Compar*ing GDP growth rates across all Pakist*ani rulers in histor*y reveal

[Hyde]

Not to forget the democratic governments were always slapped with sanctions and all three military governments enjoyed great relationship with the USA. Ayub Khan was considered pro American by many analysts (true or false i am not arguing), Zia Ul Haq was needed to fight a war against Soviets and Musharraf was needed in the War on Terror. So they received billions of dollars in aid to prepare their budgets without the worry of taking loans from the rest of the world.

Political parties in Pakistan were facing tough sanction in the 90s while the military government enjoyed economic and military aid so it is not fair to compare all political parties in the same circumstances. For example the average growth rate of Pakistan has always been higher than the average growth rate of the world.

Source: World Development Indicators and Global Development Finance - Google Public Data Explorer

Even during the era of Zardari, the average growth rate of the world in 2009 was -2.33% and Pakistan posted a growth rate of positive 3.6%? If the world had a growth rate of 4.09% in 2004 then we posted 7.35% bearing in mind we were also receiving billions of dollars in aid from America and all the sanctions were already been terminated by then. If the world posted the growth rate of 1.56% in 1991, we posted a growth rate of 5.06%.

It has always been like that! - there are many other factors to keep in mind so not that easy to compare each government based on figures only.

 

[Armstrong]

Somehow I feel that the law of diminishing returns wasn't taken into context when comparing these figures ! In a nutshell growing from 1000 to 1050 is one things but growing from 10,000 to 10,500 is something quite different at the same 5% growth rate !

 

[kas786]

Democracy didn't fail ..
It's Zardari who failed .
But you should also keep in mind that he came to power during global recession and which is still going on in European countries affecting growth rate

That's going to be Zardari's lame excuse. Lol.

 

[Dance]

Zardari/ Gilani reign has probably been the worst in Pakistan's history.

During Nawaz Sharif's reign we had bad economic growth, but at least there was security and for the most part Pakistan was safe. We don't even have that anymore.

 

[Jango]

Source: World Development Indicators and Global Development Finance - Google Public Data Explorer

Even during the era of Zardari, the average growth rate of the world in 2009 was -2.33% and Pakistan posted a growth rate of positive 3.6%? If the world had a growth rate of 4.09% in 2004 then we posted 7.35% bearing in mind we were also receiving billions of dollars in aid from America and all the sanctions were already been terminated by then. If the world posted the growth rate of 1.56% in 1991, we posted a growth rate of 5.06%.

It has always been like that! - there are many other factors to keep in mind so not that easy to compare each government based on figures only.

You also have to add in the population growth rate as well. While their economy took a little stumble, their population was not exploding, so the gap was not huge. While in our case, the gap is big. Factor in other things like WoT and insurgencies, mass corruption and inefficiency, and you are in deep trouble even with a rate of three. Factor in even more things such as loans and debts, you are in free fall, while Europe takes a stumble.

 

[Baby Leone]

pakistan gets more money through expatriates than exports right now.

Taken more loans in 4 years than 60 years.

PIA has 18k employees for around 50 aircraft, half those people don't even bother to come into the office or are employed because of some pressure and corruption.

'nuf said.

BTW, where is that guy truthseer? According to him, PPP is the best thing to ever happen to the country.

I guess ppls should get some knowledge before commenting on any intl forum..:O

 

[Jango]

I guess ppls should get some knowledge before commenting on any intl forum..:O

What do you mean to say?

 

[Big Boss]

^ Which ones in particular?

Zia ul Haq and Musharaff................any doubt????

 

[SMC]

Zia ul Haq and Musharaff................any doubt????

Musharraf only got 5 billion aid in 9 years of rule, or just over 500 million per year. That hardly makes a difference when it comes to an economy.