Natural resources vs. the need for Sustainable economic growth

Despite being rich in all-natural, material, and human resources, why are we suffering from economic problems? This question certainly bothers the conscious and educated Pakistanis to some extent. China became independent after Pakistan in 1949 and at that time China’s condition was worse, the long war had weakened China’s economy while its infrastructure had been destroyed and thus, China’s reconstruction process was extremely difficult. As difficult as it seemed, no one could have imagined that in just seven decades, China would become the world’s second-largest power, as the country had been embroiled in a 22-year civil war. Industries and the economy suffered the worst, leaving only 15% at the time of China’s independence. After the victory of the Communist Revolution in China in 1949, the Communists occupied Beijing, after which China began to make astonishing progress. When Pakistan became independent in 1947, our situation was many times better than that of China. Is Islam an Outdated Religion? Coronavirus: The Unlearnt Lessons? When not only Pakistan but both Pakistan and India gained independence from British rule, these two countries were not as devastated as other newly independent countries and in many respects were better than other countries. Allah Almighty has blessed … Continue reading Natural resources vs. the need for Sustainable economic growth