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fossil fuel i.e anything that was formed from dead organic material consists mainly of@RiazHaq what is this thing shale oil??
can this be converted into petrolium??
and how can Pakistan take benifit from it if GOP work on this project??
New Recruit
We are one of the largest countries in the world, if we can fuel our industry to full capacity then we can become an absolute powerhouse.
By 2045-2050 Pakistan will be a developed state. It will look nothing like it does now.
It is inevitable, it is our destiny.
speaking of tight gas, I had too much to eat for iftaar.
Sorry, not going to happen. The socioeconomic environment just isn't right for that kind of growth. The last country to go from the level of development that Pakistan is at right now to a fully developed country in 40-50 years was South Korea and they had a lot going for them that Pakistan simply doesn't.
To begin with, we can't go for massive export led industrialization like Korea or Taiwan did since they didn't have to compete with China in it's present form, something that just can't be done at the moment(through sheer economies of scale, they make it impossible to compete with them on cost in basic industries that are needed to start an industrialization drive).
Then there's the cultural issues. Korea's education culture blows ours out of the water. They were mortgaging their houses to provide their kids with education, we still have tens of millions who willingly withhold education from their children for various reasons, my favorites being that it doesn't produce immediate returns and others who believe that it's unislamic to let girls go to school.
When Pakistan chose to be an Islamic state, it willingly accepted all the negative externalities that come with that decision. For one, our clerical classes control large parts of the education system that massively brings down the quality of education especially in the field science and technology. The madrassa system produces millions of unproductive(for the purpose of industrialization, a madrassa student is the same as someone with no education) graduates who not only don't help the economy but actually add to it's burden by contributing massively to population growth and given their backgrounds, their kids don't tend to be much better than them. Second, there's a worldwide precedent for increased educational achievement having a very strong inverse correlation with religious observance, something that drastically reduces the clerical classes' influence and you can see our religious establishment going all out to prevent such a thing from happening here. All said, the education system, both in terms of coverage and quality, simply cannot support Korea like industrialization until Pakistan neuters its religious establishment, on paper and in practice. Do not expect a country where 2/3rds of the population comprises the Maudoodi influenced Zia generation and their children to achieve anything even slightly resembling the Korean miracle. In 2050, Pakistan would realistically be at a comparable level of development to the Philippines or Indonesia today with an inflation adjusted per capita GDP of around $3000-$5000 in 2010 dollars(for comparison, Pakistan's GDP per capita in 1960 was $620 in 2010 dollars while it was around $1200 in 2010). It's delusional to think otherwise with all the structural flaws that plague the country's economic system and social fabric.
save it for tomorrow's iftar, say mom Gas is on me, just figure out how to disconnect stove from sui gas and connect it you know where...free cooking for Ramzan, take that Sui Southern
Sorry, not going to happen. The socioeconomic environment just isn't right for that kind of growth. The last country to go from the level of development that Pakistan is at right now to a fully developed country in 40-50 years was South Korea and they had a lot going for them that Pakistan simply doesn't.
To begin with, we can't go for massive export led industrialization like Korea or Taiwan did since they didn't have to compete with China in it's present form, something that just can't be done at the moment(through sheer economies of scale, they make it impossible to compete with them on cost in basic industries that are needed to start an industrialization drive).
Then there's the cultural issues. Korea's education culture blows ours out of the water. They were mortgaging their houses to provide their kids with education, we still have tens of millions who willingly withhold education from their children for various reasons, my favorites being that it doesn't produce immediate returns and others who believe that it's unislamic to let girls go to school.
When Pakistan chose to be an Islamic state, it willingly accepted all the negative externalities that come with that decision. For one, our clerical classes control large parts of the education system that massively brings down the quality of education especially in the field science and technology. The madrassa system produces millions of unproductive(for the purpose of industrialization, a madrassa student is the same as someone with no education) graduates who not only don't help the economy but actually add to it's burden by contributing massively to population growth and given their backgrounds, their kids don't tend to be much better than them. Second, there's a worldwide precedent for increased educational achievement having a very strong inverse correlation with religious observance, something that drastically reduces the clerical classes' influence and you can see our religious establishment going all out to prevent such a thing from happening here. All said, the education system, both in terms of coverage and quality, simply cannot support Korea like industrialization until Pakistan neuters its religious establishment, on paper and in practice. Do not expect a country where 2/3rds of the population comprises the Maudoodi influenced Zia generation and their children to achieve anything even slightly resembling the Korean miracle. In 2050, Pakistan would realistically be at a comparable level of development to the Philippines or Indonesia today with an inflation adjusted per capita GDP of around $3000-$5000 in 2010 dollars(for comparison, Pakistan's GDP per capita in 1960 was $620 in 2010 dollars while it was around $1200 in 2010). It's delusional to think otherwise with all the structural flaws that plague the country's economic system and social fabric.