1) You talked about how India is better at managing inflation than bangladesh because of the lower rate. I sort of disagree. I don't think the actual rate of inflation matters that much because the target is rather arbitrary. What matters is stability and predictability. BTW I do think India is better at managing inflation because it's central bank has more independence and it adopted an inflation targeting regime in 2015. Bangladesh hasn't explicitly. It's possible that after the recent bullshit we will also move to an inflation targeting regime.
2) Businesses don't usually openly ally with a single party because they prefer to hedge their bets. Supporting all parties is the optimal strategy.
3) The notion that capitalism undermines democracy is ridiculous. If you look at history capitalism has been a precursor to democratisation. Nearly all early Republics were in countries known for trade and commerce.
4) I don't think the Indian business influence in bangladesh is that relevant. China, Japan, Korea and America have much bigger investments in bangladesh. India bangladesh relations is always about identity politics. I would actually prefer more business influence but all of our surrounding Indian states are economic basketcases.
5) These Kolkata people are such shameless swine. They have ruined their own state with left wing policies, then move to capitalist countries and still shit on capitalism. Worthless bastards.
6) I think India bangladesh infrastructure and business cooperation will improve and it will improve under BNP.
Ershad, the man who made Islam the state religion, was also the one who reformed civil sharia.
Hasina, who was supposed to be pro India, made China the best FDI source for Bangladesh and also did military procurement and joint training with China.
Modi, who was seen as anti Muslim, was the one who resolved the border dispute with bangladesh.
Likewise, BNP will have the cultural cache to negotiate with India and not be seen as "selling of the country".
1. Agree, with the caveat that the higher the target rate, the harder it is to keep it stable and predictable in practice.
2. Agree in general. However, if you have a winner-take-all situation, a 'corner solution' is possible. This is what happened to Bangladesh after 2009.
3. Contrary to popular belief and left wing propaganda, trade and commerce promotes pro social behaviour and trust amongst strangers. Both of these are foundational to a Republican culture.
A few critiques as usual -
1) You talked about how India is better at managing inflation than bangladesh because of the lower rate. I sort of disagree. I don't think the actual rate of inflation matters that much because the target is rather arbitrary. What matters is stability and predictability. BTW I do think India is better at managing inflation because it's central bank has more independence and it adopted an inflation targeting regime in 2015. Bangladesh hasn't explicitly. It's possible that after the recent bullshit we will also move to an inflation targeting regime.
2) Businesses don't usually openly ally with a single party because they prefer to hedge their bets. Supporting all parties is the optimal strategy.
3) The notion that capitalism undermines democracy is ridiculous. If you look at history capitalism has been a precursor to democratisation. Nearly all early Republics were in countries known for trade and commerce.
4) I don't think the Indian business influence in bangladesh is that relevant. China, Japan, Korea and America have much bigger investments in bangladesh. India bangladesh relations is always about identity politics. I would actually prefer more business influence but all of our surrounding Indian states are economic basketcases.
5) These Kolkata people are such shameless swine. They have ruined their own state with left wing policies, then move to capitalist countries and still shit on capitalism. Worthless bastards.
6) I think India bangladesh infrastructure and business cooperation will improve and it will improve under BNP.
Ershad, the man who made Islam the state religion, was also the one who reformed civil sharia.
Hasina, who was supposed to be pro India, made China the best FDI source for Bangladesh and also did military procurement and joint training with China.
Modi, who was seen as anti Muslim, was the one who resolved the border dispute with bangladesh.
Likewise, BNP will have the cultural cache to negotiate with India and not be seen as "selling of the country".
1. Agree, with the caveat that the higher the target rate, the harder it is to keep it stable and predictable in practice.
2. Agree in general. However, if you have a winner-take-all situation, a 'corner solution' is possible. This is what happened to Bangladesh after 2009.
3. It's more complicated.
4. Agree.
6. Maybe.
3. Contrary to popular belief and left wing propaganda, trade and commerce promotes pro social behaviour and trust amongst strangers. Both of these are foundational to a Republican culture.