Pakistan beats India on economic advantages due geopolitical location: Forbes
Pakistani government under General (Retd) Pervez Musharraf was successful in having its huge external debt, constituting 60% of GDP, written off.
This led to a major strengthening in Pakistani currency and an increase in inflow of foreign capital, with the country subsequently enjoying a burgeoning financial landscape, wrote contributing Forbes writer Panos Mourdoukoutas, who is a professor of economics at New York's LIU Post and Columbia University.
More recently, China's interest in investment in Pakistan as well as the China-Pakistan Economic Corridor has brought the country into spotlight. While tensions remain between Chinese and Indian leadership, Pakistan has fully benefitted from the next-door economic giant.