Which economic speed is your country?

[Icewolf]

Power issue & corruption & terrorism these are the 3 Horseman of the apocalypse to Pakistan

 

[T-123456]

Well considering the Eurozone is in a deep recession as you said and the bulk of Turkeys exports go to Europe, its hardly surprising the Turkish growth rate stumbled. Explains why Erdogan and co have started looking towards the East over the past few years.


As for Pakistan, a 3.7% growth rate I suppose puts us in the middle. It is nevertheless far below our potential.

Well the east(arab countries) need our goods and they pay top dollar for it.
There is never a problem of payment,we have western standard products for a good price.
As you know Erdogan is a ''muslim friend''so he leans toward the east.

____________

 

[Edevelop]

If you want to ridicule Pakistan, my comments would not convince you.

Anyways, lets try.

Strategic location. Gwadar city, Quetta city, Gilgit city, Karachi - Persian gulf, South Central Asia, Central Asia, South Asia.


Majority of young population.

Strong global diaspora.

So almost everything what is needed to become a power player, but Pakistan needs ten excellent years under a stable leadership which is very difficult to get.

Resources ??

Glaciers:
The Baltoro Glacier in the Karakoram, Baltistan, Northern Pakistan. At 62 kilometres (39 mi) in length, it is one of the longest alpine glaciers on earth.

- Fishery (coastline of about 1046 km)
- 24.2 million cattles
- 26.3 million buffaloes
- 24.9 million sheep
- 56.7 million goats
- 0.8 million camels
- 530 million birds produced annually
- 40.2 thousand tons of wool

- Chickpea (2nd)
- Apricot (6th)
- Cotton (4th)
- Milk (5th)
- Date Palm (5th)
- Sugarcane (5th)
- Onion (7th)
- Kinnow, mandarin oranges, clementine (6th)
- Mango (4th)
- Wheat (7th)
- Rice (14th)
- Olives ?
- Tea ?

Potential Sun light for Solar

Potential Wind power

 

[Raphael]

There's no way Japan will have medium-tier growth, just because Abe set a target.

 

[3Idiots]

Speeds change. And change is the only thing which is constant.

I am surprised no one mentioned "hindu-rate of growth" in this thread, so far.

Changes can happen to japan. Changes can happen to china. Changes can happen to India.

From whatever I have observed so far, the future is .. almost always ... drastically different from what any "expert analysis" predicts.

 

[Silverblaze]

Resources ??

Glaciers:
The Baltoro Glacier in the Karakoram, Baltistan, Northern Pakistan. At 62 kilometres (39 mi) in length, it is one of the longest alpine glaciers on earth.

- Fishery (coastline of about 1046 km)
- 24.2 million cattles
- 26.3 million buffaloes
- 24.9 million sheep
- 56.7 million goats
- 0.8 million camels
- 530 million birds produced annually
- 40.2 thousand tons of wool

- Chickpea (2nd)
- Apricot (6th)
- Cotton (4th)
- Milk (5th)
- Date Palm (5th)
- Sugarcane (5th)
- Onion (7th)
- Kinnow, mandarin oranges, clementine (6th)
- Mango (4th)
- Wheat (7th)
- Rice (14th)
- Olives ?
- Tea ?

Potential Sun light for Solar

Potential Wind power

I intentionally left out resources because bigger countries have far more mineral resources. What many dont usually have is strategic locations, a young working population and a strong global diaspora altogether.

 

[Kaniska]

Pakistans Economic Speed is slow!

But UN report says it performed well

Pakistan

Based on the existing political situation in your country...3.7% is a commendable growth man...See the positive side of the coin...

My guess is that in next 10 year Sri Lanka and BD has lot of untapped potential tobecome a trump card for the rest of the world in the economic growth...They will surprise many in coming years..

 

[Koovie]

If you want to ridicule Pakistan, my comments would not convince you.

Anyways, lets try.

Strategic location. Gwadar city, Quetta city, Gilgit city, Karachi - Persian gulf, South Central Asia, Central Asia, South Asia.

Majority of young population.

Strong global diaspora.

So almost everything what is needed to become a power player, but Pakistan needs ten excellent years under a stable leadership which is very difficult to get.

No dude, my intention was not to troll.

Ok, but lets look at Turkey:

1. It has very close economic ties to the EU which is the LARGEST single market on the world and might even become a member state of it. Furthermore, it is like a link between Europe and Asia.

Pakistan is on the other hand is situated between Iran, Afghanistan, India and China. The latter two might be the 2 fastest growing major economies which are promising markets but the neighbouring part of China (which is the south west) is not that affluent as Hong Kong, Beijing etc etc while relations with India seem to be a real trade killer. The position next to the Arabian sea and the resources in the neighbouring regions might be an advantage but wont be the decisive factor to surpass Turkey.

2. Pakistan has a bigger population of young people than Turkey, thats right, but this wont be very useful without skills and most importantly a modern business environment. A a country in which so many support sharia law and which has such a weak government is not very attractive as well. Turkey on the other hand has a well educated population, rule of law and stability )at least in the western parts) and has far more secular and modern thinking political establishment.


3. Dont know about the Pakistani or Turkish diaspora, but such factors are normally only a tiny factor for economic success for such large countries.

4. Those three points are faaaaaar no everything you need to have economic success, and diaspora does not belong top factors for economic success.



Some factors for the attractivity of a country are:

A stable state with rule of law, A healthy business environment (less bureaucracy, corruption, free market thinking etc etc..),
Infrastructure, R&D,
an educated population which can provide skilled labour, cheap labour costs, a good location (to huge markets, resources),
possibilities of cooperation with local companies, etc etc to name a few.

 

[Silverblaze]

No dude, my intention was not to troll.

Ok, but lets look at Turkey:

1. It has very close economic ties to the EU which is the LARGEST single market on the world and might even become a member state of it. Furthermore, it is like a link between Europe and Asia.

Pakistan is on the other hand is situated between Iran, Afghanistan, India and China. The latter two might be the 2 fastest growing major economies which are promising markets but the neighbouring part of China (which is the south west) is not that affluent as Hong Kong, Beijing etc etc while relations with India seem to be a real trade killer. The position next to the Arabian sea and the resources in the neighbouring regions might be an advantage but wont be the decisive factor to surpass Turkey.

2. Pakistan has a bigger population of young people than Turkey, thats right, but this wont be very useful without skills and most importantly a modern business environment. A a country in which so many support sharia law and which has such a weak government is not very attractive as well. Turkey on the other hand has a well educated population, rule of law and stability )at least in the western parts) and has far more secular and modern thinking political establishment.


3. Dont know about the Pakistani or Turkish diaspora, but such factors are normally only a tiny factor for economic success for such large countries.

4. Those three points are faaaaaar no everything you need to have economic success, and diaspora does not belong top factors for economic success.



Some factors for the attractivity of a country are:

A stable state with rule of law, A healthy business environment (less bureaucracy, corruption, free market thinking etc etc..),
Infrastructure, R&D,
an educated population which can provide skilled labour, cheap labour costs, a good location (to huge markets, resources),
possibilities of cooperation with local companies, etc etc to name a few.

Thanks I did not know that.

If you had read my post, I mentioned 10 years of stable leadership which is very difficult to come by.

Almost all of south Asia has everything and more what is needed to become power players, but an honest system is lacking.

This was my point.