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Comparative economic development between pakistan and bangladesh

The research scope of the subject, however, has been marginalized. between stock market development and economic growth of two Asian developing countries, that is, Pakistan and Bangladesh, after the liberalization period of 1990s. Comparative advantages. The political relations between the two countries date back to the time of the emergence of Bangladesh as an independent country. systematically unpack the relationship between economic growth, employment and poverty reduction. The increasing proportion of Pakistan’s youth provides the country with a potential demographic dividend and a challenge to provide adequate services and employment. East Bengal became East Pakistan in 1955, but the awkward arrangement of a two-part country with its territorial units separated by 1,600 km left the Bengalis marginalized and dissatisfied. > Studies have shown a significant relationship between economic growth and human development but in two chains. Pakistan extends state credit to Bangladesh and Bangladesh established a sugar plant and a cement factory with the state credit of Pakistan. This research find outs the reasons of dropouts in Pakistan and more importantly comparative analysis of the causes of students dropouts globally. Issues for the Joint Economic Few differences are found between the approaches taken by companies in Bangladesh and Pakistan. High population growth, a relative lack of energy supplies and capital investments in infra-structure, and bad governance with high corruption in the public sector hinder its economic development. 3% by 2008, while Pakistan has fallen only by 4. For more than 10 years the rate India came forward immediately with critically measured economic assistance in the first months after Bangladesh achieved independence from Pakistan. In 1960 there was a Teaching Conference of East Pakistan, at Dhaka. The colonial legacy - institutional, strategic, economic as well as ideological - informed the dialectic between state construction and political processes in critical ways. oration between the Center for Research in Rural and Industrial Development and the Sustainable Development Policy Institute in Pakistan to survey NTBs between India and Pakistan. Saxena received her Ph. Economic Development and Trade Policy. – The results support the positive role of FDI in boosting the aggregate stock market development in long run. 9B. A descriptive method employed in this regards. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development. Introduction There are a few issues which have been long debated and have been not resolved in the literature of development economics, the affect of different factors on the GDP as economic growth is one of them. Although the convention applied to it since 1960, when it was a province of Pakistan, government. The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Econs XXIX, 1&2 (2006) 69-79 Research Note COMPARATIVE ADVANTAGE OF SUGARCANE PRODUCTION IN PAKISTAN Asif Khan Arshad Farooq Khuram Nawaz Saddozai ABSTRACT This study was undertaken in 2003-04 to determine the competitiveness of sugarcane production in North West Frontier Province (NWFP) of Pakistan. The results indicate that, in Bangladesh, a shock to infant mortality rate on women’s labour supply is more effective than in Pakistan, and that a positive shock to primary education on women’s labour supply is more effective in Bangladesh than in Pakistan. Pakistan’s scant investible resources, plus foreign aid, are directed unduly to the development of West Pakistan – to the comparative neglect of East Pakistan; In particular, East Pakistan’s foreign trade earning are diverted to finance imports for West Pakistan. Impact of globalization and trade openness on economic growth in Bangladesh in 2010 and US$588 in 2011 (constant 2000US$) (World Bank Report, 2012). Ghana commercial bank and Agricultural development bank. Data range from 1980 to 2009. For a country like Bangladesh, rural development is important. The bilateral relation between Bangladesh and Canada is traditionally friendly, and has grown over the last forty-three years. While economic cooperation between China and Pakistan has increased considerably since the turn of the millennium, Beijing’s stakes in the Pakistani economy are set to increase exponentially in the form of CPEC commitments: to date the Chinese government has pledged more than $54 billion. China can take the Burma horse to the pond, but Burma will not be able to drink water however China tries. It covers an area of 32,87,263 Km2. th. There are differences of physical environment-Pakistan is a country of arid lowlands and high mountains whereas Bangladesh is well watered and low-lying, apart from the small hilly eastern region inland of Chittagong. Sanchita Saxena is an administrator, author, researcher, consultant, and lecturer with a focus on international development and policy making. Comparative Economic Development: Pakistan and Bangladesh. There is a direct link between the rural development and the development of our national economy. The rural sectors contribute about two-thirds of the GDP. A major proportion of the book reflects upon the issues that have not been previously touched upon such as the dimensions of energy in the modern age, anatomy of the energy crisis in Pakistan and its socio-economic implications, overview of the energy sector/departments, and the role of relevant In Pakistan the task of policy making and planning in all spheres of development including education is mostly carried out by the Planning Commission (PC), which has been responsible for developing five-year development plans since its inception in the 1950s. It is bounded by Pakistan and Afganistan in the North West, China, Nepal and Bhutan in the north, Mayanmar and Bangladesh in the east. The reason behind this is that most of the people of the country are living in the villages. analysis of the link between openness and economic growth. Pakistan’s history during 1947–71 is characterised by two distinct SME Banking in Bangladesh A Socio Economic Analysis - SME Banking in Bangladesh A Socio Economic Analysis SME financing is a topic of significant research With respect to the SME sector of Bangladesh Overall Economic Development of Bangladesh through SME September 24th, 2018 - Overall Economic Development of Bangladesh “Success factors for women’s and children’s health: Bangladesh” is the result of a collaboration between the Ministry of Health and Family Welfare (MOHFW), coordinated and supported by the WHO country office with technical assistance from the Centre for I bet if development of arms and nuclear weapons were considered measures of economic growth, Pakistan and India would be # 1 & 2, respectively - highest in the world! Recommend 0 Khawar Saleem Aslam ANUM AKMAL and QASIM SALEEM , “EXPORT GROWTH OF TEXTILES AND ECONOMIC DEVELOPMENT IN PAKISTAN AND INDIA; A COMPARATIVE STUDY” , International Journal of Management Sciences and Business Research, 2012, Vol. Within South Asia, India’s HDI value is above the average of 0. Different activities are being operating to maintain the Economic Cooperation between Bangladesh and Pakistan . The economic relations of China and India with Pakistan: a comparative analysis In recent years China has taken several steps to improve trade and investment relations with Pakistan, including, among others, the signing of a bilateral free trade agreement (FTA) in 2006. Bangladesh), Board of Investment (BOI), Bangladesh, Bangladesh Bank Bulletin, Economic Trend, Bangladesh Economic Review, World Investment Report 2010 published by UNCTAD, websites, journals, books and newspapers etc. Pakistan, and India. Bangladesh got its independence in 1971 as a result of Pakistan’s defeat against India in war before 1971 Bangladesh was part of Pakistan and was known as east-Pakistan and the Pakistan of today was known as west-Pakistan, though both were 1000 miles apart, but were part of a unified Pakistan with economic and political power concentrated in The market-based economy of Bangladesh is the 31st largest by purchasing power parity and 42nd largest in the world in nominal terms; it is classified [by whom?] among the emerging market middle income economies and a Frontier market. As Table 1 shows, Sri Lankan women have scored highest compared to India is lying between 8° 4' and 37° 6' North latitudes and 68° 7’ and 97° 25' East longitudes. The programme, with support from the Canadian government, included research on enterprise and market development and a comparative study between CFPR and other strategies targeting the ultra-poor in Bangladesh. comparative advantage in labour intensive manufactures in the world market. ˚ey investigated the potential increase in trade between India and Pakistan if the sensitive list of im-ports between the countries were abolished and cross-bor- Given demographic challenges, Pakistan’s leadership will be pressed to implement economic reforms, promote further development of the energy sector, and attract foreign investment to support sufficient economic growth necessary to employ its growing and rapidly urbanizing population, much of which is under the age of 25. Among the Muslim countries, Bangladesh is at the advanced stage in developing nuclear power plants for peaceful purpose. 42, p. and sophistication, particularly with reference to Pakistan and Bangladesh. I use this blog to keep in touch with my current and former students. He said inequality in all its forms and dimensions, between and within countries, limits people’s choices and opportunities, withholding progress. . 3 (Autumn 1981) The Socioeconomic Position of Pakistan in the Third World M. , after a particular threshold point), the power of the association This study discusses the current rebirth of economic relations between Pakistan and India and the shift of Pakistani investors to Bangladesh. This book illustrates the enduring relevance and vitality of the comparative political economy of development approach promoted among others by a group of social scientists in Oxford in the 1980s and 1990s. Economic issues between India and Bangladesh: Bangladesh's Comparative "Disadvantage" India is the largest country in the South Asian region in terms land mass, population, and GDP, and the India/Bangladesh relationship is largely a function of the disproportionate economic power that India enjoys. 1). relationship between health expenditures and economic development. HUMAN DEVELOPMENT, DISPARITY AND VULNERABILITY: WOMEN IN SOUTH ASIA 2016 Human Development Report 6 BACKGROUND PAPER LONGEVITY, LIFE AND LIVELIHOODS Gender-disaggregated data clearly show the comparative advantage of females over males in terms of life expectancy at the age of 70. , 1995. Bangladesh’s export-oriented ready-made garments (RMG) industry has made significant contributions to the country’s economic development over the last four decades. Dr. Comparative Analysis of Corporate Governance in South Asia 1 Preface In 2002, Bangladesh Enterprise Institute embarked on a project to examine the current state of corporate governance norms and practices in Bangladesh, India, Sri Lanka, and Pakistan. In 2015, Pakistan’s population was estimated at 189 million, while Bangladesh was an estimated 161 million (Fig. The division of development projects between the Centre and the province did not follow any definite principle. In such a context, this study provides a comparative analysis of South and South-east Asia – the major economies of India, Pakistan and Bangladesh are selected from the former region and Indonesia, Malaysia and Thailand are selected from the latter for focused analytical inquiry into energy supply situation and energy policy framework. U-shaped pattern hypothesis between women’s labour supply and economic development. e. In surveying country specific literature to confirm these estimates, I conclude (1) social and religious norms hinder women’s empowerment in both regions. Agric. But other concerned countries are not following the directed lending. This paper discussed economic development in Pakistan and Bangladesh. All these statistics reflect the importance of SMEs for economic development in Pakistan. And in some of these trades, Firm-based theory is not that much applicable. Bangladesh has ratified several international human rights treaties, including ILO Convention 107, and its accompanying Recommendation 104 (which supplements with detailed guidelines the broad principles contained in Convention 107). 1b Bangladesh’s Trade with India, Nepal, and Bhutan 142 The policy and institutional areas shown to be important determinants of comparative advantage include physical and human capital accumulation (especially secondary and tertiary education), financial development, the business climate, as well as a number of aspects of labour market institutions. COMPARATIVE STUDY ON BANKS PERFORMANCE BETWEEN BANGLADESH AND PAKISTAN economic performance. This will help to trace the origins of, and put in context, its alleged exceptionality. economic development. Pakistan is the 66th largest export economy in the world. The problem initiated with the separation of India and Pakistan in 1947. century and the first few decades of the 20. Pakistan, India and Bangladesh. 1. In 2016, Pakistan exported $24. the GDP of Bangladesh. It will take no less than a trillion years for the Burmese to learn how to develop their native country. India is placed 130 out of 188 on the Human Development Index (HDI) with Bangladesh at 142 and Pakistan at 147. In this paper we examine this statement by reviewing the literature that examines the openness-growth link. During the 1960's the economic disparity between East and West Pakistan fuelled the movement for provincial autonomy in East Pakistan and subsequently the movement for national independence in what became Bangladesh in 1971. Between December 1971 and January 1972, India committed US$232 million in aid to Bangladesh from the politico-economic aid India received from the US and USSR . From the comparative study we found that Bangladesh is maintaining a high rate of provisioning for unclassified loan. Economic development usually refers to the adoption of new technologies, transition from agriculture-based to industry-based economy, and general improvement in living standards. growth enabled Bangladesh to reach the lower middle-income country status in 2014 (World Bank, 2017). M. in different countries. In the third section, I analyze the most Dear Sir, I would like to submit my internship report on “A Comparative Analysis of Real Estate Companies in Bangladesh: A Study on Advanced Development Technologies Ltd and Other Leading Companies” for partial fulfillment of BBA program with specialization in Marketing. Economic Growth in Pakistan: A Sectoral Analysis PAKISTAN INSTITUTE OF DEVELOPMENT ECONOMICS ISLAMABAD PIDE Working Papers 2011: 67 Zhao, H. Later with partition of the East and West Pakistan the political difference between Bangladesh and Pakistan also became significant. Differences: The differences between Pakistan and Bangladesh outweigh their common features. This study is conducted to assess the impact of road development on the environment as well as associated practices and methods of steering EIA in these nations. This study investigates the Revealed Comparative Advantage (RCA) analysis for the ready-made garments (RMG) exports of Bangladesh and major competing countries i. In this study we estimate the effects of FDI on economic growth by Ordinary Least Squares (OLS) method using time series data for the period 1974-2006. This is a product of Mexus Education Pvt. 1, Issue 8. In cases of Japan, Nepal, Thailand and Singapore the existence of uni-directional causality running from FDI to economic growth is observed whereas the uni-directional causality is also found running from economic growth to FDI for Pakistan, Sri Lanka and Bangladesh. ADP stands for annual development programme which is an organized list of projects in various sectors. The Impact of Situational Factors on Forum Choice and Criminal Justice System Development in Bangladesh Kristina Lugo, Elizabeth A. Keywords: Economic Development, Comparative Study , Pakistan , Bangaldesh 1. For the same period, Pakistan’s under-five mortality rate was estimated at 87 per 1,000 births, more than twice Bangladesh’s rate. The extant literature presents a profound discussion on the political, geographical, historical, economic and legal relationships between these countries. To attain scientific and technological competence and self reliance to help increasing production and employment in various sectors of economy ; To be in consonance with the socio-economic, cultural, educational, agricultural and The current territories of Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, India, Pakistan, and Sri Lanka form South Asia. The MTDF is the Pakistani version of a higher education strategy. The extent and nature of central government interventions varied over time with changes in the political land-scape of the country (Sadeque, 1957). A comparison has been made between EIAs of Pakistan and Vietnam. the study, economic growth of Bangladesh leads both FDI and export growth and there is a unidirectional causal relationship between FDI and export with direction from export to FDI. In Pakistan Income tax, Sales tax, custom duties, excise duties, worker welfare tax and surcharges etc. The four areas of CSR studied include human rights, labor standards, environment, and anti-corruption. I am a professor of economics at Jacksonville University, where I teach courses in introductory economics, comparative economic development, and globalization. Human Development Group Members Arsalan Ali Raja Hassan Khan Introduction > There is a strong relation between economic growth and human development. Her primary research areas are human trafficking, transnational organized crime, and comparative criminal justice This book, by Christopher Candland, sets out to provide a documented analytical and empirical study of the linkages between organized labor, development, and democratization in India and Pakistan from the colonial period till date. The head of the agency that promotes investment has said Bangladesh needs ‘innovation’ and “research and development” to fuel its economic growth in wanting to be a developed country by 2041. This page provides - Bangladesh GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 60 Economic Cooperation and Security Spill-Overs: The Case of India and Pakistan In the first section, I outline the political and economic relationship between the two countries since 1947. Foreign Aid and Economic Growth Nexus: A comparative study of Pakistan with four SAARC countries Abstract The aim of the present study is to investigate the impact of foreign aid inflows on economic growth in selected four countries namely Pakistan, India, Bangladesh and Sri Lanka of SAARC. Searing ∗ Kristina Lugo is a PhD candidate in Justice, Law & Criminology at American University. He tried to reform Pakistan's stultifying economic regulations and carry out the denationalization (privatization) of firms and industries that had be nationalized by the regimes of the Bhutto family. East Pakistan seceded from its union with West Pakistan in 1971 and was renamed Bangladesh. This study considers the Democracy, rule of law & governance; Human index, and Economy structure in this regard. Course Description . The data set consists of a 21 years (1985-2006) time series data of trade variables of four Pakistan’s economic growth (Ahmed & Ahsan, 2011). Keep on dreaming of doing something good by Myanmar, the racist country of Asia. Except for Afghanistan (-20%), all countries displayed a positive growth rate, with Bangladesh and Pakistan being the fastest. The Relationship between Competition and Industrial Policies in Promoting Economic Development By Pakistan The views expressed are those of the author and do not necessarily reflect the views of UNCTAD. Keyword: GDP, Pakistan, Bangladesh, Different Factors 1. This development is pertinent to India, as China and India are not just similar in size but also in factor endowments. The department is a lively community that is recognised internationally as one of the top centres for research and teaching in development studies. The causal effect of reducing trade policy uncertainty: A comparative case study of Bangladesh's textile exports to Switzerland to Bangladesh's economic • Strong contemporary convergences between China and Bangladesh • Kunming and Chittagong stand to benefit from the global economy’s shifting centre of gravity • Geography could be a strong determinant of Chittagong and Kunming’s growth, their comparative advantages, complementarities could result in a I am a professor of economics at Jacksonville University, where I teach courses in introductory economics, comparative economic development, and globalization. economic growth of every country. Economic and social outcomes in Pakistan over the last sixty years are a mixture of paradoxes. 3 Transport Time via Transhipment Hubs 120 6. The aim of this study is to check affectivity of export promotion policy adopted by Pakistan during 1990s. on Comparative Development, Institute of Economic Growth, Pakistan Institute of Development Economics, Bangladesh Institute of Development Studies, Australian National University, and Hitotsubashi University. Policies for SME Development: A Comparative Analysis of Bangladesh, India and Pakistan Abeer Khandker * Abstract Small and Medium Enterprises (SMEs) play a vital role in the economies of India, Pakistan and Bangladesh. In 1971, Bangladesh declared independence from Pakistan. In case of Trade between Bangladesh & India, the Country- based theory, i. century. 525 reflects gender-based inequalities in education, empowerment, and economic activity. Imagine that you are starting an economic zones development program in a region while next door, riots are already flaring over a proposed Special Economic Zone (SEZ). More often than not, the study of South Asia has been compartmentalized into the study of individual countries such as Pakistan, Bangladesh, India, and Sri Lanka. (2018) there is still little research on small business and recommended that further entrepreneurial research is indispensable in Pakistani context. GDP of Bangladesh is much smaller than Pakistan. According to Jalal, the colonial legacy, be it institutional, strategic, economic and ideological-informed the dialectic between state construction and the political process in critical ways in the three countries i. Levine (1993) conducted his study on 77 countries and used the time period from 1960-1989 and applied different measures to check this relationship. At that time there was a great deal of skepticism about Pakistan’s economic future. LIFE magazine of January 5, 1948 had predicted almost an economic collapse of Pakistan. 24k. Sign up to view the full version. It had the advantages of a mild, almost tropical climate, fertile soil, ample water, and an abundance of fish, wildlife, and fruit. The biggest obstacles to sustainable development in Bangladesh are overpopulation, poor infrastructure, corruption, political instability and a slow implementation of economic reforms. International Journal of Sustainable Development Research, 3(6), 54. The region therefore presents itself as a suitable case to examine the trade-conflict linkage. Economic Growth and. The 6th Five IMPROVE SYNERGY BETWEEN ST AND NATIONAL DEVELOPMENT. Theoretical Foundation of New Classical Economics. 2 to over 1. Especially I have interned on Business Development. CAMELS rating system basically quantitative technique, is widely used for measuring performance of banks in Bangladesh. Data deficiencies in many low income countries and the difficulty of ascribing causality to correlative relationships between changes in income and employment may each go some way to explaining the dearth of research to date. Naeem and Welford (2009) conducted a comparative study of CSR in Bangla-desh and Pakistan. 2 Gain in Intraregional Trade from Capacity Development in Trade Facilitation 113 5. A Perspective Plan and two five-year plans, 6th and 7th, were to implement Vision 2021 to achieve sustainable development by balancing between equitable national economic progress and human development. Development professionals and economists in Pakistan are envious of Bangladesh’s success at controlling its high rate of population growth. 47 Comparison with Pakistan is also relevant because Bangladesh was part of the country until 1971. [Mumtaz Farooq] developing countries including Bangladesh for economic growth and development in the recent years. Kumi. Bangladesh Background: Bangladesh came into existence in 1971 when Bengali East Pakistan seceded from its union with West Pakistan. Empowerment Strategies Linked to Economic Development . 2B and imported $48. viii Promoting Economic Cooperation in South Asia 5. Ahmed, et al. Globally, economic development has been accompanied by growing economic opportunities for women (particularly in manu-facturing and services). Bangladesh J. Key words : gross domestic product, foreign direct investment, export, Johansen cointegration test and Granger causality Calls for greater autonomy and animosity between the eastern and western wings of Pakistan led to a Bengali independence movement. This paper examined the relationship between stock market development and economic growth of two Asian developing countries, that is, Pakistan and Bangladesh, after the liberalization period of 1990s. India, and later a further split of Pakistan into Bangladesh, regional economic integration weakened considerably. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this This study investigated and compared macroeconomic determinants of FDI for the top five South Asian economies, namely, Bangladesh, India, Pakistan, Sri Lanka, and Nepal, covering the period between 1990 and 2013. Technology imports and their impacts on the enhancement of China’s indigenous technological capability. By 1963 there was an additional local assembly in Mymensingh and smaller groups between 1 and 9 adults in Jamalpur and Mirpur. As Esther Duflo, a development economist at MIT and the director of the Abdul Latif Jameel Poverty Action Lab, has noted, there is a close relationship between women’s empowerment and a country’s economic development. Agenda 2063 and the 2030 Agenda broadly converge on social development (people), inclusive economic development (prosperity), on peaceful and inclusive societies and responsive institutions (peace), and on a number of environmental sustainability issues (planet). What does seem clear however is that the economic development of India, Pakistan, and Bangladesh is less determined by their past colonial history and more with the governance and policies that have occurred post colonialism, showing that their economic success is more within their control than their colonizer’s. In particular, the objective is to look at the economic data for the two economies over extended intervals to see if we can Bangladesh not only outpaced Pakistan in economic and HDI terms, it is gradually catching up Pakistan for peaceful use of nuclear energy. It was separated from West Pakistan by 1600 kilometres of Indian territory. 836. By using these data, the study at first has figured out the present condition of FDI of Bangladesh. The predictions were made that it’s very hard to ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. In summary, although Bangladesh is an extremely poor country and all its citizens suffer as a result of that condition, fundamentally, the women and children bear most of the poverty burden. The data set consists of a 21 years (1985-2006) time series data of trade variables of four countries of SAARC named as Pakistan, India, Bangladesh The results showed that the different economic policies of the respective countries had a role to play in explaining the difference in the quantum of the flow and there is an association between FDI and GDP, and in all the cases, FDI is instrumental in enhancing the economic growth of the countries included in the study. Economic policy favors West Pakistan at the expense of East Pakistan. This three-volume set brings together a comprehensive selection of papers on development policy making and economic performance in the five major economies in South Asia – India, Pakistan, Bangladesh, Nepal and Sri Lanka – during the past half a century of the post colonial era. Pre v iousl y, B a nglad es h had been known as E a s t Pakistan, and w h a t i s no w Pakist a n w as c a l l e d We s t Pakistan. This study was conducted to find the relationship between different kinds of taxes and GDP of Pakistan for years 1979-2010 using time series data. Moreover, the size of Pakistan’s population passed Bangladesh’s around 1987. At the same time, states within the region experienced long spells of intra and inter-state tensions. This course investigates selected issues in comparative historical perspective over the 19. Poverty incidence has fallen from 60 percent to around 30 percent. Therefore, analysis of EIA processes with respect to Comparative Development: the Two Asias 71 Table V-2 Gross Domestic Investment and Saving as Percentage Shares of GDP, 1960–90 (%) Source: Adapted from David Lim (1994) ‘Explaining the Growth Performance of Asian Developing Economies’, Economic Development and Cultural Change, Vol. A Comparative Analysis of Tax Administration in Asia and the Pacific: 2018 Edition This comparative analysis of administrative frameworks, functions, and performance of revenue bodies in 28 Asia–Pacific economies includes developments and trends in tax administration practice and performance. 1. This idea was accepted by India, Bangladesh, Pakistan and Sri Lanka in Colombo in 1981. The Policy Note is an assessment of the Medium-Term Development Framework (MTDF), along with an estimate of the projected budgetary impact of the Framework, and an elaboration of some specific critical aspects. • Long-run causes of comparative development • Case Study: Pakistan and Bangladesh This preview has intentionally blurred sections. That movement, led by the Awami League (AL) and supported by India, won the independence war for Bangladesh in 1971. The data range was selected on base of availability of data. Bangladesh, a country that has become a global powerhouse in garment exports, is the one country in South Asia that has not experienced a decline in female labor UGT and Comparative Development Comparative Economic Development: Insights from Uni–ed Growth Theory Oded Galor Department of Economics Brown University Klein Lecture, Osaka, June 5th, 2008 Oded Galor Comparative Economic Development: Insights from Uni–ed Growth Theory Given demographic challenges, Pakistan’s leadership will be pressed to implement economic reforms, promote further development of the energy sector, and attract foreign investment to support sufficient economic growth necessary to employ its growing and rapidly urbanizing population, much of which is under the age of 25. to swathe the national economy on the development track. Directed lending is vital for India and Nepal for economic and regional development. This paper documents wage differentials between private and public school graduates in Bangladesh and Pakistan. Case Study 2 Comparative Economic Development: Pakistan and Bangladesh I n 1971, B angladesh d e clar e d i nd e pendence from Pa k is t an. The ADP is prepared on the basis of the year's development budget approved by the parliament. China’s rapid economic development has not translated automatically into political development, with many of its institutions still in need of major reform. Chinese economy got track towards development since the decade of 1990 and the sustainability of Chinese South Asian Association for Regional Corporation was established in the year of 1985. India, Sri Lanka, Vietnam, Pakistan, China, Cambodia and Turkey. Pakistan Islamic Republic of Pakistan is a sovereign country located in the continent of South Asia. The paper is organised as follows. Bangladesh remains more protectionist and restrictive on payments. India was much advanced on all indicators of economic sustenance, resource endowment, potential output and growth. This study examines the relationship between FDI and economic growth in Bangladesh and India respectively. Syeduzzaman, the former Finance Minister of Bangladesh, concluded the session by reaffirming the thoughts offered by other speakers in terms of the need for further cooperation and trust development amongst SAARC nations. • T&C industries are a major contributor to incomes for selected countries. The major findings in this research are that the banks are lucrative. liberalization of services and investment in order for economic integration of south Asia. Bangladesh's national GDP puts it in the lowest income group of countries and regions, in the same range as neighbours such as Nepal, West Bengal, and Cambodia. financial sector development to economic growth across different countries. 1 Key Trade Facilitation Concerns 111 5. Pakistan, economic policies were devised in such a way that helped a particular region of West Pakistan to develop more rapidly at the cost of the development of other regions of Pakistan in almost all the Non-tariff Barriers in Pakistan, India, and China: A Comparative Analysis of the Legal, Economic, and Policy Implications Share this project This research project investigates the nature of non-tariff barriers (NTBs) between India and Pakistan that mitigate free trade between the countries. Comparative analysis of tariff structures, non-tariff barriers and trade agreements concluded between India, Bangladesh and Sri Lanka allow us to suggest that Pakistan has a relatively restrictive trade regime and domestic regulatory environment which needs to be revisited in order to improve trade relations with India and other South Asian -pakistan is more ethnically diverse than Bangladesh -National language in Pakistan is Urdu to avoid favoring one region or group from another -types of groups include: Pinjabis, sindhis, pathans, Muhajirs and Balochs This Special Report examines in detail the levels of economic freedom in five of the eight South Asian countries—India, Pakistan, Bangladesh, Nepal, and Sri Lanka—that together account for a Stock market development and economic growth Executive summery This paper examined the relationship between stock market development and economic growth of two Asian developing countries, that is, Pakistan and Bangladesh, after the liberalization period of 1990s. Pakistan and India both achieved independence in 1947. found a positive correlation between economic growth and primary schooling, but it was uni-directional, running from economic growth to primary schooling. Risk exposure is also high in relation to other countries. XX, No. (2000) investigates the relationship between exports, economic growth and foreign debt for Bangladesh, India, Pakistan, Sri Lanka and four South At one extreme are those commentators who consider Bangladesh's large and growing trade deficits with India as a "natural and positive development" on the ground of India's higher stage of development and technological maturity in the production of those goods that Bangladesh imports from India [Sobhan (1990)]. government was responsible for only 5 percent of the total Official Development Assistance (ODA) to Bangladesh. India is the seventh largest country in terms of area, Dr. From that tie onwards a very sensitive political difference existed between India and Pakistan. Our result reveals better trend in Bangladesh than Pakistan. These changes reflect cause and effect: 1)Social and economic progress increases. The decomposition results and changes in crop composition are consistent with farmers' response to comparative advantage under liberalized market conditions. 4 Major Aims of the National Science Technology Policy. S. It is important therefore, to explore the extent of similarity in the patterns of comparative advantage for the two economies. The contribution of T&C production to GDP differs by country but is up to 5% in Sri Lanka, 12% in Cambodia and 15% in Pakistan; • T&C are the dominant source of exports and foreign exchange in several countries. The course focuses on a set of countries, which followed clearly diverse trajectories and patterns of growth to achieve The Pakistan Development Review Vol. The main purpose of this study is to explore the causes of students drop outs and their impact on economy. Bangladesh, India and Pakistan have separate legislation governing procedures for children in conflict with the law and children in need of protection without a differentiation between these two groups. com (R. Since then, these two nations – the world's second and third most populous Muslim-majority countries – have followed dramatically different political, economic, and social development trajectories. In the second section, I outline their pattern of economic cooperation, particularly over the past decade. The study is done by taking a sample size of 20 years from 1995 – 2014. While evidence in support of a wage advantage of private school graduates in Bangladesh is lacking, Pakistani private school graduates are found to earn more than their public school counterparts. The Existence of General Equilibrium. Bi‐directional causality between FDI and economic growth has been found along with the uni‐directional causality between aggregate stock market development and economic growth. His findings reveal a positive relationship between financial sector development and growth. Only 23. It was found that 79. From Pakistan is one of the development partners of Bangladesh. Keep on Pakistan and Bangladesh have a lower Human Development Index (HDI) than India and yet perform better on gender equality as measured by GII. There are two primary drivers of the burgeoning trade between China and India: differing comparative advantages of the two countries and sustained, high growth rates in both economies. 5% of MNCs surveyed have written policies on the 4 areas studied compared to 31. A General New Classical Model with ex ante Different Consumer-producers. Kabir) The author suggests that the estimates of Sivasubramonian (2000) for the secondary and tertiary sectors be replaced by better estimates for a better understanding of the long-term impact of economic development and economic institutions on economic performance. About a third of this extremely poor country floods annually during the monsoon rainy season, hampering economic development. Absolute Advantage, Comparative Advantage, Rivalry theory and Endowment…. Realising the demographic dividend in Pakistan and Bangladesh A comparative analysis Preface In light of the world’s demographic changes and their influence on sustainable development, the German Federal Ministry for Econom-ic Cooperation and Development (BMZ) published a position paper on Population dynamics in German development cooperation This book is a sympathetic, frank and nuanced account of the political, social and economic trajectories of Bangladesh and Pakistan since they separated in 1971, by an author who served as US ambassador to both countries. But this will come undone unless Bangladesh can make progress on workplace safety compliance and labour rights. Yaylalar and Lebe (2010) branded the same connection but the direction of causality is running from primary schooling to economic growth. Pakistan has important strategic endowments and development potential. are the main sources of tax revenues. Features a web application that compares two countries side by side, listing various facts, figures, measures and indicators allowing their similarities and differences to quickly be examined. A ZERBY * A number of social and economic indices are constructed by utilising a total of 120 variables to compare Pakistan with 96 other developing countries of Asia, Africa and Latin America. Long-Run Causes of Comparative Development 82 Conclusion 88 Case Study: Divergent Development: Pakistan and Bangladesh 91 Classic Theories of Economic Growth and Development 109 Classic Theories of Economic Development: Four Approaches 109 Development as Growth and the Linear- Stages Theories 110 Rostow's Stages of Growth 111 Data was collected from the financial statements of these banks from the past five years during the period of 20052009. Benavot (1996) contended that the connection between economic and political development is curvilinear than linear, at a smaller grades of economic development, there is a powerful affirmative connection with democracy but at a higher grades (i. Get this from a library! Dimensions and structure of labour force in relation to economic development : a comparative study of Pakistan and Bangladesh. However, the legacy of its pre-independence association with Pakistan left Bangladesh with a specialisation in export-oriented activity - the manufacture of textile products - for which it had comparative advantage. investment for human and economic development. A comparative study of Balance of Payments between Pakistan and Malaysia has been discussed in this project from 1996 to 2010 and also it has been analyzed that what measures have been taken by both countries for their exports. Robert Schweizog and Alan Collins, A Simple Location Index Plus Some Maps and no Apologies: Back to Basics on the Development of Links Between Economic Integration and Spatial Concentration of Industries, Tijdschrift voor economische en sociale geografie, 106, 1, (17-35), (2014). In the 1970s, the President of Bangladesh Ziaur Rahman had put forward the idea of a trade bloc that would comprise the South Asian countries. Revealed Comparative Advantage and Competitiveness for RMG Industry of Bangladesh: A Pre and Post US– GSP Suspension Analysis Ayub Ali, Rashedul Kabir*, Samim Uddin Department of Research & Development, Bangladesh Knitwear Manufacturers Exporters Association-BKMEA, Dhaka, Bangladesh Email address: rkshimul81@gmail. Pakistan and Bangladesh, born in 1947 as two wings of a single country, underwent a bloody divorce in 1971. But one day GDP of Bangladesh may exceede that of Pakistan if it can keep the present pace of economic development . This thread is intended to initiate a discussion about the comparative strengths and weaknesses of our Economy vis-a-vis the Economy of Bangladesh from the 1971-Present Period. The combined effect of economic development, rising educa-tion among women, and declining fertility goes a long way in explaining changes in female participation rates over the past 25 years. The different comparative advantages of the two countries provide grounds for strong economic exchange. In both India and Pakistan, recent policy changes in the fiscal transfer system (the system that transfers financial resources from one level of government to another) have altered the relationship between the national level and the provincial or state level. Here you have the comparison between Bangladesh vs Pakistan 2018 According to WOI Data, Bangladesh fertility fell to 2. D. India has enjoyed substantial regional influence across South Asia due to its size, comparative economic might, and historical and cultural relevance to the region. Causality between Exports and Economic Growth: Investigating Suitable Trade Policy for Pakistan Shujaat ABBAS * Abstract This study investigates causal relationship between GDP and exports for the period of 1975 to 2010. are applied. This research aims to evaluate the efficiency of a sample of 66 banks including both Islamic and traditional banks in various countries ranging from Egypt, Pakistan, Bangladesh, Saudi Arabia, Kuwait, Qatar, Iraq, Emirates, Sudan, Turkey, Bahrain and Jordan throughout 2009-2014. In this module the learner will understand the terms economic growth, economic development and understand the underlying differences between them. Pakistan's Gender Development Index (GDI) value, 0. Previously, Bangladesh had been known as East Pakistan, and what is now Pakistan was called West Pakistan. The economic relations between the two countries have been multifaceted, embracing trade transactions, credit arrange-ments, joint ventures, transit facilities and transport development. How is empowerment measured and is women's empowerment linked to economic development? Revealed Comparative Advantage and Competitiveness for RMG Industry of Bangladesh: A Pre and Post US–GSP Suspension Analysis. Welcome to Bangladesh Economic Association (BEA) Bangladesh Economic Association (BEA) is the apex body of economists of Bangladesh. policy even. Figure 15 depicts the compound annual growth rate of modern services exports from the South Asian region. Divergent Development: Pakistan and Bangladesh. Its mandate includes to review economic and other development policies and programmes, conduct fundamental research on various aspects of economics, train teachers of economics of colleges and universities, train economic reporters of print and electronic media Energy Crisis in Pakistan Origins, Challenges, and Sustainable Solutions Muhammad Asif. However, each of the countries have their own approaches towards providing policy support to the sector. 0. Comparative Economic Development . Between 2003 and 2014, Bangladesh’s ratio of exports as a capacity to import — a typical measure of balance of payments stability — rose from 0. It distinguishes between accountability, which it argues has been overemphasised recently, and responsibility, which it… Paperback – 2016-05-20 Routledge Comparative Development and Policy in Asia The contribution of the crop shifts was larger in India and Pakistan than in Bangladesh. In Pakistan, historically, regional economic disparity has been an important political issue. Nature and Role of Economic Institutions • Institutions provide “rules of the game” of economic life • Provide underpinning of a market economy South Asia indicates the southern part of Asia particularly including eight countries—Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. organization, china-India-Bangladesh-Myanmar economic corridor and china-Pakistan economic corridor at regional level, are highly appreciable steps of china for regional as well as global economic development and prosperity. Nawaz Sharif emphasized a program of economic development to deal with the crucial problem of unemployment. between FDI and economic growth only in case of Malaysia. Nearly four decades later, the people of Pakistan are naturally curious about how the estranged former eastern wing has fared on the economic front. > Chain A, economic growth leads to human Furthermore, the persistent hump-shaped impact of genetic diversity on the pattern of comparative economic development is a direct effect that is not captured by contemporary geographical, institutional, and cultural factors. Milam links political Islam with military hegemony in Pakistan and concludes that the character of such hegemony makes prospects for change in the dynamics of political and economic development remote. Human Capital is an integral part of any country’s development and economic growth has human capital as an important factor. 2, while Pakistan’s ratio declined from 1. Conversely, GC results suggest that there is no causality relationship between GDP and FDI for Bangladesh and a unidirectional relationship was found for Pakistan and India, which means FDI caused economic output in Pakistan. Comparative Economic Development: Pakistan and Bangladesh When Bangladesh declared independence from Pakistan in 1971, there were a lot challenges for the Bangladeshi govt. Banking sector has a vital role to play in the economic activities and development of any ountry. By emphasizing the roles of traders and managerial human capital in generating innovations, the volume recommends training combining development, diplomatic and security concerns. 2 to 1. The 2012 World Development Report: Gender Equality and Development found a strong correlation between openness to international trade and female employment in developing countries. It is a comparative study, which try to explore causes and variable involves in creating difference in both country development. The present Study is initiated a Comparative Study of Financial Performance of Banking Sector in Bangladesh using CAMELS rating system with 6562 Branches of 48 Banks in Bangladesh from Financial year 1999-2006. Country comparison Bangladesh vs Pakistan 2018 Country comparison, you can compare any two countries and see the data side by side. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this Get this from a library! Basic facts about East & West Pakistan; comparative statistics on pace of economic development in the two wings of Pakistan, 1959-60 to 1969-70. The economic growth rate has averaged 5 percent annually since 1947—a feat achieved by very few countries. By many metrics, Bangladesh's development trajectory is a unique success story, especially since the 1990s when democratic rule was reinstated and extensive economic reforms were made. More General New Classical Models. . Khan, et al. The book is the outcome of a laborious comparative study of the history and evolution of both countries. 5 per cent of adult women have reached a secondary or higher level of education (2011 UN Human Development Report Index). The relationship measured were in terms of size (market capitalization), liquidity (total value of stocks traded and stock turnover ratio) and volume (total number of companies enterprise data collected in Vietnam, Pakistan, Bangladesh, Kenya, and Ethiopia, and identify similarities and differences in the development patterns between Asia and sub-Saharan Africa. The South Asian Association for Regional Cooperation (SAARC) is an economic cooperation organisation in the region which was established in 1985 and includes all eight nations comprising South Asia. Given the development needs of the region we point to businesses being unwilling or unable to adopt sufficiently robust corporate social responsibility and point to a role for both government and civil society. This study empirically evaluates the relevance of human capital development on the growth of the economy pin pointing the relationship that exists between them. Based on descriptive statistics, this section discusses the evolution of Bangladesh’s economic and human development in a comparative perspective. • The United States’ aid budget for Bangladesh is small in comparison with other donors, which puts a premium on the strategic use of funds: Between 2003 and 2007, the U. This study is based on four countries Pakistan, China, India and Bangladesh. Pakistan’s struggling economy needs all the help it can get. The big issues were the poverty, hunger, huge population etc. 638 for the region, with Bangladesh and Pakistan, countries with similar population size, being ranked 136 and 150 respectively. STATA 11 is used for panel regression run. 1B, resulting in a negative trade balance of $23. (1995) finds strong evidence of bi-directional causality between export growth and economic growth in Pakistan. In the following section, we turn to some of the most cited empirical analyses of the relationship between international trade and growth. th . This paper attempts to examine the impact of trade liberalization over the macro economic structure of four SAARC member countries –Pakistan, India, Bangladesh and Srilanka during1985 to 2006. Bangladesh emerged on the world map as a sovereign state on March 26, 1971, after fighting a nine-month war of liberation. Pakistan’s High Commissioner to India, Abdul Basit practically scuttled the progress of the bilateral peace process when he indicated (April 07) in New Delhi that the talks between India and Pakistan was suspended, and there was no reciprocal visit on agenda by an Indian investigation team to Pakistan. Trade is considered as the ‘Engine of Growth’ because of its role that facilitates a country to specialize in the production of goods and services following the theory of comparative advantage or revealed comparative advantage. This sector is much more important in a developing country like Bangladesh . 1a Nepal’s Trade with India and Bangladesh 142 6. 25% of listed local companies in Bangladesh. East Bengal–the region that was to become East Pakistan and now Bangladesh — was a prosperous region of South Asia until modern times. On the basis of a broad understanding of Islamic fundamentalism as a religio-political movement, this article attempts a comparative study of the phenomenon in Pakistan and Bangladesh, two leading Muslim states of South Asia. In the post-Mao era, despite the decentralization of local government with significant administrative and fiscal authority, China’s government Afghanistan, Bangladesh, India, Pakistan and Sri Lanka is available between 2012-2015. Comparative Endowment Advantage and Transaction Efficiency. Over that period, Bangladesh’s share in world exports rose, while Pakistan’s share declined. Mr M. Following the independence of Bangladesh in 1971, the national assembly of Bangladesh was also separately elected in 1971. Ltd The present territory of Bangladesh was a part of Pakistan and was known as East Pakistan. This paper attempts to examine the impact of trade liberalization over the macro economic structure of four SAARC member countries -- Pakistan, India, Bangladesh and Srilanka during 1985 to 2006. 14. It is also the development of economic wealth of countries, regions or communities for the well-being of their inhabitants. Political, economic and ideological developments in post-independence India and Pakistan, including present-day Bangladesh, are particularly amenable to a comparative analysis. Bangladesh's annual development program (ADP) has been moving ahead slowly due to lack of coordination and proper policy guidelines. During the Downloadable (with restrictions)! This paper documents wage differentials between private and public school graduates in Bangladesh and Pakistan. H. Pakistan and Nepal have lowest education; Pakistan and Bangladesh have the lowest economic participation rates and highest fertility rates; India has the lowest sex ratio. 0%. export performance and economic growth in Pakistan. KHAN and J. Economics has played a significant role in the bilateral relations between India and Bangladesh. In 2016 the GDP of Pakistan was $278B and its GDP per capita was $5. How we took this approach to popularize SEZs in Bangladesh, against a backdrop of regional resistance. They found co-integration between them in both the short and long term in Pakistan. countries. After globalization emerged in Bangladesh, the country was faced with several changes in a very brief period of time; radical social transformations, economic transformations, tension between tradition and technology, and Bangladesh's dependence on other countries to name a few. in Political Science (focus on Comparative Political Economy) from UCLA in 2002. According to Raza et al

 

 

 

The research scope of the subject, however, has been marginalized. between stock market development and economic growth of two Asian developing countries, that is, Pakistan and Bangladesh, after the liberalization period of 1990s. Comparative advantages. The political relations between the two countries date back to the time of the emergence of Bangladesh as an independent country. systematically unpack the relationship between economic growth, employment and poverty reduction. The increasing proportion of Pakistan’s youth provides the country with a potential demographic dividend and a challenge to provide adequate services and employment. East Bengal became East Pakistan in 1955, but the awkward arrangement of a two-part country with its territorial units separated by 1,600 km left the Bengalis marginalized and dissatisfied. > Studies have shown a significant relationship between economic growth and human development but in two chains. Pakistan extends state credit to Bangladesh and Bangladesh established a sugar plant and a cement factory with the state credit of Pakistan. This research find outs the reasons of dropouts in Pakistan and more importantly comparative analysis of the causes of students dropouts globally. Issues for the Joint Economic Few differences are found between the approaches taken by companies in Bangladesh and Pakistan. High population growth, a relative lack of energy supplies and capital investments in infra-structure, and bad governance with high corruption in the public sector hinder its economic development. 3% by 2008, while Pakistan has fallen only by 4. For more than 10 years the rate India came forward immediately with critically measured economic assistance in the first months after Bangladesh achieved independence from Pakistan. In 1960 there was a Teaching Conference of East Pakistan, at Dhaka. The colonial legacy - institutional, strategic, economic as well as ideological - informed the dialectic between state construction and political processes in critical ways. oration between the Center for Research in Rural and Industrial Development and the Sustainable Development Policy Institute in Pakistan to survey NTBs between India and Pakistan. Saxena received her Ph. Economic Development and Trade Policy. – The results support the positive role of FDI in boosting the aggregate stock market development in long run. 9B. A descriptive method employed in this regards. It assists its members and partners by providing loans, technical assistance, grants, and equity investments to promote social and economic development. Introduction There are a few issues which have been long debated and have been not resolved in the literature of development economics, the affect of different factors on the GDP as economic growth is one of them. Although the convention applied to it since 1960, when it was a province of Pakistan, government. The Asian Development Bank (ADB) is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty. Econs XXIX, 1&2 (2006) 69-79 Research Note COMPARATIVE ADVANTAGE OF SUGARCANE PRODUCTION IN PAKISTAN Asif Khan Arshad Farooq Khuram Nawaz Saddozai ABSTRACT This study was undertaken in 2003-04 to determine the competitiveness of sugarcane production in North West Frontier Province (NWFP) of Pakistan. The results indicate that, in Bangladesh, a shock to infant mortality rate on women’s labour supply is more effective than in Pakistan, and that a positive shock to primary education on women’s labour supply is more effective in Bangladesh than in Pakistan. Pakistan’s scant investible resources, plus foreign aid, are directed unduly to the development of West Pakistan – to the comparative neglect of East Pakistan; In particular, East Pakistan’s foreign trade earning are diverted to finance imports for West Pakistan. Impact of globalization and trade openness on economic growth in Bangladesh in 2010 and US$588 in 2011 (constant 2000US$) (World Bank Report, 2012). Ghana commercial bank and Agricultural development bank. Data range from 1980 to 2009. For a country like Bangladesh, rural development is important. The bilateral relation between Bangladesh and Canada is traditionally friendly, and has grown over the last forty-three years. While economic cooperation between China and Pakistan has increased considerably since the turn of the millennium, Beijing’s stakes in the Pakistani economy are set to increase exponentially in the form of CPEC commitments: to date the Chinese government has pledged more than $54 billion. China can take the Burma horse to the pond, but Burma will not be able to drink water however China tries. It covers an area of 32,87,263 Km2. th. There are differences of physical environment-Pakistan is a country of arid lowlands and high mountains whereas Bangladesh is well watered and low-lying, apart from the small hilly eastern region inland of Chittagong. Sanchita Saxena is an administrator, author, researcher, consultant, and lecturer with a focus on international development and policy making. Comparative Economic Development: Pakistan and Bangladesh. There is a direct link between the rural development and the development of our national economy. The rural sectors contribute about two-thirds of the GDP. A major proportion of the book reflects upon the issues that have not been previously touched upon such as the dimensions of energy in the modern age, anatomy of the energy crisis in Pakistan and its socio-economic implications, overview of the energy sector/departments, and the role of relevant In Pakistan the task of policy making and planning in all spheres of development including education is mostly carried out by the Planning Commission (PC), which has been responsible for developing five-year development plans since its inception in the 1950s. It is bounded by Pakistan and Afganistan in the North West, China, Nepal and Bhutan in the north, Mayanmar and Bangladesh in the east. The reason behind this is that most of the people of the country are living in the villages. analysis of the link between openness and economic growth. Pakistan’s history during 1947–71 is characterised by two distinct SME Banking in Bangladesh A Socio Economic Analysis - SME Banking in Bangladesh A Socio Economic Analysis SME financing is a topic of significant research With respect to the SME sector of Bangladesh Overall Economic Development of Bangladesh through SME September 24th, 2018 - Overall Economic Development of Bangladesh “Success factors for women’s and children’s health: Bangladesh” is the result of a collaboration between the Ministry of Health and Family Welfare (MOHFW), coordinated and supported by the WHO country office with technical assistance from the Centre for I bet if development of arms and nuclear weapons were considered measures of economic growth, Pakistan and India would be # 1 & 2, respectively - highest in the world! Recommend 0 Khawar Saleem Aslam ANUM AKMAL and QASIM SALEEM , “EXPORT GROWTH OF TEXTILES AND ECONOMIC DEVELOPMENT IN PAKISTAN AND INDIA; A COMPARATIVE STUDY” , International Journal of Management Sciences and Business Research, 2012, Vol. Within South Asia, India’s HDI value is above the average of 0. Different activities are being operating to maintain the Economic Cooperation between Bangladesh and Pakistan . The economic relations of China and India with Pakistan: a comparative analysis In recent years China has taken several steps to improve trade and investment relations with Pakistan, including, among others, the signing of a bilateral free trade agreement (FTA) in 2006. Bangladesh), Board of Investment (BOI), Bangladesh, Bangladesh Bank Bulletin, Economic Trend, Bangladesh Economic Review, World Investment Report 2010 published by UNCTAD, websites, journals, books and newspapers etc. Pakistan, and India. Bangladesh got its independence in 1971 as a result of Pakistan’s defeat against India in war before 1971 Bangladesh was part of Pakistan and was known as east-Pakistan and the Pakistan of today was known as west-Pakistan, though both were 1000 miles apart, but were part of a unified Pakistan with economic and political power concentrated in The market-based economy of Bangladesh is the 31st largest by purchasing power parity and 42nd largest in the world in nominal terms; it is classified [by whom?] among the emerging market middle income economies and a Frontier market. As Table 1 shows, Sri Lankan women have scored highest compared to India is lying between 8° 4' and 37° 6' North latitudes and 68° 7’ and 97° 25' East longitudes. The programme, with support from the Canadian government, included research on enterprise and market development and a comparative study between CFPR and other strategies targeting the ultra-poor in Bangladesh. comparative advantage in labour intensive manufactures in the world market. ˚ey investigated the potential increase in trade between India and Pakistan if the sensitive list of im-ports between the countries were abolished and cross-bor- Given demographic challenges, Pakistan’s leadership will be pressed to implement economic reforms, promote further development of the energy sector, and attract foreign investment to support sufficient economic growth necessary to employ its growing and rapidly urbanizing population, much of which is under the age of 25. Among the Muslim countries, Bangladesh is at the advanced stage in developing nuclear power plants for peaceful purpose. 42, p. and sophistication, particularly with reference to Pakistan and Bangladesh. I use this blog to keep in touch with my current and former students. He said inequality in all its forms and dimensions, between and within countries, limits people’s choices and opportunities, withholding progress. . 3 (Autumn 1981) The Socioeconomic Position of Pakistan in the Third World M. , after a particular threshold point), the power of the association This study discusses the current rebirth of economic relations between Pakistan and India and the shift of Pakistani investors to Bangladesh. This book illustrates the enduring relevance and vitality of the comparative political economy of development approach promoted among others by a group of social scientists in Oxford in the 1980s and 1990s. Economic issues between India and Bangladesh: Bangladesh's Comparative "Disadvantage" India is the largest country in the South Asian region in terms land mass, population, and GDP, and the India/Bangladesh relationship is largely a function of the disproportionate economic power that India enjoys. 1). relationship between health expenditures and economic development. HUMAN DEVELOPMENT, DISPARITY AND VULNERABILITY: WOMEN IN SOUTH ASIA 2016 Human Development Report 6 BACKGROUND PAPER LONGEVITY, LIFE AND LIVELIHOODS Gender-disaggregated data clearly show the comparative advantage of females over males in terms of life expectancy at the age of 70. , 1995. Bangladesh’s export-oriented ready-made garments (RMG) industry has made significant contributions to the country’s economic development over the last four decades. Dr. Comparative Analysis of Corporate Governance in South Asia 1 Preface In 2002, Bangladesh Enterprise Institute embarked on a project to examine the current state of corporate governance norms and practices in Bangladesh, India, Sri Lanka, and Pakistan. In 2015, Pakistan’s population was estimated at 189 million, while Bangladesh was an estimated 161 million (Fig. The division of development projects between the Centre and the province did not follow any definite principle. In such a context, this study provides a comparative analysis of South and South-east Asia – the major economies of India, Pakistan and Bangladesh are selected from the former region and Indonesia, Malaysia and Thailand are selected from the latter for focused analytical inquiry into energy supply situation and energy policy framework. U-shaped pattern hypothesis between women’s labour supply and economic development. e. In surveying country specific literature to confirm these estimates, I conclude (1) social and religious norms hinder women’s empowerment in both regions. Agric. But other concerned countries are not following the directed lending. This paper discussed economic development in Pakistan and Bangladesh. All these statistics reflect the importance of SMEs for economic development in Pakistan. And in some of these trades, Firm-based theory is not that much applicable. Bangladesh has ratified several international human rights treaties, including ILO Convention 107, and its accompanying Recommendation 104 (which supplements with detailed guidelines the broad principles contained in Convention 107). 1b Bangladesh’s Trade with India, Nepal, and Bhutan 142 The policy and institutional areas shown to be important determinants of comparative advantage include physical and human capital accumulation (especially secondary and tertiary education), financial development, the business climate, as well as a number of aspects of labour market institutions. COMPARATIVE STUDY ON BANKS PERFORMANCE BETWEEN BANGLADESH AND PAKISTAN economic performance. This will help to trace the origins of, and put in context, its alleged exceptionality. economic development. Pakistan is the 66th largest export economy in the world. The problem initiated with the separation of India and Pakistan in 1947. century and the first few decades of the 20. Pakistan, India and Bangladesh. 1. In 2016, Pakistan exported $24. the GDP of Bangladesh. It will take no less than a trillion years for the Burmese to learn how to develop their native country. India is placed 130 out of 188 on the Human Development Index (HDI) with Bangladesh at 142 and Pakistan at 147. In this paper we examine this statement by reviewing the literature that examines the openness-growth link. During the 1960's the economic disparity between East and West Pakistan fuelled the movement for provincial autonomy in East Pakistan and subsequently the movement for national independence in what became Bangladesh in 1971. Between December 1971 and January 1972, India committed US$232 million in aid to Bangladesh from the politico-economic aid India received from the US and USSR . From the comparative study we found that Bangladesh is maintaining a high rate of provisioning for unclassified loan. Economic development usually refers to the adoption of new technologies, transition from agriculture-based to industry-based economy, and general improvement in living standards. growth enabled Bangladesh to reach the lower middle-income country status in 2014 (World Bank, 2017). M. in different countries. In the third section, I analyze the most Dear Sir, I would like to submit my internship report on “A Comparative Analysis of Real Estate Companies in Bangladesh: A Study on Advanced Development Technologies Ltd and Other Leading Companies” for partial fulfillment of BBA program with specialization in Marketing. Economic Growth in Pakistan: A Sectoral Analysis PAKISTAN INSTITUTE OF DEVELOPMENT ECONOMICS ISLAMABAD PIDE Working Papers 2011: 67 Zhao, H. Later with partition of the East and West Pakistan the political difference between Bangladesh and Pakistan also became significant. Differences: The differences between Pakistan and Bangladesh outweigh their common features. This study is conducted to assess the impact of road development on the environment as well as associated practices and methods of steering EIA in these nations. This study investigates the Revealed Comparative Advantage (RCA) analysis for the ready-made garments (RMG) exports of Bangladesh and major competing countries i. In this study we estimate the effects of FDI on economic growth by Ordinary Least Squares (OLS) method using time series data for the period 1974-2006. This is a product of Mexus Education Pvt. 1, Issue 8. In cases of Japan, Nepal, Thailand and Singapore the existence of uni-directional causality running from FDI to economic growth is observed whereas the uni-directional causality is also found running from economic growth to FDI for Pakistan, Sri Lanka and Bangladesh. ADP stands for annual development programme which is an organized list of projects in various sectors. The Impact of Situational Factors on Forum Choice and Criminal Justice System Development in Bangladesh Kristina Lugo, Elizabeth A. Keywords: Economic Development, Comparative Study , Pakistan , Bangaldesh 1. For the same period, Pakistan’s under-five mortality rate was estimated at 87 per 1,000 births, more than twice Bangladesh’s rate. The extant literature presents a profound discussion on the political, geographical, historical, economic and legal relationships between these countries. To attain scientific and technological competence and self reliance to help increasing production and employment in various sectors of economy ; To be in consonance with the socio-economic, cultural, educational, agricultural and The current territories of Afghanistan, Bangladesh, Bhutan, Maldives, Nepal, India, Pakistan, and Sri Lanka form South Asia. The MTDF is the Pakistani version of a higher education strategy. The extent and nature of central government interventions varied over time with changes in the political land-scape of the country (Sadeque, 1957). A comparison has been made between EIAs of Pakistan and Vietnam. the study, economic growth of Bangladesh leads both FDI and export growth and there is a unidirectional causal relationship between FDI and export with direction from export to FDI. In Pakistan Income tax, Sales tax, custom duties, excise duties, worker welfare tax and surcharges etc. The four areas of CSR studied include human rights, labor standards, environment, and anti-corruption. I am a professor of economics at Jacksonville University, where I teach courses in introductory economics, comparative economic development, and globalization. Human Development Group Members Arsalan Ali Raja Hassan Khan Introduction > There is a strong relation between economic growth and human development. Her primary research areas are human trafficking, transnational organized crime, and comparative criminal justice This book, by Christopher Candland, sets out to provide a documented analytical and empirical study of the linkages between organized labor, development, and democratization in India and Pakistan from the colonial period till date. The head of the agency that promotes investment has said Bangladesh needs ‘innovation’ and “research and development” to fuel its economic growth in wanting to be a developed country by 2041. This page provides - Bangladesh GDP Growth Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. 60 Economic Cooperation and Security Spill-Overs: The Case of India and Pakistan In the first section, I outline the political and economic relationship between the two countries since 1947. Foreign Aid and Economic Growth Nexus: A comparative study of Pakistan with four SAARC countries Abstract The aim of the present study is to investigate the impact of foreign aid inflows on economic growth in selected four countries namely Pakistan, India, Bangladesh and Sri Lanka of SAARC. Searing ∗ Kristina Lugo is a PhD candidate in Justice, Law & Criminology at American University. He tried to reform Pakistan's stultifying economic regulations and carry out the denationalization (privatization) of firms and industries that had be nationalized by the regimes of the Bhutto family. East Pakistan seceded from its union with West Pakistan in 1971 and was renamed Bangladesh. This study considers the Democracy, rule of law & governance; Human index, and Economy structure in this regard. Course Description . The data set consists of a 21 years (1985-2006) time series data of trade variables of four Pakistan’s economic growth (Ahmed & Ahsan, 2011). Keep on dreaming of doing something good by Myanmar, the racist country of Asia. Except for Afghanistan (-20%), all countries displayed a positive growth rate, with Bangladesh and Pakistan being the fastest. The Relationship between Competition and Industrial Policies in Promoting Economic Development By Pakistan The views expressed are those of the author and do not necessarily reflect the views of UNCTAD. Keyword: GDP, Pakistan, Bangladesh, Different Factors 1. This development is pertinent to India, as China and India are not just similar in size but also in factor endowments. The department is a lively community that is recognised internationally as one of the top centres for research and teaching in development studies. The causal effect of reducing trade policy uncertainty: A comparative case study of Bangladesh's textile exports to Switzerland to Bangladesh's economic • Strong contemporary convergences between China and Bangladesh • Kunming and Chittagong stand to benefit from the global economy’s shifting centre of gravity • Geography could be a strong determinant of Chittagong and Kunming’s growth, their comparative advantages, complementarities could result in a I am a professor of economics at Jacksonville University, where I teach courses in introductory economics, comparative economic development, and globalization. economic growth of every country. Economic and social outcomes in Pakistan over the last sixty years are a mixture of paradoxes. 3 Transport Time via Transhipment Hubs 120 6. The aim of this study is to check affectivity of export promotion policy adopted by Pakistan during 1990s. on Comparative Development, Institute of Economic Growth, Pakistan Institute of Development Economics, Bangladesh Institute of Development Studies, Australian National University, and Hitotsubashi University. Policies for SME Development: A Comparative Analysis of Bangladesh, India and Pakistan Abeer Khandker * Abstract Small and Medium Enterprises (SMEs) play a vital role in the economies of India, Pakistan and Bangladesh. In 1971, Bangladesh declared independence from Pakistan. In case of Trade between Bangladesh & India, the Country- based theory, i. century. 525 reflects gender-based inequalities in education, empowerment, and economic activity. Imagine that you are starting an economic zones development program in a region while next door, riots are already flaring over a proposed Special Economic Zone (SEZ). More often than not, the study of South Asia has been compartmentalized into the study of individual countries such as Pakistan, Bangladesh, India, and Sri Lanka. (2018) there is still little research on small business and recommended that further entrepreneurial research is indispensable in Pakistani context. GDP of Bangladesh is much smaller than Pakistan. According to Jalal, the colonial legacy, be it institutional, strategic, economic and ideological-informed the dialectic between state construction and the political process in critical ways in the three countries i. Levine (1993) conducted his study on 77 countries and used the time period from 1960-1989 and applied different measures to check this relationship. At that time there was a great deal of skepticism about Pakistan’s economic future. LIFE magazine of January 5, 1948 had predicted almost an economic collapse of Pakistan. 24k. Sign up to view the full version. It had the advantages of a mild, almost tropical climate, fertile soil, ample water, and an abundance of fish, wildlife, and fruit. The biggest obstacles to sustainable development in Bangladesh are overpopulation, poor infrastructure, corruption, political instability and a slow implementation of economic reforms. International Journal of Sustainable Development Research, 3(6), 54. The region therefore presents itself as a suitable case to examine the trade-conflict linkage. Economic Growth and. The 6th Five IMPROVE SYNERGY BETWEEN ST AND NATIONAL DEVELOPMENT. Theoretical Foundation of New Classical Economics. 2 to over 1. Especially I have interned on Business Development. CAMELS rating system basically quantitative technique, is widely used for measuring performance of banks in Bangladesh. Data deficiencies in many low income countries and the difficulty of ascribing causality to correlative relationships between changes in income and employment may each go some way to explaining the dearth of research to date. Naeem and Welford (2009) conducted a comparative study of CSR in Bangla-desh and Pakistan. 2 Gain in Intraregional Trade from Capacity Development in Trade Facilitation 113 5. A Perspective Plan and two five-year plans, 6th and 7th, were to implement Vision 2021 to achieve sustainable development by balancing between equitable national economic progress and human development. Development professionals and economists in Pakistan are envious of Bangladesh’s success at controlling its high rate of population growth. 47 Comparison with Pakistan is also relevant because Bangladesh was part of the country until 1971. [Mumtaz Farooq] developing countries including Bangladesh for economic growth and development in the recent years. Kumi. Bangladesh Background: Bangladesh came into existence in 1971 when Bengali East Pakistan seceded from its union with West Pakistan. Empowerment Strategies Linked to Economic Development . 2B and imported $48. viii Promoting Economic Cooperation in South Asia 5. Ahmed, et al. Globally, economic development has been accompanied by growing economic opportunities for women (particularly in manu-facturing and services). Bangladesh J. Key words : gross domestic product, foreign direct investment, export, Johansen cointegration test and Granger causality Calls for greater autonomy and animosity between the eastern and western wings of Pakistan led to a Bengali independence movement. This paper examined the relationship between stock market development and economic growth of two Asian developing countries, that is, Pakistan and Bangladesh, after the liberalization period of 1990s. India, and later a further split of Pakistan into Bangladesh, regional economic integration weakened considerably. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this This study investigated and compared macroeconomic determinants of FDI for the top five South Asian economies, namely, Bangladesh, India, Pakistan, Sri Lanka, and Nepal, covering the period between 1990 and 2013. Technology imports and their impacts on the enhancement of China’s indigenous technological capability. By 1963 there was an additional local assembly in Mymensingh and smaller groups between 1 and 9 adults in Jamalpur and Mirpur. As Esther Duflo, a development economist at MIT and the director of the Abdul Latif Jameel Poverty Action Lab, has noted, there is a close relationship between women’s empowerment and a country’s economic development. Agenda 2063 and the 2030 Agenda broadly converge on social development (people), inclusive economic development (prosperity), on peaceful and inclusive societies and responsive institutions (peace), and on a number of environmental sustainability issues (planet). What does seem clear however is that the economic development of India, Pakistan, and Bangladesh is less determined by their past colonial history and more with the governance and policies that have occurred post colonialism, showing that their economic success is more within their control than their colonizer’s. In particular, the objective is to look at the economic data for the two economies over extended intervals to see if we can Bangladesh not only outpaced Pakistan in economic and HDI terms, it is gradually catching up Pakistan for peaceful use of nuclear energy. It was separated from West Pakistan by 1600 kilometres of Indian territory. 836. By using these data, the study at first has figured out the present condition of FDI of Bangladesh. The predictions were made that it’s very hard to ODA consists of loans made on concessional terms (with a grant element of at least 25 percent, calculated at a rate of discount of 10 percent) and grants made to promote economic development and welfare in countries and territories in the DAC list of ODA recipients. In summary, although Bangladesh is an extremely poor country and all its citizens suffer as a result of that condition, fundamentally, the women and children bear most of the poverty burden. The data set consists of a 21 years (1985-2006) time series data of trade variables of four countries of SAARC named as Pakistan, India, Bangladesh The results showed that the different economic policies of the respective countries had a role to play in explaining the difference in the quantum of the flow and there is an association between FDI and GDP, and in all the cases, FDI is instrumental in enhancing the economic growth of the countries included in the study. Economic policy favors West Pakistan at the expense of East Pakistan. This three-volume set brings together a comprehensive selection of papers on development policy making and economic performance in the five major economies in South Asia – India, Pakistan, Bangladesh, Nepal and Sri Lanka – during the past half a century of the post colonial era. Pre v iousl y, B a nglad es h had been known as E a s t Pakistan, and w h a t i s no w Pakist a n w as c a l l e d We s t Pakistan. This study was conducted to find the relationship between different kinds of taxes and GDP of Pakistan for years 1979-2010 using time series data. Moreover, the size of Pakistan’s population passed Bangladesh’s around 1987. At the same time, states within the region experienced long spells of intra and inter-state tensions. This course investigates selected issues in comparative historical perspective over the 19. Poverty incidence has fallen from 60 percent to around 30 percent. Therefore, analysis of EIA processes with respect to Comparative Development: the Two Asias 71 Table V-2 Gross Domestic Investment and Saving as Percentage Shares of GDP, 1960–90 (%) Source: Adapted from David Lim (1994) ‘Explaining the Growth Performance of Asian Developing Economies’, Economic Development and Cultural Change, Vol. A Comparative Analysis of Tax Administration in Asia and the Pacific: 2018 Edition This comparative analysis of administrative frameworks, functions, and performance of revenue bodies in 28 Asia–Pacific economies includes developments and trends in tax administration practice and performance. 1. This idea was accepted by India, Bangladesh, Pakistan and Sri Lanka in Colombo in 1981. The Policy Note is an assessment of the Medium-Term Development Framework (MTDF), along with an estimate of the projected budgetary impact of the Framework, and an elaboration of some specific critical aspects. • Long-run causes of comparative development • Case Study: Pakistan and Bangladesh This preview has intentionally blurred sections. That movement, led by the Awami League (AL) and supported by India, won the independence war for Bangladesh in 1971. The data range was selected on base of availability of data. Bangladesh, a country that has become a global powerhouse in garment exports, is the one country in South Asia that has not experienced a decline in female labor UGT and Comparative Development Comparative Economic Development: Insights from Uni–ed Growth Theory Oded Galor Department of Economics Brown University Klein Lecture, Osaka, June 5th, 2008 Oded Galor Comparative Economic Development: Insights from Uni–ed Growth Theory Given demographic challenges, Pakistan’s leadership will be pressed to implement economic reforms, promote further development of the energy sector, and attract foreign investment to support sufficient economic growth necessary to employ its growing and rapidly urbanizing population, much of which is under the age of 25. to swathe the national economy on the development track. Directed lending is vital for India and Nepal for economic and regional development. This paper documents wage differentials between private and public school graduates in Bangladesh and Pakistan. Case Study 2 Comparative Economic Development: Pakistan and Bangladesh I n 1971, B angladesh d e clar e d i nd e pendence from Pa k is t an. The ADP is prepared on the basis of the year's development budget approved by the parliament. China’s rapid economic development has not translated automatically into political development, with many of its institutions still in need of major reform. Chinese economy got track towards development since the decade of 1990 and the sustainability of Chinese South Asian Association for Regional Corporation was established in the year of 1985. India, Sri Lanka, Vietnam, Pakistan, China, Cambodia and Turkey. Pakistan Islamic Republic of Pakistan is a sovereign country located in the continent of South Asia. The paper is organised as follows. Bangladesh remains more protectionist and restrictive on payments. India was much advanced on all indicators of economic sustenance, resource endowment, potential output and growth. This study examines the relationship between FDI and economic growth in Bangladesh and India respectively. Syeduzzaman, the former Finance Minister of Bangladesh, concluded the session by reaffirming the thoughts offered by other speakers in terms of the need for further cooperation and trust development amongst SAARC nations. • T&C industries are a major contributor to incomes for selected countries. The major findings in this research are that the banks are lucrative. liberalization of services and investment in order for economic integration of south Asia. Bangladesh's national GDP puts it in the lowest income group of countries and regions, in the same range as neighbours such as Nepal, West Bengal, and Cambodia. financial sector development to economic growth across different countries. 1 Key Trade Facilitation Concerns 111 5. Pakistan, economic policies were devised in such a way that helped a particular region of West Pakistan to develop more rapidly at the cost of the development of other regions of Pakistan in almost all the Non-tariff Barriers in Pakistan, India, and China: A Comparative Analysis of the Legal, Economic, and Policy Implications Share this project This research project investigates the nature of non-tariff barriers (NTBs) between India and Pakistan that mitigate free trade between the countries. Comparative analysis of tariff structures, non-tariff barriers and trade agreements concluded between India, Bangladesh and Sri Lanka allow us to suggest that Pakistan has a relatively restrictive trade regime and domestic regulatory environment which needs to be revisited in order to improve trade relations with India and other South Asian -pakistan is more ethnically diverse than Bangladesh -National language in Pakistan is Urdu to avoid favoring one region or group from another -types of groups include: Pinjabis, sindhis, pathans, Muhajirs and Balochs This Special Report examines in detail the levels of economic freedom in five of the eight South Asian countries—India, Pakistan, Bangladesh, Nepal, and Sri Lanka—that together account for a Stock market development and economic growth Executive summery This paper examined the relationship between stock market development and economic growth of two Asian developing countries, that is, Pakistan and Bangladesh, after the liberalization period of 1990s. Pakistan and India both achieved independence in 1947. found a positive correlation between economic growth and primary schooling, but it was uni-directional, running from economic growth to primary schooling. Risk exposure is also high in relation to other countries. XX, No. (2000) investigates the relationship between exports, economic growth and foreign debt for Bangladesh, India, Pakistan, Sri Lanka and four South At one extreme are those commentators who consider Bangladesh's large and growing trade deficits with India as a "natural and positive development" on the ground of India's higher stage of development and technological maturity in the production of those goods that Bangladesh imports from India [Sobhan (1990)]. government was responsible for only 5 percent of the total Official Development Assistance (ODA) to Bangladesh. India is the seventh largest country in terms of area, Dr. From that tie onwards a very sensitive political difference existed between India and Pakistan. Our result reveals better trend in Bangladesh than Pakistan. These changes reflect cause and effect: 1)Social and economic progress increases. The decomposition results and changes in crop composition are consistent with farmers' response to comparative advantage under liberalized market conditions. 4 Major Aims of the National Science Technology Policy. S. It is important therefore, to explore the extent of similarity in the patterns of comparative advantage for the two economies. The contribution of T&C production to GDP differs by country but is up to 5% in Sri Lanka, 12% in Cambodia and 15% in Pakistan; • T&C are the dominant source of exports and foreign exchange in several countries. The course focuses on a set of countries, which followed clearly diverse trajectories and patterns of growth to achieve The Pakistan Development Review Vol. The main purpose of this study is to explore the causes of students drop outs and their impact on economy. Bangladesh, India and Pakistan have separate legislation governing procedures for children in conflict with the law and children in need of protection without a differentiation between these two groups. com (R. Since then, these two nations – the world's second and third most populous Muslim-majority countries – have followed dramatically different political, economic, and social development trajectories. In the second section, I outline their pattern of economic cooperation, particularly over the past decade. The study is done by taking a sample size of 20 years from 1995 – 2014. While evidence in support of a wage advantage of private school graduates in Bangladesh is lacking, Pakistani private school graduates are found to earn more than their public school counterparts. The Existence of General Equilibrium. Bi‐directional causality between FDI and economic growth has been found along with the uni‐directional causality between aggregate stock market development and economic growth. His findings reveal a positive relationship between financial sector development and growth. Only 23. It was found that 79. From Pakistan is one of the development partners of Bangladesh. Keep on Pakistan and Bangladesh have a lower Human Development Index (HDI) than India and yet perform better on gender equality as measured by GII. There are two primary drivers of the burgeoning trade between China and India: differing comparative advantages of the two countries and sustained, high growth rates in both economies. 5% of MNCs surveyed have written policies on the 4 areas studied compared to 31. A General New Classical Model with ex ante Different Consumer-producers. Kabir) The author suggests that the estimates of Sivasubramonian (2000) for the secondary and tertiary sectors be replaced by better estimates for a better understanding of the long-term impact of economic development and economic institutions on economic performance. About a third of this extremely poor country floods annually during the monsoon rainy season, hampering economic development. Absolute Advantage, Comparative Advantage, Rivalry theory and Endowment…. Realising the demographic dividend in Pakistan and Bangladesh A comparative analysis Preface In light of the world’s demographic changes and their influence on sustainable development, the German Federal Ministry for Econom-ic Cooperation and Development (BMZ) published a position paper on Population dynamics in German development cooperation This book is a sympathetic, frank and nuanced account of the political, social and economic trajectories of Bangladesh and Pakistan since they separated in 1971, by an author who served as US ambassador to both countries. But this will come undone unless Bangladesh can make progress on workplace safety compliance and labour rights. Yaylalar and Lebe (2010) branded the same connection but the direction of causality is running from primary schooling to economic growth. Pakistan has important strategic endowments and development potential. are the main sources of tax revenues. Features a web application that compares two countries side by side, listing various facts, figures, measures and indicators allowing their similarities and differences to quickly be examined. A ZERBY * A number of social and economic indices are constructed by utilising a total of 120 variables to compare Pakistan with 96 other developing countries of Asia, Africa and Latin America. Long-Run Causes of Comparative Development 82 Conclusion 88 Case Study: Divergent Development: Pakistan and Bangladesh 91 Classic Theories of Economic Growth and Development 109 Classic Theories of Economic Development: Four Approaches 109 Development as Growth and the Linear- Stages Theories 110 Rostow's Stages of Growth 111 Data was collected from the financial statements of these banks from the past five years during the period of 20052009. Benavot (1996) contended that the connection between economic and political development is curvilinear than linear, at a smaller grades of economic development, there is a powerful affirmative connection with democracy but at a higher grades (i. Get this from a library! Dimensions and structure of labour force in relation to economic development : a comparative study of Pakistan and Bangladesh. However, the legacy of its pre-independence association with Pakistan left Bangladesh with a specialisation in export-oriented activity - the manufacture of textile products - for which it had comparative advantage. investment for human and economic development. A comparative study of Balance of Payments between Pakistan and Malaysia has been discussed in this project from 1996 to 2010 and also it has been analyzed that what measures have been taken by both countries for their exports. Robert Schweizog and Alan Collins, A Simple Location Index Plus Some Maps and no Apologies: Back to Basics on the Development of Links Between Economic Integration and Spatial Concentration of Industries, Tijdschrift voor economische en sociale geografie, 106, 1, (17-35), (2014). In the 1970s, the President of Bangladesh Ziaur Rahman had put forward the idea of a trade bloc that would comprise the South Asian countries. Revealed Comparative Advantage and Competitiveness for RMG Industry of Bangladesh: A Pre and Post US– GSP Suspension Analysis Ayub Ali, Rashedul Kabir*, Samim Uddin Department of Research & Development, Bangladesh Knitwear Manufacturers Exporters Association-BKMEA, Dhaka, Bangladesh Email address: rkshimul81@gmail. Pakistan and Bangladesh, born in 1947 as two wings of a single country, underwent a bloody divorce in 1971. But one day GDP of Bangladesh may exceede that of Pakistan if it can keep the present pace of economic development . This thread is intended to initiate a discussion about the comparative strengths and weaknesses of our Economy vis-a-vis the Economy of Bangladesh from the 1971-Present Period. The combined effect of economic development, rising educa-tion among women, and declining fertility goes a long way in explaining changes in female participation rates over the past 25 years. The different comparative advantages of the two countries provide grounds for strong economic exchange. In both India and Pakistan, recent policy changes in the fiscal transfer system (the system that transfers financial resources from one level of government to another) have altered the relationship between the national level and the provincial or state level. Here you have the comparison between Bangladesh vs Pakistan 2018 According to WOI Data, Bangladesh fertility fell to 2. D. India has enjoyed substantial regional influence across South Asia due to its size, comparative economic might, and historical and cultural relevance to the region. Causality between Exports and Economic Growth: Investigating Suitable Trade Policy for Pakistan Shujaat ABBAS * Abstract This study investigates causal relationship between GDP and exports for the period of 1975 to 2010. are applied. This research aims to evaluate the efficiency of a sample of 66 banks including both Islamic and traditional banks in various countries ranging from Egypt, Pakistan, Bangladesh, Saudi Arabia, Kuwait, Qatar, Iraq, Emirates, Sudan, Turkey, Bahrain and Jordan throughout 2009-2014. In this module the learner will understand the terms economic growth, economic development and understand the underlying differences between them. Pakistan's Gender Development Index (GDI) value, 0. Previously, Bangladesh had been known as East Pakistan, and what is now Pakistan was called West Pakistan. The economic relations between the two countries have been multifaceted, embracing trade transactions, credit arrange-ments, joint ventures, transit facilities and transport development. How is empowerment measured and is women's empowerment linked to economic development? Revealed Comparative Advantage and Competitiveness for RMG Industry of Bangladesh: A Pre and Post US–GSP Suspension Analysis. Welcome to Bangladesh Economic Association (BEA) Bangladesh Economic Association (BEA) is the apex body of economists of Bangladesh. policy even. Figure 15 depicts the compound annual growth rate of modern services exports from the South Asian region. Divergent Development: Pakistan and Bangladesh. Its mandate includes to review economic and other development policies and programmes, conduct fundamental research on various aspects of economics, train teachers of economics of colleges and universities, train economic reporters of print and electronic media Energy Crisis in Pakistan Origins, Challenges, and Sustainable Solutions Muhammad Asif. However, each of the countries have their own approaches towards providing policy support to the sector. 0. Comparative Economic Development . Between 2003 and 2014, Bangladesh’s ratio of exports as a capacity to import — a typical measure of balance of payments stability — rose from 0. It distinguishes between accountability, which it argues has been overemphasised recently, and responsibility, which it… Paperback – 2016-05-20 Routledge Comparative Development and Policy in Asia The contribution of the crop shifts was larger in India and Pakistan than in Bangladesh. In Pakistan, historically, regional economic disparity has been an important political issue. Nature and Role of Economic Institutions • Institutions provide “rules of the game” of economic life • Provide underpinning of a market economy South Asia indicates the southern part of Asia particularly including eight countries—Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka. organization, china-India-Bangladesh-Myanmar economic corridor and china-Pakistan economic corridor at regional level, are highly appreciable steps of china for regional as well as global economic development and prosperity. Nawaz Sharif emphasized a program of economic development to deal with the crucial problem of unemployment. between FDI and economic growth only in case of Malaysia. Nearly four decades later, the people of Pakistan are naturally curious about how the estranged former eastern wing has fared on the economic front. > Chain A, economic growth leads to human Furthermore, the persistent hump-shaped impact of genetic diversity on the pattern of comparative economic development is a direct effect that is not captured by contemporary geographical, institutional, and cultural factors. Milam links political Islam with military hegemony in Pakistan and concludes that the character of such hegemony makes prospects for change in the dynamics of political and economic development remote. Human Capital is an integral part of any country’s development and economic growth has human capital as an important factor. 2, while Pakistan’s ratio declined from 1. Conversely, GC results suggest that there is no causality relationship between GDP and FDI for Bangladesh and a unidirectional relationship was found for Pakistan and India, which means FDI caused economic output in Pakistan. Comparative Economic Development: Pakistan and Bangladesh When Bangladesh declared independence from Pakistan in 1971, there were a lot challenges for the Bangladeshi govt. Banking sector has a vital role to play in the economic activities and development of any ountry. By emphasizing the roles of traders and managerial human capital in generating innovations, the volume recommends training combining development, diplomatic and security concerns. 2 to 1. The 2012 World Development Report: Gender Equality and Development found a strong correlation between openness to international trade and female employment in developing countries. It is a comparative study, which try to explore causes and variable involves in creating difference in both country development. The present Study is initiated a Comparative Study of Financial Performance of Banking Sector in Bangladesh using CAMELS rating system with 6562 Branches of 48 Banks in Bangladesh from Financial year 1999-2006. Country comparison Bangladesh vs Pakistan 2018 Country comparison, you can compare any two countries and see the data side by side. Teachers and students at other schools, as well as others interested in economic issues, are welcome to use this Get this from a library! Basic facts about East & West Pakistan; comparative statistics on pace of economic development in the two wings of Pakistan, 1959-60 to 1969-70. The economic growth rate has averaged 5 percent annually since 1947—a feat achieved by very few countries. By many metrics, Bangladesh's development trajectory is a unique success story, especially since the 1990s when democratic rule was reinstated and extensive economic reforms were made. More General New Classical Models. . Khan, et al. The book is the outcome of a laborious comparative study of the history and evolution of both countries. 5 per cent of adult women have reached a secondary or higher level of education (2011 UN Human Development Report Index). The relationship measured were in terms of size (market capitalization), liquidity (total value of stocks traded and stock turnover ratio) and volume (total number of companies enterprise data collected in Vietnam, Pakistan, Bangladesh, Kenya, and Ethiopia, and identify similarities and differences in the development patterns between Asia and sub-Saharan Africa. The South Asian Association for Regional Cooperation (SAARC) is an economic cooperation organisation in the region which was established in 1985 and includes all eight nations comprising South Asia. Given the development needs of the region we point to businesses being unwilling or unable to adopt sufficiently robust corporate social responsibility and point to a role for both government and civil society. This study empirically evaluates the relevance of human capital development on the growth of the economy pin pointing the relationship that exists between them. Based on descriptive statistics, this section discusses the evolution of Bangladesh’s economic and human development in a comparative perspective. • The United States’ aid budget for Bangladesh is small in comparison with other donors, which puts a premium on the strategic use of funds: Between 2003 and 2007, the U. This study is based on four countries Pakistan, China, India and Bangladesh. Pakistan’s struggling economy needs all the help it can get. The big issues were the poverty, hunger, huge population etc. 638 for the region, with Bangladesh and Pakistan, countries with similar population size, being ranked 136 and 150 respectively. STATA 11 is used for panel regression run. 1B, resulting in a negative trade balance of $23. (1995) finds strong evidence of bi-directional causality between export growth and economic growth in Pakistan. In the following section, we turn to some of the most cited empirical analyses of the relationship between international trade and growth. th . This paper attempts to examine the impact of trade liberalization over the macro economic structure of four SAARC member countries –Pakistan, India, Bangladesh and Srilanka during1985 to 2006. Bangladesh emerged on the world map as a sovereign state on March 26, 1971, after fighting a nine-month war of liberation. Pakistan’s High Commissioner to India, Abdul Basit practically scuttled the progress of the bilateral peace process when he indicated (April 07) in New Delhi that the talks between India and Pakistan was suspended, and there was no reciprocal visit on agenda by an Indian investigation team to Pakistan. Trade is considered as the ‘Engine of Growth’ because of its role that facilitates a country to specialize in the production of goods and services following the theory of comparative advantage or revealed comparative advantage. This sector is much more important in a developing country like Bangladesh . 1a Nepal’s Trade with India and Bangladesh 142 6. 25% of listed local companies in Bangladesh. East Bengal–the region that was to become East Pakistan and now Bangladesh — was a prosperous region of South Asia until modern times. On the basis of a broad understanding of Islamic fundamentalism as a religio-political movement, this article attempts a comparative study of the phenomenon in Pakistan and Bangladesh, two leading Muslim states of South Asia. In the post-Mao era, despite the decentralization of local government with significant administrative and fiscal authority, China’s government Afghanistan, Bangladesh, India, Pakistan and Sri Lanka is available between 2012-2015. Comparative Endowment Advantage and Transaction Efficiency. Over that period, Bangladesh’s share in world exports rose, while Pakistan’s share declined. Mr M. Following the independence of Bangladesh in 1971, the national assembly of Bangladesh was also separately elected in 1971. Ltd The present territory of Bangladesh was a part of Pakistan and was known as East Pakistan. This paper attempts to examine the impact of trade liberalization over the macro economic structure of four SAARC member countries -- Pakistan, India, Bangladesh and Srilanka during 1985 to 2006. 14. It is also the development of economic wealth of countries, regions or communities for the well-being of their inhabitants. Political, economic and ideological developments in post-independence India and Pakistan, including present-day Bangladesh, are particularly amenable to a comparative analysis. Bangladesh's annual development program (ADP) has been moving ahead slowly due to lack of coordination and proper policy guidelines. During the Downloadable (with restrictions)! This paper documents wage differentials between private and public school graduates in Bangladesh and Pakistan. H. Pakistan and Nepal have lowest education; Pakistan and Bangladesh have the lowest economic participation rates and highest fertility rates; India has the lowest sex ratio. 0%. export performance and economic growth in Pakistan. KHAN and J. Economics has played a significant role in the bilateral relations between India and Bangladesh. In 2016 the GDP of Pakistan was $278B and its GDP per capita was $5. How we took this approach to popularize SEZs in Bangladesh, against a backdrop of regional resistance. They found co-integration between them in both the short and long term in Pakistan. countries. After globalization emerged in Bangladesh, the country was faced with several changes in a very brief period of time; radical social transformations, economic transformations, tension between tradition and technology, and Bangladesh's dependence on other countries to name a few. in Political Science (focus on Comparative Political Economy) from UCLA in 2002. According to Raza et al