Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
And surprisingly Pakistan isn't doing that bad either.
What? How? $5k at PPP is terrible. The nominal figure, which is the figure at market exchange rates(PPP adjusts that for cost of living compared to the US) is even worse at around $1.4k. Pakistan ranks 134th in the world out of 186 in per capita GDP at PPP with the only countries below Pakistan being basket cases from Sub Saharan Africa, a few resource poor central asian dictatorships, Bangladesh, Afghanistan and tiny pacific Island states. Basically, if you take out the African states, Pakistan will be somewhere in the bottom 10 to 15 in terms of both nominal and PPP adjusted per capita GDP.
I think he said that in comparison to Shining India which I agree is lowering the benchmark and setting low standards.
PPP is rubbish. In nominal terms there is not much difference between India, Pakistan and Bangladesh and Bangladesh will overtake Pakistan soon.
View attachment 73876
Surprisingly, Sri Lanka is doing much better than everyone else including the overhyped Big Brother.
And surprisingly Pakistan isn't doing that bad either.
I think he said that in comparison to Shining India which I agree is lowering the benchmark and setting low standards.
But but but India has so many CEO's in United States, Indians are sending spaceships on Mars , IPL is the Greatest League and BCCI is the richest board on the planet.
#Superpower
India with its 1.32 billion people and growing will always be in the last of that list.
Imagine if India only had 50 crore people.
Our founding fathers had no vision and clearly had no plan for the country. They just wanted freedom without having an iota of knowledge of how to govern and improve the lives of people later on.
Rising Indian population sucks all the progress that is made over a period of time.
Would have been better if India was like Europe with 20-25 countries. Less population and easier to develop. Now no matter how much progress is made, the suffocation levels keep rising.
A couple of states which are progressing well economically , Human Development and in terms of population control, invite migrants from backward, over populated states who bring down the overall quality of life in developed states. It's a case of Europe being one country, where all Serbians, Romanians, Bulgarians could move to Germany without control.
Rising Indian population sucks all the progress that is made over a period of time.
Would have been better if India was like Europe with 20-25 countries. Less population and easier to develop. Now no matter how much progress is made, the suffocation levels keep rising.
A couple of states which are progressing well economically , Human Development and in terms of population control, invite migrants from backward, over populated states who bring down the overall quality of life in developed states. It's a case of Europe being one country, where all Serbians, Romanians, Bulgarians could move to Germany without control.
When the partition occurred, present day pakistan recieved what was back then considered one of the best parts of British India. Plentiful rivers, fertile land, very little portions covered by desert and fewer drought prone regions. Even the population of that region (Bangladesh exepted) was far more manageable than in India.
So by every metric you should've been outdoing us in the per capita Indicators. What went wrong or why is completely up to your judgement . Don't blame it on 'external factors' or 'western influence' alone.
If a civil war torn country like Sri Lanka can still show such improvement in these indicators and a much younger nation like Bangladesh with its far worse population problem and poverty can show such rapid improvement, its an pointer to the biggest nations of South Asia, about what all could have been done with with proper intent.
India with its 1.32 billion people and growing will always be in the last of that list.
Imagine if India only had 50 crore people.
Our founding fathers had no vision and clearly had no plan for the country. They just wanted freedom without having an iota of knowledge of how to govern and improve the lives of people later on.
When the partition occurred, present day pakistan recieved what was back then considered one of the best parts of British India. Plentiful rivers, fertile land, very little portions covered by desert and fewer drought prone regions. Even the population of that region (Bangladesh exepted) was far more manageable than in India.
So by every metric you should've been outdoing us in the per capita Indicators. What went wrong or why is completely up to your judgement . Don't blame it on 'external factors' or 'western influence' alone.
If a civil war torn country like Sri Lanka can still show such improvement in these indicators and a much younger nation like Bangladesh with its far worse population problem and poverty can show such rapid improvement, its an pointer to the biggest nations of South Asia, about what all could have been done with with proper intent.
How did you reach at that conclusion?
I think you are ignoring the fact that most development works by British were done in India. Correct me if i'm wrong but Pakistan had 1 jute mill to its name and that was considered the biggest gift from British?? Pakistan indeed was made from zero while India had lots of advantages.
Rumour has it Pakistan was once touted as an Asian Giant in terms of economy and had countries like South Korea emulate it's economic planning strategy. Not sure what went wrong later.
Korea etc. never emulated our policies or five year plans, nor did any other country. Korea sent some bureaucrats to be trained at Pakistan's civil services institute in the 60s and that's the extent of them "learning from" or "emulating" us. Ha Joon Chang, a Korean development economist at Cambridge and someone who lived through Korea's economic miracle busted this myth in one of his books.
Yet the old tale of how the South Koreans "copied" Ayub's Five Year Plans, back when South Korea was an impoverished backwater, keeps being regurgitated. I've seen it in books in the past, and now I see it on social media.
India with its 1.32 billion people and growing will always be in the last of that list.
Imagine if India only had 50 crore people.
Our founding fathers had no vision and clearly had no plan for the country. They just wanted freedom without having an iota of knowledge of how to govern and improve the lives of people later on.
Socialistic policies - Not encouraging foreign investment - inability to take measures to stem population growth............ India was a big begging bowl in early 90's until Manmohan Singh and Narasimha Rao decided to open our economy to foreign investment.
Rising Indian population sucks all the progress that is made over a period of time.
Would have been better if India was like Europe with 20-25 countries. Less population and easier to develop. Now no matter how much progress is made, the suffocation levels keep rising.
A couple of states which are progressing well economically , Human Development and in terms of population control, invite migrants from backward, over populated states who bring down the overall quality of life in developed states. It's a case of Europe being one country, where all Serbians, Romanians, Bulgarians could move to Germany without control.
When the partition occurred, present day pakistan recieved what was back then considered one of the best parts of British India. Plentiful rivers, fertile land, very little portions covered by desert and fewer drought prone regions. Even the population of that region (Bangladesh exepted) was far more manageable than in India.
So by every metric you should've been outdoing us in the per capita Indicators. What went wrong or why is completely up to your judgement . Don't blame it on 'external factors' or 'western influence' alone.
If a civil war torn country like Sri Lanka can still show such improvement in these indicators and a much younger nation like Bangladesh with its far worse population problem and poverty can show such rapid improvement, its an pointer to the biggest nations of South Asia, about what all could have been done with with proper intent.
There's only one known model for developing an economy that is backed by results and those who used it thrived while those that didn't failed. You have to adopt it for your particular circumstances but the core concept remains the same, from 17th century Britain to Korea and Taiwan in the 70s. The only exceptions to this rule are Hong Kong, Switzerland and the Netherlands but they had certain things going for them that other countries didn't and can't any more so they're very much anomalies. Things like ethnic homogeneity, population size, religion, external environment, internal politics and other things that are unique in each country are factors you have to account for and adjust your policies accordingly but they're not insurmountable obstacles and with the right policies their impact can be minimized.Do you know what the educated ones did during independent movements (mid 1940s) ? Apart from the very few, most of them didn't bother to participate in any freedom movements. They benefited from colonial presence and found independent movement annoying and against their interests. It was the farmers and poorer people that stood brave against the colonists.
Korea is also very populated for their size, same can be said for Japan why couldn't our leaders develop our nation like the rest ? How about Singapore with no resources at all ? What did they do right that we didnt ?
There's only one known model for developing an economy that is backed by results and those who used it thrived while those that didn't failed. You have to adopt it for your particular circumstances but the core concept remains the same, from 17th century Britain to Korea and Taiwan in the 70s. The only exceptions to this rule are Hong Kong, Switzerland and the Netherlands but they had certain things going for them that other countries didn't and can't any more so they're very much anomalies. Things like ethnic homogeneity, population size, religion, external environment, internal politics and other things that are unique in each country are factors you have to account for and adjust your policies accordingly but they're not insurmountable obstacles and with the right policies their impact can be minimized.
The problem today, simply put, is China and the WTO. China's rise and sheer size has made it virtually impossible for smaller countries to adopt the only tried and tested model for development, a situation made worse by the exponentially decreasing labor intensity in manufacturing so it's a fairly safe assumption to make that we will not be seeing any more countries making the transition from developing to developed.
The WTO is another hurdle because the rules they have set for global trade make it virtually impossible for any country to adopt the kind of trade policies required to successfully make the transition from developing to developed economy without facing severe retaliatory action.
Interesting, how long can India continue to have a "growing middle-class" ? Wouldn't be become too expensive for US companies to outsource too ?
I think you are ignoring the fact that most development works by British were done in India. Correct me if i'm wrong but Pakistan had 1 jute mill to its name and that was considered the biggest gift from British?? Pakistan indeed was made from zero while India had lots of advantages.
I think you are ignoring the fact that most development works by British were done in India. Correct me if i'm wrong but Pakistan had 1 jute mill to its name and that was considered the biggest gift from British??
100% agreement with your post.
No politician wants to admit it, but the population Monster will never let India progress. They just make empty promises without actually having any plan.
Sanjay Gandhi back in the day wanted to bring "nasbandi" (not sure what's is called in English).. He had the vision 40 odd years ago to control population but he had some other faults.. Ultimately according to rumours he was killed..
Vasectomy.
And dude you just can't force people to have their vas deferens cut and tied against their wishes.It's completely unethical and not to mention unhealthy and cruel.Govt should think of better programmes to curb the rapid population growth than resort to such Orwellian measures.