veekysingh
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With climate change these economic projections mean little.
world is not gonna last very next day my friend.
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With climate change these economic projections mean little.
With climate change these economic projections mean little.
With climate change these economic projections mean little.
If i am not wrong than Pakistan started the LPG (Liberalization, Privatization & Globalization) policy 3 years before India in 1988, on the one hand Indian economy has been growing around average of 6% since than, Pakistan on the other is finding hard to even maintain a growth rate of 3-4%. People in Pakistan & it's govt. needs to understand that nations first build there economy & than go for building there military, like China did, like US did or for that matter like India did. Here we have a situation where Pakistan is spending a shocking 4-5% of it's GDP to add military muscle when it does not have the economy to support it.
Members from Pakistan here often raise questions on India's high military expenditure, but they often forget that howsoever high it may be ($ 40 billion compared to $ 7 billion of Pak) it is still just 2% of our GDP (even world average is around 2.5%). This is where Bangladesh have a definitive edge over Pakistan, though it's economy is half of Pakistan ($ 110 billion to Pakistan's $220 billion) in nominal terms but with growth rate of around 7% to Pakistan's 3-4%, it can easily surpass the Pakistan's economy in around a decade or so if things remains as it is in Pakistan.
Those who think that Pakistan cannot be compared to Bangladesh can take it this way that Pakistan had a 25 years advantage over Bangladesh (IMHO Bangladesh started true nation building effort only after 1971) & still Bangladesh's economy is half of Pakistan & growing at around solid 7%.
Props to the thread starter for an "extensive analysis" comparing the prospects for the two economies. To be fair, none of the South Asian countries have actually made any progress in economy, education, life expectancy, scientific research that can be compared with the rapid progresses of East Asian countries like Japan, Korea, Taiwan or China, for example.
zItd take about 2 decades for BD to overtake Pakistan and if you think Pakistan is gonna grow 2% after 2013... ur wrong
I think if Imran Khan is elected things will dramatically change in Pakistan for the better for the most part so these long term
projections expect things to stay as is which isn't taking into account change in government's impact on economic performance.
PS the OP is a known false flag and has made multiple IDs