Re: Pakistan to become the next Asian Tiger
Corruption is not a problem as long as the economy keeps growing. Corruption in Pakistan is not much worse than India or China. Corruption becomes a problem when it starts affecting economic growth.
The current trend of economic growth is sustainable as we are still trying to meet our domestic demand. It is a cycle that has now started to spiral upwards and people have started to invest their money in Pakistan rather than keep it abroad. Once this growth achieves critical mass, there will be no stopping it. There is enough money owned by Pakistanis in Pakistan and abroad. once the process has started, countries like the US & EU & JPN will be queing up to invest as they will benefit greatly from pakistan’s huge market.