Bangladesh's recent stable growth should not be branded as a low middle-income growth trap. Since independence, Bangladesh has consistently increased its average growth rate over every decade with a corresponding decrease in growth volatility.
India posted annual growth of 7.3 percent on Friday, overtaking China in the first three months of 2015, but analysts warned further measures were needed to boost the economy.
Bangladesh's recent stable growth should not be branded as a low middle-income growth trap. Since independence, Bangladesh has consistently increased its average growth rate over every decade with a corresponding decrease in growth volatility.
India posted annual growth of 7.3 percent on Friday, overtaking China in the first three months of 2015, but analysts warned further measures were needed to boost the economy.
