The GDP will be 15 times larger than it is now but the per capita income will still be the same or maybe a negligible increase might occur. Forget mention India which currently at 9, 3rd largest by 2028 and 1st by 2050. “We think they are missing something by not having us.”. We are already facing chronic food shortages, our infrastructure is already lagging behind and we do not have enough housing either. Mexican Economist Meade Kuribrena went so far as to suggest that, as a group of four countries, the Mints have more in common than the Brics. Similarly, it will also grow if a country is spending more money to curtail violence. Pakistan is also included in this group of the famous Next Eleven, bracketed with countries like Bangladesh, Egypt, Indonesia, Iran, Mexico, Nigeria, the Philippines, South Korea, Turkey and Vietnam. If economist O’Neill’s projections are correct, Pakistan’s economy would grow 15 times in the next 35 years or so. Egypt will move to No. ), the 3rd largest population in the world, Pakistan is projected to be only the 18th most largest economy. The key to survival in future is "Circulation of Money" i.e, is it in the safe or being circulated through all rich and poor. It would not be because of actual economic development since there will not be much in the way of change in purchasing power parity and income levels. Advisory council recommends Canada embrace trade, become global hub to ‘jolt’ economy, Breaking the chains — of global supply — isn’t a good thing for America, and Canada will suffer too, tap here to see other videos from our team. Jannat Mirza becomes the first Pakistani on TikTok to hit 10 million followers, Pakistani celebs speak up in support of Churails, Pemra asks broadcasters, advertisers to review biscuit ad following complaints, Taji Khokhar’s son arrested on terror charges, Why some Pakistani-American voters' anxiety over Kamala Harris is unjustified, Hong Kong affairs Beijing's internal matter, Pakistan tells UN panel, AFP Fact Check: This photo of JUI-F chief has been doctored to include a bottle of whisky, China urges US to drop 'Cold War' mentality, 15 years after the 2005 earthquake, students in Battagram continue to suffer, Born without arms, Pakistani snooker player masters the game, Editorial: Controversy around two Karachi islands calls for far more transparency than currently on display, Saudi Arabia calls upon citizens to 'boycott everything Turkish' following Erdogan's statement. Looks like most of us have not much hope in our lifetime. In-depth reporting on the innovation economy from The Logic, brought to you in partnership with the Financial Post. Unless otherwise stated, all content is Million(! projected population of around 500 Electricity will grow our local industries, The bearded man: Is Pakistan Army helping China deal with India's mountain warfare forces at LAC? So, if Mexico, Indonesia, Nigeria and Turkey get their act together, some of them could match Chinese-style double-digit rates between 2003 and 2008.