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SUMMARY
After reading the case of comparative economic development between Pakistan and Bangladesh, it is apparent
how these two countries developed similarly yet still quite “differently”. Though these two countries have showed growth,
it was impressive how Bangladesh’s annual growth overall, topped Pakistan’s even though the latter was expected to
perform better after the separation of these two. There was development in Pakistan but less progress has been made
than in many other countries. In fact, in relation to Bangladesh, social development in Pakistan is not at par with that of
the former. This means that Pakistan though showing increasing numbers, its residents aren’t feeling the benefits that the
figures show this is because these impressive rise in performance of the economy was controlled only by a small number
of elites such as businessmen who have the biggest influence on GDP outputs – benefits resulting from this, tend not to
reach the middle to low income class citizens. Bangladesh on the other hand, might not be having the same range of
income, GDP outputs, etc. with Pakistan, the fact that they are more invested in health and education have bear fruits
that displayed authentic development for the country despite starting out poorly after gaining independence in 1971. It is
indeed an inspiring story and a proof how Bangladesh, a country that is less expected to progress, attained real
development.
Key Learning
One can’t have the best of both worlds, someone or something must be compromised and foregone to achieve
the best results. Although compromise is done in one area of development, it is imperative that countries think of and
implement ways in order to raise the living levels of the residents. Comparative Economic Development is a great tool in
assessing whether one country does better than the other one, and take insights from the results and applying it to
improve on economies and quality of lives of people. Based on the case, Bangladesh have hit all the right places which
explained its unexpected growth – places where Pakistan seemed to have given less attention. Prioritizing social
development have gained long-term benefits for Bangladesh meanwhile the lack thereof for Pakistan may have given
them short-term benefits but took a toll on its long-term development goals.