How can Pakistan get out of its Economic Crisis? | On the Mic #44 

Timestamps: 0:00 - Introduction 1:50 - Pakistan's political/economic history & structure 9:15 - Why haven't there been political/economic reforms? 14:30 - Pakistan's recent political & economic situation (PPP, PML-N, PTI) 30:30 - Pakistan's current economic crisis 35:20 - What should the current government do? 38:40 - Populist vs "effective" decisions 44:20 - How can Pak move forward (with structural reforms) + does Pak have a free-market system? 55:27 - Outro

Excellent analysis of economical history of Pakistan.

I actually value Uzair's analysis/opinions. Great guy.

Great episode, maybe more episodes on understanding politics in pakistan would be nice

Hope these two economists know about word ecosystem. It can’t be created over night. If india has today favourable ecosystem, please understand it took india more than 30 years. China started changing its system 10 years earlier than India and for last 10 years Chinese pace is very fast and India is now entering on the fast pace growth. There is no immediate hope for work. Probably Pakistan has to face one serious shock probably bankruptcy. That’s the only way to sensitise Pakistani public.

I respect UzairYounus a lot but please stop saying that deaths were less due to covid in pakistan. At the peak of covid, pakistan was testing less than 30k and this included antigen tests, where as even the state of karnataka in India was testing close to 200k every day. When u don't test at all, obviously covid related mortality will be less.

i think, the best solutions is to have a lots of kids - this should take care of everything!!!

If Jinnah was alive for at least another five years after Pakistan was established, the history would have been completely different. Jinnah died early and Pakistan didn't even had constitution for as late as 1956 or so. Coupled with that take religion and dictatorships lead to deterioration.

Hamesha naajuk halat mai rehta h pakistan 😂 btw good podcast.

Timestamp please?

Not sure why Uzair doesn’t say that the elite-capture has been since 1947. Most Muslim League leaders were elites.

it can be done but it's hard. because more people gonna oppose it than support it (Not general public) needs to change at the grass-root level .

Please let the guest talk do not interrupt

The only thing pakistan could do is sail along with big boat which is adding 500bn $ on average every year to gdp... Tata realised that they can't keep with cheap ceramic of Bangladesh so they do MOU to import ceramic from Bangladesh to huge domestic market in india & export heavy vehicles to relatively increasing market.. just wait for 10 year how SAARC - Western Neighbour will take over our regional intra trade if China could be check market by market forces of west & Asean.. Hope sense prevail in western neighbour too..

When you invite the guest try to give him more time to speak

Uzair yonus wo admi hai jo pasiey k liy pml N k boot b polish karay ga

Pakistan is created for jamidars and jaigirdars of UP and Bihar

China ke baare me bolte hi net nhi chalne laga

Ye banda urdu kion nai bolta

Pakistani 'intellectuals' conduct their research in such a way that they always find India in a very bad shape. For instance, Pakistani IT 'experts' went on saying that during the pandemic, India's IT industry suffered a lot and much of the business moved to Pakistan. Ok. Let us look at the export numbers. Nice joke. The host here basis all his research stated that the agricultural sector in India is in a mess. Ok. Let us look at the facts. India is exporting wheat worldwide. In fact, the UN and IMF requested India to not stop wheat exports. Can you guys ever get rid of your hollow bravado and hot air? As on today, your country is very eligible candidate for being christened as a banana republic. Get a life boys!

इमरान खान के नए पाकिस्तान में... आप ने घबराना नहीं हैं! गाड़ी में पेट्रोल डलवाना नहीं हैं! पेट भरके रोटी खाना नहीं हैं! और कोई काम काज करना नहीं हैं… केवल RU-vid में वीडियो बनाके post करते रहो! عمران خان کے نئے پاکستان میں آپ کو گھبرانے کی ضرورت نہیں! گاڑی میں پیٹرول نہ ڈالو! پیٹ بھر کر روٹی نہیں کھانی چاہیے! مزید کوئی کام نہیں… صرف یوٹیوب پر ویڈیوز پوسٹ کرتے رہیں!

aise armchair economist marwayenge pakistan ko.... how can they not see food shortages on top of empty pockets in near future

Two fools discussing the serious topic of economy. Just feeling happy due farmers agitations which was political in India without realising India’s food production and wheat and rice yields which is double than Pakistan. India for last two years giving 5 Kg of wheat or rice and one kg of dal per person per month. India have two years good stock and more than $600 billion FE reserve. If you two want to talk about India better have better data. Pakistan is on the verge of bankruptcy. Lastly you want to bring FDI without knowing the export market and exportable goods and services. Have you examined the impact of Islamic radicalisation in Pakistan.

Bangladesh at 50: From 'basket case' to rising economic star: Before the onset of the coronavirus pandemic, the economy was growing rapidly, recording an annual expansion in the range of 8% for years. The Asian Development Bank said that despite the hit from the pandemic, Even in coronavirus pandemic GDP growth was 4.5 in 2020. the Bangladeshi economy is recovering fast. "Bangladesh also grows enough food now to feed its 165 million people. The country has a significantly reduced maternal and infant mortality rate than many other countries in the world," Bangladesh achieved middle-income country status in 2015 and is on track to leave the United Nations' Least Developed Countries list. Currently, 98% of children nationwide have finished primary school, with more girls in secondary school than boys. Literacy rate rose to 74.9 % in 2021 from 26.8 % in 1974 According to Global Gender Gap report 2021 by the world Economic forum, Having closed 71.9% of its overall gender gap, Bangladesh is the most gender-equal country in South Asia for the seventh time in a raw. world Economic forum say the Muslim-majority nation over the years has invested heavily in the lives of women and girls. It has also made progress in combating child malnutrition and reproductive health. With a GDP of over $409 billion (€362 billion), Bangladesh currently has the world's 37th largest economy and forecasts suggest that the size of the economy could double by 2030 and Bangladesh will be the world's 26th largest economy Bangladesh has became a food sufficient Country ,the country became 4th largest producer of rice 3rd in vegetable and 4th largest producer of fresh water fish in the world . Over 97% of medicine made in Bangladesh , Currently Bangladesh export medicine more than 140 country . The garment industry emerged as one of the nation's success stories in recent decades. It is the second-largest globally, only surpassed by China, and rakes in over $35 billion a year from exports.in 2022 only RMG export crossed over 42 Billion USD The sector employs 4 million people, the majority (80%) of whom are women, contributing to female empowerment. Meanwhile, the Bangladesh government has set an overall target for exports amounting to $51 billion in 2022. Remittances also play a major role in the economy, with Bangladeshi workers employed abroad transferring nearly $24.7 billion in the fiscal year 2021. "Per capita income has increased in Bangladesh. Now it is 2550 USD higher than India .Foreign reserve almost 45 Billion USD The improvement in female education has transformed the socioeconomic structure, Providing scholarships for women's and girls' education is another factor. The women are now more articulate. Net Enrollment in primary school 97.91%. Life expectancy more than 73 years .poverty rate is decreasing less than 10 %. more than 100 million people are using internet regularly. Power sector also made huge milestone of 100% access to Electricity in the golden jubilee year. The country successfully launched its first satellite " Bangabandhu -1 "on may 12, 2018 and became 57th country to have own satellite in space. Bangladesh is not resting but building 100 Economic zone almost 11 Economic zone ready for production and also building 28 hi-Tec park for ICT export .Bangladesh has set a vision to be a developed nation within 2041 . Despite of facing cyclone, flood ,climate change effect and very harsh border with army ruled Myanmar after all this happening in each and every year Bangladesh comeback strongly effectively in every sector of the country.