Forbes report: ‘Pakistan a potential global turnaround story’

By APP
Published: August 5, 2015
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PHOTO: Carnegie Endowment for International Peace

PHOTO: Carnegie Endowment for International Peace

PHOTO: Carnegie Endowment for International Peace Daniel F Runde. PHOTO: csis.org
ISLAMABAD: 

Pakistan has the potential to be a global turnaround story with its improving security dynamics and political stability, Forbes magazine said. 

An article titled ‘Pakistan: The Next Colombia Success Story?’ by Daniel Runde published in the American business magazine said PM Nawaz Sharif is governing with a competent cabinet.

It added that he was working with a majority coalition and in tandem with the military to deliver peace and security.

The writer compared Pakistan with Colombia of late 1990s but said Colombia today has a free trade agreement with the USA and a stable GDP growth rate.

The security situation has also vastly improved. “Similarly, Western headlines on Pakistan today gloss over the progress on the security front, the increased political stability, and incremental progress on the economic front,” he said.

Daniel said the US policymakers and business leaders need to look at Pakistan beyond the security lens. He said getting American relationship right with Pakistan will require deeper thinking and action on issues around trade and investment, education, and broader economic development.

On action against the Taliban, he said Pakistan’s improving security dynamic is the first change to note. 

Published in The Express Tribune, August 5th, 2015.

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Reader Comments (19)

  • Punjabi
    Aug 5, 2015 - 10:10AM

    It is quite evident for anyone discerning that Pakistan is making great progress on many fronts. Recommend

  • hope
    Aug 5, 2015 - 10:30AM

    InshaAllah :)

    P.S. now Indians will come and say Forbes has no credibility, the author is on drugs. Keep burning. :)Recommend

  • neutral guy
    Aug 5, 2015 - 11:05AM

    Uh oh, incoming comments from Indian trolls.

    Before the PMLNers show up and start saying that NS is an angel from heaven above, need I remind them that one of their ministers was caught taking a bribe on camera? And that the same minister didnt face any legal repercussions?

    Even as someone who hates PMLN however, I have to admit that this government, so far, is governing 100 times better than the previous PPP government. Probably because they’ve faced an unparallelled, real opposition that has forced them to work. The fear of losing votes and support to a 100% hostile opposition has surely kicked NS into action.Which I dont mind. By hook or by crook, good work is being done. Will people be able to say the same thing after the PMLN employe- I’m sorry, SC judges gave the JC decision that sucked the wind out of PTI? Time will tell. I hope PMLN keeps working and keeps in existence this stabilized and growing economy.

    As an open minded Pakistani who will appreciate any good thing any political party does and wishes to see only his country progress, I hope the country remains on the same path it is going; an upward, stable path. Recommend

  • Vectra
    Aug 5, 2015 - 11:14AM

    @hope,since you brought Indian here then how can we say out??,well Indian will not say either Forbes or author has no credibility but will definitely say that US business and US govt is no blind as is US Congress.Had they wanted to engage pakistan other than security they had done so long ago but they are voluntarily and willfully remaining out of this other than security.So what author says is appreciated but doesn’t matter much.Let alone US even China is not talking its best friend seriously and it can be evident from the fact from this report of Express tribune.
    http://tribune.com.pk/story/931743/pakistan-losing-chinese-market-after-beijings-trade-deals/

    If China despite naming such commitment theoretically but practically backtracking on it expecting and convincing US business community is a uphill task.Any ways good luck.Recommend

  • na1
    Aug 5, 2015 - 11:17AM

    i was actually reading this on forbes y’day, glad it got picked up by ET. Check the actual article out, well worth the readRecommend

  • L
    Aug 5, 2015 - 11:49AM

    @Punjabi:
    Hope my country starts treating all citizen equal irrespective where they have came from.Recommend

  • as
    Aug 5, 2015 - 12:03PM

    Hats off to the Forbes author if he believes emphasizing on making metro buses and other unnecessary projects and not making hospitals, schools, colleges etc will bring some growth. They must be living in their own wonderlandsRecommend

  • N.S
    Aug 5, 2015 - 12:10PM

    Come on ET or is it APP, you could have come up with a better picture of Pakistan. Like this one.
    http://www.skyscrapercity.com/showthread.php?t=1776016&page=11Recommend

  • sabi
    Aug 5, 2015 - 12:39PM

    Haters of NS are rudely shocked over his success as prime minister putting the train on track.
    Unable to deny the truth they are giving the credit to someone else.They are journalists they are anchor persons they are fake politicians and they are blind followers of dharna party.They will never changed and who cares because they are doomed.Recommend

  • sabi
    Aug 5, 2015 - 12:44PM

    NS and Raheel Sharif have defeated stausquo.What is left is whining and thumping of chests.
    We are amused to see dark forces mourning the defeat.Recommend

  • Pakistani Sindhi
    Aug 5, 2015 - 1:25PM

    Potential for single province of the country only, the people in the rest three provinces suffer from short budget-packages they receive from the lion-share reserved for the single province. Recommend

  • Aug 5, 2015 - 1:26PM

    A stable Pakistan is beneficial for India tooRecommend

  • Irfan
    Aug 5, 2015 - 3:03PM

    I see Indians and PTI on the same side. Bashing … Recommend

  • lkhan
    Aug 5, 2015 - 3:20PM

    @na1: thanks for recommending the original article, it is full of substance and excellent analysis. A nation which is finally on the right track, with complex problems, difficult neighbours not being the least of them, but yet on the right track. Great to read in Forbes views that portray the country as is, and not the usual international media that seeks sensational, subjective views, portraying Pakistan as a lost cause which it is definitely not. Recommend

  • Som Tyagi
    Aug 5, 2015 - 6:29PM

    Optimistic report. Stay positive. Don’t listen to naysayers. Good luck.Recommend

  • US CENTCOM
    Aug 5, 2015 - 6:53PM

    There is no doubt that the Pakistani security forces are working hard to restore peace in the country, and I am confident that day is not far when peace prevails throughout the country.

    Ali Khan
    Digital Engagement Team, USCENTCOMRecommend

  • Indian
    Aug 5, 2015 - 8:56PM

    @hope: Lol !! I have visited Pakistan several times and based out of New Delhi. Pakistan is miles behind India. India wants a stable neighbour and not a jealous one. A failed state ie. current Pakistan is more of a threat than a prospering Pakistan.

    As far as peace and security is concerned, India is not a threat to Pakistan, its their internal politics & Taliban & now the ISIS that will make it bleed.

    Hope you guys become stable in every sense and stop being jealous of its far superior & bigger neighbour. Recommend

  • Shahbaz
    Aug 6, 2015 - 1:17AM

    Keep up the good work NS.Recommend

  • shahid ur rehman
    Aug 7, 2015 - 10:41AM

    Indian once again have stood on the wrong side……. they were siding Russians once the whole world was at war with Russia……… Now again they (being a big market) are taken into the arms by MNCs (mostly US or Europeans) ….. Bad luck India as a SUBJECT nation you always behaved like that….Recommend

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