Development economics of china and pakistan.

8/9/2019 Development economics of china and pakistan.

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DEVELOPMENT ECONOMICSDEVELOPMENT ECONOMICS

PRESENTED BY

ADIL ABAID M06 BBA 013

OMAR ABID M06 BBA 032


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CHINACHINA

PAKISTANPAKISTAN

SRI LANKASRI LANKA


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CHINA : A BRIEF OVERVIEWCHINA : A BRIEF OVERVIEW

Area : 9,596,961 sq km

Capital : Beijing

Nationality : Chinese

Location : Eastern Asia

Independence : 1st Oct, 1949

Currency : Yuan

Government type: Communist state


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PAKISTAN: A BRIEF OVERVIEWPAKISTAN: A BRIEF OVERVIEW

Area : 796,095 sq km

Capital : Islamabad

Nationality : Pakistani

Location : South Asia

Currency : Pak rupees

Government type: Federal republic

Independence: 14 Aug, 1947


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SRI LANKA: A BRIEF OVERVIEWSRI LANKA: A BRIEF OVERVIEW

Area : 65,610 sq km

Capital : Colombo

Nationality : Sri Lankan

Location : Southern Asia

Currency : Sri Lankan Rupees

Government Type : Republic

Independence : 4 Feb, 1948


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DETERMINANTS OF ECONOMICDETERMINANTS OF ECONOMIC

DEVELOPMENTDEVELOPMENTy ECONOMIC FACTORS

- Natural resources

- Capital formation

- Power- Labor or Human Capital

- Transport & Communication

y

NON ECONOMIC FACTORS- social factors

- political factors

- administrative factors


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NATURAL RESOURCESNATURAL RESOURCES

y CHINA : Coal, iron ore, petroleum, natural

gas, magnetite, aluminum, lead, zinc, uranium.

y PAKISTAN : land, extensive natural gas

reserves, limited petroleum, poor quality

coal, iron ore, copper, salt, limestone.

SRI LANKA : limestone, graphite, mineral

sands , gems, phosphates, clay, hydropower.


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LABOR OR HUMAN CAPITALLABOR OR HUMAN CAPITAL

(2009)(2009)

COUNTRY POPULATION RANK LABOR

FORCE

RANK

CHINA 1.3 bln 1 812.7 million 1

PAKISTAN 17.5 crore (app) 6 55.88 million 10

SRI LANKA 2.1 crore ( app) 55 8.1 million 56


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BIRTH RATE & LIFE EXPECTANCYBIRTH RATE & LIFE EXPECTANCY

(2009)(2009)

COUNTRY BIRTH

RATE (per

thousand )

RANK LIFE

EXPECTANCY

RANK

CHINA 12.17 164 74.51 92

PAKISTAN 25.89 64 66.2 165

SRI LANKA 16.26 129 74 85


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EDUCATIONEDUCATION (2009)(2009)

COUNTRY LITERACY RATE EDUCATION

EXPE NDITURE (%

OF GDP )

CHINA 90.9 % 1.9 %

PAKISTAN 49.9% 2.6 %

SRI LANKA 90.7% NA


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POVERTYPOVERTY (2009)(2009)COUNTRY BELOW

POVERTY LINE

UNEMPLOYMENT

RATE

RANK

CHINA 2.8% 4.3% 38

PAKISTAN 24% 15.20% 153

SRI LANKA 22% 5.90% 54


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TRANSPORT & COMMUNICATIONTRANSPORT & COMMUNICATION

(2009)(2009)

COUNTRY RAILWAYS RANK ROAD WAYS RANK

CHINA 77,834 KM 3 3,583,715 KM 2

PAKISTAN 7791 KM 28 259,197 KM 20

SRI LANKA 1449 KM 82 97,286 KM 44


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POWERPOWER (2009)(2009)

COUNTRY ELECTRICITY

PRODUCTION

(kWh)

RANK OIL

PRODUCTION

(bbl per day )

RANK

CHINA 3.451 TRILLION 2 3.795 million 4

PAKISTAN 90.8 billion 33 61,870 60

SRI LANKA 9.901 billion 92 0 200


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MEASUREMENTS OFMEASUREMENTS OFECONOMIC DEVELOPMENTECONOMIC DEVELOPMENT


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MILLENIUM DEVELOPMENTMILLENIUM DEVELOPMENT

GOALSGOALSy GOAL 1 ) Eradicate extreme power & hunger

y GOAL 2) Promote gender equality and empower women

y GOAL 3 ) Achieve universal primary education

y GOAL 4 ) Reduce Child Mortality Rate

y GOAL 5) Improve maternal health

y GOAL 6 ) Combat HIV/AIDS, malaria, and other diseases

y GOAL 7 ) Ensure environmental sustainability

y

GOAL 8 ) Develop a global partnership for development

China has achieved most of the millennium development

goals while Pakistan and Sri Lanka are far behind


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QUALITY OF LIFE INDEXQUALITY OF LIFE INDEX (2009)(2009)

FACTORS WEIGHTAGE

Cost of living 10%

Economy 15%

Freedom 10%

Infrastructure 10%

Climate 10%

Culture & leisure 10%

Environment 10%

Health 10%

Safety & Risk 10%

COU NTRY SCORE

CHINA 54

PAKISTAN 41

SRI LANKA 52


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HDI INDEXHDI INDEX (2009)(2009)

COUNTRY RANK

CHINA 92

PAKISTAN 141

SRI LANKA 102

HDI puts human development at the centre of

the economic development


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GDPGDP (2009)(2009)

COUNTRY GDP (PPP)

$

RANK GDP PER

CAPITA (PPP)

$

RANK

CHINA 8,789 trillion 3 6600 128

PAKISTAN 449.3 bln 28 2600 171

SRI LANKA 96.46 bln 69 4500 148


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GDPGDP-- COMPOSITION BYCOMPOSITION BY

SECTORSECTOR (2009)(2009)

COUNTRY AGRICLUTURE INDUSTRY SERVICES

CHINA 10.9% 10.8% 40.5%

PAKISTAN 20.8% 24.3% 54.9%

SRI LANKA 12.8% 29.2% 58%


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INFLATION RATEINFLATION RATE (2009)(2009)

COUNTRY INFLATION RATE RANK

CHINA -0.8% 9

PAKISTAN 14.20 % 211

SRI LANKA 3.40% 107


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INDUSTRIAL PRODUCTIONINDUSTRIAL PRODUCTION

GROWTH RATEGROWTH RATE (2009)(2009)

COUNTRY INDUSTIAL

PRODUCTION

GROWTH RATE

RANK MAJOR INDUSTRIES

CHINA 8.1% 8 mining and ore processing,electronics, transportation

equipment, machine building

PAKISTAN -3.6% 101 textiles and apparel, food

processing, pharmaceuticals,

construction materials, paper

products, fertilizer, shrimp

SRI LANKA -0.9% 75 processing of rubber, tea,

coconuts, tourism


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IMPORTS & EXPORTSIMPORTS & EXPORTS (2009)(2009)

COUNTRY EXPORTS($) IMPORTS($)

CHINA 1.194 TRILLION 92.5 BLN

PAKISTAN 17.87 BLN 28.31 BLN

SRI LANKA 7 BLN 9.6 BLN


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CHALLENGES AND FUTURECHALLENGES AND FUTURE

PROSPECTSPROSPECTS


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CHINA (CHINA ( reasons for highreasons for high

development)development)

y Rapidly growing private sector

y The opening to foreign trade and

investment

y Huge state investment in in infrastructure

and heavy industry

y foreign trade as a major vehicle for

economic growth


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CHALLENGESCHALLENGES

y sustaining adequate job growth for tens of

millions of migrants and new entrants to

the work force

y reducing corruption and other economic

crimes

y containing environmental damage related

to the economy's rapid transformation


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SRI LANKA ( reasons for lowSRI LANKA ( reasons for low

development )development )

y Increased violence and lawlessness in the

country has hindered the progress

y high budget deficits

y high debt interest payments,

y fundamental policy failures and structural

imbalances in the economy

y Low industrial sector growth


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HURDLES IN THE WAY OFHURDLES IN THE WAY OF

PAKISTANS ECONOMICPAKISTANS ECONOMIC

DEVELOPMENTDEVELOPMENT


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ECONOMIC OBSTACLESECONOMIC OBSTACLES

y Non availability & under-utilization of

resources

y Poverty

y Inefficient trade & Commerce

y Weak Infrastructure facilities

y Weak Economic structure

y Unfavorable Foreign Economic Affairs

y Capital Flight


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SOCIAL HURLDESSOCIAL HURLDES

y ILLITERACY

y POPULATION PRESSURE

y LACK OF HUMAN CAPITAL

y GENERATION GAP

y CONSERVATIVENESS


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ADMINISTRATIVE OBSTACLESADMINISTRATIVE OBSTACLES

y USE OF AUTHORITIES

y CORRUPTION

y FAVOURITISM

y RED TAPISM


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POLITICAL HURLDESPOLITICAL HURLDES

y RAPID CHANGE OF GOVERNMENT

y POLITICAL CHOAS

y POLITICS & INVESTMENT


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SOLUTIONSSOLUTIONS

y reduction of debt burden

y Improvement in public expenditure

management

y restructuring the economy to enhance

the efficiency of the agriculture and

manufacturing sectors

y achievement of self-sufficiency in foody direct foreign investment


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BibliographyBibliography

y CIA world fact book

y Wikipedia


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THANKSTHANKS

Development economics of china and pakistan.

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Transcript of Development economics of china and pakistan.