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Science Forum Index » Economy Forum » Pakistan is now over 22% richer than India - Wikipedia
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| 2.7182818284590... |
 Posted: Sun Apr 27, 2008 6:06 am |
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Guest
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There are 3 agencies which measure the PPP: IMF, America's CIA, and
the World Bank. The PPP is a great proxy for the standard-of-living
of a nation, as it takes the costs of good and services produced
within the country. It is also harder to calculate.
For a long time now on Wikipedia, they had the PPP of India about 40%
higher than Pakistan's. However, one of these 3 agencies recently
revised *DOWNWARD* India's, China's, and Bangladesh's PPP by 40%, 40%,
and 36%, respectively. I am sure that they will also lower Pakistan's
PPP, but they haven't so far yet.
Anyways, according to Wikipedia now, the PPP of Pakistan is *HIGHER*
than that of India's - ~$3300 VS ~$2700. |
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| fruitella |
| Posted: Sun Apr 27, 2008 6:45 am |
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On Apr 27, 5:06 pm, "2.7182818284590..." <tangent1...@gmail.com>
wrote:
Quote: There are 3 agencies which measure the PPP: IMF, America's CIA, and
the World Bank. The PPP is a great proxy for the standard-of-living
of a nation, as it takes the costs of good and services produced
within the country. It is also harder to calculate.
For a long time now on Wikipedia, they had the PPP of India about 40%
higher than Pakistan's. However, one of these 3 agencies recently
revised *DOWNWARD* India's, China's, and Bangladesh's PPP by 40%, 40%,
and 36%, respectively. I am sure that they will also lower Pakistan's
PPP, but they haven't so far yet.
Anyways, according to Wikipedia now, the PPP of Pakistan is *HIGHER*
than that of India's - ~$3300 VS ~$2700.
1) pakistan does not have an economy other than collecting aid from
the US for fighting terrorism it creates.
2) It is obvious that any economy that has social stability and a
consistent economic growth rate spanning 17 years like India is not
going to be behind an unstable, violence racked & undemocratic place
like Pakistan.
3) If the IMF had any accurate accounting method, they would not have
to revice upwards or downwards any valueation by 40% !
4) IMF works by having developed countries cause a financial panic in
a given developing country. They then strolling in to offer loans
with demands that the assets of the developing country be handed over
at a ridiculously low prices to the developed nations which caused the
financial turmoil. Any reason India should be trusting the IMF? |
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| baani |
| Posted: Sun Apr 27, 2008 7:37 am |
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Guest
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On 27 Apr, 21:06, "2.7182818284590..." <tangent1...@gmail.com> wrote:
Quote: There are 3 agencies which measure the PPP: IMF, America's CIA, and
the World Bank. The PPP is a great proxy for the standard-of-living
of a nation, as it takes the costs of good and services produced
within the country. It is also harder to calculate.
For a long time now on Wikipedia, they had the PPP of India about 40%
higher than Pakistan's. However, one of these 3 agencies recently
revised *DOWNWARD* India's, China's, and Bangladesh's PPP by 40%, 40%,
and 36%, respectively. I am sure that they will also lower Pakistan's
PPP, but they haven't so far yet.
Anyways, according to Wikipedia now, the PPP of Pakistan is *HIGHER*
than that of India's - ~$3300 VS ~$2700.
Its a dream that every paki likes to dream but facts remain
facts.Typical of a pakistani you missed out on pasting the link. Check
this out:https://www.cia.gov/library/publications/the-world-factbook/
geos/pk.html
India's PPP: $2700
Pakistans PPP:$2600
So now where is pakistans PPP higher than that of India |
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