Emerging Markets: India and Pakistan

Two emerging and conflicting countries in the world today are India and Pakistan. It would seem that these two countries that were originally one would have much in common. In fact, the differences are quite clear. From an economic standpoint to the conflict in Kashmir, India and Pakistan are two contrasting countries forged of the same steel. This paper aims to compare and contrast India and Pakistan. Both countries current level of development will be analyzed. The major factors that have helped or hindered economic development in both countries will be discussed. Finally, the level and impact of regional integration on development will be examined.
The subcontinent of India is one steeped in heritage and tradition. Civilization has existed in this area for the last 5,000 years (World fact book: India, 2005). Until only 50 years ago, both India and Pakistan were one country. …