Pakistan's underlying potential to be a regional economic powerhouse is greater than its counterparts'. - File photo

ISLAMABAD: Renowned economist and scholar Shahid Javed Burki said that Pakistan's economy can catch up fairly fast to the developed world, as compared with India, by adopting proper policy and fully mobilizing the available rich natural and human resources.

He was addressing the launching ceremony of his book 'South Asia in the new World Order' in Singapore, said a message received here Thursday.

Burki said that Pakistan's GDP growth had been double of India's growth rate of 2-3 percent for four decades 1947-1987. He quoted a recent Harvard University study which has mentioned that Pakistan's higher education sector was performing better than India and Bangladesh.

This, he attributed to the investment made by the private sector in education. Syed Hasan Javed, High Commissioner of Pakistan in Singapore who was guest honour on this occasion said South Asia is blessed with rich heritage and natural, physical and human resources.

He observed that the South Asian states could learn from Confucianism's teaching of 'Prosperity they neighbor' and the role model of ASEAN, in order to promote regional cooperation in the economic sector.

Prof. Kishore Mahbubani, Dean of the Lee Kuan Yew School of Public Policy endorsed the views of Shahid Javed Burki and the High Commissioner in order to generate a new thought process in South Asia.

Opinion

Diverging paths
15 Apr 2021

Diverging paths

The strategy paper shows a significant deviation from the commitments given to the IMF by Hafeez Sheikh.
Judging the judges
15 Apr 2021

Judging the judges

In the end, like Joan of Arc, they were made to pay with their blood.
People to people
15 Apr 2021

People to people

India and Pakistan are losing out on potential public diplomacy efforts.
Hostage to extremism
Updated 14 Apr 2021

Hostage to extremism

Once again, the TLP has succeeded in bringing the administration to its knees.

Editorial

15 Apr 2021

Afghanistan exit

THE Biden administration has now given a more definite timeline where the withdrawal of foreign forces from...
15 Apr 2021

New census

EARLIER this week, the Council of Common Interests approved the controversial National Population and Housing ...
15 Apr 2021

With no place to go

No matter where one looks, one can’t escape the heartrending sight of scores of children of all ages begging, ...
TLP protests
Updated 14 Apr 2021

TLP protests

For the good of the country, and its image as a nation where extremism has no place, such groups must be strictly reined in.
14 Apr 2021

PPP’s formal exit

THE PPP’s formal resignation from all offices of the PDM comes as no surprise after weeks of tension and public...
14 Apr 2021

Natanz attack

AS the P5+1 and Iran try to breathe life back into the JCPOA, as the nuclear deal is officially known, it appears...