I sometimes wonder in which direction Pak economy will move in the next 10-20 years.
I have a question for especially ppl with an economic background.
As you already knows that countries like japan, south korea, taiwan, singapore and germany are socalled "export oriented" countries. If there export falls one year or more the entire country are in economic troubles.
Wheras a country like america has an economy which is 2/3 based on internal consumption and 1/3 is based on export to international markets.
I would like to know under which circumstances you make an economy to either export oriented or you choose the american model ?
Secondly which one would be best for Pak in the future ?