Twirp : Terrorist Wahabi Islamic Republic Pakistan

[SSridhar]

<!--QuoteBegin-Mudy+Apr 11 2008, 01:25 AM-->QUOTE(Mudy @ Apr 11 2008, 01:25 AM)<!--QuoteEBegin-->Only 98%, Who is buying that 2%?
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I remember a detailed explanation given by the TSP equivalent of NASSCOM some time last year. It goes like this:<ol type='1'>[*]Assume real export earnings to be x. The inflated earnings, y, are derived as follows[*]Multiply x by 2 as for every dollar accounted for, another dollar remains unaccounted for. Software exports are therefore y=2x.[*]Multiply the figure in Step above by 4 as for every dollar brought in to TSP, 3 dollars are retained abroad. So, y=8x[*]TSP estimates that Mode 1 (i.e. Cross Border) revenue as USD 150 M, Mode 2 revenues (Consumption Abroad) as another 200 M, Mode 3 (Commercial Presence Abroad) as USD 450 M, and Mode 4 (Temporary Movement) as another USD 250 M.</ol>So, if State Bank of Pakistan receives 25 Million Dollars as revenue from Software Export, that quickly becomes USD 200 M (by the Djinn math of Step 2 & 3) and then with the other additions, it becomes USD 1.25 Bilion.

Kind of neat, eh ?

Very hilarious