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Lecturer Irtifa Alam Nabila
Department of Disaster and Human Security
Management
Faculty of Arts and Social Sciences
Bangladesh University of Professionals
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
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
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
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
ο‚‘ Western monetary sanctions imposed
in reaction to Pakistan’s 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
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.
ο‚‘ until 1978/79 that per capita income had
recovered to its pre-independence level.
ο‚‘ Bangladesh’s 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 1990’s.
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.
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
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.
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.
A tale of two economies
A tale of two economies
A tale of two economies
A tale of two economies
A tale of two economies
A tale of two economies

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The Economic History of the U.S. Lecture 18.pdf
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A tale of two economies

  • 1.
  • 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 Pakistan’s 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‚‘ Bangladesh’s 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 1990’s.
  • 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.