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India becomes world's 5th largest economy, overtakes UK, France

The entire business of predicting economy is no better than a tarot card reading. There are simply too many things that can go wrong. Iran in 1960s or 70s was progressing so fast that it would have become almost European standard developed. Then revolution happened and took all progress with it.

Somalia in early 70 is progressive and well developed country by any modern standard at the time, then came the dissaster, so with the Afghanistan in early 60's.
 
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Now both can masturbate over "big, big" while being fcukin starving.
GDP has more to do with total financial abilities of country. A small rich country like Singapore can never defeat a populous lower middle income country like Pakistan in a war.

US is strongest being world's most populated developed country, former Soviet Union used to compete with China and India in population at a certain point of time, China & India have attention for potential because their populations are massive enough to create giant economies without even being developed countries. (Total power means: Population x Income)

So, when Indians boast of their economy, they boast of their national power, not their living standards. Otherwise, they boast of their growth which is improving their living standards fast.

AFAIK, Pakistan was a significantly richer country than India till 2000. :D
Now, GDP per capita of India will is about to cross double of that Pakistan in just 2-3 years.

To be a 5 Trillion economy in 5 years India needs to grow at an average of 12 percent per annum.

Given current domestic and International scenario target looks improbable to reach.
Total nominal GDP growth is:
Real growth + Inflation + Currency Appreciation

Calculating even slowed scenario, India will most likely hit $6 trillions in 2025.
 
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In 4-5 years we will be at no 3,
It will take it's sweet time after that,
But we will reclaim our spot.
Since centuries we have dominated ,History is just correcting itself.
Islamic and British invasions plundered this land ,within just 70 odd years we have began to reclaim what is rightfully ours.
Their is a long way to go but we will reach their.
 
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Been there done that....any INR fluctuation can tumble down India behind France and UK, considering the minuscule difference between the three.

Has happened before...


Jan 20, 2019

India to overtake UK in IMF global economic rankings
Britain poised to drop to seventh in list of world’s largest economies

https://m.economictimes.com/news/ec...economy-rankings-pwc/articleshow/67609647.cms




Aug 2, 2019

India slips to 7th position in global GDP ranking

https://www.livemint.com/politics/policy/india-slips-to-7th-position-in-global-gdp-ranking-1564747117029.html
 
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Been there done that....any INR fluctuation can tumble down India behind France and UK, considering the minuscule difference between the three.

Has happened before...
British pound is running even weaker. Moreover, UK & France are stagnant economies. India is a growing one and its transitions are mostly permanent.

So, problem is only for one or two years when GDPs of India, UK and France are same. Once, India crosses $3.5 trillions, similar thing with Japan, Germany and India will also start.
 
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Advancement of living conditions of a country can be roughly measured using GDP per capita in PPP terms ( https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(PPP)_per_capita ) and also by looking at inequality adjusted HDI rankings ( https://en.wikipedia.org/wiki/List_of_countries_by_inequality-adjusted_HDI )

In the first list India ranks an abysmal 120, not even in top 100. Pakistan is worse at 132. Even china ranks a lowly 73.
In the 2nd list India is at a shitty 99, and again pakistan is doing worse at 120. And "futuristic" china is at 64.

All 3 countries have monumental tasks ahead; especially the case for pakistan and india.
Just imagine the amount of suffering the previous generations of chinese endured in almost police-state like conditions to reach its current position which is again nothing comparable to western countries.
 
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British pound is running even weaker. Moreover, UK & France are stagnant economies. India is a growing one and its transitions are mostly permanent.

So, problem is only for one or two years when GDPs of India, UK and France are same. Once, India crosses $3.5 trillions, similar thing with Japan, Germany and India will also start.


Western Europe is now one union as EU, so most likely India remains behind USA, China and EU...in times to come.

The eurozone, officially called the euro area, is a monetary union of 19 of the 27 European Union (EU) member states which have adopted the euro (€) as their common currency.
 
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Western Europe is now one union as EU, so most likely India remains behind USA, China and EU...in times to come.

The eurozone, officially called the euro area, is a monetary union of 19 of the 27 European Union (EU) member states which have adopted the euro (€) as their common currency.


PakBrother mine,

Numbers. Data. Beat them to make them become lap dancers... Reality and Claims...

2019:

The Combined GDP of EuropeanUnion was about $18+Trillion

The American GDP was $21+Trillion

The Chinese GDP $14+Trillion

The biggest chunk of global innovation, consumption and production is in the CombinedWest... this also includes Japan, SouthKorea, Australia, NewZealand, Canada and Mexico.

The 2019 CombinedWestern GDP is about $32+Trillion and it is going to remain so the Biggest Chuck of Global GDP this century.

At 5% GrowthRate China will be hitting $28+Trillion by 2030.

When you look at the policies, trade framework agreements and of course, military interventions... we see the CombinedWest ...acting to keep the GAP as it is..till at least the End of the 21st Century.

If anyone can challenge the Global Domminance in terms of share in Global GDP it is China!

When we look at the Net Innovation Output in % terms we find that the CombinedWest is leagues ahead in not only MaturityCurve but overall InnovationCreation Ecosystem... the structure of their economies is, infact, driven by Innovation...

The Rest is here to make T-shirts and cheaper consumer goods for Wall-Martz of this CombinedWest to make even more money...

Do you see the Cycle of CapitalRotation and Reinvestment in the CombinedWest?

From ChinaOpening for the CombinedWest... to present day ContainChina rage of AsiaPivot, the Concert of Democracies to IndoPacificOceanRegion.... all is just about not allowing an IndependentActor which can reshape the overall DominanceMatrix of GlobalGDP...

The post WW2 FianancialArchitecture is the product of Agreement of the FinancialElite of the CombinedWest. We can call it TheEmpire for sake of simplicity.

It was the Empire which decided that Petro-Dollar will be vehicle of Wealth/DollarRecycling of the GCC and that there wouldn't be much touted/shouted Dimmocrazy in that PetroSpace... a Win-Win for everyone.

It was the same Empire which asked/told the GCC to hire workforce from India to keep it afloat...

And it is the same Empire which told the Oh I See to not mention a word about IoJK... GCC is a Component of the CombinedWest. It is what it is. Lamenting about Ummah can only lead to headaches...

From Indian perspective it calculates that to be a Component of the CombinedWest is vital for its survival and economic development.. that is THE Reason we have seen too much Anti-China rhetoric from Indian Gov and IndianMedia...

However, there is also transactional nature of things if India wishes to be a Component of the CombinedWest. So, far it has tried and to a degree succeeded in reaping benefits but not doing much what is required of it to join the Club.

Example, glaring one, is Kablusitan. India repead so much benefits in the past two decades from the War in Kabulistan... it could deploy legions of proxies from there and caused us $200+Bln in economic loss and lives of 80+k Paks... Let us NEVER forget APS.

Equally, during this time India could grow economically as well... all those ShinnyIndia, IncredibleIndia adds... with full support of Intl. MarasiMedia ...but on ground it didn't send troops to Kabulistan or did any Concerting in the Concert of Democracies...or any tangible 'activisim' in the IndoPacificOeanRegion...

The point of bringing in all these elements is to demonstrate that the 'economy' or whatnotz don't happen in isolations...and there is very little room for an IndependentActor in the present GlobalFinancialArchitecture... we can safely ignore lofty/flowery statements from the CombinedWest regarding India.

How can the CombinedWest allow another StrategicHeadache when it can barely manage China?

Now that we have created the proper context let us visit the Indian Economy.

  1. How many Indian Universities are in top 100?
  2. What is the total number of patents by Indian is the past 30 years and what is the trend line?
  3. What is Net Contribution of Global Technical Knowledge Output by India in the past 30 years?
  4. What is the share of India in Global Industrial Output?
  5. What is the global share of India in Quality Infrastructure?
  6. What is the HDI of India compared to top 20 economies in the world?
  7. What is the per hectare yeild of India when compared to top 20 AgroProducers?
  8. What is the Net Output of India in DefenceTechnologies in Operations when compared to top 10 Defence Producing States?
  9. If per capita income of India is $3000 then why are there 100s of millions living in absolute poverty?
  10. What is the Quality of Life Qoutient of India when compared to top 30 countries in the world?

India needs to spend/invest about $3+Trillion at the minimum in its Infrastructure if it wishes to come anywhere near the middle income country. This it needs to do when it has done complete planning of all its major cities. And this it needs to do in next ten years..when its economy is forecasted to be around $7+Trillion.

As I said.. Data. Numbers. Data.. beat them up to do LapDance...not that difficult.

However, in absolute terms we have a growing imbalance with India ecomomically. Historically, IndianEconomy had been 3Times ours... and we need to restore this balance.

Not for ego or chest thumbing..but for our survival. It is that simple.

@ps3linux and I have had good discussions.. and there is so much structural reforms that we need to do to lay the foundations of sustainable growth over the next 30 years.

Our focus needs to be at the quick wins like AgroSector where we need at least per hectare yield of 3 times for what it is now... and then there is associated production of meat and milk that goes with it.

It is our good fortune that China needs to move up the ValueChain/Ladder and move towards more ValueAdded and Consumption based growth.

CPEC SEZs afford us this great oppotunity
..however, this depends much more on us than China as of now.

CPEC Phase2 IF executed with professional efficiency will lay the foundation of much needed Industrialisation in Pakistan.

Pakistan desparately needs Industrialism which is going to take us at least 30 years...

GoP clearly is benchmarking China ..and based on this we are at least 40 years behind China.

Just to give a Glaring Example of Khottaismo.. ML1 top speed is going to be 200+/-km/h? Whereas China has now world's biggest network of HSRs with continous improvment of technology.

Why cann't we think in terms of two decades? We are NOT going to have any HSR this decade...but from 2030s it will be different... so why not invest $1+Bln more on ML1 and lay the foundations of the future?

In the current form of Government in Pakistan we shall remain running left to right.. since, this makes Pak a SoftState...whereas for economic development a High Functioning State is needed.

China is one of the Highest Funcitoning States
...compared to China we are not even 10%.

In economy it is The Quality that matters!

SouthKorea being a 'small' economy compared to India has 100 times more Quality in its Economy than India can achieve by 2050.

Pakistan, if we work non stop till the mid century, can become a middle income country... which must be The Strategic Goal of Pakistan!

Mangus

@Slav Defence @WebMaster @Irfan Baloch @The Eagle @Dubious @Reddington @SIPRA @StormBreaker @Sine Nomine @Indus Pakistan @Signalian @PakSword @RescueRanger @Major Sam @Horus @Shotgunner51 @Juggernaut_is_here @jamahir
 
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No they are not. Historically yes in China etc. They are indication of extreme poverty. When a man is reduced to a beast. Nay his economic value is lower then even a donkey.
You mean like
an-elderly-pakistani-labourer-carries-soil-to-make-brick-at-a-factory-picture-id487577427
 
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top-ten-largest-economies.jpg


top-ten-largest-economies-map.jpg


It says seventh for India or I am missing something. Seen the world index report as well that placed India on 7th. Is it that India Today just exaggerated for no reason.
 

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PakBrother mine,

Numbers. Data. Beat them to make them become lap dancers... Reality and Claims...

2019:

The Combined GDP of EuropeanUnion was about $18+Trillion

The American GDP was $21+Trillion

The Chinese GDP $14+Trillion

The biggest chunk of global innovation, consumption and production is in the CombinedWest... this also includes Japan, SouthKorea, Australia, NewZealand, Canada and Mexico.

The 2019 CombinedWestern GDP is about $32+Trillion and it is going to remain so the Biggest Chuck of Global GDP this century.

At 5% GrowthRate China will be hitting $28+Trillion by 2030.

When you look at the policies, trade framework agreements and of course, military interventions... we see the CombinedWest ...acting to keep the GAP as it is..till at least the End of the 21st Century.

If anyone can challenge the Global Domminance in terms of share in Global GDP it is China!

When we look at the Net Innovation Output in % terms we find that the CombinedWest is leagues ahead in not only MaturityCurve but overall InnovationCreation Ecosystem... the structure of their economies is, infact, driven by Innovation...

The Rest is here to make T-shirts and cheaper consumer goods for Wall-Martz of this CombinedWest to make even more money...

Do you see the Cycle of CapitalRotation and Reinvestment in the CombinedWest?

From ChinaOpening for the CombinedWest... to present day ContainChina rage of AsiaPivot, the Concert of Democracies to IndoPacificOceanRegion.... all is just about not allowing an IndependentActor which can reshape the overall DominanceMatrix of GlobalGDP...

The post WW2 FianancialArchitecture is the product of Agreement of the FinancialElite of the CombinedWest. We can call it TheEmpire for sake of simplicity.

It was the Empire which decided that Petro-Dollar will be vehicle of Wealth/DollarRecycling of the GCC and that there wouldn't be much touted/shouted Dimmocrazy in that PetroSpace... a Win-Win for everyone.

It was the same Empire which asked/told the GCC to hire workforce from India to keep it afloat...

And it is the same Empire which told the Oh I See to not mention a word about IoJK... GCC is a Component of the CombinedWest. It is what it is. Lamenting about Ummah can only lead to headaches...

From Indian perspective it calculates that to be a Component of the CombinedWest is vital for its survival and economic development.. that is THE Reason we have seen too much Anti-China rhetoric from Indian Gov and IndianMedia...

However, there is also transactional nature of things if India wishes to be a Component of the CombinedWest. So, far it has tried and to a degree succeeded in reaping benefits but not doing much what is required of it to join the Club.

Example, glaring one, is Kablusitan. India repead so much benefits in the past two decades from the War in Kabulistan... it could deploy legions of proxies from there and caused us $200+Bln in economic loss and lives of 80+k Paks... Let us NEVER forget APS.

Equally, during this time India could grow economically as well... all those ShinnyIndia, IncredibleIndia adds... with full support of Intl. MarasiMedia ...but on ground it didn't send troops to Kabulistan or did any Concerting in the Concert of Democracies...or any tangible 'activisim' in the IndoPacificOeanRegion...

The point of bringing in all these elements is to demonstrate that the 'economy' or whatnotz don't happen in isolations...and there is very little room for an IndependentActor in the present GlobalFinancialArchitecture... we can safely ignore lofty/flowery statements from the CombinedWest regarding India.

How can the CombinedWest allow another StrategicHeadache when it can barely manage China?

Now that we have created the proper context let us visit the Indian Economy.

  1. How many Indian Universities are in top 100?
  2. What is the total number of patents by Indian is the past 30 years and what is the trend line?
  3. What is Net Contribution of Global Technical Knowledge Output by India in the past 30 years?
  4. What is the share of India in Global Industrial Output?
  5. What is the global share of India in Quality Infrastructure?
  6. What is the HDI of India compared to top 20 economies in the world?
  7. What is the per hectare yeild of India when compared to top 20 AgroProducers?
  8. What is the Net Output of India in DefenceTechnologies in Operations when compared to top 10 Defence Producing States?
  9. If per capita income of India is $3000 then why are there 100s of millions living in absolute poverty?
  10. What is the Quality of Life Qoutient of India when compared to top 30 countries in the world?

India needs to spend/invest about $3+Trillion at the minimum in its Infrastructure if it wishes to come anywhere near the middle income country. This it needs to do when it has done complete planning of all its major cities. And this it needs to do in next ten years..when its economy is forecasted to be around $7+Trillion.

As I said.. Data. Numbers. Data.. beat them up to do LapDance...not that difficult.

However, in absolute terms we have a growing imbalance with India ecomomically. Historically, IndianEconomy had been 3Times ours... and we need to restore this balance.

Not for ego or chest thumbing..but for our survival. It is that simple.

@ps3linux and I have had good discussions.. and there is so much structural reforms that we need to do to lay the foundations of sustainable growth over the next 30 years.

Our focus needs to be at the quick wins like AgroSector where we need at least per hectare yield of 3 times for what it is now... and then there is associated production of meat and milk that goes with it.

It is our good fortune that China needs to move up the ValueChain/Ladder and move towards more ValueAdded and Consumption based growth.

CPEC SEZs afford us this great oppotunity
..however, this depends much more on us than China as of now.

CPEC Phase2 IF executed with professional efficiency will lay the foundation of much needed Industrialisation in Pakistan.

Pakistan desparately needs Industrialism which is going to take us at least 30 years...

GoP clearly is benchmarking China ..and based on this we are at least 40 years behind China.

Just to give a Glaring Example of Khottaismo.. ML1 top speed is going to be 200+/-km/h? Whereas China has now world's biggest network of HSRs with continous improvment of technology.

Why cann't we think in terms of two decades? We are NOT going to have any HSR this decade...but from 2030s it will be different... so why not invest $1+Bln more on ML1 and lay the foundations of the future?

In the current form of Government in Pakistan we shall remain running left to right.. since, this makes Pak a SoftState...whereas for economic development a High Functioning State is needed.

China is one of the Highest Funcitoning States
...compared to China we are not even 10%.

In economy it is The Quality that matters!

SouthKorea being a 'small' economy compared to India has 100 times more Quality in its Economy than India can achieve by 2050.

Pakistan, if we work non stop till the mid century, can become a middle income country... which must be The Strategic Goal of Pakistan!

Mangus

@Slav Defence @WebMaster @Irfan Baloch @The Eagle @Dubious @Reddington @SIPRA @StormBreaker @Sine Nomine @Indus Pakistan @Signalian @PakSword @RescueRanger @Major Sam @Horus @Shotgunner51 @Juggernaut_is_here @jamahir


Perfect road map for the present and future, where the future is present. Pakistan need to move towards a knowledge based economy and that encompasses every sector, agri, agro based as well being the backbone of Pakistan.

You can't be a more prolific writer and thinker than this...this is a class act what you have written, congrats!!!...
 
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That's a very indigenously built local designed wheel barrow...and even an old man can use it.

That old man should have retired long ago. And the wooden wheel over rough ground is transferring every bump to his shoulders.
 
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