Goldman Sachs report on “BRIC” and “Next 11″ projects that India will be the fourth largest economy in the world by 2025. Goldman also forecasts Pakistan’s rank moving up from the 26th largest now to the 18th largest economy in the world by 2025. If the...
1. Per capita incomes in both nations have more than doubled in the last ten years, in spite of significant increases in population. The most recent and detailed real per capita income data was calculated and reported by Asian Development Bank based on a detailed study of a list of around 800...
The banking sectors in both nations have seen major improvements in delivery of new services. India and Pakistan have ranked 31 and 34 respectively, out of 52 countries in the World Economic Forum's first Financial Development Report. Both nations are ranked ahead of the Russian Federation (35)...
Both countries continue to run large budget deficits. India's fiscal deficit for 2008-2009 stood at 6.5 percent of gdp and it is rising, according to Bloomberg. Pakistan has said its fiscal deficit will widen to as much as 4.9% of gross domestic product in 2009-2010, according to the Wall...
Learn to appreciate the reality. You cannot grow untill you learn to accept your weaknesses. And i am sorry if i have hurted your national pride in any way... IT WAS PURELY UNINTENTIONAL. :cheers:
By the way read Freakonomics by Steven Levitt and Stephen J. Dubner, they will clear up some of the delusions we normally hold. And secondly compare figures with independent sources such as World Bank, IMF, CIA, ROBO Bank etc. all the data provided by state banks is molded pose a rosy picture...
Son I cannot shelter anyone from the harsh realities of the world;
If I mind people telling me that there are terrorist camps in Pakistan i am mad because there are!!!
If Americans and Russians mind people telling them that they have brought the world to brink of destruction.... they are mad...
I really admire the economic growth of India. And solely on humanitarian ground. The country is home to the biggest democracy and the biggest poverty in the world. Hundreds of millions of people can't find enough to eat and cloth...let alone the luxuries of health and education. And unless india...
Here goes your recent problems:
Problems Facing Indian Economy
1. Inflation.
Fuelled by rising wages, property prices and food prices inflation in India is an increasing problem. Inflation is currently between 6-7%. A record 98% of Indian firms report operating close to full capacity...
Here how your social system is getting its pounding:
Social Inequality Threatening India's Economic Stability
BY FC Expert Blogger Anupam MukerjiTue Dec 26, 2006
This blog is written by a member of our expert blogging community and expresses that expert's views alone.
Can a country where a...
This is for your external and internal trade imbalances:
India's economy is mostly dependent on its large internal market with external trade accounting for just 20% of the country's GDP. In 2008, India accounted for 1.45% of global merchandise trade and 2.8% of global commercial services...
This is for your infrastructure problems:
Roads are the lifelines of an economy. The Rakesh Mohan Committee on Infrastructure highlighted several facts and issues. The public sector outlay for road development in the First Plan was 6.7 percent. It dropped down to a mere 3 percent in the Eighth...
Lolzzzzzzzz I go and Teach what you call Economics of Development in LSE {read my intro}....... Let me educate YOU on this on dear.[Need Links????}
And try to get the sense of the message... what call center meant in the senario.... but again who am I talking to... It meant all the FDI...