Re: Pakistan economic snapshot 03-07 IMF data
Trickle down is a very valid economic solution to alleviating long term poverty under certain models. You seem to have a one economic solution fits all mindset which is complete nonsense. As for your little rant, it isnt correct what you say. Pakistan is run by the Army because they are the best decision makers for an illiterate country today..when education improves then democracy will come. Also, I do have faith in all people that given education they can all have the common sense to not marry hundreds of wives and make thousands of kids when they cannot afford it, but until the country is educated one cannot let the economic horizon be determined by the amount of illiteracy in the country.
FYI, what Graemen Bank does is nothing new - this microcredit system has been in use for decades. It's a simple charitable organization cherry picked in the current climate of political correctness to lend a bit of credence to the Nobel Peace Prize who include many very odd choices. Using Bangladesh as an example of poverty alleviation is the height of stupidity when poverty is exponentially being reduced in Pakistan through what has always been an economic trickle down solution.