Pakistan Beats India, BRICs in Market Returns

[aakash_2410]

As I said. Good for Pakistan if it's true.

But if Pakistan's economy is doing so well than why don't we hear about it in the world media? Forget about world media, why don't we hear it in Pakistani media either? And organisations like Goldman Sachs, Citibank, Worldbank and IMF never mentions Pakistan's economy?

This is not more of 'Riaz Haq's khayali pulaav' than 'Riaz Haq's musings'. Something to 'muse' about. Don't you think?

 

[IndoCarib]

You are right. Lets congratulate Pakistan on this. I only wish this came from a independant source. I dont believe this Riaz Haq guy or his musings !

 

[RiazHaq]

You are right. Lets congratulate Pakistan on this. I only wish this came from a independant source. I dont believe this Riaz Haq guy or his musings !

There is plenty of data from highly credible sources cited on my blogs for anyone willing to learn.

Haq's Musings

South Asia Investor Review

 

[IndoCarib]

^^^^^
You are giving the same source again and again ! I asked for independant source, and you are beating around the bush ! Anyway leave it. Please accept my congratulations . Pakistan needs more and more such positive news.

 

[RiazHaq]

^^^^^
You are giving the same source again and again ! I asked for independant source, and you are beating around the bush ! Anyway leave it. Please accept my congratulations . Pakistan needs more and more such positive news.

My blogs cite and provide links to many many independent sources!

 

[SMC]

As I said. Good for Pakistan if it's true.

But if Pakistan's economy is doing so well than why don't we hear about it in the world media? Forget about world media, why don't we hear it in Pakistani media either? And organisations like Goldman Sachs, Citibank, Worldbank and IMF never mentions Pakistan's economy?

This is not more of 'Riaz Haq's khayali pulaav' than 'Riaz Haq's musings'. Something to 'muse' about. Don't you think?

Fallacious argument. No one talked about Pakistani economy when it was growing around 2005, except people on forums.

 

[T90TankGuy]

My blogs cite and provide links to many many independent sources!

that may be true mate but just read another thread where the Pakistani railways will stop cuz they have run out of diesel. now any way you swing it says they running out of money . so it really does not matter whether they did better then BRIC countries in returns its not showing on the ground level . and thats what counts.

 

[AmberDutt]

Fallacious argument. No one talked about Pakistani economy when it was growing around 2005, except people on forums.

It was just a short burst in 2005 mate.. In last 18 years, Pakistan's GDP has grown faster than 5% only in 3 years.. Such short bursts do not qualify for a mention....

And do remember its easier for smaller economies to clock better growth percentages than larger economies

World Bank, World Development Indicators - Google public data

 

[ice_man]

Ranking of economies - Doing Business - World Bank Group

please check this pakistan ranked 83rd and INDIA RANKED 138th!!!! now i don't know based on what but weird survey done by worldbank!

 

[ice_man]

It was just a short burst in 2005 mate.. In last 18 years, Pakistan's GDP has grown faster than 5% only in 3 years.. Such short bursts do not qualify for a mention....

And do remember its easier for smaller economies to clock better growth percentages than larger economies

World Bank, World Development Indicators - Google public data

till 90we were way ahead of socialist closed economy india....but we didn't say anything for us its no big deal being a big economy as long as its a healthy economy!

 

[AmberDutt]

till 90we were way ahead of socialist closed economy india....but we didn't say anything for us its no big deal being a big economy as long as its a healthy economy!

and the point being??

 

[ramu]

Riaz, we all know that the real economy of Pakistan has grown by a far lesser extent in the last 10 years as compared to BRICs. If stock market removed its bubbles and bias then the economy that grew the most should give the best returns. If not, we are in speculative territory or the economy that outgrew its real growth was under valued to start with.

Take your pick.

 

[Abu Zolfiqar]

especially since the mumbai drama of 2008, fareed zakaria has indeed become a foot-licker of the indian regime.....it's actually very hard to take him seriously.

Many Pakistanis --from Musharraf to Hamid Gul have gone on his show and made a fool out of him.....the guy's a bloody indian lackey and not much else. He can't even come up with one accent to talk with.


as for the report itself, Pakistan's economy is at a critical stage in some aspects (e.g. lack of FDI) however the private sector, banking, and FOREX position are reasonably stable for now.

those who are not risk-averse generally pay and receive a premium for under-taking riskier investments.....the riskier an investment, the greater its return. It's common sense. Pakistan is a country that has always been ripe for investment, the only deterrants are the perception of security (lack thereof) as well as political issues that also deter people from coming in to invest.

once the situation improves (which it will, Inshallah) the country would see greater returns...it was only a few years ago that Pakistan had one of Asia's fastest growing stock markets; imposition of Emergency Rule and other political mistakes helped fuel the downturn. Now its kind of seeing ups and downs.

 

[Trisonics]

especially since the mumbai drama of 2008, fareed zakaria has indeed become a foot-licker of the indian regime.....it's actually very hard to take him seriously.

huh? He is from India so whats the surprise if he is passionate about his country? or does it erk you that he is a Muslim from India???

There are many other commentators in the US media who have said far terrible things about your country..but of course they are not Muslims and hence don't count.

 

[Abu Zolfiqar]

huh? He is from India so whats the surprise if he is passionate about his country? or does it erk you that he is a Muslim from India???

reporters are generally supposed to maintain some semblance of objective and neutral reporting, whereas he -in line with his indian background (he surrendered his nationality and became an American, by the way) constantly brings up ISI into every equation. He even interviewed a former DG ISI, only to be ridiculed completely.

as for religion --well, it is only you bringing that up. I dont even know where that comes into play in this conversation.

There are many other commentators in the US media who have said far terrible things about your country..but of course they are not Muslims and hence don't count.

and whenever we discuss them here, I address those as well. In fact, i dont always disagree with some of the things they say --for the record.


Zakaria, however is a fine example of an educated, yet ''over-marketed'' individual who can easily be rendered utterly stupid due to political partisanship.....it's increasingly difficult to take him seriously though.