Counting the Cost - India's rising power in Africa

[topgun047]

 

[PatriotLover]

Funny how India GDP per capita is lower than sub Saharan Africa and practically in everything from literacy rate and education, Africa outshines India but these Indiots will keep dreaming big. Lol India dreaming big while we kick your *** daily. First raise your countries income level above sub Saharan Africa then dream.

 

[Shotgunner51]

Funny how India GDP per capita is lower than sub Saharan Africa and practically in everything from literacy rate and education, Africa outshines India but these Indiots will keep dreaming big. Lol India dreaming big while we kick your *** daily. First raise your countries income level above sub Saharan Africa then dream.

Yes, recorded data shows that india ($1,596; World Bank 2014) has lower GDP/capita than Sub-Saharan region ($1,774), let alone the far more developed Arabic countries in the north like Morocco ($3,103) Egypt ($3,199), Algeria ($5,498) or war-torn Libya ($6,570). Given the fact that Africa is home to most fastest growing economies (South Sudan tops the world by a stunning 36.2%; World Bank 2014), there is no data to support the prediction that india is catching up with Africa any time soon, or would it ever happen.

GDP per capita (current US$) | Data | Graph

Other facts that support future growth potential of Africa includes its vast territory of over 30 million sq.km, rich natural resources, billion plus population of fast-improving literacy/health, massive infrastructure building plans, and continuous offshoring of manufacturing jobs (e.g. Special Economic Zones) from other industrialized economies.

@Dungeness @Economic superpower

 

[Beast]

Yes, recorded data shows that india ($1,596; World Bank 2014) has lower GDP/capita than Sub-Saharan region ($1,774), let alone the far more developed Arabic countries in the north like Morocco ($3,103) Egypt ($3,199), Algeria ($5,498) or war-torn Libya ($6,570). Given the fact that Africa is home to most fastest growing economies, there is no data to support the prediction that india is catching up with Africa any time soon, or would it ever happen.

Other facts that support future growth potential of Africa includes its vast territory of over 30 million sq.km, rich natural resources, billion plus population of fast-improving literacy/health, massive infrastructure building plans, and continuous offshoring of manufacturing jobs (e.g. Special Economic Zones) from other industrialized economies.

@Dungeness @Economic superpower

Precisely, which idiot makes that propaganda video?

 

[PatriotLover]

More of world's poor live in India than in all sub-Saharan Africa, says study | World news | The Guardian

'More poor' in India than Africa - BBC News

Poverty more in India than sub-Saharan Africa - NATIONAL - The Hindu

IMF sees India growing slower than sub-Saharan Africa - Livemint

Why are there more starving children in India than Sub-Saharan Africa although India's economy is slightly higher than all of those nations combined? - Quora

 

[Manidabest]

Rising power

 

[Shotgunner51]

Precisely, which idiot makes that propaganda video?

Just another "rising" or "power" rhetoric, nothing pragmatically solid.

It's cold hard facts that Africa, even the Sub-Saharan region, leads india by far in current economic progress. Another reality is this massive continent of billion plus population has all categories of quantifiable potentials that india can hardly compare.

 

[indianBong]

Yes, recorded data shows that india ($1,596; World Bank 2014) has lower GDP/capita than Sub-Saharan region ($1,774), let alone the far more developed Arabic countries in the north like Morocco ($3,103) Egypt ($3,199), Algeria ($5,498) or war-torn Libya ($6,570).

you don't through stones at others house when your own house is made of glass..... going by your logic broken economy like venezuala (16,529$), Greece, argentina (world bank 2014) has more per capita income than your China...
List of countries by GDP (nominal) per capita - Wikipedia, the free encyclopedia
so will you say your country is a $hith0le (acc to your logic)???. infact your per capita ranking is 80.... !!!! so why brag about your so called economic prowess as only second to USA.... you seem to judge evrything and all national and international dealings of a country on basis of per capita income???
one advice to you.... troll less... be humble....
"With pride, there are many curses. With humility, there come many blessings."
Ezra Taft Benson

@Spectre @nForce

 

[Shotgunner51]

you don't through stones at others house when your own house is made of glass..... going by your logic broken economy like venezuala (16,529$), Greece, argentina has more per capita income than your China.... so will you say your country is a $hith0le (acc to your logic)???. infact your per capita ranking is 80.... !!!! so why brag about your so called economic prowess as only second to USA.... you seem to judge evrything and all national and international dealings of a country on basis of per capita income???
one advice to you.... troll less... be humble....
"With pride, there are many curses. With humility, there come many blessings."
Ezra Taft Benson
@Spectre @nForce

Read post #3 and #7 again. Firstly I didn't bring unrelated country into the discussion, now you did. Only two regions - Africa, india - were discussed in-line with the OP. Secondly official data were quoted to substantiate an analysis.

On GDP/capita, Yes, it's one key performance indicator (measuring vibrance of activities), but also No, it alone cannot completely describe an economy. For example, consumption boosted GDP built on external debt is not a positive strength for an economy, you quoted some samples. Other key performance indicators I would recommend for inter-regional (or international) comparison include:

• Agricultural GDP, absolute size and per capita
  
• Industrial GDP, absolute size and % weight in national GDP
• Steel production
• Electricity production
• Concrete production
  
• Manufacturing value added
• Infrastructure e.g. expressways, rail, sea port capability, power grid efficiency & coverage
  
• Total Trade Volume
  
• Trade Balance (Surplus or Deficit)
  
• Total Exports
  
• High-technology Exports
• Financial reserves (Forex reserves, Sovereign Welfare Fund, etc), Net International Investment Position (Creditor or Debtor)
• Various measures of natural reserves e.g. energy, minerals/metals
  
• Number of middle class, wealth households (e.g. millionaire)
  
• Urbanization
• Literacy, Intelligence Quotient, Schooling
  
• Patent filings
  
• Life Expectancy, infant mortality rate, sporting performance, etc.

Let's not derail this thread, and discuss professionally.

@waz @Horus

 

[indianBong]

ead post #3 and #7 again. Firstly I didn't bring unrelated country into the discussion, now you did. Only two regions - Africa, india - were discussed in-line with the OP. Secondly official data were quoted to

I have quoted official figures too

et's not derail this thread, and discuss professionall

No one is derailing thread.. i just showed you mirror.. if i wud have been a troll i wud have posted china's percapita in those threads of china dealing with argentina, africa and trying to promote yuan as alternative to dollar...like you do in every thread related to india...
I don't expect this from you given that you have great knowledge of economics....

 

[nForce]

Yes, recorded data shows that india ($1,596; World Bank 2014) has lower GDP/capita than Sub-Saharan region ($1,774), let alone the far more developed Arabic countries in the north like Morocco ($3,103) Egypt ($3,199), Algeria ($5,498) or war-torn Libya ($6,570). Given the fact that Africa is home to most fastest growing economies (South Sudan tops the world by a stunning 36.2%; World Bank 2014), there is no data to support the prediction that india is catching up with Africa any time soon, or would it ever happen.

Other facts that support future growth potential of Africa includes its vast territory of over 30 million sq.km, rich natural resources, billion plus population of fast-improving literacy/health, massive infrastructure building plans, and continuous offshoring of manufacturing jobs (e.g. Special Economic Zones) from other industrialized economies.

@Dungeness @Economic superpower

Yes, India's GDP in terms of USD is in the lower range, facts are facts. However, the PPP has to be taken under consideration. You can get a bottle of mineral water for for 15 INR in India. What will that same thing cost in US ? or Morocco ?
The problem with the GDP per capita indicator is it is not indicative of the total GDP. India still has a lot of population, who are dependent on traditional way of livelihood and that does not necessarily feature in your GDP calculation, but the entire population does, and that population is about a fifth of World's total population.

Second point, regarding growth rate, comparing with South Sudan - question for you, US has a growth rate that varies between 3-4%. So, by your theory, it seems US has a lot more catching up to do with South Sudan ? Are you missing something there ?

 

[Echo_419]

Yes, recorded data shows that india ($1,596; World Bank 2014) has lower GDP/capita than Sub-Saharan region ($1,774), let alone the far more developed Arabic countries in the north like Morocco ($3,103) Egypt ($3,199), Algeria ($5,498) or war-torn Libya ($6,570). Given the fact that Africa is home to most fastest growing economies (South Sudan tops the world by a stunning 36.2%; World Bank 2014), there is no data to support the prediction that india is catching up with Africa any time soon, or would it ever happen.

Other facts that support future growth potential of Africa includes its vast territory of over 30 million sq.km, rich natural resources, billion plus population of fast-improving literacy/health, massive infrastructure building plans, and continuous offshoring of manufacturing jobs (e.g. Special Economic Zones) from other industrialized economies.

@Dungeness @Economic superpower

What do think is the reason some pdf Chinese members to redundantly spread this lies
1. Is it because of poor data interpretation skills?
2. Is it perception of racial superiority over Africans?
3. Inability to come in terms of reality due possible mental agony over some rigid Indophobic beliefs?


For the year 2012 % of Africans living in poverty is :43%

While Poverty in Africa Has Declined, Number of Poor Has Increased



As per 2011 % of Indians living in poverty is :21%

Poverty & Equity Data | India | The World Bank

Population of India for 2011 - 1.2 billion, Hence people living in poverty 1.2 *(21/100)=250 million (approx)

Population of Africa for 2012 - 1.1 billion, Hence people living in poverty 1.1 *(43/100)=473 million (approx)

World Development Indicators-Google Public Data Explorer

But according to some pdf Chinese math - 473 million < 250 million which will remain an enigma for long.
I am quoting @Syama Ayas here
Plz stop with your nonsense

Read post #3 and #7 again. Firstly I didn't bring unrelated country into the discussion, now you did. Only two regions - Africa, india - were discussed in-line with the OP. Secondly official data were quoted to substantiate an analysis.

On GDP/capita, Yes, it's one key performance indicator (measuring vibrance of activities), but also No, it alone cannot completely describe an economy. For example, consumption boosted GDP built on external debt is not a positive strength for an economy, you quoted some samples. Other key performance indicators I would recommend for inter-regional (or international) comparison include:

• Agricultural GDP, absolute size and per capita
  
• Industrial GDP, absolute size and % weight in national GDP
• Steel production
• Electricity production
• Concrete production
  
• Manufacturing value added
• Infrastructure e.g. expressways, rail, sea port capability, power grid efficiency & coverage
  
• Total Trade Volume
  
• Trade Balance (Surplus or Deficit)
  
• Total Exports
  
• High-technology Exports
• Financial reserves (Forex reserves, Sovereign Welfare Fund, etc), Net International Investment Position (Creditor or Debtor)
• Various measures of natural reserves e.g. energy, minerals/metals
  
• Number of middle class, wealth households (e.g. millionaire)
  
• Urbanization
• Literacy, Intelligence Quotient, Schooling
  
• Patent filings
  
• Life Expectancy, infant mortality rate, sporting performance, etc.

Let's not derail this thread, and discuss professionally.

@waz @Horus

Why are you spreading lies ? & then claiming Victim hood?

 

[Shotgunner51]

Yes, India's GDP in terms of USD is in the lower range, facts are facts. However, the PPP has to be taken under consideration. You can get a bottle of mineral water for for 15 INR in India. What will that same thing cost in US ? or Morocco ?
The problem with the GDP per capita indicator is it is not indicative of the total GDP. India still has a lot of population, who are dependent on traditional way of livelihood and that does not necessarily feature in your GDP calculation, but the entire population does, and that population is about a fifth of World's total population.

Second point, regarding growth rate, comparing with South Sudan - question for you, US has a growth rate that varies between 3-4%. So, by your theory, it seems US has a lot more catching up to do with South Sudan ? Are you missing something there ?

We all know how GDP or GDP/capita is derived and its history of evolvement. While knowing it is hardly being perfect, it's one common way to compare vibrance of economic activities between different economies, at market prices of tradable items including currencies. as you have pointed out, it doesn't fully reflect quality of living standards, hence analysts make adjustments to GDP/capita to compare living standards. One adjustment is price-parity or purchasing-power, though disputed for huge difference in consumption basket, it offers a more accurate way to measure living standards of low-income groups on the assumption that they have lesser access to international markets.

On growth rate, the terms of "developed vs developing" economies are self-explanatory. Developing countries are supposed to grow faster. Hence growth rate should be compared between countries in the same bracket of developmental status, e.g. Japan vs US, Thailand vs Argentina, Nigeria vs South Sudan.

Why are you spreading lies ? & then claiming Victim hood?

What lies? Absolutely No, I stand-by my statement:

Recorded data shows that india ($1,596; World Bank 2014) has lower GDP/capita than Sub-Saharan region ($1,774), let alone the far more developed Arabic countries in the north like Morocco ($3,103) Egypt ($3,199), Algeria ($5,498) or war-torn Libya ($6,570). Given the fact that Africa is home to most fastest growing economies (South Sudan tops the world by a stunning 36.2%; World Bank 2014), there is no data to support the prediction that india is catching up with Africa any time soon, or would it ever happen.

GDP per capita (current US$) | Data | Graph​

And there is no victim hood, a poster did derail, that's factual.

Welcome to start another thread on full comparison between China with india on all the indicators I have suggested in post #10, or even China vs US, tag me, I am more than happy to show you the data, one-by-one, in great details. Or I may start and tag you.

@waz @Horus

 

[Dragon4]

We all know how GDP or GDP/capita is derived and its history of evolvement. While knowing it is hardly being perfect, it's one common way to compare vibrance of economic activities between different economies, at market prices of tradable items including currencies. as you have pointed out, it doesn't fully reflect quality of living standards, hence analysts make adjustments to GDP/capita to compare living standards. One adjustment is price-parity or purchasing-power, though disputed for huge difference in consumption basket, it offers a more accurate way to measure living standards of low-income groups on the assumption that they have lesser access to international markets.

On growth rate, the terms of "developed vs developing" economies are self-explanatory. Developing countries are supposed to grow faster. Hence growth rate should be compared between countries in the same bracket of developmental status, e.g. Japan vs US, Nigeria vs South Sudan.



Lies? No, I stand-by my statement:

Recorded data shows that india ($1,596; World Bank 2014) has lower GDP/capita than Sub-Saharan region ($1,774), let alone the far more developed Arabic countries in the north like Morocco ($3,103) Egypt ($3,199), Algeria ($5,498) or war-torn Libya ($6,570). Given the fact that Africa is home to most fastest growing economies (South Sudan tops the world by a stunning 36.2%; World Bank 2014), there is no data to support the prediction that india is catching up with Africa any time soon, or would it ever happen.​

And there is no victim hood, welcome to start another thread on comparing China with india on all the indicators I have suggested, or measure vs US, tag me. Or I may start and tag you.

Did you even watch the video before you started trolling?

 

[PatriotLover]

Did you even watch the video before you started trolling?

Blah blah blah, false Indian propaganda, there is nothing of significance in the video, half lies and fake stuff packaged as a feel good video.