Re: Comparison of Pakistani economical growth and GNP under different rule
I can ask you for the same....please
pehlay aap.
let me just give you a little info first
1) everything that is pledged is not always given
2) pledges are not just aid, but also loans
3) when you have loans..you have to repay them
4) which basically means you have an economic impact.
Before the conference, aid pledges totaled $2.4 billion but Pakistan had only received about 10 percent of that. Prime Minister Shaukat Aziz said the new pledges brought the total to $5.8 billion — $3.9 billion in loans and $1.9 billion in grants.
He said $1.7 billion was needed for relief and recovery and restoration of livelihoods, and $3.5 billion for rebuilding infrastructure and restoring the economy.
Re: Comparison of Pakistani economical growth and GNP under different rule
Question - can you really use a measure pegged against a foreign currency such as us dollar as an adequate measure of progress or otherwise. The value of us dollar fluctuates mostly without reference to Pakistan Rupee. The trend having been that USD has gotten stronger (with rare exceptions), wouldn't expressing gnp in dollars be unduely influenced by that fluctuation?For example - say gnp went from 100 to 110. Same period dollar went from say 25 to 40. In Rupee terms gnp was up 10pct but in dollar terms it is down from 4 to 2.5! That leads me to a number of other questions:If dollar rate is that relevant then whoever rules Pakistan cannot impact gnp since they don't control doillarIf dollar rate is not that relevant, a.why bother with it and b.why no just focus on (inflation adjusted) local purchasing power, to gauge progress
Re: Comparison of Pakistani economical growth and GNP under different rule
There is little doubt that Pakistan is progressing economically. The weight of evidence is overwhelming. But what is needed is political development and the fostering of a genuine civil society.
Re: Comparison of Pakistani economical growth and GNP under different rule
It’s amazing how little we have actually got from the outside world upto now, when so many billions of damage was caused to Pakistan. Another demonstration how strong our economy is, and how it has absorbed well the losses we have suffered due to man made or human disasters.
Re: Comparison of Pakistani economical growth and GNP under different rule
That means (before nuclear detonation) in dollar terms, Pakistan GNP decreased by an average of about 1.22 percent a year from 62.94 billion dollars in 1996 to 61.43 billion dollars in 1998 and per capita income decreased on average by 3.66 percent a year from 508 dollars in 1996 to 473 dollars in 1998 during 2 years mega corrupt rule of NS.
So, NS bad economical performance was nothing to do with effect of nuclear detonation or sanctions. Actual sanctions really started when President Musharraf took over power, as that was the time Pakistan had double sanctions, that is sanctions due to nuclear detonation as well as sanctions related to military rule.
Now, one can form their own conclusions from the figures. Writing is on the wall for all to see. None of the figures are mine but what I am doing is analyse the figures from Pakistan statistics department, that anyone can check.
So even when there were no sanctions on Pakistan the economy in fact contracted under Nawaz's rule! That is just so telling of the mass economic mismanagement and corruption of that man, and our beloved democrats!
Re: Comparison of Pakistani economical growth and GNP under different rule
not quite, the post is about growth under diff govts
As many economists have said 9/11 was key to Pak's growth since then,
Thus it should be included, not hidden with everything else
Since 9/11 Pak has received almost 10 billion dollars in aid and 24 billion dollars remittances have flown into Pakistan, and the inflation rate has been very high. Go fugure!
Over $15 billion dollars of financial losses to Pakistan becauase of 9/11 and the 2005 earthquake, and those figures have probably risen over the years as well. We have received nowhere near that amount of direct aid from the outside world to even make up for those losses. Those facts alone make Musharraf and Aziz’s economic achievments even more remarkable.
Re: Comparison of Pakistani economical growth and GNP under different rule
Well as per Encyclopedia Brit. the structure of the economy has changed now to resemble the east asian economies with a dominant service sector (53% of economy), this is a huge long term change with bodes well for the transfer from low yield to medium-high yield outputs per worker.
Also within N11, Pakistan is now regarded as within N4 alongside Turkey, Indonesia and Vietnam.