Pakistan has the worst economy in Asia-Pacific region: Report

[A.Rafay]

LONDON: The 2012 Legatum Prosperity Index, which ranks 142 countries on global prosperity based on both material wealth and personal well-being, has ranked Pakistan 132 on their list.
Pakistan ranks higher than Afghanistan, which came in at 140.
The US, now ranked at 12, fell out of the top ten for the first time, due primarily to an economic decline. Norway topped the rankings.
The data has been calculated by implementing 89 different variables, which are spread across eight sub-indexes: economy, entrepreneurship and opportunity, governance, education, health, safety and security, personal freedom and social capital . These variables measure economic growth and well-being to determine the final Prosperity Index scores.
Key findings of the study show that global prosperity is increasing, but safety and security are decreasing, driven mostly by the Arab Spring in Middle Eastern countries such as Tunisia, Egypt in addition to Yemen. The data also reveals that six of the top 15 economies in the world are located in Asia.
The index highlighted that the system of government is a major factor in prosperity, with 27 of the top 30 countries on the list being democratic nations.
India, placed 101 on the Index, experienced a decline in prosperity because of a decrease in its score on the governance sub-index. Indian regions of Gujarat and Uttarakhand scored high on the social capital sub-index, having ranks equivalent to Germany and Belgium, respectively.
Pakistan ranked last on the economy sub-index in the Asia-Pacific region, experiencing the largest drop in the region. In the sub-indexes of safety and security and social capital, Pakistan ranked in the bottom ten worldwide.
Afghanistan ranked in the bottom ten on the Prosperity Index in the categories of Governance, Personal Freedom, Safety & Security and Education.

Pakistan has the worst economy in Asia-Pacific region: Report – The Express Tribune

 

[VCheng]

Here is the link to the full report:

The 2012 Legatum Prosperity Index

 

[darkinsky]

when ever pakistan towed american line, it suffered the worst of every thing

but from 90s to 2000 pakistan was much better and it was the time when it suffered american sanctions and all

 

[hawx]

Indian regions of Gujarat and Uttarakhand scored high on the social capital sub-index, having ranks equivalent to Germany and Belgium, respectively.

^^^^ Lets all bow before the New Iron man of Gujarat who sees nothing but development.

 

[A.Rafay]

when ever pakistan towed american line, it suffered the worst of every thing

but from 90s to 2000 pakistan was much better and it was the time when it suffered american sanctions and all

Sanctions bring prosperity look at Iran they are making everything on their own, when they have sanctions their Ministries and institutions public and private realize the situation and no corruption or mismanagement happens they become sincere. Local industries flourish And reliance on foreign goods and aid Decreases, They say sanction lay their effects on Import and exports and trade but its not the case they remain same.

 

[darkinsky]

Sanctions bring prosperity look at Iran they are making everything on their own, when they have sanctions their Ministries and institutions public and private realize the situation and no corruption or mismanagement happens they become sincere. Local industries flourish And reliance on foreign goods and aid Decreases, They say sanction lay their effects on Import and exports and trade but its not the case they remain same.

still not like iran, pakistan got into with china, all those alkhalids, JF-17 were the product of the sanctions, JF17 had never been born into reality if america had been providing us in the 90s i bet

 

[A.Rafay]

still not like iran, pakistan got into with china, all those alkhalids, JF-17 were the product of the sanctions, JF17 had never been born into reality if america had been providing us in the 90s i bet

You are right we prospered when under sanctions, i mean we dont want sanctions at present day but out of this american WOT AND aid and our corrupt politicians being their puppets!

 

[RiazHaq]

I don't put much credence in indices and rankings like Legatum simply because it ignores basic measures like per capita income, life expectancy, size of middle class, upward mobility, level of urbanization, educational achievement, per capita consumption of energy, cement, food, retail sales, etc. that say far more about a nation's economy than Legatum's subjective criteria.

A much better measure can be found in Hans Rosling's compilation of a bunch of economic and social indicators at gapminder.org

Gapminder: Unveiling the beauty of statistics for a fact based world view. - Gapminder.org

The Gapminder animations of health and wealth idicators show that life expectancy in Pakistan has jumped from 32 years in 1947 to 67 years in 2009, and per Capita inflation-adjusted PPP income has risen from $766 in 1948 to $2603 in 2009.

Haq's Musings: Pakistan's Story After 64 Years of Independence

Haq's Musings: Upwardly Mobile Pakistan on 66th Independence Day

 

[karan21]

Hate when people compare India with Pak, especially people like riazhaq lol. He comes in with same facts and figures like povery, hunger

Pakistan is a country that has 0 infra. No metros, monorails, expressways, only 6000km of crap highways. You service sector is tiny while India exports more than 100 bill( more than entire Pak's trade with world ). We manufacture over 20 million vehicles in a year. With 6 million being cars, will be 3rd largest by 2015. Pakistanis love imported cars .

We produce our own power equipment including super critical broilers, nuclear plants, while Pakistan needs everything imported. Can't manufacture even pvc cables.

Now Indian new electronics policy is approves which just like auto sector will make India a manufacturing zone for electronics.

We are capable of undertaking some of the world most complex civil engineering projects, airports and rails. Lucknow airport looks better and is bigger than the under cons Lahore airport a fact.

Out electricity production is over 12 times Pak. Another 80000MW is under cons as we are talking here.

What are we comparing here?? India has already gone ahead in some fields like space launches, services, defence equipment, manufacturing where we are now competing with the world while Pakistan is yet to begin or is noobie. No wonder they are world's worst economy.

Riaq haq saab if you Pakistan was so rich and consuming why companies don't line up in Pak while do that in India in every sector.

 

[SamranAli]

problem is US filling our corrupt politicians pockets.

 

[farhan_9909]

Hate when people compare India with Pak, especially people like riazhaq lol. He comes in with same facts and figures like povery, hunger

Comparing Pakistan with india is like comparing Uganda with Pakistan..ooooops
Source TOI=8 states poors outclass whole african countries poors combined

Pakistan is a country that has 0 infra. No metros, monorails, expressways, only 6000km of crap highways. You service sector is tiny while India exports more than 100 bill( more than entire Pak's trade with world ). We manufacture over 20 million vehicles in a year. With 6 million being cars, will be 3rd largest by 2015. Pakistanis love imported cars .

No infra?really?care to show me indian infra?

and care to read about adam motors as well.beside this Saigul group is about to buy the plant again and run it again
confirms that we have the capability.bt lack of govt support to people like feroz khan has turned the company down

We produce our own power equipment including super critical broilers, nuclear plants, while Pakistan needs everything imported. Can't manufacture even pvc cables.

we do aswell.Google HMC,
Khushab nuclear plant is a indigenous try
read about Nuclear power fuel complex Islamabad.and

PARR II(moret han 40 years before we made our first nuclear reactor without any help.
Now Indian new electronics policy is approves which just like auto sector will make India a manufacturing zone for electronics.

We are capable of undertaking some of the world most complex civil engineering projects, airports and rails. Lucknow airport looks better and is bigger than the under cons Lahore airport a fact.

pakistan does has some great manufacturing companies.and they are doing some great projects

Out electricity production is over 12 times Pak. Another 80000MW is under cons as we are talking here.

hit by corruoption

What are we comparing here?? India has already gone ahead in some fields like space launches, services, defence equipment, manufacturing where we are now competing with the world while Pakistan is yet to begin or is noobie. No wonder they are world's worst economy.

Riaq haq saab if you Pakistan was so rich and consuming why companies don't line up in Pak while do that in India in every sector.

Sir ji

you should understand this pak has always enjoyed better living standard than indian even can now imagine of.

our per capita was twice of yours some 30 years back
and had enjoyed a greater per capita than india for more than 50 years

so it is up and down time.
sometime you ahead and sometime we

 

[airmarshal]

Hate when people compare India with Pak, especially people like riazhaq lol. He comes in with same facts and figures like povery, hunger

Pakistan is a country that has 0 infra. No metros, monorails, expressways, only 6000km of crap highways. You service sector is tiny while India exports more than 100 bill( more than entire Pak's trade with world ). We manufacture over 20 million vehicles in a year. With 6 million being cars, will be 3rd largest by 2015. Pakistanis love imported cars .

We produce our own power equipment including super critical broilers, nuclear plants, while Pakistan needs everything imported. Can't manufacture even pvc cables.

Now Indian new electronics policy is approves which just like auto sector will make India a manufacturing zone for electronics.

We are capable of undertaking some of the world most complex civil engineering projects, airports and rails. Lucknow airport looks better and is bigger than the under cons Lahore airport a fact.

Out electricity production is over 12 times Pak. Another 80000MW is under cons as we are talking here.

What are we comparing here?? India has already gone ahead in some fields like space launches, services, defence equipment, manufacturing where we are now competing with the world while Pakistan is yet to begin or is noobie. No wonder they are world's worst economy.

Riaq haq saab if you Pakistan was so rich and consuming why companies don't line up in Pak while do that in India in every sector.

What a stupid post. And no wonder it comes from an Indian who is not just ignorant but also arrogant. You talk as if you have been to Pakistan! Have you seen our highways and airports? It seems like your only experince of Pakistan is NY Times articles in past decade.

 

[batmannow]

when ever pakistan towed american line, it suffered the worst of every thing

but from 90s to 2000 pakistan was much better and it was the time when it suffered american sanctions and all

ohh you mean, karz uttaro mulk sanwaroo! was the best time?

 

[batmannow]

I don't put much credence in indices and rankings like Legatum simply because it ignores basic measures like per capita income, life expectancy, size of middle class, upward mobility, level of urbanization, educational achievement, per capita consumption of energy, cement, food, retail sales, etc. that say far more about a nation's economy than Legatum's subjective criteria.

A much better measure can be found in Hans Rosling's compilation of a bunch of economic and social indicators at gapminder.org

Gapminder: Unveiling the beauty of statistics for a fact based world view. - Gapminder.org

The Gapminder animations of health and wealth idicators show that life expectancy in Pakistan has jumped from 32 years in 1947 to 67 years in 2009, and per Capita inflation-adjusted PPP income has risen from $766 in 1948 to $2603 in 2009.

Haq's Musings: Pakistan's Story After 64 Years of Independence

Haq's Musings: Upwardly Mobile Pakistan on 66th Independence Day

can you kindly bring some of financial calculations from the times of great musharaf! plz

 

[darkinsky]

Hate when people compare India with Pak, especially people like riazhaq lol. He comes in with same facts and figures like povery, hunger

Pakistan is a country that has 0 infra. No metros, monorails, expressways, only 6000km of crap highways. You service sector is tiny while India exports more than 100 bill( more than entire Pak's trade with world ). We manufacture over 20 million vehicles in a year. With 6 million being cars, will be 3rd largest by 2015. Pakistanis love imported cars .

We produce our own power equipment including super critical broilers, nuclear plants, while Pakistan needs everything imported. Can't manufacture even pvc cables.

Now Indian new electronics policy is approves which just like auto sector will make India a manufacturing zone for electronics.

We are capable of undertaking some of the world most complex civil engineering projects, airports and rails. Lucknow airport looks better and is bigger than the under cons Lahore airport a fact.

Out electricity production is over 12 times Pak. Another 80000MW is under cons as we are talking here.

What are we comparing here?? India has already gone ahead in some fields like space launches, services, defence equipment, manufacturing where we are now competing with the world while Pakistan is yet to begin or is noobie. No wonder they are world's worst economy.

Riaq haq saab if you Pakistan was so rich and consuming why companies don't line up in Pak while do that in India in every sector.

then why the hell do you take aids from UK

you are already shupar pawar