Pakistan's Loss: A Disaster or a Blessing

[Khan_21]

I don't care which kind of development you are talking about.City's importance lies in it's economy.Lahore has GDP and population less than half of Dhaka.Islamabad is a small city of 2 million.Latest data are hard to find for cities concerned here.According to McKinsy2010,GDP-
Dhaka-29 billion
Karachi-28 billion
Lahore-13 billion
https://en.wikipedia.org/wiki/List_of_cities_by_GDP

Chittagong's GDP is not much lower than Lahore.It is the center of trade and industry of BD and have highest per capita income.It's population more than 6 million.

Islamabad is rich but small.It is not very hard to create a planned city of rich for 1 percent of national population.I don't see any credit about having Islamabad being so nice.Pakistan was without any city suitable for capital(Karachi,Lahore are much vulnerable of Indian attack which mostly influenced for going after Islamabad). So a military dictator decided to build a city from scratch just besides of military headquarter.So it is small,planned and beautiful inhabited mostly by elite.

What most important is,Urbanization rate.In 1960 Bangladesh or East Pakistan had only 5 percent population urban while west Pakistan had 22 percent population urban.But in 2015,BD have urban population 34 percent and Pakistan 39 percent.So,Bangladesh started from bottom,now approaching Pakistan level.If BD was East Pakistan I don't think it would have crossed even 10 percent by now.
http://data.worldbank.org/indicator/SP.URB.TOTL.IN.ZS

Since Lahore and Islamabad are much better lets compare Karachi and Dhaka shall we ? . The Stock Exchange in Karachi is bigger , GDP is bigger , Wider Roads , The Middle class and Upper middle class areas are much soothing to the eye compared to the cramped buildings in Dhaka (God knows how you guys manage to fit in 28 million in 200 sq) . It has Housing societies that wouldn't look out of place in a developed country .

http://data.worldbank.org/indicator/SH.H2O.SAFE.ZS

Improved water Access

Pakistan 91 %
Bangladesh 87 %

http://data.worldbank.org/indicator/SH.STA.ACSN

Improved Sanitation Facilities (Urban Areas )

Pakistan 83 %
Bangladesh 58 %

http://data.worldbank.org/indicator/SH.STA.ACSN.UR

I haven't even went into infrastructure where we boost the best road network in South Asia . Our 6 lane Expressways are more than 600 KM in length and will be reaching 2000 KM soon . While you guys are still stuck in 2-4 lanes .

This article, written by a Pakistani and published in Pakistan in 2014, states some real-life reasons why Bangladesh is doing just a bit better. Bangladesh has a long way to go and we certainly still have to call it a dump (as the rest of South Asia is), but please read and you will find out maybe a few things Pakistan could change - for the better............

https://tribune.com.pk/story/716177...why-bangladesh-is-doing-better-than-pakistan/
?

This article was written in 2012 when TTP insurgency was at its peak . It had almost died down now and Pakistan is considered the next big thing according to many experts .

http://www.cnbc.com/2016/12/02/after-the-brics-its-time-to-focus-on-the-varps.html

Since the BRICs acronym was coined over a decade ago, it has gripped investors and news headlines alike. But with the traditionally perceived growth engines of Russia and Brazil in the midst of various phases of recession, as well as fundamental policy overhaul taking place in China, investors need to find pockets of opportunity in other frontier markets: Time to introduce VARP.


VARP – Vietnam, Argentina, Romania and Pakistan – represents a collection of geographies, languages, histories and business cultures with one thing in common: they each offer major growth opportunities. The VARP economies are characterized by strong economic growth, all within the 3 percent-6 percent range, with a young demographic of workers keen to spend money

https://www.bloomberg.com/news/arti...-next-for-asia-s-best-performing-stock-market

Pakistan has plowed an independent trajectory this year, outperforming both its fellow frontier markets and members of the emerging-market grouping that it is slated to join in 2017.

The country's benchmark KSE100 Index has rallied 27 percent year-to-date to become Asia’s best-performing equity market in 2016, according to a basket of 26 peers tracked by Bloomberg. The market received a boost in June when MSCI Inc. announced that it would reclassify Pakistan as part of its benchmark emerging-market index from May 2017 — a show of confidence that it declined to extend to China.

Pakistan got upgraded to MCSI emerging market , Bangladesh is still classified as a frontier market . Even 6 Pakistani companies got inlcuded in FTSE .

https://tribune.com.pk/story/1344303/ftse-includes-six-pakistani-companies-index/

As for General country as a whole BD is an LDC . Pakistan is not . Our middle class is the 18th largest in the world and an average Pakistan is twice wealthier than a Bangladeshi .

 

[SHAH820]

Since Lahore and Islamabad are much better lets compare Karachi and Dhaka shall we ? . The Stock Exchange in Karachi is bigger , GDP is bigger , Wider Roads , The Middle class and Upper middle class areas are much soothing to the eye compared to the cramped buildings in Dhaka (God knows how you guys manage to fit in 28 million in 200 sq) . It has Housing societies that wouldn't look out of place in a developed country .

http://data.worldbank.org/indicator/SH.H2O.SAFE.ZS

Improved water Access

Pakistan 91 %
Bangladesh 87 %

http://data.worldbank.org/indicator/SH.STA.ACSN

Improved Sanitation Facilities (Urban Areas )

Pakistan 83 %
Bangladesh 58 %

http://data.worldbank.org/indicator/SH.STA.ACSN.UR

I haven't even went into infrastructure where we boost the best road network in South Asia . Our 6 lane Expressways are more than 600 KM in length and will be reaching 2000 KM soon . While you guys are still stuck in 2-4 lanes .



This article was written in 2012 when TTP insurgency was at its peak . It had almost died down now and Pakistan is considered the next big thing according to many experts .

http://www.cnbc.com/2016/12/02/after-the-brics-its-time-to-focus-on-the-varps.html

Since the BRICs acronym was coined over a decade ago, it has gripped investors and news headlines alike. But with the traditionally perceived growth engines of Russia and Brazil in the midst of various phases of recession, as well as fundamental policy overhaul taking place in China, investors need to find pockets of opportunity in other frontier markets: Time to introduce VARP.


VARP – Vietnam, Argentina, Romania and Pakistan – represents a collection of geographies, languages, histories and business cultures with one thing in common: they each offer major growth opportunities. The VARP economies are characterized by strong economic growth, all within the 3 percent-6 percent range, with a young demographic of workers keen to spend money

https://www.bloomberg.com/news/arti...-next-for-asia-s-best-performing-stock-market

Pakistan has plowed an independent trajectory this year, outperforming both its fellow frontier markets and members of the emerging-market grouping that it is slated to join in 2017.

The country's benchmark KSE100 Index has rallied 27 percent year-to-date to become Asia’s best-performing equity market in 2016, according to a basket of 26 peers tracked by Bloomberg. The market received a boost in June when MSCI Inc. announced that it would reclassify Pakistan as part of its benchmark emerging-market index from May 2017 — a show of confidence that it declined to extend to China.

Pakistan got upgraded to MCSI emerging market , Bangladesh is still classified as a frontier market . Even 6 Pakistani companies got inlcuded in FTSE .

https://tribune.com.pk/story/1344303/ftse-includes-six-pakistani-companies-index/

As for General country as a whole BD is an LDC . Pakistan is not . Our middle class is the 18th largest in the world and an average Pakistan is twice wealthier than a Bangladeshi .

you cant compare karachi with dhaka
karachi economy is about $113 billion (despite of extreme terrorism for 7 years its economy have slowed but as security is improving karachi economy is picking pace ) compare to dhaka which is about $10 billion (with no terrorism and no big problem)

 

[CHACHA"G"]

Dear Brothers,
Pakistan was made on the name of ISLAM and ALLAH , but you brothers prefers language and ethnicity more then ISLAM , I m witness to this , I meet some Bengali brothers in 4 different countries.
And for killing , Please bring any sort of thing that can show Pakistani's Killing Bengalis in West Pakistan.
Yes there was mistakes on West Pakistani side but those are done by elite or politicians not by People of Pakistan.
Still I wish u all better future and Great country , but u all have to ask forgiveness from ALLAH and make sure You all don't lose your land to India , and make sure your 2 new subs don't fight against Pakistan in any future war with India .
Rest is history , and one day we all will know who is responsible !!!!!!! and believe me that day will come !!!!!!

 

[SajjLad]

Dear Brothers,
Pakistan was made on the name of ISLAM and ALLAH , but you brothers prefers language and ethnicity more then ISLAM , I m witness to this , I meet some Bengali brothers in 4 different countries.
And for killing , Please bring any sort of thing that can show Pakistani's Killing Bengalis in West Pakistan.
Yes there was mistakes on West Pakistani side but those are done by elite or politicians not by People of Pakistan.
Still I wish u all better future and Great country , but u all have to ask forgiveness from ALLAH and make sure You all don't lose your land to India , and make sure your 2 new subs don't fight against Pakistan in any future war with India .
Rest is history , and one day we all will know who is responsible !!!!!!! and believe me that day will come !!!!!!

We wish all the best for Pakistan too, most of us have nothing against the average Pakistani especially abroad our communities tend to be very close, I grew up mostly around Pakistanis and didn't see much difference between them and myself.

 

[Kabira]

Since Lahore and Islamabad are much better lets compare Karachi and Dhaka shall we ? . The Stock Exchange in Karachi is bigger , GDP is bigger , Wider Roads , The Middle class and Upper middle class areas are much soothing to the eye compared to the cramped buildings in Dhaka (God knows how you guys manage to fit in 28 million in 200 sq) . It has Housing societies that wouldn't look out of place in a developed country .

http://data.worldbank.org/indicator/SH.H2O.SAFE.ZS

Improved water Access

Pakistan 91 %
Bangladesh 87 %

http://data.worldbank.org/indicator/SH.STA.ACSN

Improved Sanitation Facilities (Urban Areas )

Pakistan 83 %
Bangladesh 58 %

http://data.worldbank.org/indicator/SH.STA.ACSN.UR

I haven't even went into infrastructure where we boost the best road network in South Asia . Our 6 lane Expressways are more than 600 KM in length and will be reaching 2000 KM soon . While you guys are still stuck in 2-4 lanes .



This article was written in 2012 when TTP insurgency was at its peak . It had almost died down now and Pakistan is considered the next big thing according to many experts .

http://www.cnbc.com/2016/12/02/after-the-brics-its-time-to-focus-on-the-varps.html

Since the BRICs acronym was coined over a decade ago, it has gripped investors and news headlines alike. But with the traditionally perceived growth engines of Russia and Brazil in the midst of various phases of recession, as well as fundamental policy overhaul taking place in China, investors need to find pockets of opportunity in other frontier markets: Time to introduce VARP.


VARP – Vietnam, Argentina, Romania and Pakistan – represents a collection of geographies, languages, histories and business cultures with one thing in common: they each offer major growth opportunities. The VARP economies are characterized by strong economic growth, all within the 3 percent-6 percent range, with a young demographic of workers keen to spend money

https://www.bloomberg.com/news/arti...-next-for-asia-s-best-performing-stock-market

Pakistan has plowed an independent trajectory this year, outperforming both its fellow frontier markets and members of the emerging-market grouping that it is slated to join in 2017.

The country's benchmark KSE100 Index has rallied 27 percent year-to-date to become Asia’s best-performing equity market in 2016, according to a basket of 26 peers tracked by Bloomberg. The market received a boost in June when MSCI Inc. announced that it would reclassify Pakistan as part of its benchmark emerging-market index from May 2017 — a show of confidence that it declined to extend to China.

Pakistan got upgraded to MCSI emerging market , Bangladesh is still classified as a frontier market . Even 6 Pakistani companies got inlcuded in FTSE .

https://tribune.com.pk/story/1344303/ftse-includes-six-pakistani-companies-index/

As for General country as a whole BD is an LDC . Pakistan is not . Our middle class is the 18th largest in the world and an average Pakistan is twice wealthier than a Bangladeshi .

Some basic data to get idea of average person wealth.

Bangladesh consume 109.000 barrels per day of oil versus Pakistan 434.000.

http://www.indexmundi.com/energy/?country=pk&product=oil&graph=consumption

In every basic commodity chart Bangladesh is way behind Pakistan yet average bengali is also supposed to be richer at the same time.

 

[UKBengali]

Some basic data to get idea of average person wealth.

Bangladesh consume 109.000 barrels per day of oil versus Pakistan 434.000.

http://www.indexmundi.com/energy/?country=pk&product=oil&graph=consumption

In every basic commodity chart Bangladesh is way behind Pakistan yet average bengali is also supposed to be richer at the same time.

LOL - Oil consumption?

BD deliberately discourages motor vehicle consumption by high import taxes and also has a large proportion of power plants powered by gas.

 

[Kabira]

LOL - Oil consumption?

BD deliberately discourages motor vehicle consumption by high import taxes and also has a large proportion of power plants powered by gas.

Pakistan also has high import taxes on oil, that doesn't stop people who can afford it using it. I guess BD also discourage use of cement and would rather still live in jori pati even if they can afford one with cement.

 

[Homo Sapiens]

Pakistan also has high import taxes on oil, that doesn't stop people who can afford it using it. I guess BD also discourage use of cement and would rather still live in jori pati even if they can afford one with cement.

Cement is a different case.Pakistan is in the middle of building a lot of public infrastructure project like CPEC while BD's infrastructure boom is just beginning.Another important factor for lower Bangladeshi cement consumption is usage of a lot of Tin in house construction in rural areas compared to India or Pakistan.Most of the house in rural BD is made up of Tin unlike India or Pakistan.But cement consumption is rapidly picking up in BD and in several years gap will be a lot narrower.

Pakistan is much more consumer spending based economy than BD.Pakistani spend greater percentage of their income for consumer goods than Bangladeshi.Bangladesh economy is much more driven by savings and investment.This can be seen in gross capital formation(GCF) of two countries.BD's GCF is 29 percent of GDP while for Pakistan it is only 15 percent.Most importantly,in 1966,Bangladesh(East Pakistan)'s GCF was only 9 percent while for West Pakistan,16 percent.So Pakistan is stagnant in this crucial parameter while BD emerged from the bottom to one of the highest in the world.
http://data.worldbank.org/indicator/NE.GDI.TOTL.ZS

One important thing determining this discrepancy of GCF between BD and Pakistan is the growth in industrial sector.Pakistan's industrial sector are growing at average 5 percent while BD's industrial sector achieving double digit growth rate.
http://www.thedailystar.net/business/bangladeshs-growth-71pc-riding-industries-1304122

Up until now we didn't get much foreign investment,so internal savings and investment was the only way to forward,we didn't even borrowed much from overseas until now.See the national debt figure of Pakistan and BD.Pakistan has borrowed huge sum of money and spent on consumerism. See the huge imbalance between Export and Import figure of Pakistan.

Bangladesh's quality of life is better than Pakistan even driving less car,using less smartphone or using less cement.In HDI, BD is medium developed while Pakistan is under developed.You can give one hundred example of how Pakistanis are using more things than Bangladeshi,but until you suppress us on HDI, nobody will consider you more developed than us.

 

[UKBengali]

Cement is a different case.Pakistan is in the middle of building a lot of public infrastructure project like CPEC while BD's infrastructure boom is just beginning.Another important factor for lower Bangladeshi cement consumption is usage of a lot of Tin in house construction in rural areas compared to India or Pakistan.Most of the house in rural BD is made up of Tin unlike India or Pakistan.

Pakistan is much more consumer spending based economy than BD.Pakistani spend greater percentage of their income for consumer goods than Bangladeshi.Bangladesh economy is much more driven by savings and investment.This can be seen in gross capital formation(GCF) of two countries.BD's GCF is 29 percent of GDP while for Pakistan it is only 15 percent.Most importantly,in 1966,Bangladesh(East Pakistan)'s GCF was only 9 percent while for West Pakistan,16 percent.So Pakistan is stagnant in this crucial parameter while BD emerged from the bottom to one of the highest in the world.
http://data.worldbank.org/indicator/NE.GDI.TOTL.ZS

One important thing determining this discrepancy of GCF between BD and Pakistan is the growth in industrial sector.Pakistan's industrial sector are growing at average 5 percent while BD's industrial sector achieving double digit growth rate.
http://www.thedailystar.net/business/bangladeshs-growth-71pc-riding-industries-1304122

Up until now we didn't get much foreign investment,so internal savings and investment was the only way to forward,we didn't even borrowed much from overseas until now.See the national debt figure of Pakistan and BD.Pakistan has borrowed huge sum of money and spent on consumerism. See the huge imbalance between Export and Import figure of Pakistan.

Bangladesh's quality of life is better than Pakistan even driving less car,using less smartphone or using less cement.In HDI, BD is medium developed while Pakistan is under developed.You can give one hundred example of how Pakistanis are using more things than Bangladeshi,but until you suppress us on HDI, nobody will consider you more developed than us.

Even with CPEC Pakistan GDP/capita will grow 3% this year while BD will hit 6% yet again.

There is simply no comparison between the two economies.

 

[Kabira]

Bangladesh's quality of life is better than Pakistan even driving less car,using less smartphone or using less cement.In HDI, BD is medium developed while Pakistan is under developed.You can give one hundred example of how Pakistanis are using more things than Bangladeshi,but until you suppress us on HDI, nobody will consider you more developed than us.

Something doesn't add up. Also that cement chart was couple of years old and before CPEC. HDI isn't the only barometer. So Pakistanis can afford more and better basic commodities yet Bengalis are living better life. Give me a break.

 

[Homo Sapiens]

Even with CPEC Pakistan GDP/capita will grow 3% this year while BD will hit 6% yet again.

There is simply no comparison between the two companies.

It seems,Pakistanis have no concept of holistic approach of development.They see some shiny expressway in the city,make some urban posh areas,drive some car and think these are more important than Human development,economic growth,sound fiscal policy,sustainable development.

 

[salarsikander]

I didn't open this thread for the point scoring against Pakistan.But to show that we have done well than the prediction.There is no need to compare Bangladesh and Pakistan.

Ok so good for you. We wish you every luck in the world. So whats the fuss now ? Why do you need to keep proving it every single time ? Some inferiority complex again ?

 

[Homo Sapiens]

Something doesn't add up. Also that cement chart was couple of years old and before CPEC. HDI isn't the only barometer. So Pakistanis can afford more and better basic commodities yet Bengalis are living better life. Give me a break.

HDI is the most important barometer for quality of life.You can ask all the development strategist in the world.

The world has moved on 12 years after this chart.

 

[SHAH820]

HDI is the most important barometer for quality of life.You can ask all the development strategist in the world.


The world has moved on 12 years after this chart.

you are only 0.04% better then us in HDI
http://hdr.undp.org/en/countries/profiles/PAK
http://hdr.undp.org/en/countries/profiles/BGD
only because they uses old data cause there is no census in pakistan since 19 years but it will change after census which is just after 2 days

but man tell me we are better in equality, in reduction of poverty,in water and sanitation , in ppp (which represent people expenditure ) and many other things

and also thanks pakistan to introduce HDI to the world

 

[Kabira]

HDI is the most important barometer for quality of life.You can ask all the development strategist in the world.


The world has moved on 12 years after this chart.

Check out 2015 chart, same story. HDI isn't most important or anything like that. First we need to see what HDI actually is.

"The HDI simplifies and captures only part of what human development entails. It does not reflect on inequalities, poverty, human security, empowerment, etc.."

"A fuller picture of a country's level of human development requires analysis of other indicators and information presented in the statistical annex of the report."
http://hdr.undp.org/en/content/human-development-index-hdi

Once Pakistan update more then decade old GDP base year then its GDP per capita will automatically increase and with it HDI. But situation on ground will remain same and that's why taking in to account only HDI doesn't show full picture.

Pakistan growth rate is 5% and will increase to 7% by end of 2018 with energy shortages coming to an end. Pakistan from here on will only go up after decade of energy shortage and terrorism.