are resilient and the country is still running amid such circumstances since independence.
Injustice and corruption is there in every country. Whether the benefits reached the poor can be judged by the fact that overall poverty reduction, better infant mortality, education, femle participation, lifespan etc. When they are improving, it means the system is working.
Biggest threat to bangladesh is ISlamic radicalisation. Pakistan was also growing fastest in Asia after its Birth ...but then ..
Family planning is key for development after RMG production , womething which india lacked due to politics.
Not necessary . Already our fertility rate gone to 2.0
Thank you Bloomberg.
But wait isn't there oil crisis in Bangladesh?
There is !
@Afghanistan: Hey, are you listening? All these topics like using your low-nation status to your own advantage, women in the workforce, basic industry development, secularism! Perhaps some of these are applicable to your country and situation.
@all Muslim world, and @all africa.
@@shuaige3360 india Hindu countries. Most unemployed 300 hindu million women joblessand baby factoriss
We have yet to Achieve a'lot more heights.. We've that Potential & Capabilities...& the Momentum is with us! 💯🇧🇩
We can clearly see Bangladesh begging now!
Looks author has made this video based on 3-4 year old story
Its s bubble that will bust.same what happened in sri lanka now they are on streets
You and others a mess,
Did you really know the meaning of a Bail-out, currently in this world only the Sri Lanka needs a bill out, Bangladesh didn't seek for a bail-out, it just a latest soft loan to recover the Forest Reserve reduction even-do the last month Bangladesh Bank gets 2 billion dollar in Reserve as remittance.
[Stop making another country a debt case]
Ends in sep
I hope Bangladesh becomes a Highly Developed High-Income nation soon :)
I wish they wouldn't censor historical footage.
Proud that Bangladesh is growing better and bigger surpassing us(India).
@alphabet sim you will get your answer, if you understood why Indians are migrating to US,CAN, UK...etc😏
@@SinghAaditya there is different between migration and illigal migration dude.. understand dis
@@myowncorner767 dude so Indians don't migrate illegally in US/UK/CAN??
You want me to show u stats??
Stop commenting and do some research!
First question what did the international community get for the help it gave.second was it a fair exchange.third was enough medical compensation given to the workers for occupational hazards. Has the nation developed or be exploited.the answer to the last does not depend on per capita income or standard of living improvement but on whether what resources both human and material they as a nation v given to the world v they received the appropriate returns
ans to all your que - bangladesh dosent suffer from famines now and millions of people do not die due to lack of food. At the end of the day if this generation of bangladesh lives a better life than its previous generation everything is worth it
Whether worth or not the dead the sufferers the exploited know best
@@nitinchhabria9781 lol it's the case with every developing country, a few generations will have to suffer for the benefit of the next generation, focus on your own country lol, also you don't help someone with hopes of getting something in return, that's called business transaction, not help
@@skinguru241 how much should the suffering even death or living death? Is material success at any cost at the quickest possible pace the only consideration on which human species going to survive .will not a more balanced approach to all aspects and to as many as possible lead to a more mature healthy calm peaceful civilization
@@nitinchhabria9781 there's no time for balance, India is extremely poor and backwards on every conceivable metric, 70 percent of the total wealth is owned by the top 1 percent, is this balanced growth, without radical changes, India is doomed for failure
Islam doesn't lower the rights of women reather it give more privilege then any other society specially Western society!!! They treat women as products that is no one can deny it.
You will see in Muslim country how much people respect and care for women.
The story of Grameen Bank is fascinating, the founder Muhammed Yunus won the Nobel prize for it's achievements is tackling poverty
If bangladesh joined west bengal and formed a single country it would be the richest country in 20 yrs.
If West Bengal joined Greater Bangla. Bangla would be rich in 20years!
Funny thing is I'm hearing about Bangladesh falling into recession sooner than India 😂
In your dream! Don't believe what you hear every time! It's also detrimental to you 😂
What a ridiculous, pro-USA propaganda piece.
1. Micro-Finance has NOT been successful.
2. This overstates the usefulness of USA's "NGO" role.
RIP🙊
Fascinating piece about Bangladesh and that's a lot of pain experienced by such a young nation while still retaining optimism for the future
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