Pakistan's GDP growth rate is even higher than China -Harvard Study

[Tom99]

this doesn't make sense "GDP growth rate is higher" China GDP is 50 times higher than Pakistan.

As you have quoted, it is rate of grow and not absolute growth.

you would need an annual growth rate of 100% to even come close to China.

You don't need to look at this prediction with a mindset of Pakistan vs China. If this prediction comes true, or even somewhat true, then it will be good for Pakistan. China will be happy with a more developed and modern Pakistan as a neighbor and friend.

 

[C130]

As you have quoted, it is rate of grow and not absolute growth.



You don't need to look at this prediction with a mindset of Pakistan vs China. If this prediction comes true, or even somewhat true, then it will be good for Pakistan. China will be happy with a more developed and modern Pakistan as a neighbor and friend.

it's all meaningless as you hit a brick wall as your economy get's bigger and bigger. next decade or two China will be growing at 2-3% and Pakistan will eventually hit that wall as wall, but Pakistan will never pass China.

 

[Tom99]

it's all meaningless as you hit a brick wall as your economy get's bigger and bigger. next decade or two China will be growing at 2-3% and Pakistan will eventually hit that wall as wall, but Pakistan will never pass China.

Most of the developed countries(like Australia, UK, USA, France, Germany, South Korea,..etc) and many developing countries(Mexico, Hungary, Chile, Portugal..etc) are only growing at 2-3%, and that is not meaningless to these countries and their people. China is one of the biggest economy in the world right now, and it might become the biggest economy in the world in the near future, so not many countries, Pakistan included, will 'pass China' economically. However, that doesn't mean Pakistanis should feel bad, disappointed or meaningless about their current(~4.7%) and future(~6%) economic growth. Instead, the Pakistanis should feel good and hopeful as their economy is growing and accelerating.

 

[Baby Leone]

it's all meaningless as you hit a brick wall as your economy get's bigger and bigger. next decade or two China will be growing at 2-3% and Pakistan will eventually hit that wall as wall, but Pakistan will never pass China.

try to comprehend the topic first as its not about passing china in economy its just about GDP growth.:/

 

[GeraltofRivia]

As we know, there is a small gap between Pakistan and China in term of GDP per capita at the moment. it would be great and obviously necessary for Pakistan to grow in a much faster rate than China in order to catch up and achieve industrialization. naturally this is what CPEC tries to deliver. It will not be entirely surprising if Pakistan grows at 6-10% or even more in the near future when all the necessary infrastructure and capital are put in place.

Naturally China will still be growing at a respectable rate in the foreseeable future, but the key focus will be around upgrading industry. we should be mindful that much still needs to done as both Pakistan and China are still at a relatively low base at the moment.

 

[JohnyD]

this doesn't make sense "GDP growth rate is higher" China GDP is 50 times higher than Pakistan. you would need an annual growth rate of 100% to even come close to China.

what are you saying? GDP Growth Rate and GDP are two different things..this article is about GDP Growth Rate..confused??

 

[Stealth_Strike]

Great to know, India and Pakistan should start competing in GDP and Growth, when ever Ind Vs Pak compete in any field it brings out the best in both sides ....and this is good for both countries...
doesn't matter how ... both countries should become developed .... if one country is developed and the other is not then there is a chance of war ....

 

[C130]

what are you saying? GDP Growth Rate and GDP are two different things..this article is about GDP Growth Rate..confused??

just saying China is at such a large number and Pakistan is such a low number that a few percentage difference in GDP growth is negligible.

you could say Iraq GDP growth is higher than China, but does that really even matter?? considering the gulf between their current GDP.