RE: Hydrocratic dreams

May 15, 2011

Dr Hari Krishna Upadhyaya
Chairperson, CEAPRED


Dear Hari Krishna jee


Thanks a lot for pointing out an “error of commission.” I have quoted the number for Saudi Arabia from the following source:

http://www.nationmaster.com/graph/eco_gdp-economy-gdp

According to which GDP of Saudi Arabia is $ 309 billion; not trillion as has been erroneously printed.

However, this still doesn’t disprove my contention.

PS: I appreciate your pointing out this oversight. I will request the editorial team of NT to rectify it.


With best regards,

Sincerely,


Ratna Sansar Shrestha, FCA
Senior Water Resource Analyst
http://www.ratnasansar.com/

From: Hari Upadhyaya [mailto:hari.ku@hotmail.com]
Sent: Saturday, May 14, 2011 22:47
To: rsansar@mos.com.np
Subject: RE: Hydrocratic dreams

Dear Ratna Sansar-ji,

I just had a quick reading of your article. As usual, I found your argument on the subject logical and forceful. Just a factual error, though. Saudi Arabia's GDP is only about US$ 376 billion, not $309 trillion as quoted in your article. In fact, there are only about 15 countries in the world with GDP of more than a trillion dollar. The GDP of China, the second largest economy in the world, is only about US$ 5 trillion.
Best regards,

Hari

________________________________________

From: rsansar@mos.com.np
To: rsansar@mos.com.np
Subject: FW: Hydrocratic dreams
Date: Sat, 14 May 2011 07:25:53 +0545

Using hydro-dollars to mitigate our trade deficit is a mirage