A Comparison of GDP Per Capita of India and Bangladesh
Case Code: ECON094 Case Length: 17 Pages Period: 2019-21 Pub Date: 2021 Teaching Note: Available |
Price: Rs.300 Organization : - Industry :- Countries : India Themes: Macroeconomic Environment, Economic Slowdown |
Abstract Case Intro 1 Case Intro 2 Excerpts
Background
Bangladesh, one of the most densely populated countries in the world, had been battling poverty and under-development for more than two decades before its independence from Pakistan in December 1971. India was instrumental in Bangladesh gaining independence. When the country got independence, Bangladesh had high levels of poverty and a dense population. It was threatened by natural disasters and was in a state of political turmoil. The separation from Pakistan gave the country an opportunity to start afresh on its economic and political identity. After Bangladesh became independent, India extended support to the country in the form of economic assistance. From 2010 to 2017, India extended three Lines of Credit (LOCs) amounting to US$8 billion to Bangladesh. This was the largest amount of LOC funds that Bangladesh had received from India during the period (2010-2017)..
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