pragmatic_dude
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Weird country! Expectation to improve the economy is from the millitary. Indeed. They were enjoying their perks & privileges and planning their post retirement plans. All this began with Musharraf signing NRO to let both crooks return to politics, then Kiyani proved to be a pet of Zardari and focussed solely on getting extension after extension. Raheel Shareef was much better but still he did not do the needful on many occasions and the same is with current COAS when he took a U-turn on the Dawn-leaks issue.
Your missing the point. Our problem is inside Pakistan. Not the darned IMF. Our failure is mainfested by having to go to IMF clutching our testicles. IMF does not jump on us. We go to it because we fcuk up. IMF is a symptom. We are the disease.
South Korea is practically a US colony but look how successful they are. We have had SOE's. We have a heavily regulated economy but the only thing that seems to have been nurtured in our case is rent seekers. Hyundai were rolling by 1970s.By 1980 they were exporting cars to UK.
Chung Ju-Yung founded the Hyundai Engineering and Construction Company in 1947. Hyundai Motor Company was later established in 1967. The company's first model, the Cortina, was released in cooperation with Ford Motor Company in 1968.[8] When Hyundai wanted to develop their own car, they hired George Turnbull in February 1974, the former Managing Director of Austin Morris at British Leyland. He in turn hired five other top British car engineers. They were Kenneth Barnett body design, engineers John Simpson and Edward Chapman, John Crosthwaite ex-BRM as chassis engineer and Peter Slater as chief development engineer.[9][10][11][12] In 1975, the Pony, the first South Korean car, was released, with styling by Giorgio Giugiaro of ItalDesign and powertrain technology provided by Japan's Mitsubishi Motors. Exports began in the following year to Ecuador and soon thereafter to the Benelux countries. Hyundai entered the British market in 1982, selling 2993 cars in their first year there.[13]
So Hyundai began making cars in 1967. Within 13 years years they were exporting to the world. Now pleasse tell me one Pakistan rent seeker who over 70 years has gone abroad and made their mark? Yes, Hyundai's founder Chung Ju-Yung began as a rent seeker who used the South Korean state to stand up but within 13 years he had built Hyundai into a global brand that was in competition with Ford, Toyota, Nissan, Honda etc.
Please give me one rent seeke dash industrialist who over the last 70 years under multitude of governments, military and elected has gone abroad and made a mark?
1975. Yes 1975, Hyundai made their first car. Tell me in 2019 after 70 years has Pakistan managed to make it's own car? No.
One thing about PMIK unlike your castrated egg, Modi is the type to never get pushed around. I think his entire life is testament to that including 22 long years in political wilderness.
The problem with simple people is they worship leaders. A leader on top of a weak institution is weak. If the IMF comes with a string of conditions, he has to accept it. It has nothing to do with how strong or weak he is.