Comparing Indian and Pakistani Economies in 2014

[RiazHaq]

View attachment 135448

View attachment 135452

Cost Of Living Comparison Between India And Pakistan

Also cited by Murtaza Haider in Dawn. But all of it factually incorrect.

An international comparison of 800 products and services by the World Bank across the globe found that Pakistan is the second cheapest country in cost of living. Only Egypt is cheaper than Pakistan. Pak rupee has higher buying power in dollar terms than the Indian rupee.

The latest ICP findings conclude that Pakistan's per capita income is US$4,450.00, just slightly below India's US$4,735.00

Haq's Musings: World Bank: Pakistan Ranks Among World's 25 Largest Economies

 

[Mike_Brando]

I'm not Pakistani. Just sharing the truth about Indian history does not make me a Pakistani

Lol,so now an American(alleged) will teach us about our own country!Well we know your secret Luca,you're nothing but a chinese masquerading as an American citizen just like some of your countrymen in this forum

 

[kak1978]

Guys, please don't entertain Mr. Riaz Haq's threads. All his sources point to his own blog, good way to drive traffic. and he conveniently ignores tough questions.

 

[narcon]

Also cited by Murtaza Haider in Dawn. But all of it factually incorrect.

An international comparison of 800 products and services by the World Bank across the globe found that Pakistan is the second cheapest country in cost of living. Only Egypt is cheaper than Pakistan. Pak rupee has higher buying power in dollar terms than the Indian rupee.

The latest ICP findings conclude that Pakistan's per capita income is US$4,450.00, just slightly below India's US$4,735.00

Haq's Musings: World Bank: Pakistan Ranks Among World's 25 Largest Economies

I knew you would not be able to debunk it, but knowing you as I know you since Chowk.com days, you would twist matter somehow, which you did.


Talking about strength of purchasing power, the crucial thing that governs this factor is real wages and salaries and not GDP.

GDP sum is equally divided by country's people and you get per capita GDP. And that is not an indicator of purchasing power.

Example:

Brunei has more per capita GDP than Japan, but has very less purchasing power than Japan. This was just a single example, there are many such.

So you see, your dialogue did not have any punch.
Thanks for coming..

And this: Haq's Musings: World Bank: Pakistan Ranks Among World's 25 Largest Economies is no more a fact:
This is: Top 25 Countries with the Largest Economies and Pakistan is missing from this list...Pakistan is losing ground on economy year after year...

 

[HariPrasad]

India is 3rd largest economy in world in PPP just after US and China.

 

[danger007]

I knew you would not be able to debunk it, but knowing you as I know you since Chowk.com days, you would twist matter somehow, which you did.


Talking about strength of purchasing power, the crucial thing that governs this factor is real wages and salaries and not GDP.

GDP sum is equally divided by country's people and you get per capita GDP. And that is not an indicator of purchasing power.

Example:

Brunei has more per capita GDP than Japan, but has very less purchasing power than Japan. This was just a single example, there are many such.

So you see, your dialogue did not have any punch.
Thanks for coming..

And this: Haq's Musings: World Bank: Pakistan Ranks Among World's 25 Largest Economies is no more a fact:
This is: Top 25 Countries with the Largest Economies and Pakistan is missing from this list...Pakistan is losing ground on economy year after year...

you can't argue with him... He is too old to accept the truth and reality. ..

 

[Nova2]

The latest ICP findings conclude that Pakistan's per capita income is US$4,450.00, just slightly below India's US$4,735.00

As per the latest IMF Global Economic Outlook "2014",
Pakistan's per capita Income for 2013 -- $4573 in (PPP terms)
India's Per capita Income for 2013 -- $5449.
Source:IMF: Report for Selected Countries and Subjects
Slightly below? maybe not.

Haq's Musings: World Bank: Pakistan Ranks Among World's 25 Largest Economies

Pakistan is 43rd Largest Economy in nominal terms @$232.7billion.
List of countries by GDP (nominal) - Wikipedia, the free encyclopedia
& 26th Largest economy in PPP terms in the world at $835.1billion.
List of countries by GDP (PPP) - Wikipedia, the free encyclopedia
I hope you wont say that IMF is incorrect

 

[RiazHaq]

#Pakistan improving sanitation way faster than #India: Study - The Economic Times Pakistan improving sanitation way faster than India: Study - The Economic Times

NEW YORK: Pakistan has left India far behind in terms of improving water and sanitation access for their citizens, reveals a new performance index released on Friday.

While Pakistan was ranked five in the new index developed by The Water Institute at the University of North Carolina at Chapel Hill's Gillings School of Global Public Health in the US, India occupied an unenviable 92nd position. High performers also included China, El Salvador, Niger, Egypt, and Maldives. Russia, the Philippines and Brazil on the other hand, were low performers.


The index compares countries regardless of size and income level. By use this method the report deduced that a country’s gross domestic product does not determine performance in improving water and sanitation access for its citizens.

“This means that even countries with limited resources can make great strides if they have the right programmes in place,” said co-author of the report Jamie Bartram, director of The Water Institute at UNC.

“National governments, NGOs, and aid agencies can direct their resources toward building systems and capacity for action in countries that are lagging, and toward implementation where those capacities are in place and performing,” Bartram noted.

Read more at:
Pakistan improving sanitation way faster than India: Study - The Economic Times

 

[HariPrasad]

#Pakistan improving sanitation way faster than #India: Study - The Economic Times Pakistan improving sanitation way faster than India: Study - The Economic Times

NEW YORK: Pakistan has left India far behind in terms of improving water and sanitation access for their citizens, reveals a new performance index released on Friday.

While Pakistan was ranked five in the new index developed by The Water Institute at the University of North Carolina at Chapel Hill's Gillings School of Global Public Health in the US, India occupied an unenviable 92nd position. High performers also included China, El Salvador, Niger, Egypt, and Maldives. Russia, the Philippines and Brazil on the other hand, were low performers.


The index compares countries regardless of size and income level. By use this method the report deduced that a country’s gross domestic product does not determine performance in improving water and sanitation access for its citizens.

“This means that even countries with limited resources can make great strides if they have the right programmes in place,” said co-author of the report Jamie Bartram, director of The Water Institute at UNC.

“National governments, NGOs, and aid agencies can direct their resources toward building systems and capacity for action in countries that are lagging, and toward implementation where those capacities are in place and performing,” Bartram noted.

Read more at:
Pakistan improving sanitation way faster than India: Study - The Economic Times

Congratulations!!!!!!