Tag Archives: Bangladesh

The next China? India must beat Bangladesh first

“Any emerging economy that performs well is good news,” Kaushik Basu, a former World Bank chief economist, tweeted after the International Monetary Fund updated its World Economic Outlook. “But it is surprising that India, which had a 25% lead five years ago, is now behind.” Ever since it began opening …

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Officials on criticism of the IMF report

India’s Gross Domestic Product (GDP) in terms of purchasing power parity (PPP) in 2019 was 11 times that of Bangladesh, government sources said. In 2019, India’s GDP in terms of purchasing parity was 11 times that of Bangladesh, while the population was 8 times greater. In terms of purchasing power …

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