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Old November 4, 2012, 03:40 PM
Equinox Equinox is offline
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Join Date: May 25, 2009
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Pleasing article to read. The contribution of NGOs and social co-operatives in Bangladesh's development is undeniable. The growth rate has been disappointing considering the base we started off from but when such a large portion of the economy is underground - reliable estimates put it at 30-40% of GDP - the GDP growth rate is often not the most accurate indicator of economic progress. I believe we have the highest growth rate in the subcontinent now that the Indian economy has begun cooling. Regardless, we should be aiming higher and I believe a growth rate of 7-8% is easily attainable for the next decade or so if there is a system in place that supplements the intrinsic entrepreneurial spirit of the Bangladeshi people.
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