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T N Ninan: A tale of two countries

Bangladesh has raced past Pakistan by shunning religious fundamentalism and focusing on its economy

T N Ninan 

T N Ninan In 1971, Bangladesh won independence from Pakistan after years of treatment as a poor relative and its culmination in a bloody war whose after-effects were felt for many years. Eight years later, the new country’s per capita income was a miserable $90; the World Bank ranked it as the world’s fourth poorest country, out of 124. Henry Kissinger’s dismissal of the place as a basket case seemed apt. At the time, Pakistan’s per capita income was almost three times as high, at $260. What is more, Bangladesh had seen no growth in its per capita income since 1960, while ...

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T N Ninan: A tale of two countries

Bangladesh has raced past Pakistan by shunning religious fundamentalism and focusing on its economy

Bangladesh has raced past Pakistan by shunning religious fundamentalism and focusing on its economy In 1971, Bangladesh won independence from Pakistan after years of treatment as a poor relative and its culmination in a bloody war whose after-effects were felt for many years. Eight years later, the new country’s per capita income was a miserable $90; the World Bank ranked it as the world’s fourth poorest country, out of 124. Henry Kissinger’s dismissal of the place as a basket case seemed apt. At the time, Pakistan’s per capita income was almost three times as high, at $260. What is more, Bangladesh had seen no growth in its per capita income since 1960, while ... image
Business Standard
177 22

T N Ninan: A tale of two countries

Bangladesh has raced past Pakistan by shunning religious fundamentalism and focusing on its economy

In 1971, Bangladesh won independence from Pakistan after years of treatment as a poor relative and its culmination in a bloody war whose after-effects were felt for many years. Eight years later, the new country’s per capita income was a miserable $90; the World Bank ranked it as the world’s fourth poorest country, out of 124. Henry Kissinger’s dismissal of the place as a basket case seemed apt. At the time, Pakistan’s per capita income was almost three times as high, at $260. What is more, Bangladesh had seen no growth in its per capita income since 1960, while ...

image
Business Standard
177 22