An article on the AICPA journal just came out on how BD is kicking India s ass in every way...prosperity. .gdp mortality growth rate... ..everyway!! Bangladesh overtakes India. For the first time, Bangladesh has overtaken India, ranking 103rd overall, compared to 106th for India. The two countries have been moving in opposite directions since 2009. India has fallen down the rankings on six of the eight pillars of prosperity, while Bangladesh has improved its position on six of the eight. India has declined most dramatically in Safety & Security, the Economy, and Governance. The data show that Bangladeshis live longer, healthier, and safer lives than their Indian counterparts. Using a broad framework for measuring success allows for a clear-eyed understanding of the factors that both promote and restrain prosperity. This – to borrow Maslow’s terminology – provides the policymaker with tools beyond just a hammer with which to fix problems. The path to prosperity for nations is complex. The history of human progress reveals a wide array of factors that combine to propel nations forward on their journey of development. The precise combination and ordering of these elements may be debated and questioned, but the truth remains: national progress – much like human progress – is comprised of a complex blend of different factors. The Prosperity Index, much like Maslow’s most famous contribution (the hierarchy of needs), attempts to provide a framework to understand and measure some of the most important factors that drive progress and development. Directly from the AICPA journal for November 2013.
Posted on: Tue, 12 Nov 2013 17:04:57 +0000
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