Pakistan’s GDP to expand by 4.5pc: ADB

[Nilgiri]

*Better and sincere govt
*Halt in terrorism
*Energy supply+FDI

You forgot improving education and human capital skills. That is the key fundamental requirement above all else. If you have just what you are saying you are not going to reach even 7% (real) growth.

Take a look at the situation as it exists now:

Pakistan, ISI "biggest threat" to India & Bangladesh : Bangladesh diplomat | Page 6

It makes for a somber scenario.

 

[farhan_9909]

"lead" in what way?

In almost everything.Infact if we stretch the History of Pakistan region than it was one of the most successful region in the world.This is the reason i tell kids to read history,read history of your ancestors.

Pakistan will lead this region in almost everything be it economy,military,technology etc.For more detail please read the history of Pakistan

History of Pakistan - Wikipedia, the free encyclopedia

Well ofcourse pakistan today is not what it was in the past but what is the importance of let say present day Pakistan with respect to its 8000 years old history?500 years from now,people will remember Pakistan with its 8500 years old history not the present few decades or century.

You forgot improving education and human capital skills. That is the key fundamental requirement above all else. If you have just what you are saying you are not going to reach even 7% (real) growth.

Take a look at the situation as it exists now:

Pakistan, ISI "biggest threat" to India & Bangladesh : Bangladesh diplomat | Page 6

It makes for a somber scenario.

The numbers for Pakistan are not entirely true because they are not updated.this 55-58% number is circulated in internet when i was in school and back than i remember india's literacy was also quoted in late 60's.

census is due next year,so we will get the real number in the next 6 months

 

[Nilgiri]

The numbers for Pakistan are not entirely true because they are not updated.this 55-58% number is circulated in internet when i was in school and back than i remember india's literacy was also quoted in late 60's.

census is due next year,so we will get the real number in the next 6 months

As recent as 2013-2014, the figure was showing a drop:

2013-14 report: Literacy rate slips nationwide by 2% - The Express Tribune

But yes lets wait for the census, hopefully there is an improvement this time.

 

[farhan_9909]

As recent as 2013-2014, the figure was showing a drop:

2013-14 report: Literacy rate slips nationwide by 2% - The Express Tribune

But yes lets wait for the census, hopefully there is an improvement this time.

Again not official.They are using the same old data with some changes.It is not possible that since 2009,Pakistan literacy has not improved.

 

[Nilgiri]

Again not official.They are using the same old data with some changes.It is not possible that since 2009,Pakistan literacy has not improved.

Shows the results of Pakistan Social and Living Standards Measurement Survey (PSLM). Pakistan Bureau of Statistics (PBS) carried out the survey from August 2013 to June 2014.

 

[KediKesenFare3]

Slow but sustained positive development since 2002. Pakistan's potential is gigantic. The country could become a G20 member in the future.

 

[Nilgiri]

Slow but sustained positive development since 2002. Pakistan's potential is gigantic. The country could become a G20 member in the future.

Yes the potential was always there (given size of Pakistan population), but when you consider overall world growth and local price levels...they have stayed relatively stagnant:

 

[xyxmt]

fir to dollar nali me bahenge !

that is the problem, dollars nali me hi beh rehi hain.

 

[AyanRay]

People talk about 10% and 11% growth rate as if its piece of cake. To achieve 10% growth rate, a nation must invest atleast 50% of its GDP. China invested 60%. Now, Pakistan's investment rate is just 12%., so to achieve 10% growth rate, every Pakistani including the Govt, which is the largest spender in Pakistan, has to save 4 times the amount they are saving now, at the present level of income. So, would like to learn from Pakistani members how are they plan to do that.

P.S Pakistani govt runs a massive fiscal defecit, so one cannot expect more investments from them.

 

[TopCat]

10%? How do you think you can get a growth rate of 10%?

Just use Modi magic in calculating new GDP method.

People talk about 10% and 11% growth rate as if its piece of cake. To achieve 10% growth rate, a nation must invest atleast 50% of its GDP. China invested 60%. Now, Pakistan's investment rate is just 12%., so to achieve 10% growth rate, every Pakistani including the Govt, which is the largest spender in Pakistan, has to save 4 times the amount they are saving now, at the present level of income. So, would like to learn from Pakistani members how are they plan to do that.

P.S Pakistani govt runs a massive fiscal defecit, so one cannot expect more investments from them.

You can do that only by huge borrowing from WB and other lending agencies, selling bonds, FDI. For shorter term at least. In longer term to become bankrupt.

 

[Nilgiri]

Just use Modi magic in calculating new GDP method.

Its IMF SNA 2008. But what would a lungi swamp hut dweller know.

SDDS - DQAF View : India - National accounts

 

[TopCat]

Its IMF SNA 2008. But what would a lungi swamp hut dweller know.

SDDS - DQAF View : India - National accounts

Growth rate above 7% yet SBI aggressively lowers rates, low job growth, negative industrial growth rate, increased unsold inventory. Yes tell me more about it.. the jungle tribe.

 

[Nilgiri]

yet SBI aggressively lowers rates,

"aggressively"? "SBI"? Don't you mean RBI? Aggressive rate cutting would be massive percentage point cuts/halving etc..nothing of that sort has happened. R. Rajan is a well disciplines and educated professional....not some corrupt bank crook that is the usual fare in your country.

Plenty of countries lower interest rates when they have been kept high to curb inflation in a knee jerk way (to forcefully reduce demand side instead of addressing supply side issues). But now with interest rates being lowered in a planned, organised way and no increase in inflaiton, we can see that the supply side is indeed improving and creating "slack" again that can be tightened.

But none of this will make sense to an economics illiterate lungi, so whats the point.

low job growth

You can thank the previous administration's reckless undisciplined and unbalanced fiscal spending for that....and the massive private sector credit crunch they created by allowing the inflation of top heavy sectors for many years without improving the fundamental core economy.

However things are changing now and will change even more in the months and years to come:

http://www.manpowergroup.com/wps/wc...&CACHEID=cb1db9c4-2dfe-4656-8e4e-38f1e3770546

negative industrial growth rate

Come again?

There's been more than 9% y.o.y growth in manufacturing alone in the most recent quarter.

increased unsold inventory

And no figures from you to back it up. You talk as though you have analysed the entire Indian economy....when you have simply read an article on some blog and extrapolated it to the whole 2.3+ trillion dollar economy.

Maybe you can do that with Bangladesh where a handful of industries make up the whole economy. India is in another league altogether. We add an entire Bangladesh GDP every year....and will soon be adding an entire Pakistan each year....and thats just in nominal terms.

Yes tell me more about it.. the jungle tribe.

No need for us to waste time on people from countries that have smaller GDPs than some of our states. You can access the figures from IMF and World Bank (which have vetted and approved India's adoption of SNA 2008) and take your butthurt up with them.....butthurt that everyone in the world just laughs when Bangladesh and economy are put in the same sentence without the qualifiers of basketcase or banana republic.

 

[TopCat]

"aggressively"? "SBI"? Don't you mean RBI? Aggressive rate cutting would be massive percentage point cuts/halving etc..nothing of that sort has happened. R. Rajan is a well disciplines and educated professional....not some corrupt bank crook that is the usual fare in your country.

Plenty of countries lower interest rates when they have been kept high to curb inflation in a knee jerk way (to forcefully reduce demand side instead of addressing supply side issues). But now with interest rates being lowered in a planned, organised way and no increase in inflaiton, we can see that the supply side is indeed improving and creating "slack" again that can be tightened.

But none of this will make sense to an economics illiterate lungi, so whats the point.



You can thank the previous administration's reckless undisciplined and unbalanced fiscal spending for that....and the massive private sector credit crunch they created by allowing the inflation of top heavy sectors for many years without improving the fundamental core economy.

However things are changing now and will change even more in the months and years to come:

http://www.manpowergroup.com/wps/wc...&CACHEID=cb1db9c4-2dfe-4656-8e4e-38f1e3770546



Come again?

There's been more than 9% y.o.y growth in manufacturing alone in the most recent quarter.



And no figures from you to back it up. You talk as though you have analysed the entire Indian economy....when you have simply read an article on some blog and extrapolated it to the whole 2.3+ trillion dollar economy.

Maybe you can do that with Bangladesh where a handful of industries make up the whole economy. India is in another league altogether. We add an entire Bangladesh GDP every year....and will soon be adding an entire Pakistan each year....and thats just in nominal terms.



No need for us to waste time on people from countries that have smaller GDPs than some of our states. You can access the figures from IMF and World Bank (which have vetted and approved India's adoption of SNA 2008) and take your butthurt up with them.....butthurt that everyone in the world just laughs when Bangladesh and economy are put in the same sentence without the qualifiers of basketcase or banana republic.

Answers it all ..

Eleven reasons why India's 7.4% GDP growth is simply not believable - Firstpost


BD a banana republic which could make all its citizen to wear clothes and use a latrine. The superpower next door still does not know how to wear a sandle and 70% of its citizen poo by the road side. Now figure...

 

[Nilgiri]

Answers it all ..

Eleven reasons why India's 7.4% GDP growth is simply not believable - Firstpost


BD a banana republic which could make all its citizen to wear clothes and use a latrine. The superpower next door still does not know how to wear a sandle and 70% of its citizen poo by the road side. Now figure...

Who is Vivek Kaul?

Certainly not the IMF or WB....or even an economist. A cherry picking dumbass that idiots seem to relish in posting.

I wont bother dissecting his article again since its already been done and like the typical rice-eating lazy lungi...you are a day late and dollar short:

Latest Indian GDP data is FAKE. Heres why

Bangladesh is a filthy flood-ridden swamp....you expect anyone to take anything you say seriously? More than 1100 people in every square kilometre, even if only 10% (and its much more in reality) of your people poop outside, they would be doing so on someone else's feet. But being a Bangladeshi, no one would even notice I bet....since everything is under water and swampy to begin with.

Its why Bangladesh should send more pole vaulters to olympics....surely you can win your first olympic medal that way....since its your defacto national sport.