Monday 26 October 2020

Angst and Denial in India as It’s Now Officially Poorer Than Bangladesh

Angst and Denial in India as It’s Now Officially Poorer Than Bangladesh

Mirror, mirror on the wall, who’s the poorest of them all? When Bangladesh emerged as an independent country in 1971, it was arguably the poorest country in the world—or close to it. Today, the country is still poor but growing rapidly. Real economic growth exceeded 8 percent in 2019, and although the coronavirus crisis has slowed the pace, growth is expected to continue at a more modest pace of around 4 percent in both 2020 and 2021.
Read more: https://foreignpolicy.com/2020/10/20/india-falls-behind-bangladesh-gdp/?source=Snapzu

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