Three way split
Monday, 13 December 2010
The Economist magazine has divided world economy into three zones. Even though talk about emerging economies is often about China, India and few other countries, Pakistan too is part of the emerging-economies zone. This article is very much relevant to Pakistan and its economic future. Some have suggested that Pakistan should take a 'piggy ride' on the back of economic success of its neighbor India. I argue Pakistan need not to do that. It can and it must chalk its own independent economic course. Pakistan is worlds 25th. largest economy and a huge economic market. If Pakistan plays its cards well and fully integrates itself with Europe, North America and South America, whose economies are very different than those of Asian emerging economies, there is no reason why it can not be part of the G-20.
America, the euro zone and the emerging world are heading in different directions, says Pervaiz Munir Alvi. Read the article here.Labels: Economy
posted by S A J Shirazi @ Monday, December 13, 2010,
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