Pricewater-house-Cooper (PwC) published a report in 2017, anticipating that Pakistan’s “economy could become the 16th largest by 2050 based on its gross domestic product (GDP) at purchasing power parity (PPP).” The experts at PwC estimated Pakistan’s economy to reach a staggering $4.2 trillion by 2050 and placed the country among some of the world’s top […]
1.9 Billion Fall Short
Sunday, December 19, 2021 – The world was watching in sheer eagerness, and all eyes were on Islamabad. The 17thExtraordinary Session of the Council of Foreign Ministers on Afghanistan was at the very beginning a landmark event for Pakistan. The country populated with over 96.5% Muslims, which does not even make it to the top […]
Increasing Exports is the only Way to Growth
In June 2021, I wrote an article titled “Sustainability Mantra: Exports, Exports and Exports.” I was convinced back then that the only salvation for Pakistan’s growth was a dramatic increase in exports. But unfortunately, all previous governments and institutions have only ignored and misunderstood the real power, and the impact exports can have on a […]
Politician or technocrat?
In Book Six of The Republic, Plato describes a conversation between the founding father of Greek Philosophy – Socrates and Adeimantus, where he openly questions democracy and even the democratic electoral process. Socrates believed in a more technocratic form of governance that would entrust only educated and well-informed individuals with the right to vote and […]
The political equilibrium
After more than seventy years of independence and swinging between governance models and political parties, The Islamic Republic of Pakistan finds itself in a state of intermittent agitation and democratic ideologists confusion. This ideologists confusion at times is given the name of joint part party movements, or passed down to generation, presented as glorified personas […]
Panacea for our moral gangrene
Reinhold Niebuhr’s 1932 classic Moral Man and Immoral Society states that, “the will for power inevitably dominates the will for good.” Nations crucify their moral rebels with their criminals upon the same Golgotha. Imran Khan popularly referred as a political maverick faces a somewhat similar fate at the hands of opposition joined under PDM (Pakistan […]
Learning lessons for Pakistan economy: Chinese perspective
Pakistan’s interactions with China will be greatly related to economic situation of the latter. If the Chinese market looks prosperous and innovative, the expected collection of projects China has included in the CPEC investment program will yield rewards. Latest information published by the Chinese authorities shows a GDP growth rate of 2.3% in 2020, making […]
Sustainability mantra: exports, exports and exports!
The true objective for the country is to achieve sustained growth in exports, which can be accomplished only if the growth trend for the next 10-15 years persists at a higher level. Export sustainability is the only formula for coping with Pakistan’s economic distress, as industrial export activities in the country would help ensure maximum […]
Power of dreams
Over the past few decades, Pakistan among listed as the developing economy has faced major problems on a broad range of fronts, varying from poverty to emissions, climate change and water pressure, among many other things. In size as well as distance, these relatively close problems need ‘major’ answers. To be accurate, the answers need […]
Pakistan textile industry windfall: sustainable or fizzle
Textile exports of Pakistan seem to have stabilized substantially from the Covid-19 pandemic shocks and are still increasing. Recent monthly data released by the Pakistan Bureau of Statistics for the first four months of the current financial year shows that exports of textiles and garments are back on a pace of growth in terms of […]