Energon
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I think the analysis provided in the OP is pretty good. There are many issues that stand in Pakistan's way in order to become a credible power.
1. Stability. It takes years to stabilize a nation and Pakistan unfortunately has been unable to sustain long term stability and growth for quite a few decades.
2. Violence and Fractionalism. Granted almost every developing nation suffers from this, Pakistan's problems with religious and ethnic fractionalism are far more pathological on account of a multitude of reasons. For south asian states that have aspirations of becoming global powers (India being the best example), attracting sustained foreign investments in a vast array of areas is the only feasible way to achieve their goals since the area is devoid of vast amounts of highly desirable natural resources such as petroleum to change the nation's fortune overnight like in the case of the GCC oil rich nations. Given the issues Pakistan faces in terms of stability and violence, it will be practically impossible to get copious sums of foreign investments unless they pertain to the immediate needs of the lender nations such as in the case of the USA and China.
3. Rental State. Pakistan HAS to find a way to get away from the clutches of beneficiary states who have since the conception of Pakistan been using it as a pawn to further their own interests. In the future, Pakistan should aim to have more than one or two investor nations thereby keeping hedging their bets and ensuring balance of power.
4. Credibility. Over the past decade and a half, many events have occurred that have negatively impacted Pakistan's credibility which in turn will keep potential investors and trading partners away in the near future. Links to terrorism, Kargil debacle, illicit nuclear trade, taliban resurgence through NWFP.
1. Stability. It takes years to stabilize a nation and Pakistan unfortunately has been unable to sustain long term stability and growth for quite a few decades.
2. Violence and Fractionalism. Granted almost every developing nation suffers from this, Pakistan's problems with religious and ethnic fractionalism are far more pathological on account of a multitude of reasons. For south asian states that have aspirations of becoming global powers (India being the best example), attracting sustained foreign investments in a vast array of areas is the only feasible way to achieve their goals since the area is devoid of vast amounts of highly desirable natural resources such as petroleum to change the nation's fortune overnight like in the case of the GCC oil rich nations. Given the issues Pakistan faces in terms of stability and violence, it will be practically impossible to get copious sums of foreign investments unless they pertain to the immediate needs of the lender nations such as in the case of the USA and China.
3. Rental State. Pakistan HAS to find a way to get away from the clutches of beneficiary states who have since the conception of Pakistan been using it as a pawn to further their own interests. In the future, Pakistan should aim to have more than one or two investor nations thereby keeping hedging their bets and ensuring balance of power.
4. Credibility. Over the past decade and a half, many events have occurred that have negatively impacted Pakistan's credibility which in turn will keep potential investors and trading partners away in the near future. Links to terrorism, Kargil debacle, illicit nuclear trade, taliban resurgence through NWFP.