Quote:
Originally Posted by Adux
Lets start from Economic Size, GDP reserves, to growth rates in comparison with inflation rates, No Pakistan is not an economical equal anywhere close for that matter to India. Pakistan is called a failed state for more than reasons than just 'it is not a democracy.
Lets have a talk on Defence, Education, Trade, Future Growth, Space, Poverty eradication. No Pakistan is not an equal. As I write this, I am listening to a guy in CNN talk about the how dynamic Indian Economy is, and how it is the fastest celluar market in the world.
Lack of Cohesion and National Unity, How many soldiers and para-military has deserted in the last 4 months. who controls the Northern Areas, Waziristan and FATA. Swat was with Insurgents till last week. You can put mud in your eyes as much as you want. Pakistan is at a cross-roads, socio-economic indicators is not the reason it is at the place it is now.
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So in your opinion a country can only be a "non failed state" if it has the dynamics of a billion plus people and almost double digit growth. There are a lot of developing countries in the world that don't even come close to Pakistan, let alone the "Indian Standard".
Pakistan's GDP growth rate, at approx 7 percent for the past few years, while not as high as China or India, is still remarkably good. And I specifically mentioned GDP PPP since a direct comparison of a billion plus people economy with a 150 million people economy is not apt. On GDP PPP, we are pretty close. Defence and Space are frivolous arguments for determining "failed states" - they may be of more use for "regional power" status perhaps. But a viable state needs to be continuously improving its socio-economic indicators.
Poverty reduction in Pakistan has only been a percentage point or couple behind that of India, and in the last 8 years literacy rates have almost doubled. Hardly a failed state.