US News Ranks Pakistan Among World's 20 Most Powerful Nations

American journal US News & World Report (USNWR), known for its university rankings, has ranked Pakistan as the 20th most powerful country in the world in 2017. The United States tops the list followed by Russia at number 2 and China at number 3. Among Pakistan's neighbors, Iran ranks 14th and India 16th on the list.  This latest ranking by an international publication is yet another indication of the failure of Indian leader Narendra Modi's sustained efforts to isolate Pakistan since he rose to power in 2014.

USNWR, Y&R BAV Consulting and Wharton Business School:

The US News & World Report says it developed the study and model used to score and rank countries with Y&R’s BAV Consulting and The Wharton School of Business at the University of Pennsylvania.

Source: US News and World Report

USNWR Methodology: 

The journal says it identified a set of 65 country attributes – terms that can be used to describe a country and that are also relevant to the success of a modern nation. It surveyed more than 21,000 people from around the world to assess each country in terms of these attributes. Survey participants decided how closely they associated an attribute with a nation.



Each nation was then scored on each of the 65 country attributes based on a collection of individual survey responses. The more a country was perceived to exemplify a certain characteristic in relation to the average, the higher that country’s attribute score and vice versa. These scores were normalized to account for outliers and transformed into a scale that could be compared across the board.

USNWR defines powerful country in terms of "a leader, economically influential, politically influential, strong international alliances, strong military".

The USNR ranking of Pakistan among the top 20 most powerful countries is yet another indication of the failure of Indian leader Narendra Modi's sustained efforts to isolate Pakistan since he rose to power in 2014.

Summary:

American journal US News & World Report (USNWR), respected for its US university rankings and other international rankings, has ranked Pakistan as the 20th most powerful country in the world in 2017.  This latest ranking by an international publication is yet another indication of the failure of Indian leader Narendra Modi's sustained efforts to isolate Pakistan since he rose to power in 2014.

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Comments

Riaz Haq said…
#Harvard #HKS Center for International Development forecasts #Pakistan’s #GDP growth to average 5.97% until 2025

https://tribune.com.pk/story/1452332/pakistans-gdp-growth-rate-even-higher-china-harvard-study/

http://atlas.cid.harvard.edu/rankings/growth-predictions/

Pakistan’s predicted annual growth rate over the next 10 years is nearly 6 per cent, according to the revised growth projections presented by researchers at the Centre for International Development (CID) at the Harvard University.

This is a one-point GDP increase as in the CID’s earlier projections, Pakistan GDP was set to grow at 5 per cent by 2025.

Although China’s huge economy (current GDP at $12 trillion) cannot be compared with that of Pakistan (current GDP at $300 billion), Pakistan’s 5.97 per cent growth rate is above that of China, which is set to grow by 4.41 per cent.


Led by Harvard Kennedy School, the research is called ‘The Atlas of Economic Complexity’.

The CID’s growth projections are based on the measures of each country’s economic complexity, which captures the diversity and sophistication of the productive capabilities embedded in its exports and the ease with which it could further diversify by expanding those capabilities.

According to the Harvard study, the economic complexity not only describes why countries are rich or poor today, but can also predict future growth — about five times more accurately than the World Economic Forum’s Global Competitiveness Index.

Pakistan’s neighbour India, on the other hand, is predicted to grow by 7.72 per cent, the world’s highest. The CID believes that the economic pole of global growth has moved over the past few years from China to neighbouring India and it is likely to stay there over the coming decade.

Except for India, Pakistan will beat all Asian economies in GDP growth. These also include giant Muslim economies.

Here are some regional countries (and their GDP growth) Pakistan will be ahead of:

Muslim and South Asian countries:

Indonesia 5.82 per cent

Turkey 5.64 per cent

Malaysia 4.82 per cent

Sri Lanka 3.77 per cent

Saudi Arabia 3.17 per cent

Bangladesh 2.82 per cent

UAE 2.41 per cent

Shanghai Cooperation Organisation (SCO) countries:

Tajikistan 3.61 per cent

Uzbekistan 3.32 per cent

Kazakhstan 2.65 per cent

Kyrgyzstan 5.77 per cent

Russia 2.60 per cent

According to the Harvard study, the central reason for income differences is know-how. Poor countries produce few goods that many countries can make because of the lack of know-how, while rich countries produce a greater diversity of goods, including products that few other countries can make.

Harvard’s leading research hub uses this fact to measure the amount of the know-how that is held in each economy.

A major trend that emerges from Harvard’s report is that the growth in emerging markets is predicted to continue to outpace that of advanced economies, though not uniformly.

Pakistan’s GDP growth expected at 4.9%: Moody’s

In addition to Pakistan, the CID projections are also optimistic about new growth hubs in East Africa and new segments of Southeast Asia, led by Indonesia and Vietnam. it also notes that economies based on commodity output face slower growth rates as commodity prices continue to remain under pressure.

With special economic zones (SEZs) being built under the China-Pakistan Economic Corridor (CPEC) project, it is an opportunity for Pakistan to move away from commodity output by producing value-added goods in joint ventures with Chinese firms and increase its exports. This way, Pakistan can have even faster income growth.

The Harvard growth projections are in line with other short, medium and long-term GDP growth forecasts for Pakistan.

HSBC: 5 per cent leading to 2050

IMF: 5.5 per cent leading to 2020

The World Bank: 5.8 per cent leading to 2019

The Economist: 5.7 per cent in 2017


Riaz Haq said…
#Iraq Ambassador: #Pakistan provided #Iraq with intelligence, training, arms, ammunition to defeat #ISIS in #Mosul https://www.dawn.com/news/1345432

Pakistan quietly helped Iraq in its fight against the militant Islamic State (IS) group, which reached a major milestone this week with the liberation of Mosul from the terrorist group’s control after three years of occupation.

Pakistan was among a number of countries that supported Iraq in fighting the IS, also known by its Arabic acronym Daesh, said Ambassador of Iraq Ali Yasin Muhammad Karim at a press conference at the embassy. The presser was held to brief Pakistani media about the eviction of the IS from Mosul.

Pakistan’s contribution to the fight against the IS in Iraq has never been mentioned earlier either by Pakistani officials or Iraqis.

Ancient Assyrian town Mosul, which is Iraq’s second largest city and was used by the IS during years of occupation as the seat of its proclaimed caliphate, was freed after a gruelling nine-month-long military campaign by Iraqi security forces that was backed by several countries.

Talking about Pakistan’s help, the ambassador said Iraq, besides getting intelligence on terrorists, also received arms and ammunition and military medical assistance from the country. He recalled some of the Iraqi pilots, who took part in action against the IS, had been trained in Pakistan.

The ambassador said the continuing intelligence cooperation between Iraq and Pakistan could help the latter deal with the expanding footprint of the IS in the region.

Underscoring the IS threat, he said, the outfit was the most dangerous terrorist group and likened its threat to “time bombs” and “booby traps”.

“We share the same enemy,” Mr Karim said.

While responding to a question, the envoy played down involvement of Pakistanis with IS activities in Iraq, saying that “the bad guys” represented a very small proportion of the population of Pakistan. People of over 100 nationalities, he added, were part of IS ranks.

The people of Pakistan were generally very supportive of Iraq in its war against the IS, he remarked.

He praised Pakistan’s policy of neutrality towards the Middle East.

After Mosul, Ambassador Karim said, Iraq was about to make a final push against the IS from its territory.

Mosul’s liberation has, however, come at a huge cost.

The city after remaining under the IS occupation for three years during the fight for its liberation is in complete ruins and almost a million of its population has been displaced. The same is the case with other areas that Iraq has succeeded in liberating from the IS. Reports from Mosul warn of an emerging humanitarian crisis.

The Iraqi ambassador called for support for reconstruction and restoration of services in the cities devastated by the war.

“We need help for rebuilding infrastructure, which is the next important task,” he said.

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