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Strategies & Market Trends : Closed End Global and Country Funds

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To: Mike McFarland who wrote (145)	1/3/1998 5:18:00 PM
From: Jyoti sharma	Read Replies (1) of 289

Mike, I do not have any opinions on Pakistani president. Pakistani politicians are worse than their Indian counterparts. Politicians in India and Pakistan are more interested in lining up their pockets than governing the country. My Pakistani friends tell me Benazir Bhutto had one of the most corrupt administrations. India has advantage of size over Pakistan and an educated middle class. India also adopted major economic reforms in 1991. British left India and pakistan with a bureaucracy which is still stifling the economic growth . For investment purposes I prefer India and will buy again on a major correction of 20% or more. In India their is also some risk of further devaluation of the currency. Jyoti

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