Is Pakistan's condition terminal?

Pakistan, after all, is not Laos or Sierra Leone.  It is a real country, too large and too centrally located to be casually written off.  It will soon have the fifth-largest population in the world, with 40 million more people than Russia. It already has the seventh-largest army in the world, and is closing in on the United Kingdom to become the fifth-largest nuclear power.
Yet Pakistan gives the appearance of a state not merely in decline, but in terminal decline.  Its institutions are broken, its economy lagging, its government finances slipshod, its social indicators deplorable. 

Also: 

Pakistan ranked 'most dangerous place for journalists' second year running

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