Wednesday, 15 February 2017

Why is Bangladesh developing faster than Pakistan?

Isn't it funny how a country which got Independence in 1971 is developing faster than a country born 24 years before it.
Reason? Lets list them-
1.) Corruption- According Corruption Perceptions Index (CPI) Bangladesh ranks 66 whereas Pakistan ranks 154. Pakistan recently has rose in terms of corruption like no other country.
For example Rawalpindi-Islamabad Metro bus service costs 20 million dollar per km(total 22km). (Fun fact: Same Metro bus service is constructed in Ahmedabad with a expense of 2 million US dollars per km for total of 88 km)
2.) Economy Growth: Bangladesh's GDP is growing at 6.5% , where Pakistan's GDP is growing at just below 5%. With this rate Bangladesh is expected to overtake Pakistan's economy.
3.) Military Expenditure: Pakistan spends 3.5% of its GDP on its military whereas Bangladesh spends only 1.2%. Some analyst say Pakistan in its present condition is choosing gun over bread.
4.) No Favored State: Bangladesh is focusing on development of Bangladesh whereas Pakistan on is putting all of its money in Punjab.
5.) Leaders: When you have one of the most powerful woman in the world as your Prime Minister you have to do well. Pakistan on the other hand has a corrupt leader, Nawaz Sharif as Prime Minister. For instance, if anyone doesn't know how corrupt Nawaz is, very recently he spent Rs364 million for Jati Umra’s security. Jati Umra is a small town where nawaz's 5 million sq. feet Raiwind Palace is.
6.) Other Points: Bangladesh has recently spent large amount of money to improve it's education, health facilities. Manufacturing sector has recently taken a boost. Bangladesh is no longer dependent on its jute sector and for Pakistan, Kashmir is the most important issue to discuss.
  • Till Now, Pakistan lost over $100 Billion only because of Terrorist Attack
  • West Pakistan consisted of 46% while East Pakistan was consisted of 56% Population in 1971
  • Ayub Khan's vision was to make Chittagong (Bangladesh) the industrial hub of Pakistan and today It is the industrial hub of Bangladesh; a place where $30bn worth of garments come from.
  • Bangladesh and Pakistan both exported garments worth of $2bn in 2002; $6bn in 2006, but today Bangladesh export Garments worth of $30bn while Pakistan only export $10bn.
  • Before 1971, A Pakistani Politician termed Bangladesh as uncivilized and said "Bangladeshis doesn't deserve to use toilet"; ironically, Today Bangladeshis have better sanitation access than Pakistan (81% Bangladesh - 66% Pakistan)

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