Global player: Pakistan’s potential highlighted

[MilSpec]

And early - mid 2000s... It took you decades just to reach a per capita income equal to Pak.

why do you own the world now ?LMAO... You guys are a supreme example of "new money"..

Very heartening to hear about global potential of Pakistan. You have to remember from onset a capitalist Pakistan was slated to be an economic marvel of Asia, whereas a poor, over populated India with it's lumbering socialist economy an about to fail state for decades together.

No Doubt India is still an extremely poor country. But I am not sure you have the slightest understanding of per capita income as an indicator and how it is calculated.

I dont think you understand the term ratio....
lets try and explain: Bhutan's per capita income is much higher than India and Pakistan. Fiji's per capita is more than combined per capita of India and pakistan. Does that make Bhutan or Fiji's economy better... The only reason you like to invoke this per capita point is because that is all that you have, because the fact is known to you in GDP PPP India exceeded pakistan by a a huge margin - which is natural due to it's size (not an achievement by any indicator )

Next is peace with India: I absolutely agree with you that there is no need for peace for economic growth. lack of Peace doesn't mean war. India and Pakistan should go their own way's, focus on their own development, with minimal diplomatic relations.

 

[DESERT FIGHTER]

Very heartening to hear about global potential of Pakistan. You have to remember from onset a capitalist Pakistan was slated to be an economic marvel of Asia, whereas a poor, over populated India with it's lumbering socialist economy an about to fail state for decades together.

Not really considering Pak was the poorest and most back part part of british India with india being the most industrialised ... Your own govt was withholding all finance etc... Your patel and Nehru bragging how Pak will fall etx..

No Doubt India is still an extremely poor country. But I am not sure you have the slightest understanding of per capita income as an indicator and how it is calculated.

I dont think you understand the term ratio....
lets try and explain: Bhutan's per capita income is much higher than India and Pakistan. Fiji's per capita is more than combined per capita of India and pakistan. Does that make Bhutan or Fiji's economy better... The only reason you like to invoke this per capita point is because that is all that you have, because the fact is known to you in GDP PPP India exceeded pakistan by a a huge margin - which is natural due to it's size (not an achievement by any indicator )

Next is peace with India: I absolutely agree with you that there is no need for peace for economic growth. lack of Peace doesn't mean war. India and Pakistan should go their own way's, focus on their own development, with minimal diplomatic relations.

So your telling me that per capita income means nothing when it comes to improving the quality of life etc!

P.S; I'm not an economist but a lawyer.

As far as I know GDP per capita of India according to IMF is 1630 USD, while Pakiatan's is 1,333 USD, meaning India crossed Pakistan's GDP a long time ago.

List of countries by GDP (nominal) per capita - Wikipedia, the free encyclopedia



If you are an accountant as you claim...then you should understand that GDP is not samosas and beef cutlets. When someone calculate cost of equity, they add a country risk premium to CAPM or a country risk exposure, lambda, to CAPM. Look at the composition of lambda and you will get an idea what goes into calculating country risk exposure.

Great .. Posting wikipedia.. With Data on Pak from 2010... Applause.., how about checking World Bank data? Apart from that do you know Pak has s large middle class while you have almost none (considering the size of your population!

 

[Sipahi]

double P are the main problem. Peace and Power. IA we will sort these at our earliest.

 

[MilSpec]

So your telling me that per capita income means nothing when it comes to improving the quality of life etc!
P.S; I'm not an economist but a lawyer.

I am not sure where you got that from, Where have I said that Per capita income doesn't mean anything? All I said is per capita is not the only indicator to determine the progress of an economy - Fiji and Bhutan , also Greece as an example has 16 times the per capita income of Pakistan, but is it a viable economy?

Per capita is not the only indicator to evaluate the health of an economy. Changes in GDP, Income and Wages/per capita inc, Unemployment rate, CPI/Inflation, currency strength, interest rates, balance of trade, corp profits, stock markets, Building permits, Value added industry, retail sales, foriegn exchanges: All of these indicators determine the health of your economy.

 

[ito]

Not really considering Pak was the poorest and most back part part of british India with india being the most industrialised ... Your own govt was withholding all finance etc... Your patel and Nehru bragging how Pak will fall etx..


So your telling me that per capita income means nothing when it comes to improving the quality of life etc!

P.S; I'm not an economist but a lawyer.




Great .. Posting wikipedia.. With Data on Pak from 2010... Applause.., how about checking World Bank data? Apart from that do you know Pak has s large middle class while you have almost none (considering the size of your population!

That data was from IMF and World Bank. You can check IMF and World Bank websites.

 

[illusion8]

IMO, Pakistan cannot achieve economics development until it has peace with India. The enmity is energy sapping, resource wasting and ground for growth of extremism.

Pakistan works on war economy, it needs a constant conflict or war - either internal or external to keep it running. @FaujHistorian is right when he says that pak fauj should start looking for conflict elsewhere namely the ME. Peace will be quite contra to how pakistan is built - i.e it's people and the country are there to service its army.

A constant threat perspective and a constant conflict is what keeps the wheels churning...Quite like how the US operates too.

 

[N/A]

Pakistan can be a global player that is 1000 times more successful compared to Columbia.

The easiest way is to use our professional army to bring peace to hot spots in the Middle East. Not in blue helmet, but our own green helmet with full contingent of military equipment.

peace

Completely disagree with your statement to be a world player one doesn't need to stick their nose everywhere... lets first slove our own problems first

 

[ito]

Pakistan works on war economy, it needs a constant conflict or war - either internal or external to keep it running. @FaujHistorian is right when he says that pak fauj should start looking for conflict elsewhere namely the ME. Peace will be quite contra to how pakistan is built - i.e it's people and the country are there to service its army.

A constant threat perspective and a constant conflict is what keeps the wheels churning...Quite like how the US operates too.

I agree on Pakistan being a war economy. In war economy, army will have considerable influence and gobble up considerable economic resources. What I don't understand is how is war economy means economic development for the common citizens of Pakistan.

 

[OrionHunter]

Bhai jaan

India has less incentives to make peace with Pakistan, hence, forget Modi, any Indian government will not make it a priority. Anyway, this debate belongs to a different thread.

On topic, Pakistan no matter what it does on economic reforms front...without peace with India, all the economic development and growth are just illusionary.

The only salvation for Pakistan is to cease its policy of state sponsored terrorism against India and Afghanistan without which there can be no peace. It should dismantle its 'strategic assets' raised for the Establishment's proxy war against India and Afghanistan. Only then can peace prevail followed by rapid development.

(Now our Pakistani friends will come up with the usual bull that India must stop helping the Balochi freedom fighters. But they are yet to provide proof! They can't. Because there's none!)

But unfortunately, the Pak Establishment will never want peace with India otherwise the PA will be out of business and lose considerable pelf and power which it enjoys today!

So in this scenario, Pakistan's progress and economic development will be much slower than what can be achieved, thanks to a flawed foreign policy which the army controls especially in relation to India and Afghanistan..

 

[illusion8]

I agree on Pakistan being a war economy. In war economy, army will have considerable influence and gobble up considerable economic resources. What I don't understand is how is war economy means economic development for the common citizens of Pakistan.

It's a security state with a overblown defense force existing in a "created" and perceived multiple threat scenario. Being part of various security blocks - earlier anti soviet, NATO WOT, Muslim block and now China block brings with it flow of funds and various economic benefits. For e.g. Their general has created a security environment around their recent dearest poject "CPEC" by making statements that the PA "will not" allow anyone to derail or harm it and by creating a threat perception against it namely from India and RAW. All those statements of RAW getting funds to "disrupt" it, and so called India's nefarious activities has brought the PA into the limelight and the frontrunner into this project as well. All that propaganda has successfully made it's people believe that its the army that will save CPEC...and people will believe that no price is dear enough to pay for the "security" that the pak fauj will to the "CPEC".

This project will be the latest dollar pit for the army to dip into regularly. If you analyse it - everything Pakistan does circles around security matters and matters that brings its army into the hot seat.

 

[Yazp]

The easiest way is to use our professional army to bring peace to hot spots in the Middle East. Not in blue helmet, but our own green helmet with full contingent of military equipment.

Starting with our own backyard, of course.

 

[SrNair]

Pakistan works on war economy, it needs a constant conflict or war - either internal or external to keep it running. @FaujHistorian is right when he says that pak fauj should start looking for conflict elsewhere namely the ME. Peace will be quite contra to how pakistan is built - i.e it's people and the country are there to service its army.

A constant threat perspective and a constant conflict is what keeps the wheels churning...Quite like how the US operates too.

But for US ,that economy is giving so much prosperity to their people.We cant say same about Pakistan.

 

[illusion8]

But for US ,that economy is giving so much prosperity to their people.We cant say same about Pakistan.

US operates on two planes - homeland and global strategy. Both are distinctly different and kept separate by design....that's not the case with pakistan.. It probably has to do with how the US came into existence..and what its founding fathers introduced as a way of life immediately after its constitution. Their global strategy changed during the world wars when they saw that they can play a huge role in the world militarily and strategically and everything fell into their lap.

 

[Sheikh Rauf]

IMO, Pakistan cannot achieve economics development until it has peace with India. The enmity is energy sapping, resource wasting and ground for growth of extremism.

Where the hell india come from... did we mention about you... you guys are so obsessed with Pakistan everywhere you see things need to put your nose in .. Pakistan had developed manything on its own and we dont need even a bit of suggestion from you...
just keep your jelouse A$$ out of Pakistan's Matters..
and if still it itches you then solve Kashmir issue... then we maybe consider you.

 

[New Resolve]

Pakistans economic development is linked to its great Geo Strategic location and the advantages that come with it i.e CPEC, Central Asia etc. This is the national project and will catapult us, the enemies can only show jealousy as is evident. Security and the right climate is what needs to be ensured and is being done.