Burma and North East India theater

[CaPtAiN_pLaNeT]

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No, what I'm saying is that this sounds like more wishful thinking. Anyone could come and say "our actual GDP is $500 higher or $2000 higher or $5000 higher in PPP terms". The statistics show that your per capita GDP was 678 for 2011. That's the statistic.

I told you that is because of the number of population that they count. Bd government count it with 148 million and they 165 million.

But all of these is based on 1995 base year.

In terms of PPP bangladesh has 1600 usd per capita gdp with 1995 base year and counting 165 million population.

This is higher then Myanmar's 1400 usd PPP per capita GDP.

Though in real term it is much higher for Bangladesh.

Bottom line all of these figure is based on 1995 base year...period and population of 148 million or 165 million.

[alaungphaya]

And what I'm saying is every country has mitigating circumstances, exceptions and provisos, but at the end of the day, you have to look at cold, hard statistics.

[CaPtAiN_pLaNeT]

And what I'm saying is every country has mitigating circumstances, exceptions and provisos, but at the end of the day, you have to look at cold, hard statistics.

So what do you think are we not looking or blind??? But government is trying to upgrade all these backward stat data to a new one which is relevant with present one.

Up gradation of base year to 2005 and population to 148 million not 165 million which many international organization uses.

[INDIC]

don't just poont dude, read the article!

As a the famous proverb says trying to sell a comb to a bald guy(by constant persuading ) (ganje ko kanghi bechna.)

[LaBong]

India has been calculating inflation based on base year of 1993-95 till 2010, I don't see any sudden jump of GDP/capita after 2010 and India has witnessed revolutionary changes in private sector after 95.

Anyway Bangladesh GDP/capita Nominal is 678 usd.

http://en.wikipedia.org/wiki/List_of..._2000_and_2009

For the economics illiterate Bangladeshis here - The Nominal Gross Domestic Product measures the value of all the goods and services produced expressed in current prices. On the other hand, Real Gross Domestic Product measures the value of all the goods and services produced expressed in the prices of some base year.

There goes the canard of 1995 base year up bd arse and another sad ending of bd wet dream!

[iajdani]

India has been calculating inflation based on base year of 1993-95 till 2010, I don't see any sudden jump of GDP/capita after 2010 and India has witnessed revolutionary changes in private sector after 95.

Anyway Bangladesh GDP/capita Nominal is 678 usd.

List of countries by past and future GDP (nominal) per capita - Wikipedia, the free encyclopedia

For the economics illiterate Bangladeshis here - The Nominal Gross Domestic Product measures the value of all the goods and services produced expressed in current prices. On the other hand, Real Gross Domestic Product measures the value of all the goods and services produced expressed in the prices of some base year.

There goes the canard of 1995 base year up bd arse and another sad ending of bd wet dream!

Indian GDP base year is 2005 and is currently working on to upgrade that to 2010.

http://news.priyo.com/business/2012/...res-52376.html

GDP terribly underestimated: Muhith

Finance Minister AMA Muhith on Saturday said the country’s gross domestic product (GDP) is terribly underestimated despite having a better statistical system compared to many countries in the world.

“Our GDP is not simply underestimated, it’s terribly underestimated,” he told a function at the auditorium of Bangladesh Bureau of Statistics (BBS) in the city.

He said everything related to data calculation would have to be rethought for the betterment of the country and its economy. “We’re in a process to introduce a new statistical system after nearly 15 years…hope, we’ll be able to revise all the statistical data within a year. It’ll be good for the economy,” Muhith said.

The BBS and Economic Research Group (ERG) jointly arranged the function to distribute certificates among the participants of a month-long course, titled ‘National Income Accounting: Theory and Practice’.

Planning Minister AK Khandker spoke as a special guest at the programme held with secretary to Statistics and Informatics Division of Planning Ministry Riti Ibrahim in the chair.

BBS director general M Shahjahan Ali Mollah and course coordinator and Research Director of Economic Research Group Dr Sajjad Zohir also spoke on the occasion.

Speaking as the chief guest, Muhith said statistics are very vital which change constantly. “We need to have proper knowledge about technology and changed system to adjust ourselves with that.”

He emphasised uniformity of standards among all the data calculators to have better outcomes.

Planning Minister AK Khandker said proper training is a must for all to adjust with the latest technology to calculate data accurately as the national policies are formulated based on various statistics.

He appreciated the BBS and other officials who took part in the training programme for their interest and sincerity in the result-oriented training courses. “Such training will help them (data analysts) come up with accurate information.”

A total of 20 officials from the BBS, Bangladesh Bank and Center for Policy Dialogue (CPD) and other government organisations took part in the month-long training course.

The Finance Minister handed over certificates to the participants at the function. Earlier, team leaders of four groups made presentations on their selected topics.

[LaBong]

Indian GDP base year is 2005 and is currently working on to upgrade that to 2010.

It's been upgraded to 2005 after 2010, base year was 1993-94 before 2010.

India's Inflation Index With New Base Year From May 14

Anyway Nominal GDP is counted based on current price while Real GDP is measured based on a base year. So it doesn't matter actually.

[iajdani]

It's been upgraded to 2005 after 2010, base year was 1993-94 before 2010.

India's Inflation Index With New Base Year From May 14

Anyway Nominal GDP is counted based on current price while Real GDP is measured based on a base year. So it doesn't matter actually.

GDP base year and inflation base year is totally different thing.. LOL

Indias base year were never 93-94 but was 95-96 and adjusted every 10 years. The next year was adjusted to 2005/2006.

[LaBong]

Base year means base year for inflation adjustment, while nominal is not adjusted and based on current price.

[iajdani]

Base year means base year for inflation adjustment, while nominal is not adjusted and based on current price.

What are you talking about??

India to Revise GDP Base Year to 2011-12


New Delhi, June, 20: The National Statistical Commission (NSC), has suggested to revise the base year to 2011-12 from the current base year of 2004 -05 for the calculation of new gross domestic product (GDP) of the country.

According to NSC, close base year will lead to accurate reading of economic structure of the country.

"We have started preparations for shifting the base of the GDP to 2011-12, as per the recommendations of the National Statistical Commission (NSC)," said TCA Anant, Chief Statistician of India.

Presently, three most awaited economic indicator, the Gross Domestic Product (GDP) , the Index of Industrial Production (IIP) and Wholesale Price Index (WPI) are based on 2004-05 prices.

The base year for GDP has been revised after every five year for improving accuracy in data. Earlier, NSC has suggested 2009-10 as the new base year but has dropped the idea due to year was named abnormal year. As the country was recovering from the global financial crisis that year could not be considered for base year.

According to NSC, in 2011-12, the five-yearly survey on employment and consumer expenditure will be repeated. They were carried out in 2009-10, but since bad monsoons would have affected employment and income growth, the surveys will need to be done again.

The change in the base year of the GDP series is considered to be very important, as the other two major data series, IIP and WPI, are also expected to be changed to the same base year.

Now, economist of country has started the conscious discussion on the effect of change in base year on key economic indicator. Economists say current higher inflation rate could mean lower inflation rate in coming year. Similarly present slowdown in growth rate of 8.5 % could mean higher growth in future.

According to Analysts, till now, 2011-12 is a choppy year due to higher inflation and lower economic growth, but the officials of NSC has been considering it as normal year. Real picture would be clear when the final figure will come. Till that all the reports will be speculation.

Ultimately Govt and its officials has succeed to find the way to curb whopping inflation in country and may provide some statistical relief to common man.

http://goindocal.com/business-%BB-ec...12-go-1294.htm

[kalu_miah]

http://www.internal-displacement.org...CR-Nov2011.pdf
Would the independence of North-east India benefit for Bangladesh? - BanglaCricket Forum
Northeast India seeks secession from India and integration into China; netizens’ comments | Ministry of Tofu


India's Prime Minister Manmohan Singh (second from left) shakes hands with Burma's President Thein Sein during a welcoming ceremony before their meeting in Naypyidaw on May 28th. India hopes better relations with Burma will boost efforts to tackle cross-border infiltration by extremist groups. [Reuters/Press Information Bureau of India]
With nowhere to go, insurgents take refuge in Burma - khabarsouthasia.com

[eastwatch]

wow Bangladesh GDP/capita is increasing by each post it seems!

Anyway I don't know if you guys are blind or just pretend not to see, but BD gdp/capita is given in the very article provided by Sami.

Per capita income up to $ 848

You remain, as always, the dumbest Indian in this Forum. Don't you really know the difference betwwn GDP and GNI? Ignorant, go and learn in the Primary school.

[eastwatch]

How come ..per capita GDP will be much higher than per capita income in a third world country like BD. In a developed nation these could be nearer but per capita GDP will always be higher than per capita income so far I understand.

I think you are confusing between GDP and GNI. Would you mind reading post #214, the definitions are given there.

[Roybot]

You remain, as always, the dumbest Indian in this Forum. Don't you really know the difference betwwn GDP and GNI? Ignorant, go and learn in the Primary school.

Maybe you should read what he said, the GDP per capita figure is also mentioned in that very article.

Allow me to quote it for you,

The per capita Gross Domestic Product (GDP) of Bangladesh has also been boosted by $ 24 to $ 772 or Tk 60,350 in the outgoing fiscal, the survey report showed in the provisional data.

[alaungphaya]

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He was talking about nominal and real GDP. The latter is adjusted for inflation based on a specific year e.g. 1995. However, you can't measure every single penny that's exchanged in a country so to calculate GDP, whether real or nominal, they choose a group of representative industries from which to make the calculations from I believe. This is where the confusion comes from. LaBong was not talking about the difference between GNI and GDP. Even with GDP, nominal GDP is simply the aggregate of consumption + savings + investments + net import/export at the nominal price i.e. unadjusted for inflation so the inflation base year is irrelevant. What the Bangladeshis are talking about, I think, is that the representative industries they use to calculate Bangladesh GDP are from the 1995 convention and thus is not fully representative of their economy now. Atleast, I think that's what they mean.

Now, throw in PPP and you get into an even bigger hornet's nest as this adjusts for differences in purchasing power e.g. if a Toyota Corrolla costs $10000 in Thailand but $20000 in Japan, even if a Japanese person earns twice as a Thai, they can only afford the same number of Toyota Corollas. The problem with PPP adjustments is it's very subjective what baskets of goods and services you would use to represent everyday consumption. So PPP in itself is confusing and controversial.