I agree with you regarding PPP. It would make more sense if each country were in its own silo. In such a scenario, PPP can be used as a basis for comparison but when it comes to external trade and FDI, it's the US dollar which matters.
Also, you are comparing india and China as of today which...
China has one ace up its sleeve and that is its huge foreign currency reserves. That's why they are investing money in any country they can find an opportunity. The hope is that these investments will balance the slowdown at home. I don't think there would be a hard landing, just a slowdown. But...
The figure below shows the GDP of India (in orange) and China (green). China's GDP is roughly $10 trillion and India's is $2 trillion. The first figure in the graph shows the current GDP. But an interesting thing happens if the scale is shifted by 10 years which is shown in the second figure...
Just yesterday Pakistan was the best country for infrastructure development and today's it's unsafe. Or are they saying that people doing the investment here do not have to visit personally and that they can just wire-transfer the money :-)
True. I'll post comparison with China also. This post was used more as a means to learn matplotlib plotting :-)
Also, there is no self-glory here as Pakistan is actually better in many areas on a per-capita basis.
Being a Machine Learning enthusiast, I thought it would be fun to compare India and Pakistan based on factual data. These graphs are based on the data provided by World Bank. A couple of notes:
Due to disparity between India and Pakistan in terms of geographical size and population, the...