Re: 7.5 % annual growth in India = 70% of total GDP of Pakistan !!
so make some sense and compare the comparable.
That one really cracked me up.How does Pakistan have the edge???You might have less people to take care of but u have even fewer resources that's reason y Pakistan has to import so much:D .U'll don't even have a democracy for crying out loud and whatever money you'll get u'll spend it on military.Seriously man give me one good reason Y would a foreign investor choose Pakistan over India that's taking into account that India still doesn't woo FDI.
Re: 7.5 % annual growth in India = 70% of total GDP of Pakistan !!
You mean like this… :LMAO:
Globalist Interview > Global Economy
Poverty — By the Numbers?
By Angus Deaton
Global economic policymakers like to give g*****ose speeches about
helping “the poor.” But how many people are really “poor”? Like all
attempts at economic measurement, that question is difficult to
answer. In a conversation with Prakash Loungani, Angus Deaton — a
Princeton University professor who has studied Indian poverty
statistics intensively — explores the difficulties.
India has long used a 30-day recall period. In recent years, the
statistical authorities in India experimented to see what difference
the recall period makes to the estimate of the number of poor.
They found that shifting to a one week recall period would essentially
halve the number of poor in India. That must be the most successful
poverty-reduction program in the world!
Shifting to a briefer survey period would essentially halve the number
of poor in India. That must be the most successful poverty-reduction
program in the world!
Pakistan’s external debt and liabilities have declined by $2.3 billion - down from $38.9 billion by end June 1999 to $36.6 billion by end-March, 2006.
It may also be pointed out that Pakistan’s external debt and liabilities were 22 times of its foreign exchange reserves in 1998-99 but declined sharply to 2.9 times in just six years. These statistics suggest that Pakistan’s external debt burden has declined at a much faster pace than anticipated and that it is now on a solid downward footing.
Re: 7.5 % annual growth in India = 70% of total GDP of Pakistan !!
Globalist Interview > Global Economy
Poverty — By the Numbers?
By Angus Deaton
Global economic policymakers like to give g*****ose speeches about
helping "the poor." But how many people are really "poor"? Like all
attempts at economic measurement, that question is difficult to
answer. In a conversation with Prakash Loungani, Angus Deaton — a
Princeton University professor who has studied Indian poverty
statistics intensively — explores the difficulties.
India has long used a 30-day recall period. In recent years, the
statistical authorities in India experimented to see what difference
the recall period makes to the estimate of the number of poor.
They found that shifting to a one week recall period would essentially
halve the number of poor in India. That must be the most successful
poverty-reduction program in the world!
Shifting to a briefer survey period would essentially halve the number
of poor in India. That must be the most successful poverty-reduction
program in the world!
Well the world bank hasn't questioned the India's methodology but they have questioned Pakistan.
**WB, UNDP question poverty estimates
**By Our Staff Reporter
ISLAMABAD, June 19: The World Bank and the United Nations Development Programme (UNDP) have estimated that poverty rate in Pakistan ranges between 25.7 per cent and 28.3 per cent as against the government’s estimates of 23.9 per cent.
The two institutions have asked the government to improve the methodology of arriving at poverty estimates to depict a genuine picture of the overall condition and standard of living of people in the country. They also raised questions about poverty surveys that did not portray the condition of majority of rural people.
The government had announced early this month that 23.9 per cent people lived below the poverty line and that poverty rate had declined by about 10.6 per cent from 34.46 per cent in 2001. It said the estimates and methodology had been endorsed by development partners, like the WB, the DFID of the United Kingdom, the Asian Development Bank and UNDP’s expert Prof Nanak Kakwani.
Prof Kakwani said in a written reply to Dawn’s questions that he had got the poverty estimates of 25.7 per cent in 2004-5 and 35.7 per cent in 2001-2 by using a refined methodology.
“In my report, I also expressed the views that the CRPRID (Centre for Research on Poverty Reduction and Income Distribution) methodology could be improved considerably,” he said.
He, however, confirmed that by adopting the poverty estimates and methodology used by the government’s CRPRID, he arrived at the poverty estimates of 34.46 per cent in 2001-2 and 24 per cent in 2004-5.
He said the earlier poverty figure of 32.1 per cent being used by the government for 2001-2 “cannot be justified by any methodology”.
He said: “The new methodology which I am proposing brings greater dis-aggregation. It provides separate poverty lines for food and essential basic non-food items of consumption such as clothing, housing, education, health, transport and so on. It is more transparent and can identify the genuine poor.”
The World Bank Country Director for Pakistan John Wall told Dawn that his institution had no hesitation to endorse the numbers arrived at by the CRPRID to avoid confusion and it had adopted the government’s definition of poverty line.
He, however, said that according to the World Bank’s estimates based on the government’s survey the poverty rate in the country was about 28.3 per cent in 2004-5, compared with 33.3 per cent in 2001, showing a decline of five per cent. He argued that the government used the consumer price index (CPI) to gauge the poverty rate from 2001 to 2005 but it did not adequately represent the price situation, particularly in rural areas, and that was why the government was now working on expanding the CPI coverage. He said there was a wide difference in prices situation indicated by the CPI and the Pakistan Social and Living Standards Measurement (PSLM) survey.
He said the CPI-based and survey-based poverty rate was put at 30 per cent in 1998-9 but the difference between the two methods was very big during the period between 2001 and 2005.
He said the results of 2001 and 2005 were not comparable because 2001 was a drought year and 2005 emerged as a bumper crop year.
Re: 7.5 % annual growth in India = 70% of total GDP of Pakistan !!
WB, UNDP question poverty estimates
By Our Staff Reporter
ISLAMABAD, June 19: The World Bank and the United Nations Development Programme (UNDP) have estimated that poverty rate in Pakistan ranges between 25.7 per cent and 28.3 per cent as against the government’s estimates of 23.9 per cent.
Fine govt of Pakistan skewed results and poverty rate is not frikkin 23.9 but 25.7% or 28.3%..... from same sources (WB, UNDP) what are India's numbers? I am sure you can google it out.
Re: 7.5 % annual growth in India = 70% of total GDP of Pakistan !!
There is no denying that India is still poor but some people in this thread believe that Pakistan's poverty is only 17% and tht of India is 35% which is completely absurd.
Re: 7.5 % annual growth in India = 70% of total GDP of Pakistan !!
Those ar the UN figures I believe? and probably the reason so many India’s are so very hot under the collar these days leading them to post pathetic threads like this. When trying to compare themselves with Pakistan they forget to mention that India’s population is 7 times bigger than ours!, and they should be making proportional comparisons like the UN have above.
India’s popluation count is no less than 570.7777777% ahead of Pakistan’s. Well done India. :k: :k: :k: :k: :k: :k: :k:
Re: 7.5 % annual growth in India = 70% of total GDP of Pakistan !!
You must overlook that side of India.
No, we are not overlooking this. India is poor, but is growing quite fast and reducing the poverty. This is the only point most Indian guppies are trying to make.
No one is clainming that India is developed country, but just that it is a fast developing one.
** World Bank validates Pakistan’s poverty estimates **
WASHINGTON, June 23 (APP): The World Bank has validated the Government
of Pakistan’s official poverty estimates as recently published in the
Pakistan Economic Survey, 2005-06, says a WB statement issued Thursday.
“The Government has maintained consistency with past measures using the
same poverty line and inflation indices as used for the 2000-01
estimates,” the Bank statement said. Using this same methodology, it
added, “the latest Government estimates show poverty to have fallen
from 34.4% to 24%.” “Several international agencies, including the
World Bank have validated this result independently.” "It is clear that
poverty has indeed fallen sharply between 2000-01 and 2004-05.
Now please go away and let me have a little luff for the day…
Re: 7.5 % annual growth in India = 70% of total GDP of Pakistan !!
Unfortunately its growth is not helping reducing the poverty compared to Pakistan's growth reducing the poverty. I don't like to compare the two countries personally, but one should learn from the other's mistakes and overcome its shortcomings.
Re: 7.5 % annual growth in India = 70% of total GDP of Pakistan !!
Also one must not forget to compare nations with those of a comparable size, for Pakistan that is nations of 150-200 million people, not a state with 1.2 bn people.
Re: 7.5 % annual growth in India = 70% of total GDP of Pakistan !!
Captain1, you have shown wisdom before in your arguments and understanding of the others point of view, I expect the same wisdom here.
The poverty has reduced from 36% to 25% in last decade or so. I think its a pretty good achievent.
Now if the poverty in Pakistan has also reduced, some some percentage (less than India or more than India deos not matter) then it is on the right path. Thats all I can say.
