An informative lecture on how China became fastest growing economy in world

khalid100

Minister (2k+ posts)
Imran Khan says we must learn to manage economic growth and poverty alleviation from China. I welcome this idea. But please don't learn from what IMF says about China. China never followed the neoliberal mantra of the IMF. China didn't merely grow because they opened up, liberalised, and allowed free market capitalism. China's economic growth rate kick started because they eliminated feudalism in 1949. They continue to incorporate one of the largest state sectors of all the economies in the world. Poverty alleviation is impossible through the free market. So Khan sb, if you want to learn from China, here are my recommendations: Eliminate feudalism and forget free-market neoliberalism.

Taimur Rahman

 

shafali

Chief Minister (5k+ posts)
Wherever IMF has gone to "help", it has left a trail of destruction. In the short term, Pakistan has little choice but go to IMF but, in the long term, Pakistan has to stay away from this evil organisation which actually works for the benfit of rich countries, at the expense of poor countries.
 

islamabadi

Minister (2k+ posts)
Sustainable economic development requires long term planning. We need to build as many dams as possible to provide low cost electricity to industries and irrigate more and more barren land and save water. Lower priced uninterrupted electricity will lower input costs for industries. We then need an agriculture emergency and sustain our farmers. We have a huge coastline from Karachi to Gwadar with sunny beaches where we have to build tourist resorts....theme parks in public/private partnership. How many tourists do you expect to attract to the mountains of northern areas? Never in the millions. Most tourist resorts on the mediteranean coast in Tunisia and egypt target the middle age people looking to relax.....they target families.....such people are not interested in climbing K2s.
 

Scholar1

Chief Minister (5k+ posts)
Pak should get technology and start making cars and ban all imported cars and give insentive tolocal manfuctarings