Insight: Hardly “Incredible India”

[Raja.Pakistani]

Pakistan could become a failed state

according to Indians we are already a failed state since 1947 lol


You should be proud on your higher GDP which reflect the living standard of Indians

 

[rds1207]

List of countries by Failed States Index - Wikipedia, the free encyclopedia

 

[harshad]

This forum is soon going to follow the pattern of debate in Indian defnce forum lol


I dont like such topics and debate but my dear Eastwest if a guy with two kids earn 5000 thousand Rupees and a guy with five kids earn 10000 RS. Which one is better here?

No doubt Indian GDP is doing well as compare to Pakistan which is because of political instability in pakistan from last five or 8 years but India is at no 161 in GDP per capita ranking table while pakistan is not too below at 175 so your GDP is not double or triple. According to Wikipedia India is at No 133(1,371 US dollars) while Pakistan is at 146(1,043 US dollars).

Secondly higher GDP alone is not enough to make a country super power. GDP per capita of Qatar is 179,000 US dollar while GDP per capita of india is ( 3,500). Can Qatar become super power when its GDP per capita is double/triple than US(47,200 US dollars)

GDP - per capita (PPP) - Country Comparison
List of countries by GDP (nominal) per capita - Wikipedia, the free encyclopedia

it takes more time to change per capita gdp as compared to gdp of the country so i dont know what you are getting at even china whi is now almost considered superpower has a per capita gdp below $7k,which is very low compared to other developed countries,so gdp of the country affects the choosing of a superpower rather than per capita gdp
as 7% for $1.7tn will give a total gdp increase of 119bn,where as 7% increase for pakistans gdp will give an increase of 12bn (considering pakistans gdp is 174bn) so you can clearly see the difference in the spending power of a country

 

[rds1207]

according to Indians we are already a failed state since 1947 lol


You should be proud on your higher GDP which reflect the living standard of Indians

lol its pakistani channel and newspaper

 

[kingkobra]

our way of becoming super power is by uplifting all the masses..throwing poor people out of cities during olympic is not what makes a country super power...we will bring all our population out of poverty in next few decades...

 

[rds1207]

India 2025: What kind of superpower? - Economic Times

By Anil K Gupta.



What funny logic. After 20 more years... they "might" become the 3rd largest economy... therefore they will be a superpower?

Meanwhile in the real world, China today is already the 2nd largest economy, yet we are nowhere close to being a superpower. Japan has been the 2nd largest economy for decades, yet they are not a superpower.

Yet somehow India, after 20 more years of growth, "might" become the 3rd largest economy and therefore become a superpower. OK.

suppose china become largest economy by 2030 that means you will have largest economy title only for 20 years

 

[Raja.Pakistani]

List of countries by Failed States Index - Wikipedia, the free encyclopedia

You should feel happy that they did not include poverty ,health and lack of distribution of wealth to decide the failed state list otherwise India get place in top ten ..I understand why Pakistan is there as i already said we have political instability from decade and it got worse since Mushy joined this stupid war on terror

but still i don't get why future world super power is at no 76 when they think that GDP is the measure of well beings of Indians

 

[Raja.Pakistani]

it takes more time to change per capita gdp as compared to gdp of the country so i dont know what you are getting at even china whi is now almost considered superpower has a per capita gdp below $7k,which is very low compared to other developed countries,so gdp of the country affects the choosing of a superpower rather than per capita gdp
as 7% for $1.7tn will give a total gdp increase of 119bn,where as 7% increase for pakistans gdp will give an increase of 12bn (considering pakistans gdp is 174bn) so you can clearly see the difference in the spending power of a country

DP (PPP) [“GDP based on purchasing power parity”] per capita. GDP (PPP) per capita compares generalized differences in living standards on the whole between nations because PPP takes into account the relative cost of living and the inflation rates of countries, rather than using just exchange rates, which may distort the real differences in income. The indicator measures GDP converted to a common set of prices in a common currency (international dollars, also called Geary-Khamis dollars) so that real quantity comparisons can be made both between countries and over time. The difference between GDP growth and GDP (PPP) per capita is best exemplified by China, which ranked highest for this period in terms of GDP growth, but came in 96th for this period in terms of GDP (PPP) per capita.

GDP is not a perfect measure to describe the well-being and quality of life of populations, and there are other indexes that take into account other variables such as life expectancy, income distribution, literacy, etc. – for example, the UN Human Development Index and the Index of Sustainable Economic Welfare. In fact, GDP is often considered imperfect even to measure overall economic strength. (See the report released in 2009 by a commission chaired by Nobel Prize-winning economists Professor Joseph E. Stiglitz and Professor Amartya Sen, and by Professor Jean-Paul Fitoussi [Download PDF] and “Beyond GDP” from the European Commission. Still, when taken with PPP, it is a useful tool for comparing economies across national boundaries.

Poverty remains extensive throughout the world, particularly in south Asia and Africa. A study by the World Institute for Development Economics Research at United Nations University reports that the richest 1% of adults owned 40% of global assets in the year 2000 (their most recent figures), and that the richest 10% of adults accounted for 85% of the world total. The bottom half of the world adult population owned barely 1% of global wealth. World Bank Development Indicators reported in 2008 that in 2005 (their most recent figures) 1.4 billion people lived on $1.25 a day or less (US$ PPP); almost 15% of the world’s population, or nearly 1 billion people, lived on $1 a day or less.


Global Finance magazine :http://www.gfmag.com/tools/global-d...hest-and-poorest-countries.html#axzz1glUKOucH

 

[somebozo]

List of countries by Failed States Index - Wikipedia, the free encyclopedia

This is a bogus index as other than USA and few european countries, it shows everyone in the warning zone..!

 

[PakShah]

suppose china become largest economy by 2030 that means you will have largest economy title only for 20 years

Just because Chinese media said that you go bananas:

But I say you are very wrong:

But if you listen carefully, the Chinese quoted citigroup, a western company.

So...

maybe its a propaganda piece!

 

[harshad]

DP (PPP) [“GDP based on purchasing power parity”] per capita. GDP (PPP) per capita compares generalized differences in living standards on the whole between nations because PPP takes into account the relative cost of living and the inflation rates of countries, rather than using just exchange rates, which may distort the real differences in income. The indicator measures GDP converted to a common set of prices in a common currency (international dollars, also called Geary-Khamis dollars) so that real quantity comparisons can be made both between countries and over time. The difference between GDP growth and GDP (PPP) per capita is best exemplified by China, which ranked highest for this period in terms of GDP growth, but came in 96th for this period in terms of GDP (PPP) per capita.

GDP is not a perfect measure to describe the well-being and quality of life of populations, and there are other indexes that take into account other variables such as life expectancy, income distribution, literacy, etc. – for example, the UN Human Development Index and the Index of Sustainable Economic Welfare. In fact, GDP is often considered imperfect even to measure overall economic strength. (See the report released in 2009 by a commission chaired by Nobel Prize-winning economists Professor Joseph E. Stiglitz and Professor Amartya Sen, and by Professor Jean-Paul Fitoussi [Download PDF] and “Beyond GDP” from the European Commission. Still, when taken with PPP, it is a useful tool for comparing economies across national boundaries.

Poverty remains extensive throughout the world, particularly in south Asia and Africa. A study by the World Institute for Development Economics Research at United Nations University reports that the richest 1% of adults owned 40% of global assets in the year 2000 (their most recent figures), and that the richest 10% of adults accounted for 85% of the world total. The bottom half of the world adult population owned barely 1% of global wealth. World Bank Development Indicators reported in 2008 that in 2005 (their most recent figures) 1.4 billion people lived on $1.25 a day or less (US$ PPP); almost 15% of the world’s population, or nearly 1 billion people, lived on $1 a day or less.


Global Finance magazine :Richest and Poorest Countries | Global Finance

dont know what you are getting at but per capita doesnt make a country a super power or a contestant for becomming a super power like china it is considered a super power(almost) but another country whos per capita gdp is $7k is not considered a super power because it cannot spend on defence,research,ets as muc as china can

 

[rds1207]

This is a bogus index as other than USA and few european countries, it shows everyone in the warning zone..!

when it comes to india you believe this index and start laughing on india but when it comes to pakistan then you say bogus index.
good yaar.

 

[STEELMAN]

Economically India is going through a tough time.Look at the ROI of Banks, They are offering 10% in FD.One can get even 12.5 % ROI in Debentures.Loans ROI has also gone very high this is the reason Infra and Real estate company are not able to perform.By borrowing money in such a high ROI its not feasible for these companys to mantain there margin.All these are due to the high Inflation.RBI has raise the Repo and reverse Repo rate for 13 times in 2 years.But above all our Banking system is stronger than many devloped countries.NPA is in control.Depriciation of Rupee has also worsen the situation,Since India is more Import oriented country so importing goods is also became expensive.It will take around a year to come up from this mess again India will show the 9% growth in GDP.

 

[davidson]

IQ by Country

http://www.bloggernews.net/125105

 

[rds1207]

Just because Chinese media said that you go bananas:

But I say you are very wrong:

But if you listen carefully, the Chinese quoted citigroup, a western company.

So...

maybe its a propaganda piece!

whether we rank 1st 2nd or 100th it doesn,t matter but we are progressing, united and free (right to elect our government) is the only thing which matters.