How Bad Economics Is Destroying Pakistan | Pakistan Economy | Econ 

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As a Pakistani, I would say the real causes of Pakistan's destruction have been: 1. Corruption (since 2000, Pakistan has lost $174bn to corruption) 2. Lack of land reforms (feudal lords and family dynasties are to blame) 3. Prioritising the military over agriculture, education and healthcare (but instead, "Kashmir this, Kashmir that") The above factors have led to other horrible scenarios that work to accelerate the decline, like a vicious cycle: 1. Climate change vulnerability (floods, drought, heat waves) 2. A brain drain (800,000 professionals left Pakistan in 2022 alone) 3. Overpopulation-low income cycle (similar to what is happening in sub-Saharan Africa). To make matters worse, we have: 1. Ideological divides (left/right, Muslim/non-Muslim, Sunni/Shia, Islamist/secularist, socialist/conservative, capitalist/communist) 2. Ethnic tensions (Punjabis vs Pashtun, Pashtuns vs Baloch, Sindhis vs Muhajirs) 3. Skewed and nonsensical geography (refer to reallifelore's video) Toss in religious extremism and terrorism and it's no wonder why Pakistan has turned out the way it has. Replace Islam with any other religion and you would see no improvement, because Pakistanis are still Pakistanis; ultranationalists who know nothing about real patriotism.

Every country owns its army, but when army owns a country, it is Pakistan - Shashi Tharoor. I pray my neighbours get through this strong, love from India

The biggest problem is Pakistan's elite class is extremely unproductive. It's one of the most unproductive economies. Root cause is that there was never a time when democracy was able to progress, it's still a feudal system.

As a Pakistani, very well said. The military has been a very big issue. The government spends most of the funds on the military instead of the country. Other reason is that the country is politically divided, with corruption etc. One side never accepts political defeat, and continues to fight, holding strikes which further ruins the country, wasting time, money etc.

In Pakistan, ever since going to primary schools, we have been taught to love and respect our army and it’s clear why, so that they can do their deeds whilst we cannot blame them or else we are the “traitors” Our soldiers die because of their actions (such supporting wars in Afghanistan) and now our people will die because of their actions

Zulfikar Ali Bhutto in 1970's “If India builds the bomb, we will eat grass or leaves, even go hungry, but we will get one of our own. We have no alternative.” I think time has come now for Pakistani's to eat grass, leaves or stay hungry.

As a Pakistan, hats off for showing the real picture of Pakistan. The military is the major issue, all other things are minor and manageable.

As a Pakistani I can say the cause of this downfall was only one power and that's Military, they keep their monopoly in government by harassing and threatening civil institutes heads and take billions $$ worth of budget, but they will never let their powers go even if the cost is Pakistan itself.

Someone: *makes a video about pakistan* Indians in the comments section: "allow us to introduce ourselves"

Moral of this bad story - Don't support terrorist and military organisation that reduces foreign economic confidence

Today, Pakistan stands way below India & Bangladesh in several metrics, even though in the 80s, the country was slightly ahead of India in GDP per capita terms and socioeconomic development.

Pakistani here spot on analysis. Everything is f**Ked up, literally everything. Every aspect you name it. I don't think there is way out seeing the ground reality. We can delay default but it's inevitable it cannot continue on like this for longer. I can only feel sorry for my country.

"3 billion for 3 weeks", when was this number last updated 😂

How has Pakistan survived for nearly two months with just “three weeks of imports”? The forex reserve figure has remained unchanged in these reports for weeks.

As a Pakistani, I agree

Every country has a military, Pakistan military has a country. I am deeply ashamed with the state of affairs of my country.

As an Indian myself I don't care about Pakistan's current state but I do sympathies to people who just want to earn a living

The country where Military takes economic decisions, it is bound to happen!

Rarely do we get coverage about this issue that shows the corruption of the military and feudal families. This was a great video.

Very in depth and descriptive, thank you. I hope the unprofessional generals don't try to get this video taken down

In Pakistan. The military is the major issue, all other things are minor and manageable.

I feel so happy cause we (Bangladeshi ) got separated from the Pakistani regime in 1971 . Look at where we are now and where are they :) However feeling sad for the general people of Pakistan hope that They will be able to overcome this one day

You didn't mention ' R.A.W. Ki Sajish ' 😂

I do not care for the people of a country / region , but the beloved humankind as a whole , I hope they get through this situation.

On top of that, Summer is also coming. I still remember how horrific last year's heat wave was.

There is a historian TARIQ ALI who eloquently explains about this country...as long as the military involvement exists this country cannot escape from going into task...

Great episode, you have touched on thing that the majority shy away from. Thumbs Up.❤

Often times the best way to outperform the market amidst fall is usually to earn more and wait it out, but considering how down bad we are soaring inflation, I’m on the clock and I can’t help but panic considering I should be retiring soon, how do I grow my stagnant reserves of $300k I’m running out of options.

Amazing production quality. I'm so happy to see these levels of content coming from within India. Great work, you earned a new subscriber!

2:58 Thanks for showing correct map of India, on the video topic of Pakistan 😌

As a non-Indian, I approve of this video.

As an Australian Indian, it amazes me the extent of class divide in pakistan. I mean, india is quite bad with class divide but elites in pakistan are on a level.

Your narrator is well chosen with a calm voice, Simple explanations and well researched. Good work

What a damn great video!

Pakistan, Turkey, Syria, Iran, Bangladesh and most of the Muslim World are at risk of crises from multiple fronts. The most peculiar thing is that most of these crises are self inflicted as too many of the Muslim World are religiously backward and they always elect strong men with no competence to run the country. To make matters worse they also aligned themselves with authoritarian powers like China and Russia. Even though it’s already given the fact that Chinese and Russian are always underwhelming in terms of their support.

If Pakistan has to be “REIMAGINED” it is imperative that maximum social-economic benefit reach the marginalized & poor as per Unitarianism principles. This can happen when three critical conditions are met 1-Capability (of leaders, institutions, technology-based governance) 2- Capacity (financial resources, human talent) 3- Integrity (financial, moral & purpose) If you ask me---- Pakistan’s score is VERY LOW on all the three critical parameters.

Very thorough analysis

Very informative…Perfectly explained in just under 10 minutes.

you're editing is beast man, do you use premiere pro?

Thank you so much to use correct maps of india and pakistan ♥️ Love from india

Hello! You have made such an informative video about the current on going economic conditions of Pakistan which is based on actual facts. But, on the other hand when I find Indonesia where1 Us dollar price is above 15000 in Indonesian rupiah which is enormous and despite this they are surviving better than Pakistan in every aspect of trading, Indonesia is manufacturing auto spare parts as japan type quality and they are exporting to the rest of world, over here my question is how they are doing better than Pakistan?? where the price of each US dollar is about 300 in Pak rupees vs 15000 in Indonesian rupiah?? Kindly you must make a video on this topic so we could know about the surviving condition of Indonesian economy. Thank you!

The Time has finally come to eat your favourite dish - Grass

The problem is not religion or military costs. The problem is that Pakistanis like to import more than they export. And this is because everyone is chasing the lavish lifestyle and showing off rather than actually producing anything of value.

It is not destroying, but has destroyed. Now it is just wreaking havoc on the ruins.

1972: "We'll eat grass but will develop nukes!" 2022: "I'll sell my clothes To make the flour cheaper!" They really are men of words.

Beautifull presentation sir!

Also almost no one in the country pays income tax. Only federal workers pay it, every one else evades it or it isn't enforced at all. So then all the branches of the government, whether local, state or federal end up taking any money that comes through. There's corruption at every level and people are basically forced to fend for themselves. I'm just surprised how this country has lasted as long as it did and also why the people in power wouldn't want it to prosper. Makes no sense

*I feel sorry for the average person living in Pakistan!* (The politicians are as vile as anywhere else in the world!) What a shame!

Finally first time I saw India map correctly

Awesome video❤

Think about two neighbours, The richer neighbour has about 5 times as many earning members of family compared to the smaller neighbour. But the smaller neighbour has earning capability of less than 1/10th of the bigger neighbour. bigger neighbour buys a million $ car every year, the smaller neighbour buys a 1/2 a million $ car every year. The smaller neighbour has two wifes, so each of his wife spends as much as the single wife of the bigger guy does. Now tell me how the smaller guy does not become bankrupt.

My beloved country is finished by politicians and beloved Army 💔 As u said we need Hard reset!! So badly

As a Pakistani, I thank you for making this. Most of our people are blinded by our military's power, always saying "ThE MiliTaRy WiLl fIx ThIs" even though they are living in shit conditions. I do love our military but this is one of the problems that is happening right now because of them. The whole country is on fire. May Allah help us.

You have a new subscriber and a like for showing the correct map of my country in your video.❤️

Absolutely correct great video sad reality😶

I've been hearing that $3 billion worth of money left for the next 3 weeks for the past 3 months 😅

Excellent analysis

2:25 like for using right map of india

Genuinely curious - Is the turmoil in Pakistan really this widespread or is it limited to certain cities/sectors/people?

Great video! Really puts things into perspective. Just a few Corrections* Attock petroleoum isn't state-owned PSO is. SAPS isn't the civil aviation regulator but PCAA is. Also the map doesn't represent a neutral view as it should which shows currently de-facto controlled areas as part of Pakistan or India respectively.

Video is well done. good job

Does anyone knows what is the name of this sound effect? 2:10

Very well explained 👌🏼👍🏼👏🏼

the current situation of Pakistan can vary in terms of lack of job opportunities debts, and other factors but the main leading cause could be the military and bad politician's causing more corruption to the economy then it already has. To prevent a full fledged economic downfall they should redo economic policies and get better financial advisors and increase their industry for more job opportunities.

Well. I am from India. But in these times of crisis, I hope Pakistan comes out of this. Not that I have any friendly feelings for them but the common man in any country wants peace and happiness for his family. They do not wage wars. There are common people in all countries who only want a peaceful life. And keeping them in my mind, I hope Pakistan gets out of this quickly.

They kept correct map of Indian Kashmir ..kudos 🎉

Thank you for this video

Honestly, look at Pakistan it may have actually been a blessing that Pakistan separated from India. Can you imagine have 200 million Pakistanis as Indians, just how backwards India would be? I think even India itself would've demanded to separate with Pakistan but obviously, the big issue would've been they would've moved deep into India only to continue the same cycle. Be in a secular country, demand theocracy, see that it doesn't work, move to another secular country rinse and repeat

What happens when all the money is spent on building muscles(protein powder) and ammunition. Body starts to crumble internally.

Great content and good video! However please use a better mic. Your voice was bit hard to pick up on. Cheers! ✌️

Well defined n so postive reporting

Great Videos of all time ever seen, thats why I hv subscribe ur Channel. As a indian 🇮🇳 also felling bad for Pakistan.

Hope they learn their lesson and stop sponsoring terrorism around the world

Brilliant explanation!

Well it's exaggerated We don't receive Gas 24 hours day but Still receiving electricity

Happy for India's map👍

"send all politicians on a boat for a long vacation" well said.

very honest narrative

As an Indian, I think Imran Khan is best leader for Pakistan. He wants to do better but military doesn't allow him, that's why they replaced him.

Damn. Sorry for my country's behaviour guys. I'll try to do better in school so I can help fix this.

Karma catches up. Don’t harm your neighbors. When situation becomes grave, your neighbors will not help out.

India a story of Economic Growth and rise, Pakistan a tale of a failed state.

Amazing video

Hatred is like a hot coal that you hold in your hand hoping to throw it at your enemy. It may or may not burn the enemy, but it will surely burn you.

If a country's government and it's army spend their budget to fund terrorists and giving them safe homes. Instead of spending that fund on their citizens and economy. This is what the result looks like. Pakistan is the real example of that.

As a Pakistani living abroad I feel so bad for my people. The corrupt military and elites are embezzling and mismanaging the economy. The Pakistani people have been left to suffer in a vicious cycle of poverty and immobility. One thing Pakistan needs to do is to fund more into education. Through education people can exit the cycle of poverty.

The thing about Pakistan is that the government makes policies and decisions unilaterally as they only want one thing. Money. They don't think things through and the they're impatient. They rush decisions which inevitably caused Pakistans downfall. It started its quick downfall just sometime after Bangladesh detachdd from Pakistan. It really shows how dependent Pakistan was on Bangladesh.

One thing I would disagree with is that Imran Khan is not corrupt, when his government was in power they improved the trade deficit since previous governments used their reserves inefficiency due to corruption. His government also implemented various policies to improve the standard of living in the country

The two graphs at 06:22 essentially define the stark difference between India and Pakistan and why one is reaching the Mars while the other is reaching for the begging bowl.

Allamdulilah May allah keep its blessing upon pak in the same way and always keep them with a begging bowl. Inshaallah tala Allah keep them gifting with the likes of Imran and TTP's and TLP'S of the world. AAMEEN SUMAAMEEN 🤲🏽🤲🏽🤲🏽Love from Afghanistan.

Country without Vision dies - Dr. A. P. J. Abdul Kalam

I feel bad for Pakistani citizens but this country deserves it!

Amazingly True stats

Without military, Pakistan has to give up hope for Kashmir and that’s unattainable hope is dearer to them than the condition of actual living citizens

The fact is he knows more than me about my own country 😐

Once a legend said Indian army general cannot afford his son to send to Oxford for studies

Really nice video bro love from india

In my opinion ,Pakistan's case is different than Srilanka...... Srilanka collapse ,caused by a decade of mismanagement . The people then urged for a reformation of governmental systems. And now it's on the way to betterment. The key holder ,are the people. Whereas Pakistan ,the people seems to not care about the national structure /system'. They know that the military are corrupt ,but doesn't do correction. A big gap between the rich and poor ,but there's no action from the people. We can see that recently the rich are buying luxury Cars from Europe ,while their country is struggling hard to maintain it's economy. This situation has been running for decades...... It has nothing to do with China loans and recent global politics...... So the decision is from the Pakistani people itself........if they want to maintain the nation ,they should reform the governmental system' . Perhaps the constitution and laws should be reformed also.

When religion is more important than country this happened.