tag:blogger.com,1999:blog-20121175.post5025373068080407640..comments2024-03-28T00:22:49.961-07:00Comments on Back to Bangladesh: Inching Towards the Middle?ulysseshttp://www.blogger.com/profile/09700270233759256479noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-20121175.post-55952047356686059662007-09-03T06:12:00.000-07:002007-09-03T06:12:00.000-07:00(oops) OTOH the average improvement in the Chinese...(oops) OTOH the average improvement in the Chinese standard of living over the last 2-3 decades have been significant, and something to aspire to, no doubt.<BR/><BR/>Anyways, many thanks for your comment and for reading the blog.ulysseshttps://www.blogger.com/profile/09700270233759256479noreply@blogger.comtag:blogger.com,1999:blog-20121175.post-65071249819415080192007-09-03T06:09:00.000-07:002007-09-03T06:09:00.000-07:00Hi Mikey,That's an interesting perspective. I woul...Hi Mikey,<BR/><BR/>That's an interesting perspective. I would find it difficult to do this comparison, not knowing much about what China was like 10-15 years ago. Sad to say, someone always gets left behind in these growth spurts, and Bd certainly does not have much safety nets as it is. The recent jute mill closures may be a signal of things to come? <BR/><BR/>Truth be told, the part of the China comparison that scares me is the environment. I sure hope we can figure out a way to grow like China without trashing the environment like China has.<BR/><BR/>OTOH,ulysseshttps://www.blogger.com/profile/09700270233759256479noreply@blogger.comtag:blogger.com,1999:blog-20121175.post-13064011032201784792007-09-01T02:55:00.000-07:002007-09-01T02:55:00.000-07:00I think you're right---but I understand it in a di...I think you're right---but I understand it in a different way. Bangladesh today reminds me of what I heard about China about 10-15 years ago. <BR/><BR/>At that time the Chinese economy hadn't opened up full-throttle the way it has at the present time. Foreigners living in Beijing didn't have access to foreign goods, groceries, and other "lifestyle" items that are now easily found in all of Bangladesh's major cities. <BR/><BR/>But that trend is changing in Bangladesh, from my view, on the ground. There are now major grocery stories, there are more upscale restaurants (most of them still have a long way to go), and it seems that Bangladesh--well, Dhaka at least--is inching along. <BR/><BR/>I think the current period of stability will do well for the economic growth of the country, although the social costs of the World Bank/IMF's policies will likely cause great damage along the way, and create great masses of injustice, just as has happened in China as well. There is still very little social support in China, but things have DEFINITELY come a long way there. <BR/><BR/>Anyways--that was a long-winded way of saying I agree with you!Mikey Leunghttps://www.blogger.com/profile/12103213848814686237noreply@blogger.com