A Comparison of Pakistan and Bangladesh’s Economic Development: An Analysis

Abstract

             21^st century is the century of economy. Countries have their relations on the base of economy. So economy has become most powerful weapon in the world. Economy is related to production, distribution and consumption. GDP, industrial production, employment rate and poverty rate are the basic indicators of economy. Bangladesh’s economic condition was very poor with its independence. But now Bangladesh’s economy is growing very fast and Bangladesh has left Pakistan behind in economic race. Pakistan needs to focus on the industry and service sector instead of agriculture. In agriculture, there is more effort but less result. Bangladesh focused on industry and became better economy. Pakistan has to better its tax collecting system.