He is simply a teacher of economics and never served in some official position at official level or in some corporate organization. he has no experience of managing finance and economics practically with no exposure and experience in this field. so he knowlege is more of a bookish one rather a practical insight. there is much of the difference between teaching swiming in a room on a black-board and doing swinging in the water pool or couching the swimmers at the water pool
Waw..!Firstly I'm from SILICON CITY BANGLORE I hv not missed single second of his word with my 110% focus on what he is speaking I can say he is one of finest economist in my bucketlist thank you respected sir hope ppl like you help in building reorganization pakistan I can see poor ppls hv to cost this all shit of govt and so on
So much wrong analysis. First of all, you cannot compare Pakistan to countries like Cuba, Argentina and Iran. There is a thing called false analogies. Their populations are miniscule compared to Pakistan, plus they have very high Human development compared to Pakistan. They have solid population and birth control policies which are absent in Pakistan. They can easily maintain their health and education sectors with less money because they are already very well established, whereas Pakistan has been trying to build them from scratch for decades with very little success. Iran has the ability to produce domestic energy because of their resources. Cuba has good relations with Venezuela for energy needs and other Latin countries for food and medicine shortages like Mexico. A lot of these countries have socialised and state planned Agriculture therefore price control is easy to maintain with no middle men and no profit motives to drive up prices. And do not bring up North Korea, this pariah state is one of the worst place on earth to live in. Do you guys really want Pakistan to end up like N. Korea? Secondly, this so called expert says the world would not let Pakistan collapse economically by suggesting the Pakistani economy has to much international exposure which could cause horrible ripples throughout the global financial system. This statement is completely false. Pakistan only contributes less than 1 percent of the global economy. Pakistan does not produce any unique export oriented products that the world cannot live without. Hypothetically, if Pakistan were to disappear from the face of earth, there are alternative countries, like those in Southeast Asia, where the disappeared Pakistani produced products could be produced more cheaply and efficiently in very little time e.g. Indonesia and Vietnam. Plus, Pakistani foreign debt is not that high that it would cause serious or any noticeable problems in the International Banking system. Also, the so called geopolitical importance of Pakistan is so overblown. China has energy alternatives in Central Asia and Russia which would bypass the Arabian Sea and the Gulf. The Chinese are not that silly to only depend on Middle East for Energy. Also, the US has recently been trying to distance itself from Middle Eastern energy by increasing their own domestic energy production and trying to normalize relations with Venezuela, the country that has the largest oil reserves in the World. Also the move of advanced economies away from fossil fuels to Green and Nuclear Energy will further decrease the so called geopolitical importance of the Middle East. Even the Middle Eastern countries know that their importance is diminishing and are worried. Their fossil fuel dependant economies do not have a bright future. Pakistanis are so delusional about their self perception of Pakistan being so important geopolitically. And Pakistan cannot blackmail the world by saying they have nuclear weapons. The West can easily make Pakistan give up their nuclear weapons for economic benefits, since Pakistan is so desperate, like they did to South Africa and Ukraine in the past century. If Pakistan refuses and still blackmails the world with nuclear threats, I believe the West has backup plans, which China will also probably support, to neutralize the nuclear threat. Don't be fooled, dear Pakistanis. Lastly, I really cannot not see any hope for Pakistan. Pakistan has an extremely low literacy rate which is probably even lower than what is reported. I have seen that the average Pakistan high school students have the comprehension and arithmetic skills of 6th graders in Germany or 4th graders in Finland or Japan. That is horrible. And these Pakistani high schoolers are plagued with religious and nationalist extremism. But I do not blame them, but the system. Women which make almost 50% of the population are mostly excluded from the education system and workforce. Seriously, how can you build an economy when close to 50% of the abled bodied workforce is excluded mostly due to social and religious norms? Pakistan is horrible at human development, with no socialized healthcare. Go lookup the list of countries arranged according the Human Development Index (HDI) and Pakistan is going more down, close to the poor sub saharan African countries. Again seriously, if Pakistan's economy collapses, how would you rebuild it when you don't have a physically healthy and educated workforce? As I said, I seriously do not see any hope for Pakistan. That being said, I am not an anti Pakistan person, or a Pakistanophobe. I really which Pakistan could come out of its misery, but I seriously can't find a solution. I am just telling the bitter reality. I see that Pakistanis are so much, unfortunately, delusional about their own state and how the outside world views them. This is so sad for a country with more than 220 million people. All I can see is societal collapse and the rise of religious fundamentalism due to people becoming more poor and God knows what is next to come. It happens almost everywhere, whenever people become poorer and more desperate, religious extremism rises. And believe it or not, an Islamic state is not the solution. A secular state is the best option where people and the state do not impose their religion on others, instead keep their religious affairs to themselves. And let me say it again, I don't wish any harm to Pakistan.
Wow how much time to write this Your point is valid First we need to build , and then after comparing with other countries Now doubt Pakistan is rich from Resources and poor management
You make some valid points. However, i don't want 220 million Pakistanis to suffer. I hope they are able to come out of this crisis somehow. Good luck from India. Pakistan should allow import of food grains, etc from India or other countries in the short term, because the prices of essential food items are so high and not many Pakistanis can afford. Pakistan should not trust China too much in order not get trapped in a debt trap.
He has talked about a lot of things to solve Pakistan’s woes. Like every other person in Pakistan, he fails to recognize or call out the fundamental issue. There is an ideological flaw in the social fabric that will not let any of the ideas take shape. To make things worse, successive administrations have cultivated generations of people with aggressive, hate filled militant mindset. Hate only consumes the hater from within. BTW, this mindset of hate goes back more than a millennia, to view the “other” with suspicion, to hate the other. This was the foundation on which Jinnah and others asked for a separate Muslim state. Problems are much much deeper than most would like to understand or acknowledge.
He has counted so many problems of Pakistan , but to overcome & make correction will take decades. Pakistan has to do away with the "Kashmir " chant, Jihadi mindset & then hope for some progress to happen. Otherwise Pakistan will get fragmented under it's own implosion.
How comprehensively he has explained the dilemma of our economy and the issues related to it ,is surely laudable and heads off to his profound economic acumen ;and the way forward to the youth and multiple stakeholders he has proposed is also no less important.Thanks to wti for bringing awareness in the society esp among youth by inviting such honourable and worthy guests for discussion over moot points.
@@hashimhuzaifa6129 Pakistanis are "Rent Khor" and "Sood (interest) Khor". They are lazy people. They don't build any world class products or services. Whoever comes to power, nothing much will change on the ground. Because, Pakistan does not have a safe business climate.
Which loan Pakistan has repaid from it’s own earnings? The loans are only rescheduled with interest added back as additional loan. It will never be able to pay back any loan because there is no such intent or capability. World community is mainly concerned about nuclear arsenal which is possesses, therefore they want to keep the state of Pakistan on oxygen.
Focus on primary education, public health and youth skill development. This is a sincere opinion from an indian who dont hate ordinary pakistani people.
Just got the suggestion for this video...he has given very good information...Pakistan never will default due to geographic situation(aise bhi Kabhi nahi Karega Default...Next to Impossible )...Time is tough for Pakistan..Will pass( but need to do basic modifications)...Good Luck From India
Thank you for your kind words brother. InshAllah South Asia will become one of the biggest economic regions in the world, which it rightfully should be. Sending my regards and love to India 🇵🇰🇮🇳♥️
@@muhammadhaque3448 must focus on Education and the Adoption of technology in each & every field. Without education, a country can not grow & develop. (On a lighter note, must remove religion-hate-based education. I read somewhere that Hindu hatred-based contents are in the books of the Pakistan education system. I don't know whether it is correct or not..Plz don't take it in the wrong sense.😀😀)
@@amitsharma-sy9re no It’s ok. In education honestly we don’t really talk about Hindus besides in Pakistan studies (which is a study of historical, partition and post partition events which can be significant and contributed in Pakistan movement and statehood) sometimes things written can be discriminatory towards our minorities and historically inaccurate. For example, if a Muslim ruler invaded 1000 years ago, does not mean you label him as a Pakistani and that Pakistan started from then. The academic and rational view would be to explain the evolution of Muslims in the subcontinent and the eventual core areas of the subcontinent, where Islam became the main religion. Which eventually resulted in the Pakistan movement and statehood. You can explain this from the first Muslim traders, settlements and invasions etc. Some Pak studies book do a great job, but others are more dogmatic. But I’ve learned over the years that people from the subcontinent are overly emotional. why give them an objective analysis when you can use jingoism and lies to have them in your palm? This ties back to our previous conversation that, we need education and an environment where critical thinking, technology and innovation thrives. I pray one day Pakistani elite realize they will make more money if the economy is 1 trillion dollars instead of 300~ ish billion dollars. I also hope one day the subcontinent has leaders which realize that South Asia must integrate into a regional bloc and especially end the Kashmir conflict in a manner where all sides at least accept it, even if they don’t like it. SAARC could have great potential if India and Pakistan can stop fighting
@@muhammadhaque3448 Thank you for passing on the detailed information. It is good to teach about the country's history to every citizen( in your country, it is Pakistan studies). In general, Every writer has their own point of view to explain their history/concepts. Some writers put accurate points and some put inaccurate/derogatory points on religious/historical topics. In my opinion, instead of depending on the elite/rich groups of the country for development, the youth must take responsibility. Now the era is of technology. Neither society nor country can progress/develop with war/fight(World is filled with examples). The country is built up by society and society is built up by individual people.People/Country must have a vision of example for 5year/10year/15year goals etc. Education and System must be technologies driven. It is the only way to develop/progress society and country ( why I am emphasizing on technology that technologies can minimize corruption(corruption will never end, but it will there somehow) and an easy way to spread knowledge in the era of the internet). Anyone can learn easily anything without paying a single rupee. The world is seeing the tech startup era and many tech startups are solving societal issues( One more reason why I am repeating about tech, I am a software engineer from Bangalore, India. Working in one of the Top 5 Tech Gaint in the world. I have seen in India and witnessed that people are focusing on tech-driven education even in remote villages. For education, no need to be rich. Maybe rich people send their children to top-class schools and poor people are sending their children to govt schools. But, the Internet/youtube does not discriminate between rich and poor 😀😀. On Tech driven societies, can write many pages. But now put a full stop) Now coming to your points about the south Asian situation, Definitely SAARC countries have the potential for growth. In my opinion, conflict and development should keep in different buckets. When points come for development, we must be on the same page by keeping the conflict out of the fence and keep discussing how to solve the conflicts. I don't see any solution for Kashmir. in near future( Hope ki solve ho jaye by dialogue. Most Indians are got bored with the Kashmir conflict. Listening for many years😀). Why I am saying that if the Kashmir issue would not there, how politicians of both countries will sell hate and on which topic they will talk in public gatherings. How media will sell and spread hate between people. Bro, the Kashmir issue is the bread & Butter for politicians/Media of both countries. Why do you want to make them unemployed 😇. Media never show the reality of any news in any country.in world. They will show/talk only on those angles of news which gives them viewership. I have many evidences that both countries' Media fabricated the news ( I don't watch TV and don't believe news on social media. Social media is full of fake/fabricated news). Pakistan Media show only Muslim angles without knowing the fact ( most of the People like to watch only those angles) and the same applies to Indian media. Media and politicians are responsible for hate between countries. Sorry, reply went long. 🤪.. Hope you are doing good. Allah Haifz. Take care.
In the quest for Kashmir, Pakistan is losing Pakistan, if your leadership puts aside it's ego, start trade with India, it will be so beneficial for Pakistan, you are running out of basic things like wheat, gas shortage, no medicines, really feel sorry for the people who have to suffer, unfortunately your Establishment, will never allow peace with India.
200+ million importing food is not good sign. That is the first thing pak govt has to tackle. Next is energy. You cannot import everything without exporting sufficiently.
@@haniaahmed2698 It's shocking to know that Pakistan imports almost all of edible oil and tea while these can be locally produced. Similar to olives there are many options and resources are not limited. Drip irrigation and maximizing yield should be a priority. In India we never slowed down or thought it impossible as we have to feed 1.4 billion people. Pakistan as I know has a great irrigation facility and fertile land. Got to adopt modern agricultural practices.
if these people only go to Baluchistan, there are tonnes and tonnes of minerals and non renewable resources such as coal which could be used to solve the energy/power crisis for God knows how many decades as well as use in raising export revenue and meeting domestic demand
@@haniaahmed2698 it's not about anything...it's only about this 3rd world medieval culture and religion .simple.what I have been gone through as a Muslim syed virgin boy in Pakistan morally financially n biologically defines it all ...
Now they have raised quite a few billions from IMF and wealthy countries, Pakistanis can clear the flooded areas and start construction of housing and infrastructure, and issue foreign exchange to traders where the shipping containers are waiting for clearance at Karachi. By grace of God, this should be possible very very soon.
It is just us the helpless people who are crushing. We never got involved in politics and just tried lead an honest life in a difficult country. As much as our neighbors might be feeling happy, the commen citizen of Pakistan has nothing to do with dirty politics nor concerns with what happens at the border. We are living hand to mouth ourselves. Who will pay heed to those issues with a stomach that can go hungry any time? The culprits who brought us to this situation have nothing at stake. Most of them are dual nationals with billions of worth money and properties abroad. They don't have to blink an eye before fleeing off. Someone can come and blow us off the map of the world and it won't matter, we have been sucked dry by own rulers already.
India has its vission and fulfilled it. As a result it earned the 5,th largest economy in the world because no Terrorist activity, firm law and order and religiously disciplined and strong will power to stand alone .
Then why Sri Lanka default ? They didn’t have any terrorist activity ? Why is china’s exonomy $14 trillion more than india ? Even through China is considered as an aggressor. The reason your economy is better is because india is big country wihh huge population. The major chunk of gdp comes from agriculture and services. Both attributed to your sh*t load of population. Eventually big countries will be at the top. This is why countries fight over land with each other. Bigger country means more resources. The reason Pakistan is behind is not because of its animosity towards india, but because it’s leaders failed it. So please shun this notion that anyone having animosity towards india is doomed to fail. If so, then China wouldn’t rise and Sri lands wouldn’t have failed.
No need to see the things with Pakistan in mind still lot has to be done,Indian political system has another flaws which allow the corrupt things and corrupt opportunists to grab the wealth and suppress the talent.
@@Rakesh4809 you are right. If corruption is eliminated in India , it will earn the fame of no. 1 economy in the world. Before 2014 , India was not so rich and developed. At present the new govt has done a lot in curbing corruption in India and now it is 5th largest economy. Many corrupt officer and political leaders are put in prison. If India can stop 40% of its present corruption, it will become no1 powerful country in all aspects.
@@serioushamster it is true that per capita income is lower than that of Bangladesh. It is also expected that GDP of India may come down in current year. If market share of china is grabbed and domestic product is doubled , the reduction in GDP may not occur as projected.
Pakistan's only problem is EXCESS POPULATION. By neglecting Small Family Norms for the last 50 years, over populated at least by 70 millions. All problems viz., High inflation, unemployment, black marketing because of this 70 Millions excess population.
Amazing analysis and knowledgeable facts to grow individually as a society very practical suggestions I don’t have words to explain how much it feels good to see these intellectual economists talking about these issues 👏
We badly need reforms in every aspect whether it is a Public or Private Sector, Meritocracy should be the first priority. People like Dr. Qais Aslam should be utilized in Economy uplifting. Pakistan Zindabad 👍
A noble princeton economist atif mian was thrown out because he belongs to ahmediya. As long as fundamentalist has a strong hold of the country the intellectuals can't participate in restructuring the economy because intellectuals think like westerners and it's antidote to fundamentalism.
This man is a good teacher of Economy... We must listen it carefully and should implement on our life, individually... Thanku Sir For trusting on us and Giving us the good ideas, for growing economy.
Actually the Professor is totally focussed on economic aspect only. but economy does not exist in a vacuum ! . if this interview is a series of interviews then he may consider other aspects as well later. If you noticed , political & social aspects were not touched in the talk.
Point is should Pakistan's economy and the country itself survive. ? If it disappears along with Covid, Malaria, Dengue and cancer, world will be better off and won't miss Pakistan
Wow. Amazed to see such intellectual conversation from Pakistan. So there is some hope left in otherwise grim situation. If possible ask/plead/pressurise your establishment to make Dr. Qais the leader of Pakistan for 10 yrs straight .I am sure the country will come on track. all the best anyways.
When a nation loses faith it loses more then economy. Lecture on economy is very trivial here in current context. Pakistan has to go back to the one Faith it was created on and restore justice. And once these are restored (Faith, Justice), you would be surprised to see an invisible hand fixing the economy!
Mr. Dr. Qais aslam gives brilliant ideas to come out present crisis of pak, why your country not utilized such a person his ideas are good for pak future Now pak priority Education Agriculture Infrastructure Logistics Healthcare Social Security Quality workforce For above task where you get money no answer Only way cutting defense expenditure, making good relationship with neighbor countries, make voilent free country, improve investors confidence It will take time but definitely pak will become progressive state , My great leader PM Modiji jai hind
Dr.. has to speak on army generals money outside also not just Nawaz & Zardari.. again intellectual guts seems to be missing.. Army accounts to be audited..etc
It's our better luck to have still such an amazing personality in our nation. Thank you so much for your sincere analysis and thankfulness to the "world time" team as well.❤️❤️
Pakistan is not months away from a default in payments of borrowings, it is just weeks away from the disaster. It is high time money in foreign bank accounts secretetly moved from Pakistan must be brought back to Pakistan. Sharif, Zardar, military and sivil servants should step up to save Pakistan's poor people.
Once my Malaysian teacher informed me. That Malaysia has stopped buying product of cottage industry (Carpets) from Pakistan because they employee child labour !!! This is our reality sir !!!!
Incredible information. Thank you so much. Every Pakistani should watch this. And this should be played on Television. So every Pakistani can watch it easily.
Great respect for Dr Qais however some views are debatable. Why did Sri Lanka default then if IMF does not let members default? If Govt of Pakistan defaults why would creditors seize assets of Pakistanis, they would seize assets of Govt of Pakistan. We need to get over the misperception of geographical importance of Pakistan. There is none. The only importance is of goods and services a country produces.
no geopolitical importance means if pakistan is fcked whole world will be send in to a disorder with the massive influx of 200 million the world will be in disarry with nuclear arms extreme likely our importance or you could say safety for the whole world depends upon our surivival maybe not to a extreme like how i potrayed but sitll kind off.
Im sorry but Dr is 101% right. Why did US want Ukraine? The Geographical position matters alot and people who want to control the world would love to have a country like Pakistan. Remember Pak has everything natural resources, combat power and everything else the only thing we lack is good governance. Sri Lanka Defaulted because all of their Loan was due in bond payments while we have different loan disbursement plans. Comparing a country like Sri lanka and Pakistan is a crime in the first place. Long live 🇵🇰, No Power in the world will undo my Country INSHAALLAH
The geographic importance is an idea for fools. We a lot of them in Afghanistan. If it is benefiting these two countries then why they are in this bad situation
Pak economy was always an open economy. Indian adopted socialism b4 1990s.Pak didn't diversify its exports.jst textiles/leather goods/surgical instruments. There is a huge potential fr IT & Medicine raw material exports.
WOW! Dr. Aslam, you seem to be one of the rare Pakistani intellects who has analyzed Pakistani economy through facts and wo bringing up emotional issues like Kashmir, Islam etc. like most Pakistanis do. And you have also given sound advise on how to improve the economy. Now, my only question is why are people like you are not running the country's economy.
@@zainulabdin5377 Some Shits are on Tour of international Begging and Rest are barking shits at Social platforms...Just Nornal Days in Atomic Country..
Whatever thought provoking this speech may b on improving finance/political/economic/social stability of Pak.: NOTHING CAN B DONE & this is the truth; dismembering of decaying Pak.can't b reversed
Feels good to see someone who can talk without bringing religion ten times in every statement. These are the kind of people who actually make the world run. The more the opium of religion is rears it head, the more the problem for a nation.
@alka agarwal rent seeking means " to earn money by providing assistance to powers to fight their wars for example pakistan provided US her bases and soil to fight war in Afghanistan and in return got financial aid..Its totally based on Pakistan's geostrategic location..Pakistan has always relied on this rent seeking based only on its location and haven't done much herself"Hope you got my point
@@farhaankhan5868 , i used to think pakistan as advance nation due to usa rent seeking, but i was shocked that pakistan is 10 yrs backwards from india be it transport, healthcare, industry, education etc
@@mysimplelifestylesum3647 Aligning with USA doesn't make a country advance...US strongly believe on this proverb " kaam nikalwanay k lye gadhay ko b baap bnana parta h" and here Pakistan is that Gadha
@@farhaankhan5868 i fail to understand why dont pakistanis revolt and throw out these elite political powers like zardari,butto etc who are building properties abroad like sri lanka revolt and make a pm who is poor background so he will solve the grassroot problems.
Sir in my opinion of the biggest reasons of the default would be 1) we dont tax corporations and all/most of our taxes are collected from Direct taxation i.e. on product/service consumption (we dont tax people on the basis of their salaries) 2) Having free trade agreement with countries like china that has destroyed our small industry 3) We dont trade with India instead we get Indian products through UAE and Saudi Arabia for 2/3 times more in price
About your first point, who said we don't tax people on the basis of their salaries??? I am a salaried person I pay a huge sum of tax, so did my father and my brothers do the same. You must not be coming from a salaried person background OR the company you work for is not registered properly therefore avoids taxes on itself and therefore on its employees. I have also worked briefly in such a company it was my first job and it was a small company (less than 12 employees). In fact I would say the salaried person is the one paying the most tax today. Factories and other corporations are avoiding taxes through one way or another but salaried man can't escape it, it is being cut from his/her salary. 😂 Secondly, it is true. We (and India as well) could benefit hugely from direct trade. There is so much India can take from us and so much we can take from them. This is very tragic that our political situation has always been so bad from the start and today it is at its worst. Trust me the common India man is filled with such hatred against Pakistan that he is celebrating the economic collapse and rise in terrorism in Pakistan. We can only hope these two countries will some day resolve their indifferences and get their shit together there is so much benefit for both countries. For heaven's sake they are direct neighbours and both have lots of resources to trade.
Any country or person who gets into the habit of taking loans can temporarily look rich and behave rich, but in the long run, they are bound to grow poor because you can't change your rich lifestyle suddenly, so to maintain that lifestyle and also to clear loan you have to sell assets. This is what exactly Papistan did, and facing the current situation. The other big source of income for Papistan has been in the form of donations mainly from Saudi Arabia for gajwa e hind and from America to control Taliban in Afganistan. Papistan used these donations to raise and train terrorists, spread terrorism all over the world, and the hilarious part is in the name of controlling terrorism Papistan made a lot of money from America. Saudi Arabia is modernizing and understood that petrol will exhaust soon and hence to survive it must change itself as a result it stopped funding Papistan for gazwa e hind. America, too, understood that Papistan is just leaching money in the name of a fight against terrorism and hence stopped funding. Overall, because of the stoppage of donations, loan repayment, and natural calamities like floods, Papistan is in a dire situation I just hope that Papistan realises that it has been used in the name of geo politics, stop all terrorism activities at once, return all occupied territories to India without any conditions and finally revamp its education system by removing hatred for Hindus and India then chances are that it will survive otherwise it's disintegration followed by default is inevitable.
Inspite of huge fertile land and demographic dividend in its population for cheap labour and talented Middle class Pakistan has come to this financial state due to its fundamental policies. No foreign country will invest money in Pakistan for its image, which can be the best source of foreign exchange, technology and employment. No tourist will visit Pakistan ispite of its huge tourist potential in North West of the country. No politician will advocate family planning inspite of the limited resources to provide education , health care and nutrition to ever increasing population. From the comments of most of Pakistanis on social media it appears they are living in the golden Middle ages of Islam and negating science as a western evil. Pakistan has economically survived till date due to foreign aid due to its stretigic location and also due to the remittances sent by overseas Pakistanis and that too have been squandered by the people back home in purchasing big houses. Till Pakistan thinks that it will be helped by the Arab countries for its being a large Muslim country having nuclear bomb and a big army and by America and China for its stretigic location, without working for themselves they will further go down economically.
Pakistan needs to completely overhaul it's economic system. Our people need to be educated and we need to export high value goods and services. The problem is two fold, Pakistan doesn't have the resources required to feed it's population, and Pakistan exports negligible amounts of cheap goods. If Pakistan can export more then it imports then we can get out of this. But we definitely cannot just curb the demand of 220+ million people.
Reality based analyses of Dr sab. What Pakistan needs is to make sure peace and security for people of all walks of life without any discrimination of caste, creed and colour. Religious tolerance need to be inculcated among our citizens. After that, small and medium enterprises must be set up to increase productivity. We can only develop our economy if we put our youth on the track meaningful, respectable and productive activities.
We have plethora of mismanagement practices of our Government while the whole nation has casual behaviour towards their nation. We as a whole nation in current time are insincere, selfish, corrupt, legpullers, jeoulous within ourself, non-innovative, non-innovative and economically non-viable, compromised leadership, fertilty to become foreign agents etc. Although we have all the natural resources that are factors of production. But our wrong doings are factors for destruction of our economy.
Pakistan being an agrarian economy, importing food grains is quite surprising. Based on Indian success story, Pakistan can do few things to improve financial condition: 1. Improve productivity in agriculture, Pakistan should be self sufficient. 2. Move energy to solar and wind, give allowance/subsidy to all household to install solar panel. 3. Look for import substitution with local production. 4. Improve education quality to meet global standards.
Very huge thanks for giving us such informative content, Seriously impressive......... everything is really very very well said, and I also hope to have much more related podcasts, for that waiting hasty........., I'm also an economics graduate and become very well aware of things with different viewpoints while watching this..... so thanks again..... JAZAKALLAH.
Is this all realities came first time in front of u? No body discussed same thing 1000 times earlier? We all know all this realities, thats why world put us in least 4 nations of world in passport and growth ranking. Main question is, *WHO WILL CHANGE THIS SYSTEM?*
@@jombali8891 You Pakistanis are "Rent Khor" and "Sood (interest) Khor". You are lazy people. You don't build any world class products or services. Whoever comes to power, nothing much will change on the ground. Because, Pakistan does not have a safe business climate.
@@jombali8891 no single person is responsible for the change nor will bring change for all. We all will do our part in life from house wife, father, children. Each on do their own job honestly and try to be honest even when the world is shaking for us. Our nation need more moral values then it needs financial aid. Am I positive? I believe change is in nature of time. Look back at history and see how nations and cultures change. No body can stol revolution/change/betterment. Regards, A person who is responsible/reason for making 25 Pakistanis writers and contributing to 25 household incomes. insha'Allah will do more.
@@jombali8891 surely u may know all but I didn't think it before with the terminologies used in this video. but as u have asked who will change, so, for this, I think we all need to work on our own grounds only a single person can't be brought changes......
His opinion is, because Pakistan is strategically important for the west, and a nuclear power, the west will pour money as it was before, to sustain pakistan from not breaking down.😄 This is a standard narrative of pak Establishment ( Army) and politicians too....
Pakistan has some great intellectuals and brilliant minds. If these people are positioned where they should be the nation would been far prosperous. As a neighbour I do wish Pakistan becomes my competitor towards building a nicer and safer place in earth....
I am speechless about the wisdom in this show. Mind blowing that we are so far behind on various goals.
🤣🤣🤣
He is simply a teacher of economics and never served in some official position at official level or in some corporate organization. he has no experience of managing finance and economics practically with no exposure and experience in this field. so he knowlege is more of a bookish one rather a practical insight. there is much of the difference between teaching swiming in a room on a black-board and doing swinging in the water pool or couching the swimmers at the water pool
U av a point
It feels great to see such an intellectual personality , explaining issues in detail having optimistic approach! Long live PAKISTAN!
Gave me hope. Refreshing talk
Waw..!Firstly I'm from SILICON CITY BANGLORE I hv not missed single second of his word with my 110% focus on what he is speaking I can say he is one of finest economist in my bucketlist thank you respected sir hope ppl like you help in building reorganization pakistan I can see poor ppls hv to cost this all shit of govt and so on
اللَّهُمَّ صَلِّ عَلَى مُحَمَّدٍ وَّ عَلَى آلِ مُحَمَّدٍ كَمَا صَلَّيْتَ عَلَى إِبْرَاهِيمَ وَعَلَى آلِ إِبْرَاهِيمَ إِنَّكَ حَمِيدٌ مَجِيدٌ اللَّهُمَّ بَارِكْ عَلَى مُحَمَّدٍ وَّ عَلَى آلِ مُحَمَّدٍ كَمَا بَارَكْتَ عَلَى إِبْرَاهِيمَ وَعَلَى آلِ إِبْرَاهِيمَ إِنَّكَ حَمِيدٌ مَجِيد
What's a meant it of your post.
So much wrong analysis. First of all, you cannot compare Pakistan to countries like Cuba, Argentina and Iran. There is a thing called false analogies. Their populations are miniscule compared to Pakistan, plus they have very high Human development compared to Pakistan. They have solid population and birth control policies which are absent in Pakistan. They can easily maintain their health and education sectors with less money because they are already very well established, whereas Pakistan has been trying to build them from scratch for decades with very little success. Iran has the ability to produce domestic energy because of their resources. Cuba has good relations with Venezuela for energy needs and other Latin countries for food and medicine shortages like Mexico. A lot of these countries have socialised and state planned Agriculture therefore price control is easy to maintain with no middle men and no profit motives to drive up prices. And do not bring up North Korea, this pariah state is one of the worst place on earth to live in. Do you guys really want Pakistan to end up like N. Korea?
Secondly, this so called expert says the world would not let Pakistan collapse economically by suggesting the Pakistani economy has to much international exposure which could cause horrible ripples throughout the global financial system. This statement is completely false. Pakistan only contributes less than 1 percent of the global economy. Pakistan does not produce any unique export oriented products that the world cannot live without. Hypothetically, if Pakistan were to disappear from the face of earth, there are alternative countries, like those in Southeast Asia, where the disappeared Pakistani produced products could be produced more cheaply and efficiently in very little time e.g. Indonesia and Vietnam. Plus, Pakistani foreign debt is not that high that it would cause serious or any noticeable problems in the International Banking system. Also, the so called geopolitical importance of Pakistan is so overblown. China has energy alternatives in Central Asia and Russia which would bypass the Arabian Sea and the Gulf. The Chinese are not that silly to only depend on Middle East for Energy. Also, the US has recently been trying to distance itself from Middle Eastern energy by increasing their own domestic energy production and trying to normalize relations with Venezuela, the country that has the largest oil reserves in the World. Also the move of advanced economies away from fossil fuels to Green and Nuclear Energy will further decrease the so called geopolitical importance of the Middle East. Even the Middle Eastern countries know that their importance is diminishing and are worried. Their fossil fuel dependant economies do not have a bright future. Pakistanis are so delusional about their self perception of Pakistan being so important geopolitically. And Pakistan cannot blackmail the world by saying they have nuclear weapons. The West can easily make Pakistan give up their nuclear weapons for economic benefits, since Pakistan is so desperate, like they did to South Africa and Ukraine in the past century. If Pakistan refuses and still blackmails the world with nuclear threats, I believe the West has backup plans, which China will also probably support, to neutralize the nuclear threat. Don't be fooled, dear Pakistanis.
Lastly, I really cannot not see any hope for Pakistan. Pakistan has an extremely low literacy rate which is probably even lower than what is reported. I have seen that the average Pakistan high school students have the comprehension and arithmetic skills of 6th graders in Germany or 4th graders in Finland or Japan. That is horrible. And these Pakistani high schoolers are plagued with religious and nationalist extremism. But I do not blame them, but the system. Women which make almost 50% of the population are mostly excluded from the education system and workforce. Seriously, how can you build an economy when close to 50% of the abled bodied workforce is excluded mostly due to social and religious norms? Pakistan is horrible at human development, with no socialized healthcare. Go lookup the list of countries arranged according the Human Development Index (HDI) and Pakistan is going more down, close to the poor sub saharan African countries. Again seriously, if Pakistan's economy collapses, how would you rebuild it when you don't have a physically healthy and educated workforce?
As I said, I seriously do not see any hope for Pakistan. That being said, I am not an anti Pakistan person, or a Pakistanophobe. I really which Pakistan could come out of its misery, but I seriously can't find a solution. I am just telling the bitter reality. I see that Pakistanis are so much, unfortunately, delusional about their own state and how the outside world views them. This is so sad for a country with more than 220 million people. All I can see is societal collapse and the rise of religious fundamentalism due to people becoming more poor and God knows what is next to come. It happens almost everywhere, whenever people become poorer and more desperate, religious extremism rises. And believe it or not, an Islamic state is not the solution. A secular state is the best option where people and the state do not impose their religion on others, instead keep their religious affairs to themselves. And let me say it again, I don't wish any harm to Pakistan.
Ofc a secular state is a solution. But it's not gonna happen and Pakistan will fall. We have to leave Pakistan as soon as possible
Wow how much time to write this
Your point is valid
First we need to build , and then after comparing with other countries
Now doubt Pakistan is rich from Resources and poor management
Shahbhai, excellent analysis
Yeh Qais chilamchi hai… ganjedi
You make some valid points. However, i don't want 220 million Pakistanis to suffer. I hope they are able to come out of this crisis somehow. Good luck from India. Pakistan should allow import of food grains, etc from India or other countries in the short term, because the prices of essential food items are so high and not many Pakistanis can afford. Pakistan should not trust China too much in order not get trapped in a debt trap.
He has talked about a lot of things to solve Pakistan’s woes. Like every other person in Pakistan, he fails to recognize or call out the fundamental issue. There is an ideological flaw in the social fabric that will not let any of the ideas take shape. To make things worse, successive administrations have cultivated generations of people with aggressive, hate filled militant mindset. Hate only consumes the hater from within. BTW, this mindset of hate goes back more than a millennia, to view the “other” with suspicion, to hate the other. This was the foundation on which Jinnah and others asked for a separate Muslim state. Problems are much much deeper than most would like to understand or acknowledge.
The other meaning Hindus?
Better than cow worshippers selling all their cow to China to America to Saudi and then beating anyone for being non veg
Well, your response on hate itself is full of hate, no rationale, no logic, and vague arguments.
@@mehdisyed8536 Problem is Pakistanis have always been in denial mode.
buddy your writing skills are good but obervations and being rantional is terrible.
He is a real gentleman. I hope people will listen. He should have spoken about Good work Modiji has done.
He has counted so many problems of Pakistan , but to overcome & make correction will take decades. Pakistan has to do away with the "Kashmir " chant, Jihadi mindset & then hope for some progress to happen. Otherwise Pakistan will get fragmented under it's own implosion.
He talked about economic conditions of Pakistan very comprehensively and in categorical analysis ✨
Dr. Qais Aslam, great personality to listen to..........
How comprehensively he has explained the dilemma of our economy and the issues related to it ,is surely laudable and heads off to his profound economic acumen ;and the way forward to the youth and multiple stakeholders he has proposed is also no less important.Thanks to wti for bringing awareness in the society esp among youth by inviting such honourable and worthy guests for discussion over moot points.
Indeed. I also thank them but also want to implement these think tanks.
You mean hats off right?
Heads off sounds like... terrorists! Lol...
You guys are making me laugh. Listening to a guy talking big things and believing him. Stop dreaming and get up and work
@@hashimhuzaifa6129 Pakistanis are "Rent Khor" and "Sood (interest) Khor". They are lazy people. They don't build any world class products or services. Whoever comes to power, nothing much will change on the ground. Because, Pakistan does not have a safe business climate.
Optimism is good things but over optimistic people can ruin the hope forever.
Which loan Pakistan has repaid from it’s own earnings? The loans are only rescheduled with interest added back as additional loan. It will never be able to pay back any loan because there is no such intent or capability.
World community is mainly concerned about nuclear arsenal which is possesses, therefore they want to keep the state of Pakistan on oxygen.
Your reply has anger in itself dude get some help
First time I have heard some sensible person from Pakistan.
Focus on primary education, public health and youth skill development. This is a sincere opinion from an indian who dont hate ordinary pakistani people.
Thanks bro but it's tough to manage things in a failed country of 220 million people
If he is a financial expert, the causes of Pakistan's agony are quite transparent.
Just got the suggestion for this video...he has given very good information...Pakistan never will default due to geographic situation(aise bhi Kabhi nahi Karega Default...Next to Impossible )...Time is tough for Pakistan..Will pass( but need to do basic modifications)...Good Luck From India
Thank you for your kind words brother. InshAllah South Asia will become one of the biggest economic regions in the world, which it rightfully should be. Sending my regards and love to India 🇵🇰🇮🇳♥️
@@muhammadhaque3448 must focus on Education and the Adoption of technology in each & every field. Without education, a country can not grow & develop. (On a lighter note, must remove religion-hate-based education. I read somewhere that Hindu hatred-based contents are in the books of the Pakistan education system. I don't know whether it is correct or not..Plz don't take it in the wrong sense.😀😀)
If you see some videos of pakistani children they have mentioned that they have read Hindus are bad,kafir,we worship stone.
@@amitsharma-sy9re no It’s ok. In education honestly we don’t really talk about Hindus besides in Pakistan studies (which is a study of historical, partition and post partition events which can be significant and contributed in Pakistan movement and statehood) sometimes things written can be discriminatory towards our minorities and historically inaccurate.
For example, if a Muslim ruler invaded 1000 years ago, does not mean you label him as a Pakistani and that Pakistan started from then.
The academic and rational view would be to explain the evolution of Muslims in the subcontinent and the eventual core areas of the subcontinent, where Islam became the main religion. Which eventually resulted in the Pakistan movement and statehood.
You can explain this from the first Muslim traders, settlements and invasions etc.
Some Pak studies book do a great job, but others are more dogmatic.
But I’ve learned over the years that people from the subcontinent are overly emotional. why give them an objective analysis when you can use jingoism and lies to have them in your palm?
This ties back to our previous conversation that, we need education and an environment where critical thinking, technology and innovation thrives. I pray one day Pakistani elite realize they will make more money if the economy is 1 trillion dollars instead of 300~ ish billion dollars. I also hope one day the subcontinent has leaders which realize that South Asia must integrate into a regional bloc and especially end the Kashmir conflict in a manner where all sides at least accept it, even if they don’t like it. SAARC could have great potential if India and Pakistan can stop fighting
@@muhammadhaque3448 Thank you for passing on the detailed information. It is good to teach about the country's history to every citizen( in your country, it is Pakistan studies). In general, Every writer has their own point of view to explain their history/concepts. Some writers put accurate points and some put inaccurate/derogatory points on religious/historical topics.
In my opinion, instead of depending on the elite/rich groups of the country for development, the youth must take responsibility. Now the era is of technology. Neither society nor country can progress/develop with war/fight(World is filled with examples). The country is built up by society and society is built up by individual people.People/Country must have a vision of example for 5year/10year/15year goals etc. Education and System must be technologies driven. It is the only way to develop/progress society and country ( why I am emphasizing on technology that technologies can minimize corruption(corruption will never end, but it will there somehow) and an easy way to spread knowledge in the era of the internet). Anyone can learn easily anything without paying a single rupee. The world is seeing the tech startup era and many tech startups are solving societal issues( One more reason why I am repeating about tech, I am a software engineer from Bangalore, India. Working in one of the Top 5 Tech Gaint in the world. I have seen in India and witnessed that people are focusing on tech-driven education even in remote villages. For education, no need to be rich. Maybe rich people send their children to top-class schools and poor people are sending their children to govt schools. But, the Internet/youtube does not discriminate between rich and poor 😀😀. On Tech driven societies, can write many pages. But now put a full stop)
Now coming to your points about the south Asian situation, Definitely SAARC countries have the potential for growth. In my opinion, conflict and development should keep in different buckets. When points come for development, we must be on the same page by keeping the conflict out of the fence and keep discussing how to solve the conflicts. I don't see any solution for Kashmir. in near future( Hope ki solve ho jaye by dialogue. Most Indians are got bored with the Kashmir conflict. Listening for many years😀). Why I am saying that if the Kashmir issue would not there, how politicians of both countries will sell hate and on which topic they will talk in public gatherings. How media will sell and spread hate between people.
Bro, the Kashmir issue is the bread & Butter for politicians/Media of both countries. Why do you want to make them unemployed 😇. Media never show the reality of any news in any country.in world. They will show/talk only on those angles of news which gives them viewership. I have many evidences that both countries' Media fabricated the news ( I don't watch TV and don't believe news on social media. Social media is full of fake/fabricated news). Pakistan Media show only Muslim angles without knowing the fact ( most of the People like to watch only those angles) and the same applies to Indian media. Media and politicians are responsible for hate between countries.
Sorry, reply went long. 🤪.. Hope you are doing good. Allah Haifz. Take care.
Excellent work . from gujranwala.punjab.pakistan
Remove Corruption
We will be Super Power
That's it.
In the quest for Kashmir, Pakistan is losing Pakistan, if your leadership puts aside it's ego, start trade with India, it will be so beneficial for Pakistan, you are running out of basic things like wheat, gas shortage, no medicines, really feel sorry for the people who have to suffer, unfortunately your Establishment, will never allow peace with India.
Karmo ka phal ka rah hain
200+ million importing food is not good sign. That is the first thing pak govt has to tackle. Next is energy. You cannot import everything without exporting sufficiently.
Agreed , although feeding it’s enormous population with the limited resources pakistan has is an even greater challenge.
@@haniaahmed2698 It's shocking to know that Pakistan imports almost all of edible oil and tea while these can be locally produced. Similar to olives there are many options and resources are not limited. Drip irrigation and maximizing yield should be a priority. In India we never slowed down or thought it impossible as we have to feed 1.4 billion
people. Pakistan as I know has a great irrigation facility and fertile land. Got to adopt modern agricultural practices.
if these people only go to Baluchistan, there are tonnes and tonnes of minerals and non renewable resources such as coal which could be used to solve the energy/power crisis for God knows how many decades as well as use in raising export revenue and meeting domestic demand
@@haniaahmed2698 it's not about anything...it's only about this 3rd world medieval culture and religion .simple.what I have been gone through as a Muslim syed virgin boy in Pakistan morally financially n biologically defines it all ...
Now they have raised quite a few billions from IMF and wealthy countries, Pakistanis can clear the flooded areas and start construction of housing and infrastructure, and issue foreign exchange to traders where the shipping containers are waiting for clearance at Karachi. By grace of God, this should be possible very very soon.
It is just us the helpless people who are crushing. We never got involved in politics and just tried lead an honest life in a difficult country. As much as our neighbors might be feeling happy, the commen citizen of Pakistan has nothing to do with dirty politics nor concerns with what happens at the border. We are living hand to mouth ourselves. Who will pay heed to those issues with a stomach that can go hungry any time? The culprits who brought us to this situation have nothing at stake. Most of them are dual nationals with billions of worth money and properties abroad. They don't have to blink an eye before fleeing off. Someone can come and blow us off the map of the world and it won't matter, we have been sucked dry by own rulers already.
India has its vission and fulfilled it. As a result it earned the 5,th largest economy in the world because no Terrorist activity, firm law and order and religiously disciplined and strong will power to stand alone .
Then why Sri Lanka default ? They didn’t have any terrorist activity ? Why is china’s exonomy $14 trillion more than india ? Even through China is considered as an aggressor.
The reason your economy is better is because india is big country wihh huge population. The major chunk of gdp comes from agriculture and services. Both attributed to your sh*t load of population. Eventually big countries will be at the top. This is why countries fight over land with each other. Bigger country means more resources.
The reason Pakistan is behind is not because of its animosity towards india, but because it’s leaders failed it.
So please shun this notion that anyone having animosity towards india is doomed to fail. If so, then China wouldn’t rise and Sri lands wouldn’t have failed.
No need to see the things with Pakistan in mind still lot has to be done,Indian political system has another flaws which allow the corrupt things and corrupt opportunists to grab the wealth and suppress the talent.
@@Rakesh4809 you are right. If corruption is eliminated in India , it will earn the fame of no. 1 economy in the world. Before 2014 , India was not so rich and developed. At present the new govt has done a lot in curbing corruption in India and now it is 5th largest economy. Many corrupt officer and political leaders are put in prison. If India can stop 40% of its present corruption, it will become no1 powerful country in all aspects.
India has the most people on Earth. That much human activity will definitely generate some sort of economy. Look at the GDP per capita nominal.
@@serioushamster it is true that per capita income is lower than that of Bangladesh. It is also expected that GDP of India may come down in current year. If market share of china is grabbed and domestic product is doubled , the reduction in GDP may not occur as projected.
Sir ap tu kamaal kr gaye ... Itnaa Knowledge m ezaafaa keeyaa m surprise hoo gayaa hoon
Pakistan's only problem is EXCESS POPULATION. By neglecting Small Family Norms for the last 50 years, over populated at least by 70 millions. All problems viz., High inflation, unemployment, black marketing because of this 70 Millions excess population.
Amazing analysis and knowledgeable facts to grow individually as a society very practical suggestions I don’t have words to explain how much it feels good to see these intellectual economists talking about these issues 👏
We badly need reforms in every aspect whether it is a Public or Private Sector, Meritocracy should be the first priority.
People like Dr. Qais Aslam should be utilized in Economy uplifting.
Pakistan Zindabad 👍
A noble princeton economist atif mian was thrown out because he belongs to ahmediya. As long as fundamentalist has a strong hold of the country the intellectuals can't participate in restructuring the economy because intellectuals think like westerners and it's antidote to fundamentalism.
Even the Americans don't consider US to be that important as Pakistanis think about Pakistan in spite of begging to others.
This man is a good teacher of Economy...
We must listen it carefully and should implement on our life, individually...
Thanku Sir For trusting on us and Giving us the good ideas, for growing economy.
Excellent brief about Pakistani economy
This man is so out of touch with reality. What a grandiose sense of self. It’s hilarious. Rassi jal gayi lekin bal nahi gaya!
They are in denial mode... They don't see the facts. He didn't talk about terrorism, religious atrocities and persecution.
Actually the Professor is totally focussed on economic aspect only. but economy does not exist in a vacuum ! . if this interview is a series of interviews then he may consider other aspects as well later. If you noticed , political & social aspects were not touched in the talk.
Point is should Pakistan's economy and the country itself survive. ? If it disappears along with Covid, Malaria, Dengue and cancer, world will be better off and won't miss Pakistan
Wow. Amazed to see such intellectual conversation from Pakistan. So there is some hope left in otherwise grim situation. If possible ask/plead/pressurise your establishment to make Dr. Qais the leader of Pakistan for 10 yrs straight .I am sure the country will come on track. all the best anyways.
When a nation loses faith it loses more then economy. Lecture on economy is very trivial here in current context.
Pakistan has to go back to the one Faith it was created on and restore justice. And once these are restored (Faith, Justice), you would be surprised to see an invisible hand fixing the economy!
Mr. Dr. Qais aslam gives brilliant ideas to come out present crisis of pak, why your country not utilized such a person his ideas are good for pak future
Now pak priority
Education
Agriculture
Infrastructure
Logistics
Healthcare
Social Security
Quality workforce
For above task where you get money no answer
Only way cutting defense expenditure, making good relationship with neighbor countries, make voilent free country, improve investors confidence
It will take time but definitely pak will become progressive state , My great leader PM Modiji jai hind
Dr.. has to speak on army generals money outside also not just Nawaz & Zardari.. again intellectual guts seems to be missing.. Army accounts to be audited..etc
It's our better luck to have still such an amazing personality in our nation.
Thank you so much for your sincere analysis and thankfulness to the "world time" team as well.❤️❤️
One day Allah would solve all the problems. We must increase Madrasas in the country.
Pakistan lived too long on the borrowed money and now facing the consequences ,the old wisdom is that cut the coat according to the clothes .
Rather cut your lulla and reduce your population
Thanks for the content
Pakistan is not months away from a default in payments of borrowings, it is just weeks away from the disaster. It is high time money in foreign bank accounts secretetly moved from Pakistan must be brought back to Pakistan. Sharif, Zardar, military and sivil servants should step up to save Pakistan's poor people.
Pakistani education standard doesn't match the world education standard. That's why you don't have great economist like India have.
Great work sir 👏
Once my Malaysian teacher informed me. That Malaysia has stopped buying product of cottage industry (Carpets) from Pakistan because they employee child labour !!!
This is our reality sir !!!!
Incredible information. Thank you so much. Every Pakistani should watch this. And this should be played on Television. So every Pakistani can watch it easily.
How to read English newspaper from basic
ruclips.net/video/r0yDSHkqSXo/видео.html
But majority Pakiastanis to illetate to comprehend
very very nice
Zbrdst. He's the best ever guest you have invited. Such a keen understanding of all the core issues.
Very informative and very well explained... Thanks a lot
People like him should be allowed to run Pakistan. He seems like a man with a vision.
Thanks a lot Sir Dr. Qasim Ali for providing such a valuable information.
Extremely simple and very comprehensive
Precious minds like him must be used
vlog sun k maza aya....
Great respect for Dr Qais however some views are debatable. Why did Sri Lanka default then if IMF does not let members default? If Govt of Pakistan defaults why would creditors seize assets of Pakistanis, they would seize assets of Govt of Pakistan. We need to get over the misperception of geographical importance of Pakistan. There is none. The only importance is of goods and services a country produces.
Well put.Realistically our economy is in deep shit
no geopolitical importance means if pakistan is fcked whole world will be send in to a disorder with the massive influx of 200 million the world will be in disarry with nuclear arms extreme likely our importance or you could say safety for the whole world depends upon our surivival maybe not to a extreme like how i potrayed but sitll kind off.
So true the way we get unnecessarily educated about geographical importance of our country is insane.
Im sorry but Dr is 101% right. Why did US want Ukraine? The Geographical position matters alot and people who want to control the world would love to have a country like Pakistan. Remember Pak has everything natural resources, combat power and everything else the only thing we lack is good governance. Sri Lanka Defaulted because all of their Loan was due in bond payments while we have different loan disbursement plans. Comparing a country like Sri lanka and Pakistan is a crime in the first place.
Long live 🇵🇰, No Power in the world will undo my Country INSHAALLAH
The geographic importance is an idea for fools. We a lot of them in Afghanistan. If it is benefiting these two countries then why they are in this bad situation
If we take practically The whole debate on our economy,,it may be very helpful for Us as well as our Current Affairs
Very well said i have learn numerous lessons honesty, simplicity and productivity etc
How to read English newspaper from basic
ruclips.net/video/r0yDSHkqSXo/видео.html
Very impressively described true picture. Dr. Qais is my teacher in graduation. Hats off 👏
Ye banda jiska teacher hoga uska to allah hi Malik hai...
Finally one person who cares to be vocal..
Only. One. Word. For. Sir. "brilliant. Person"
Either have your programe in English or have English subtitles if you wish an audience outside of some Pakistanis
Wah Qais sahab kia baat ki hai aap ney government say minnatt karney wali… small businesses are risk takers and big business are risk averser
sir u a 100 right very well said point to point explained.
Honestly what is stopping Pakistan from pushing for reforms like we did in 1991 ? It’s seriously baffling me, what is stopping them
Pak economy was always an open economy. Indian adopted socialism b4 1990s.Pak didn't diversify its exports.jst textiles/leather goods/surgical instruments. There is a huge potential fr IT & Medicine raw material exports.
@@maheerraja3012 Good point
Thanks for sharing, Liked it, Loved it, and subscribed to it, keep it up, Love from Delhi, India.
Videos by Atif Mian, are far more truthful, to-the-point, and with effective solutions.
Very useful, sensible and practical suggestions, for those who are willing to listen to him.
WOW! Dr. Aslam, you seem to be one of the rare Pakistani intellects who has analyzed Pakistani economy through facts and wo bringing up emotional issues like Kashmir, Islam etc. like most Pakistanis do. And you have also given sound advise on how to improve the economy. Now, my only question is why are people like you are not running the country's economy.
Outstanding explanation
Complete informative session,
Very well discussed
Lights are off here too. Seems in saving mode 😄
Pakistan is making Record progress Day by Day.They are going back to Stone Age😂.so switching of Light is new way of Celebration😆
@@priyabratapanigrahi4139 CAN'T IMAGINE SUCH SHITS WATCHING THESE KIND OF VIDEOS
@@zainulabdin5377 Some Shits are on Tour of international Begging and Rest are barking shits at Social platforms...Just Nornal Days in Atomic Country..
Whatever thought provoking this speech may b on improving finance/political/economic/social stability of Pak.: NOTHING CAN B DONE & this is the truth; dismembering of decaying Pak.can't b reversed
Feels good to see someone who can talk without bringing religion ten times in every statement. These are the kind of people who actually make the world run. The more the opium of religion is rears it head, the more the problem for a nation.
An absolutely beautiful and insightful interview.
I really appreciate that bcz it is beneficial for all kind of students starts from FSc to graduation level.
I learnt alot from that. 🌹🌹
How to read English newspaper from basic
ruclips.net/video/r0yDSHkqSXo/видео.html
When will we stop rent seeking based on geostrategic location and do something on our own?
What is rent seeking
@alka agarwal rent seeking means " to earn money by providing assistance to powers to fight their wars for example pakistan provided US her bases and soil to fight war in Afghanistan and in return got financial aid..Its totally based on Pakistan's geostrategic location..Pakistan has always relied on this rent seeking based only on its location and haven't done much herself"Hope you got my point
@@farhaankhan5868 , i used to think pakistan as advance nation due to usa rent seeking, but i was shocked that pakistan is 10 yrs backwards from india be it transport, healthcare, industry, education etc
@@mysimplelifestylesum3647 Aligning with USA doesn't make a country advance...US strongly believe on this proverb " kaam nikalwanay k lye gadhay ko b baap bnana parta h" and here Pakistan is that Gadha
@@farhaankhan5868 i fail to understand why dont pakistanis revolt and throw out these elite political powers like zardari,butto etc who are building properties abroad like sri lanka revolt and make a pm who is poor background so he will solve the grassroot problems.
A humble personality. DR. QAIS! ❤️🙏
Kindly upload video on resurgence of terrorism and TTP ideology
How to read English newspaper from basic
ruclips.net/video/r0yDSHkqSXo/видео.html
Sir in my opinion of the biggest reasons of the default would be
1) we dont tax corporations and all/most of our taxes are collected from Direct taxation i.e. on product/service consumption (we dont tax people on the basis of their salaries)
2) Having free trade agreement with countries like china that has destroyed our small industry
3) We dont trade with India instead we get Indian products through UAE and Saudi Arabia for 2/3 times more in price
About your first point, who said we don't tax people on the basis of their salaries??? I am a salaried person I pay a huge sum of tax, so did my father and my brothers do the same. You must not be coming from a salaried person background OR the company you work for is not registered properly therefore avoids taxes on itself and therefore on its employees. I have also worked briefly in such a company it was my first job and it was a small company (less than 12 employees). In fact I would say the salaried person is the one paying the most tax today. Factories and other corporations are avoiding taxes through one way or another but salaried man can't escape it, it is being cut from his/her salary. 😂
Secondly, it is true. We (and India as well) could benefit hugely from direct trade. There is so much India can take from us and so much we can take from them. This is very tragic that our political situation has always been so bad from the start and today it is at its worst. Trust me the common India man is filled with such hatred against Pakistan that he is celebrating the economic collapse and rise in terrorism in Pakistan. We can only hope these two countries will some day resolve their indifferences and get their shit together there is so much benefit for both countries. For heaven's sake they are direct neighbours and both have lots of resources to trade.
Dr Qasim has crystalized the affairs of Pak but he too has refrained comment on Moulvies who are misguiding the youth...
Any country or person who gets into the habit of taking loans can temporarily look rich and behave rich, but in the long run, they are bound to grow poor because you can't change your rich lifestyle suddenly, so to maintain that lifestyle and also to clear loan you have to sell assets.
This is what exactly Papistan did, and facing the current situation.
The other big source of income for Papistan has been in the form of donations mainly from Saudi Arabia for gajwa e hind and from America to control Taliban in Afganistan. Papistan used these donations to raise and train terrorists, spread terrorism all over the world, and the hilarious part is in the name of controlling terrorism Papistan made a lot of money from America.
Saudi Arabia is modernizing and understood that petrol will exhaust soon and hence to survive it must change itself as a result it stopped funding Papistan for gazwa e hind. America, too, understood that Papistan is just leaching money in the name of a fight against terrorism and hence stopped funding.
Overall, because of the stoppage of donations, loan repayment, and natural calamities like floods, Papistan is in a dire situation
I just hope that Papistan realises that it has been used in the name of geo politics, stop all terrorism activities at once, return all occupied territories to India without any conditions and finally revamp its education system by removing hatred for Hindus and India then chances are that it will survive otherwise it's disintegration followed by default is inevitable.
Inspite of huge fertile land and demographic dividend in its population for cheap labour and talented Middle class Pakistan has come to this financial state due to its fundamental policies.
No foreign country will invest money in Pakistan for its image, which can be the best source of foreign exchange, technology and employment.
No tourist will visit Pakistan ispite of its huge tourist potential in North West of the country.
No politician will advocate family planning inspite of the limited resources to provide education , health care and nutrition to ever increasing population.
From the comments of most of Pakistanis on social media it appears they are living in the golden Middle ages of Islam and negating science as a western evil.
Pakistan has economically survived till date due to foreign aid due to its stretigic location and also due to the remittances sent by overseas Pakistanis and that too have been squandered by the people back home in purchasing big houses.
Till Pakistan thinks that it will be helped by the Arab countries for its being a large Muslim country having nuclear bomb and a big army and by America and China for its stretigic location, without working for themselves they will further go down economically.
What a categorical explanation
Pakistan needs to completely overhaul it's economic system. Our people need to be educated and we need to export high value goods and services.
The problem is two fold, Pakistan doesn't have the resources required to feed it's population, and Pakistan exports negligible amounts of cheap goods. If Pakistan can export more then it imports then we can get out of this. But we definitely cannot just curb the demand of 220+ million people.
Reality based analyses of Dr sab. What Pakistan needs is to make sure peace and security for people of all walks of life without any discrimination of caste, creed and colour. Religious tolerance need to be inculcated among our citizens. After that, small and medium enterprises must be set up to increase productivity. We can only develop our economy if we put our youth on the track meaningful, respectable and productive activities.
We have plethora of mismanagement practices of our Government while the whole nation has casual behaviour towards their nation. We as a whole nation in current time are insincere, selfish, corrupt, legpullers, jeoulous within ourself, non-innovative, non-innovative and economically non-viable, compromised leadership, fertilty to become foreign agents etc.
Although we have all the natural resources that are factors of production. But our wrong doings are factors for destruction of our economy.
An amazing interview.
Pakistan being an agrarian economy, importing food grains is quite surprising.
Based on Indian success story, Pakistan can do few things to improve financial condition:
1. Improve productivity in agriculture, Pakistan should be self sufficient.
2. Move energy to solar and wind, give allowance/subsidy to all household to install solar panel.
3. Look for import substitution with local production.
4. Improve education quality to meet global standards.
The tragedy that the we are trapped by elite from decades that have failed to work for national interest.
@@sherjeelhussain2354 in 90s till now your government main focus is kasmir. And forget about your nation and became wealthy by this
I don't have the words to appreciate this masterpiece. One of the best video on the internet on this topic till now.
WHO is proud to be a Muslim🕋🕋
Very informative👍
Dr. Qais Aslam ...
Thanks
Very huge thanks for giving us such informative content, Seriously impressive......... everything is really very very well said, and I also hope to have much more related podcasts, for that waiting hasty........., I'm also an economics graduate and become very well aware of things with different viewpoints while watching this..... so thanks again..... JAZAKALLAH.
Is this all realities came first time in front of u?
No body discussed same thing 1000 times earlier?
We all know all this realities, thats why world put us in least 4 nations of world in passport and growth ranking.
Main question is, *WHO WILL CHANGE THIS SYSTEM?*
@@jombali8891 You Pakistanis are "Rent Khor" and "Sood (interest) Khor". You are lazy people. You don't build any world class products or services. Whoever comes to power, nothing much will change on the ground. Because, Pakistan does not have a safe business climate.
@@jombali8891 no single person is responsible for the change nor will bring change for all.
We all will do our part in life from house wife, father, children. Each on do their own job honestly and try to be honest even when the world is shaking for us.
Our nation need more moral values then it needs financial aid.
Am I positive? I believe change is in nature of time. Look back at history and see how nations and cultures change. No body can stol revolution/change/betterment.
Regards,
A person who is responsible/reason for making 25 Pakistanis writers and contributing to 25 household incomes.
insha'Allah will do more.
@@jombali8891 surely u may know all but I didn't think it before with the terminologies used in this video. but as u have asked who will change, so, for this, I think we all need to work on our own grounds only a single person can't be brought changes......
Enjoyed Learning Each Bit of This Session. Very Comprehensively Described by Dr Qais Because of His Profound Economic Acumen.
MashaAllah apki podcasts k guests bary vip hoty hen
Wow ! So well said.
It's wonderful 💯,,,
Kindly upload video on "Political instability in Pakistan"
How to read English newspaper from basic
ruclips.net/video/r0yDSHkqSXo/видео.html
Well said Dr. Qais! Great to hear from your insights as always.
His opinion is, because Pakistan is strategically important for the west, and a nuclear power, the west will pour money as it was before, to sustain pakistan from not breaking down.😄
This is a standard narrative of pak Establishment ( Army) and politicians too....
Pakistan has some great intellectuals and brilliant minds. If these people are positioned where they should be the nation would been far prosperous. As a neighbour I do wish Pakistan becomes my competitor towards building a nicer and safer place in earth....
Very interesting and information