This document discusses the economic growth and development of Bangladesh and Pakistan since their separation in 1971. It notes that in 2018, Bangladesh's GDP per capita overtook Pakistan's, being $1,754 compared to Pakistan's $1,641. Some key factors that contributed to Bangladesh's growth include a decline in poverty and unemployment from the 1970s-1990s, growth in the garment industry, a stable political environment compared to Pakistan, lower population growth, and greater investments in areas like power, agriculture and industry. Bangladesh was also able to achieve stronger human development outcomes relative to its GDP compared to Pakistan.
2. Lecturer Irtifa Alam Nabila
Department of Disaster and Human Security
Management
Faculty of Arts and Social Sciences
Bangladesh University of Professionals
3. Name :Mohammed Sadman Sakib
Class ID: D18131020
Department: Disaster and Human Security
Management
Session: 2017-2018
Bangladesh University of Professionals
Name :Nafee ul Islam Bhuiyan
Class ID: D18131044
Department: Disaster and Human Security
Management
Session: 2017-2018
Bangladesh University of Professionals
4. After 1971 the two countries got separated which
was known as East Pakistan and West Pakistan
after 1947.The East Pakistan became
Bangladesh and theWest Pakistan became
Pakistan after the liberation war of 1971. . In
2018 GDP per capita of Bangladesh is 1,754
dollars where the GDP per capita of Pakistan is
1,641 dollars. Where the growth of Bangladesh
is 7.65% and 5.79%.The country which was far
behind and younger and smaller than Pakistan
overtook Pakistan in 47 years
5. ο‘ To know the history of economic growth of
two countries
ο‘ The reasons behind the economic growth
ο‘ The obstacles in the economic growth
ο‘ The reasons behind overtaking Pakistan
6. ο‘ the poverty increased 55% in 1971-72
ο‘ Then flood, pest attack etc made a down fall
in 1974-1977
ο‘ Poverty rate declined to 29.1% out of 1986-
87. Joblessness rate declined from 3.7% out
of 1980 to 2.6% out of 1990
ο‘ in the late 1990s, when the public debt/GDP
ratio rose from 57.5%in1975-
77to102%in1998-99. Similarly, the public
debt/revenues ratio rose to 6.24% in 1998-99
7. ο‘ Western monetary sanctions imposed
in reaction to Pakistanβs nuclear exams on 28
May 1998
ο‘ Poverty incidence multiplied to 34.5% in 2000-01
and then lowered to 22.3% in 2005-06.
Unemployment charge increased to 7.8% in
2002 and then declined to 5% in 2008. Adult
literacy was once 55% in 2007-08. Pakistan
skilled monetary crisis in 2008 and the prime
effect of global economic crisis in 2009-10. In
2009-2010
8. ο‘ March 2010, the whole public debt amounted
to Rs.8, 160 billion with a total public
debt/GDP ratio of 56%, while the foreign-
currency denominated debt/GDP ratio was
25%.The inflation rose in 2010, 2013and 2016
by 13.7%, 8.6%, and 4.2%. .Then the foreign
trade and investments decreased in 2018.
9. ο‘ until 1978/79 that per capita income had
recovered to its pre-independence level.
ο‘ Bangladeshβs per capita GDP has extra than
doubled considering that 1975
ο‘ The increase of per capita GDP had
been sluggish in the 1980s, at an
annual common of 1.6 percent a year, but it
accelerated to 3 percent in the 1990βs.
10. ο‘ In the 21st century the economy boosted up.The RMG
export increased the industry got bigger.the civil war
in Srilanka made the investors to invest in Bangladesh
as it was safer.The political condition got instable in
2005-2008.After that the political conditions got
better.The business increased the power production
increased.The agro business expanded and the export
import increased. But in 2015 there was a downfall.
The political situation got instable and the business
had a downfall.Then the loss recovered when it got
stable. In 2018 Bangladesh overtook Pakistan on
population control, education rate and GDP.
11. ο‘ Progress in the human development symptoms was
once even greater impressive. Bangladesh
ranked amongst the top performing countries in
the Nineties in the extent of enchantment in the
UNDP Human Development Index and it
is amongst the few growing nations that are
on target for attaining most of the Millennium
Development Goals. As a result, Bangladesh is now
clearly an over performer in most
social improvement warning signs in relation to its
per capita GDP, whereas two a long time or so ago,
it was once in reality a laggard among
countries with comparable per capita profits degrees
12. ο‘ The political condition was stable in
Bangladesh
ο‘ There were less money inflation in
Bangladesh compared to Pakistan
ο‘ The industry grew faster because there were
much resources
ο‘ The population increase rate got lower
successfully by Bangladesh.
13. ο‘ The literacy rate is higher than Pakistan
ο‘ The power generation is greater than Pakistan
ο‘ The RMG and renitence was more than Pakistan
ο‘ The exploitation of gas and other resources added a
value
ο‘ The rise of the private sector gave a boost to the
economy.
ο‘ The unemployment rate is lower than Pakistan.
ο‘ The agro business increased drastically.
ο‘ The foreign aid and investments were high in
Bangladesh.
ο‘ The civil war in Srilanka gave some advantage in RMG
sector.
ο‘ Pakistan invested more on war and arm trades.Where
Bangladesh invested on the development.