Omar1984
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These days political and diplomatic tension between Pakistan and India is at its peak and the clouds of war are hovering over the two arch rival countries.
India has held Pakistan responsible for Mumbai bloodshed without giving solid proofs to Pakistan government and mounting maximum pressure to achieve the vested interests and to win the sympathy of Indians. India is not interested in considering Pakistans proposal of joint investigation of the incidents because it would expose the hollow claims of Indian policy-makers.
Now we discuss here as to who would be the major loser in case India imposes war on Pakistan. Pakistan is famous world over as a beggar country that gets three to five billion dollars every year from major donor agencies and the countries, to meet balance of payment obligations and other purposes. At present the stock market and the overall business activities are at the lowest ebb because of domestic political rifts, bomb blasts and depression of global financial crisis and economic slowdown.
The size of Pakistans GDP is around 146 billion US dollars while the Indian GDP is around one trillion US dollars, 8.5 times larger than Pakistan.
The market capitalisation of Karachi Stock Exchange these days has fallen to about 30 billion dollars (from a peak of over 70 billion US dollars in April 2007) while Indian stock markets capitalisation is over 940 billion US dollars.
In FY08/09 Pakistan has projected US$6 billion foreign investment while India has set the target of attracting US$35 billion foreign investment.
In last financial year foreign trade of Pakistan mounted to 60 billion dollars (US$ billion 20 exports & US$40 billion imports) while foreign trade of India expanded to 406 billion dollars (US$158 billion exports & US$248 billion imports). Pakistans foreign exchange reserves are close to 10 billion dollars and Indian reserves stand near 246 billion dollars.
Like big difference in the economy of the two countries, there is also a wide gap in the size of population in Pakistan and India.
Population in Pakistan is about 160 million while India hosts over one billion people. As India is much larger than Pakistan in size, economy, population and wealth, it is understood that the Indians will suffer greater losses in case of war with Pakistan.
For example, if a missile or bomb kills 10 people in Pakistan, the matching retaliation would lead to 100 or more killings in India in one incident because of the bigger size of the population.
Similarly, if Pakistan suffers 1000 dollars worth loss or more in one incident of war, India would lose more than 10,000 dollars, perhaps more than it. As Pakistan is also a nuclear power, India must not under-estimate the defence deterrence and capability of this country. Political and defence analysts say that war between Pakistan and India could shatter the Indian dream of becoming regional economic and superpower in future. Even Indians too have sounded this feeling and they have asked their government to use the tactic of pressure, instead of direct war.
Analysts also say that at this time war would benefit Pakistan as the government could pullout all its forces pitched against local militants and the armed forces and militants can struggle jointly for the survival of the country and to teach a lesson to the arch rival neighbouring country. Pakistan is a renowned beggar country and the beggars lose nothing in war.
Because like past Pakistan would continue to receive 4-5 billion dollars annual assistance from the international donor agencies and countries in future. But the misadventure of a full-scale war (that can ultimately convert into nuclear war) could turn India into a beggar country too.
New war could also throw India into the club of high-risk countries, leading to an unbelievable loss to her economy, foreign investment, multi-national companies, mega companies and capital markets.
Instead of blaming Pakistan, India should give attention to her own diehard extremists, separatists and those who killed Indian ATS Chief Karkare during Mumbai carnage, the man who expose the involvement of Indian Colonel in the Samjhota Express carnage.
India should also weed out black sheep in her Armed Forces because the involvement of Indian Army Colonel in the Samjhota Express case has not only exposed the Indian army but defamed it at all forums.
India has held Pakistan responsible for Mumbai bloodshed without giving solid proofs to Pakistan government and mounting maximum pressure to achieve the vested interests and to win the sympathy of Indians. India is not interested in considering Pakistans proposal of joint investigation of the incidents because it would expose the hollow claims of Indian policy-makers.
Now we discuss here as to who would be the major loser in case India imposes war on Pakistan. Pakistan is famous world over as a beggar country that gets three to five billion dollars every year from major donor agencies and the countries, to meet balance of payment obligations and other purposes. At present the stock market and the overall business activities are at the lowest ebb because of domestic political rifts, bomb blasts and depression of global financial crisis and economic slowdown.
The size of Pakistans GDP is around 146 billion US dollars while the Indian GDP is around one trillion US dollars, 8.5 times larger than Pakistan.
The market capitalisation of Karachi Stock Exchange these days has fallen to about 30 billion dollars (from a peak of over 70 billion US dollars in April 2007) while Indian stock markets capitalisation is over 940 billion US dollars.
In FY08/09 Pakistan has projected US$6 billion foreign investment while India has set the target of attracting US$35 billion foreign investment.
In last financial year foreign trade of Pakistan mounted to 60 billion dollars (US$ billion 20 exports & US$40 billion imports) while foreign trade of India expanded to 406 billion dollars (US$158 billion exports & US$248 billion imports). Pakistans foreign exchange reserves are close to 10 billion dollars and Indian reserves stand near 246 billion dollars.
Like big difference in the economy of the two countries, there is also a wide gap in the size of population in Pakistan and India.
Population in Pakistan is about 160 million while India hosts over one billion people. As India is much larger than Pakistan in size, economy, population and wealth, it is understood that the Indians will suffer greater losses in case of war with Pakistan.
For example, if a missile or bomb kills 10 people in Pakistan, the matching retaliation would lead to 100 or more killings in India in one incident because of the bigger size of the population.
Similarly, if Pakistan suffers 1000 dollars worth loss or more in one incident of war, India would lose more than 10,000 dollars, perhaps more than it. As Pakistan is also a nuclear power, India must not under-estimate the defence deterrence and capability of this country. Political and defence analysts say that war between Pakistan and India could shatter the Indian dream of becoming regional economic and superpower in future. Even Indians too have sounded this feeling and they have asked their government to use the tactic of pressure, instead of direct war.
Analysts also say that at this time war would benefit Pakistan as the government could pullout all its forces pitched against local militants and the armed forces and militants can struggle jointly for the survival of the country and to teach a lesson to the arch rival neighbouring country. Pakistan is a renowned beggar country and the beggars lose nothing in war.
Because like past Pakistan would continue to receive 4-5 billion dollars annual assistance from the international donor agencies and countries in future. But the misadventure of a full-scale war (that can ultimately convert into nuclear war) could turn India into a beggar country too.
New war could also throw India into the club of high-risk countries, leading to an unbelievable loss to her economy, foreign investment, multi-national companies, mega companies and capital markets.
Instead of blaming Pakistan, India should give attention to her own diehard extremists, separatists and those who killed Indian ATS Chief Karkare during Mumbai carnage, the man who expose the involvement of Indian Colonel in the Samjhota Express carnage.
India should also weed out black sheep in her Armed Forces because the involvement of Indian Army Colonel in the Samjhota Express case has not only exposed the Indian army but defamed it at all forums.
