Pakistan

WEF report: Pakistan leaves India behind in IDI

Ranks 52nd among 79 developing economies in Inclusive Development Index

APP January 17, 2017

Jimmy Wales, Founder and Chair Emeritus, Board of Trustees, Wikimedia Foundation. PHOTO: REUTERS

ISLAMABAD: Pakistan has been ranked 52nd, ahead of India, among 79 developing economies in the Inclusive Development Index, according to a World Economic Forum (WEF) report.

WEF’s ‘Inclusive Growth and Development Report 2017’,released in Davos, Switzerland on Monday, said that most countries were missing important opportunities to raise economic growth and reduce inequality at the same time because the growth model and measurement tools that have guided policy-makers for decades required significant readjustment.

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Lithuania tops the list of 79 developing economies that also features Azerbaijan and Hungary at second and third positions, respectively. India has been ranked 60th, below neighbouring China and Pakistan.

The Inclusive Development Index (IDI) is based on 12 performance indicators. In order to provide a more complete measure of economic development than GDP growth, the index has three pillars – Growth and Development, Inclusion and Intergenerational Equity, and Sustainability.

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China is ranked at the 15th position, Nepal (27th) and Bangladesh (36th). Two BRIC nations, Russia and Brazil, are at 13th and 30th places, respectively.

Published in The Express Tribune, January 17^th, 2017.

COMMENTS (15)

numbersnumbers | 7 years ago | Reply Would this economic news item have been printed on ET if the rankings were reversed, with India beating Pakistan? Definitely not!

Tom | 7 years ago | Reply What does this mean? Out of the 3%growth, more people are involved? Big deal. !!!!! If India can get the 7% growth of its economy extended to more poor and the lower middle class, India will grow at 15% a year.

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Aaron | 7 years ago | Reply That's because everybody is poor in Pakistan. Equality - Pakistan style. Compare the per-capita incomes of the two nations.

JRR | 7 years ago | Reply Now that's what the 2 nations should compete for. Any thing that improves the life of ordinary citizens at both sides is what matters at the end and is the real sign of prosperity. Better to have a rivalry on these issues than anything else.

Pakistani-Khi | 7 years ago | Reply Yeah we can credit the success to PML(N) but be realistic to assume that pressure of strong opposition for betterment cannot be ignored as well.

Ch. Allah Daad | 7 years ago | Reply After another term of PML(N) government and Pakistan will be ranked with China. Now we understand that Why Imran Khan has gone all out to apply breaks.

SA | 7 years ago | Reply Good work by PML-N

PrakashG | 7 years ago | Reply No state in India is complaining of being discriminated by the centre; while there is constant strife in Pakistan about Balochistan and some other regions being left out of the development projects. If the growth is indeed inclusive, why the unrest?

Mayor | 7 years ago | Reply India has 5 times the population as Pakistan. The wealth distribution won't equal obviously. But hey Pakistanis can celebrate. They are a economic super power in South Asia now.

Vectra | 7 years ago | Reply What's new in this, India has a population of 1.3 billion where it is obvious that the inclusive growth based on equality will take time as compared to countries with less population generally and that is the reason why nations like Azerbaijan,Hungary and Lithuania comes 1st.As for China their 15 the spot is questionable due to their closed or non transparent system.

FAZ | 7 years ago | Reply @Ali: It has nothing to do with Nawaz Shareef. Its you and I that make up the GDP. realize your power. It has however a lot to do with improved security and I hope you will not give credit of that to Nawaz Shareef.

wiserneighbour | 7 years ago | Reply wow.Its time to pass a resolution in NA.Atleast in this pakistan is ahead of India.

Chacha Jee | 7 years ago | Reply What a relief to Pakistanis.

James | 7 years ago | Reply When india lose they call it rigged. They live in their limited mindset of greater india. 50% indians does not have toilets and they have extreme poverty more than africa but they think they are no 1. Drenched into biggest Inferiority complex among 3rd world nations

Ali | 7 years ago | Reply And the PTI fans will keep on saying "The poor is getting poorer!". The ranking suggests that is not true. At least we are finally making things right.

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