Book Review | Issues in Pakistan's Economy | Arslan Zahid Khan |
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- Опубликовано: 7 сен 2024
- #CSS #ArslanZahidKhan #BookReview
In the last five decades, Pakistan’s economy has, as they say, gone
places. Undoubtedly, this economy is much more broad-based, with
increases in productivity in all sectors, incomes (even if nobody believes it),trade, infrastructure, social sectors. Living standards and consumption levels and patterns are more diversified than those in the early years, though the benefits are unevenly distributed. Such disparity and imbalances created additional complications because of a rise in expectations, which is invariably faster than production capacity and income increases. Developing countries, soft societies as these are, must face problems emerging from the resulting frustrations and frictions.
Pakistan itself is a case study of the consequences of rapid growth
outpaced by both frustrations (due to unequal distribution of the fruits of
such growth) and friction (between regions). The decade showing the
highest growth rates per annum ended with the breakup of the country,
which is a reminder of the fact that growth is a mixed blessing.
There is no dearth of explanations of what went wrong with both
our politics and our economy, and the mistakes committed. There are
troubling questions to answer and to re-examine past policies to make sure that the same mistakes are not committed again.
S. Akbar Zaidi, one of Pakistan’s more creative intellectuals and
economists, in his fourth book has undertaken the task of not only
describing Pakistan’s development efforts in its totality but also rationalising why our national policies failed to hold the country together, how the social inequalities were created and also if all this was inevitable. Capitalist .Zaidi’s analysis of past policies, and his appraisal of sectoral and national policies, of the nature and quality of economic development is forthright and categorical. There is no attempt to soft-pedal opinions that are likely to be challenged. He criticises Ayub Khan’s functional inequality in terms of the Marxian criticism of the capitalist system. He is also sharply critical of the structural adjustment programme of the IMF. His explanation of Bhutto’s economic difficulties as ‘bad luck’ and sympathetic treatment of his policies may not be acceptable to many people. But the author has produced impressive evidence and sufficient arguments to produce a credible case. He also decries the poor performance of the social sectors, largely because of lack of political will and commitment on the part of the ruling elite and the government. The discussion on why economic development, even at the best of times, failed to promote the growth of the social sectors is remarkable for its clarity and strength of arguments.
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جب اکیڈمیز لاکھوں روپے بٹور رہی ہوں ؛ ایسے وقت میں علم کی شمعیں جلانے پر سلام۔۔۔۔۔۔۔
To sum up
3 phases
1. Experimentation phase-1947-1979
*Ayub' Howard trickle down approach
*Bhutto's nationalization
2. Era of Twisted economy
*Aid based economy of Zia
*Musical chair game of throne between Pmln and PPP
3. Era of problematic economy
Mushraf- Consumer Credit model
Nawaz Sharif - Crony capitalism model
Imran Khan- Riyasat e Madina
Major issues with Pakistan economy
1. Policy implementation issue
2. Fiscal federalism
3.Fiscal policy problem
4. Washington consensus
5. Development paradox
6. Inequality in class politics
Thanks for summary
god bless your bro thanks
Jazak Allah for summery
"I think this was the best teaching style I have ever seen. Your explanations are so clear and thorough that everything becomes easy to understand. Thank you for your excellent work!"
Main problems
1. Import of
- Luxury cars ( stop import of car which value is more than 30 lac) .
- un necessary items - PEPSI - COCA COLA - BISCUITS - Mobiles - electronic items -
2. Administration expenses
- expenses of Ministers , bureaucratic, PM, Governors, CMS
3. Money laundering
- in Begs through diplomatic channel - PM & Ministers visits to Qatar-Dubai-UK
بہت ہی زبردست رویو تھا سر اور بہت ہی اسان الفاظ میں اپ نے سمجھایا ہے بہت شکریہ
That is a very commendable stance--- reviewing a book on weekly basis.....
A real tutor that i have never seen befor u, u are the one who can change our dreams to reality. More power to u and stay blessed!
The method of speaking is fantastic❤❤❤
One day I found a treasure and that was..... Your channel sir.
Thank you so much.
Sir keep uploading videos
what could be more Good then getting a book review by SIR ARSLAN ... LOVE U SIR
Great work Sir. Highly appreciate able
Excellent review. One of the best videos I have ever overcome. It has resolved all my concerns regarding economic issues of Pakistan. More power to u sir. Keep uploading such material. May Allah bless u.
It looks like your Channel has been recommended to me(I'm Indian🇮🇳).
I watched your video. I would request you to know your point of view of Pakistan's Geo-politics and economy.
Although it would be very very difficult for me to understand Urdu since Hindi is not my mother tongue.
Such a great initiative!
This activity can really revolutionize understanding of the students preparing for CSS exams and the general public can also benefit from it. Students don't read quality books and resultantly their understanding of various issues is flawed and but such reviews can inspire students to consult quality books for their preparation.
Great work, Arsalan Bhai. Felt like I read the whole book in 30 minutes
Sir thank you. :) ma sha Allah see you got your ajr. And you will get more and more in future too IN sha Allah.
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.
It is really very helpful for such students who have no idea of country's economocal background
Simply amazing! The way you explained everything is just phenomenal. Your review urges me to read this book ASAP. More power to you sir! Keep uploading the reviews of other books.
May Allah be always with you, you are doing exceptional work. Please don't stop
I deeply appreciate your work in this video. I have been looking for answer of my question which is What is the future of Pakistan? I believe you have answered that briefly. Look forward to have more such realistic videos specifically on social divide on basis of political religious and economics. How Pakistan as a society mocing? Thanks.
Same words.i have a assignment Toady'this same little bit question,where will be Pakistan after 5 years.
JAZAKALLAH for such a comprehensive review of book.
greatly appreciated.
Well elaborated. Look forwarding for new book review.
Arsalan bhai, you are great your hardworking towards this informative video is outclass, thanks😊
You are doing justice with your job.
I Can Just Say Thankyou. Much Appreciation For the Effort and Such an Amazing Outcome.
Sir,such teachers like you is difficult to be fond.....
All your lectures helps alot in preparation sir. Keep uploading such a valuable content for your students. I learned alot from you sir especially sense of critical analysis. Your efforts are highly appreciate able. Jazak Allah hu khair.
Acha waqi
Sir ,you have been playing heroic role for us .
Hats off to u Sir! V.well explained the topic of economy ❤❤❤
lecture was very informative
thanks Sir for making such type of vedios❣
Really a commendable and well explained lecture.
Ma sha Allah,May Allah give you countless reward,keep it up respected bhai
Such a good and deteiled overview of economy.Thank you sooooo much sir
Outclass Way To Review And Define Our Basic Economy Problems
Well done Sir! The way of explanation is outstanding.
Thank you so much sir.. You explained it very beautifully 👍
Very informative thank you so much sir....for your great work
Very well explained sir. Thank you
Khush kita je Murshad :-). Sda Abaad rhvo AMEEN
V.v.v Good ... Pls Keep on ... Ap dfrnt books py kindly Reviews Vdo bnty rhyn salamt rhyn
Book review on weekly basis is great idea. Keep it up Sir
Such a marvellous explaination on economic issues of the country. Detailed and indepth view of the issue. Commendable job . Keep doing the great work... 👍
That's the first video I have ever listened on economics of Pakistan ♥️
Thank you Sir
Very interesting book
S Akbar zaidi sb
We will wait of you in next lectures
Allah hafiz
Good job Sir, we hope inshaaallah you will help us and guide for further.....
Outstanding review.😇😇👏👏🤗🤗very very helpful material.may Allah bless you.
Awesome vedio jazakAallah sir .its really fruit full for us.I have cleared my All question why Pakistan under this economic condition.
Bhtty zbrdsttt ...Itss really a nice way to provide knowledge to evryone..Itss greatt jobb ..
excellent, fantastic, mind-blowing,
sir, I'm requesting to you plz upload a video on current economic policies, state bank amendment, mini-budget, and IMF POLICIES regarding Pakistan.
Industrial ho ya agricultural sector we must adopt new technology and latest tools.out put will be evident .
Thanks sir I feel so much happy to know that people are present in pakisan who thinks about a common person prosperity
Wao the great effort and the beacon of knowledge u sir.
sir your way of teching style is very interseting .you make our prepration easy.sir plz come up with more videos thanks .and we will also support you sir.
Thank you Sir, you really cleared all my quarries regarding this imp topic......thanks once again..
thank you sir stay blessed
Great effort sir ❤ waiting for many more reviews and topics
Very very well explained 👍
The way you explain is exceptional.
Very nice.
Waiting for your next video on economic crisis. Please make more book reviews.
Great initiative
Thanks. 😃😇
JazakAllah sir . U cleared each n every point ..
Great sir marvelous explaination keep continue ❤❤
thank you soo much very informative Allah apko jaza de
JazakAllah o Khair sir for your marvellous effort..
Great to catch u again:)
21 lessons for the 21st century,NEXT,plz!
Great sir❤️ one my favorite tutors
I've read this book. And you seem like you've memorised this book by heart. Impressive. Very informative review.
Book name??
Fascinating...Jazak Allah Sir
Sir I am thank full to you .this is very helpful video 🙂👍 for my assignment.
Sir , no words to explain these ...mind-blowing...sir plz online classes ka bata de
Aoa Sir, exams are coming. You make it so easy to understand it. 😊🤗🌸 Please, please post more book reviews. Twice a week.
Lecture was very informative sir thank you so much
Appreciate Appreciate ☺️
Very good and informative video please upload
You should also make a video on how to overcome all these problems ....suggestions and feedback .
Kmal sir...what a detailed review
I really appreciate your work
Sir, finally also describe the solutions to these problems...
Behtareen Ma Sha Allah 🥰
Superb Sir.😊✌
Keep posting and helping us.
Please upload reviews on other important css books.
Bundle of flowers and hearts for your lovely explanation 💝💝💝, sir 🌺🌺🌺
Sir your sharing the knowledge about economy in Pakistan
It's a good review but you've summarized a rather article not the whole book. I've read few chapters. it's very deep and carries vast analysis based arguments. please make another video with much deeper ideas of book.
Highly appreciated move sir
Issues.
1. Policy implementation
2. Weak and unstable political system..
Areas identified/issues
1. Policy framework issue- non identification of issues ie agriculture, land, industrial based policies needed. etc
2. Fiscal federalism - fiscal powers couldn't devolved to lower tiers of government from federal to provincial and provincial to LG. It has caused tax collection issues.
3. Fiscal policy problems - fiscal deficit: taxation system fragility, loss of soes, bureaucratic and military meddling, politics and economics interwined, lack of private sector bc of elite interests in public soes..
Always be happy sir
Great job sir 👍👍👍
Sir very good explanation 😊
Sir kindly make a video on writing skills how one can excell in writing skills which is very important for attempting questions. That will be very kind act from you. Thank you
Great efforts 🇵🇰❤️🇵🇰
You are the best teacher
Sir keep posting videos you have been very much helpful.!!🙏🙏🙏
Incredible.
Great job sir. More power to you.
Had a good experience ❤️👍
Great book very well explained.
Please upload more videos about important book reviews for example books on Pakistan issues
Mashallah Sir. Allah bless you.
Best lecture sir; ❤❤❤