Forbes : To Catch Up With India, Pakistan Needs Modi's Magic

[SMC]

Index/Fund 2-year Performance
Global X MSCI Pakistan (PAK) -2.64%
iShares S&P India 50 (INDY) 32.55%
Source: Finance.yahoo.com 11/6/17

This is silly. Why not look at the entire stock market of the two countries and how much they have grown? Any index will be limited to only the few stocks it caries. The MSCI Pakistan index has less than a dozen stocks last I checked.

Oh, this is written by an Indian. God damn, I just wasted my time typing and reading.

 

[PAKISTANFOREVER]

To Catch Up With India, Pakistan Needs Modi's Magic

Panos Mourdoukoutas ,

CONTRIBUTOR

/ AFP PHOTO / AAMIR QURESHI (Photo credit should read AAMIR QURESHI/AFP/Getty Images)

Pakistan’s leaders need to borrow Narendra Modi’s magic to lift their country up.

India and Pakistan have made good progress in recent years in lifting their economies up in key international rankings. But Pakistan’s progress lags far behind that of India’s. Pakistan, for instance, ranks 114 in global competitiveness ranking, while India ranks 40. Pakistan ranks 147 in the Ease of Doing Business ranking, India 100. Pakistan ranks 116 in global corruption ranking, India 79.

Country Global Competitiveness Ranking Ease Of Doing Business Ranking Corruption Ranking GDP Growth
Pakistan 115 147 116 5.28%
India 40 100 79 5.7
Source: Tradingingeconomics.com 11/6/17

Financial markets have taken notice. S&P India 50 is up 32.35% over the last two years, while Pakistan’s Global X MSCI Index is down 2.64%.



Index/Fund 2-year Performance
Global X MSCI Pakistan (PAK) -2.64%
iShares S&P India 50 (INDY) 32.55%
Source: Finance.yahoo.com 11/6/17

India owes its rapid ascent in global rankings to Prime Minister Narendra Modi’s magic, easing the many regulations that have constrained the ingenuity of the Indian people. Simplifying these procedures has made it easier for entrepreneurs to start a business.


Then there’s been steady progress with economic reforms, e.g., the loosening of controls on foreign investment, reduction of export-import taxes, and the removal of price controls.

And the swap of 500 and 1000 rupee notes to fight corruption, which usually leads to large government budget and current account deficits, while constraining competition and technological progress.

Modi’s magic isn’t confined to domestic policy. It extends to foreign affairs where he has forged close ties with US and Japan.

The Indian leader’s policies are in sharp contrast to those of Pakistani leaders who have been entangled by local corruption rather than fighting it; and in their choice of the wrong ally—China—when it comes to foreign policy.

Time for Pakistan’s leaders to catch up with Modi.


https://www.forbes.com/sites/panosm...ndia-pakistan-needs-modis-magic/#739e0dbe7d52

Forget india. They have got 0 to do with us I'm more worried and concerned at how Pakistan can catch up with Turkey, Iran and Jordan. Will CPEC & other similar initiatives help us get there?

 

[EndangeredSpecies]

Forget india. They have got 0 to do with us I'm more worried and concerned at how Pakistan can catch up with Turkey, Iran and Jordan. Will CPEC & other similar initiatives help us get there?

In short, nope!

 

[AZ1]

Yet AL HUM DULILLAH, the standard liviing of Pakistanis are much higher than Indians.

 

[EndangeredSpecies]

Yet AL HUM DULILLAH, the standard liviing of Pakistanis are much higher than Indians.

Yeah, last I remember Pakistani line up for medical treatment in India not the other way round. Nice living standards you have.

 

[MultaniGuy]

Yeah, last I remember Pakistani line up for medical treatment in India not the other way round. Nice living standards you have.

Only a few Pakistanis go to Indian medical facilities and pay for it.

Otherwise Most Pakistanis don't go to India.

 

[abc123xyx]

why modi when china already providing them azzer masood...

 

[PAKISTANFOREVER]

In short, nope!

In short, we will follow a paradigm and a path that is compatiable with the Pakistani race and nation. CPEC & other similar initiatives has already achieved things for Pakistan that were deemed impossible only 3 years ago. I'd rather have the average Pakistani having the same living standard as that of an Iranian, Turk or Jordanian than having between 30-40% of the world's most severely malnourished and extreme poor.

 

[ShoutB]

No offence BUT MY MAN MODI can sign a multi billion dollar Road programme UNCHALLENGED by any 2 BIT PENNY uniformed general

That's why INDIA is the ONLY country that 99% of the WORLD TALK ABOUT in their capitals when discussing South Asia. and INDIAN OCEAN.

A MODI would transform your country's image OVERNIGHT

Not just that
that's only 41 billion dollars

Another program known as Sagar mala worth 120 billion dollars under progress. This will upgrade cargo capacity of ports.

 

[Canuck786]

Modi is the best thing that happened with Pakistani perspective. if we see him for another term, it would practically ensure dissolution of India into several independent countries.

 

[maravan91]

Modi is the best thing that happened with Pakistani perspective. if we see him for another term, it would practically ensure dissolution of India into several independent countries.

Indians r happy with Modi as pm. Pakistanis r also happy with Modi. Its a win win situation for both countries.

 

[Vanamali]

Your nose can answer that question easily. Open your nostrils next time your in India and take a gasp of air in. After you have taken in all that open defecation capital India in please tell me "is this good or bad"??????

Advising on personal experience??? Great keep it for, thanks for enlightenment.

 

[Max]

what an insult to Pakistan, someone should beat this swine who is directing us to follow the country which have more poverty, more income inequality then Pakistan.

Pakistan have better economy then eastern neighbours for almost 65 years, why should we learn from chai wala who fudge numbers, or a country who have accepted corruption as norm. instead of our previous leaders before 80's they were not perfect but saints compared to scums we have today, in 65 years, Pakistan have higher per capita, less poverty and more income equality hence more middle class then starving bhangis in east who were even denied loans by western countries and institution before opening economy. You can shove all that fvckin index..

Pakistan went through worst 2 decades, in 90's we have political instability where average duration of a parliamentary term was 2 years, we faced sanctions for nukes, in 2000's we started facing terrorism (deadly for economy) which later intensify and now in control, deadly earthquake in 2005, then deadly floods in 2010 which wipe out billions. Yet we are still here with world bank predicting 5.5%. GDP growth for this year despite all the political turmoil..

When present govt took power we needed energy and security, we got both largly, we see no more protests against load shedding, now Pakistan only lacks politcial stability.. We need a popular leader with powerful mandate.

 

[t_for_talli]

Thats completely irrelevant here.

India is bound to have a larger economy because India has more resources and territory,etc.

SO lets talk about per capita numbers

More Per capita GDP
More per capita income
More per capita steel consumption
More per capita cement consumption
More per capita electricity consumption
More per capita smartphones consumption
More per capita food intake
More per capita automobiles

 

[Zen0]

I'm more worried and concerned at how Pakistan can catch up with Turkey, Iran and Jordan. Will CPEC & other similar initiatives help us get there?

Kek a sanction ridden country with negative growth rate & a near land locked 3rd world desert country that needs to import vegetables to just escape starvation.