As an Indian listening to this gentleman, I find it astonishing he identifies the Pak Army Officer Corps, especially the Higher Command, as patriotic and meritorious. What kind of patriotism leads to decisions like land grabbing, plot cutting, looting a nation's resources and moving to foreign lands, en familia, after retirement? What meritocratic patriot buys expensive weapons for generations, torpedoing the economy forever? No Pakistani should be ready to die on this ignominious hill. Is this "economist", who appears to be biased in favor of Pak Armed forces (probably coming from such a background), even well educated??
Pak youtubers are all Pinglish speaking pretentious dolls. Not one, repeat not one has the basic common sense and/or guts to day that religion and the military has completely ruined them. So you get all this bs.
Army has had the longest uninterrupted reign, on four different occasions ,yet accountability should be of the politicians alone. None of the politicians has had even four continuous years in power!
it looks like the mili naghme, tarane and dushman ke bachon ko padana propaganda by the hyperislamic PakiFOJ has clearly worked well...........for the brainwashing..........not for their economy
As per Dr Hasnain, India’s politics is built on vilifying Pakistan. But even a cursory reading of Pakistani news over time suggests that their Primary focus as a culture and country has been distorted to being anti-India. Even as a non-BJP supporter, I can appreciate the dilemma of Govt of India: beyond the histrionics of politics, the LoC will end up as a International Border. This is definite. But to move towards mending relationships with Pakistan is to reward the Pak Army which is only talking the rhetoric of Geo-Economics as it needs a better functioning economy to fatten itself. Finally, till Pakistan does not have civilian supremacy - any mending of relations with India will not have any domestic legitimacy in Pakistan itself. This is the challenge to India-Pakistan relations.
Don't be so sure on LoC becoming border. Pakistan may not last till 2047. Pashtuns, balochs, Sindhi all have differing views from the dominant paki Punjabi community.
Narsimha Rao government who started liberalization in India, lost re-election. Vajpayee government who continued major reforms also lost re-election. Both were patriots who put national interest first over re-election. Þhe first 10-12 years of reforms are exceedingly painful. People who have lived much beyond their means will drastically see their standard of living fall. If you cannot bear the pain associated with 4 months of Miftah, how will you bear 10-12 years of pain?The pain is not theoretical - it IS real.
Nafrat bhi nahi dost. India mein kisi ke paas in aaloo ke chilkon ke liye time nahi hai. But we have started throwing their shit back at them fast. Woh inko bura lag raha hai. Pehle hum gaali khaa lete the. Ab khilaana bhi start kar Diya hai India ne. Inko swaad nahi laga 😂
I really like how calm and controlled Dr sahab is. Even at one point, Shahzeb seemed more aggressive. Became a fan of dr sahab. I am glad he came back to Pakistan.
The fact that Pakistan is still going to continue to siphon huge chunks of money it doesn't have into its Armed forces, should be a source of great solace to Indian policy makers
Get your facts right.price of petrol in India is Rs 96, at Purchasing power parity ratio of 1.44 to 1 its Pakistan equivalent willbe ₹ 142 Pakistani.India has 32.64 crore motorized vehicle & 1000 kms of metro rail network. Fact 2 -- poverty level at $3.65 per day per person Pakistan poverty level -39%,India-16%.In the last 15years India has taken 41.5crore out of poverty
Dr Ali is not only pragmatic and problem solver , he also has a vision as an individual and as a nation. Its surprising to see so many people on the podcast that are real gems but being suppressed by pak establishment. A great podcast shehzad bhai . You are definitely doing your bit to highlight these individuals and hopefully some day these gems will take pakistan in right direction . Enjoyed the podcast 👌
Atleast chalo ap logo ne Manna start tau kia k somehow Pak is involve in 26/11 directly or Indirectly. Javed Akhtar when said the same thing in Pakistan he was criticised. 26/11 is one of the many reasons k india has not given visas for World cup
1. Today it is the anniversary of 26/11 Mumbai attacks for us. We lost so many innocent lives in this terrorist attack emanating from Pakistan. We are losing precious soldiers in Kashmir on a regular basis. 2. India witnessed the genocide of Kashmiri Pandits, again due to terrorism. 3. Bangladesh witnessed the genocide (murders, rapes) in 1971, and it is well documented. The Pak govt has not even said sorry to Bangladesh till date. The current generation of India will not forget and forgive anyone. Pakistan is moving towards being a completely failed state and mark my words, it will be ruined due to its bad karma. The main reason for downfall of Pakistan will be the silence of its citizens against all atrocities. They have been silent against terrorism. Now, they are witnessing the effects of their silence.
The bulk of people leaving from ISB airport are daily wage workers. The departure gate is packed with people from all over northern areas of Pakistan who mostly leave for Arab countries. Incoming is nonexistent in terms of international travelers and most incoming are those same people coming home. It's not "empty", rather the arrivals are empty where as departures are full.
As a politician i would go to the army and say that in 1991 the ratio Pak defense budget to Indian defense budget was 1:3. Now despite maintaining a high defense expenditure, the ratio is 1:10. This negative direction will continue unless reforms are brought in, which will also affect military adversely. What would they say? Secondly after 8th finance commission, 58% of revenue goes to provinces which military cannot touch. So to say that politicians have only 10% to play with is not factual.
Even if army has a meritocracy system which allows ppl to come to the top. Does that mean, they are capable enough and have the expertise to run an entire country singlehandedly as a dictator.
USA probably has the best people in its military. But if they rule USA, it will collapse. Pakistan military is a joke, full of Punjabi thugs and you can see what they have done to the country.
Ali was brilliant as always. Also, completely agree on UBI Shehzad. However, I'm always concerned about how developing/underdeveloped countries would sustain UBI especially in a scenario where the developed economies have far less demand for our labour.
Mr Shehzad if there are so many intellectuals are there in Pakistan,then why it had not progressed and prospered in 75 years. This may be the last chance for Pakistan to think pragmatically, shed old outdated thinking because now the world has changed. It may not give same type of aid, help to Pakistan. The problem in Pakistan is that their citizenry is so much radicalized by the leaders it has become difficult for themselves to come out of it.
I think your guest is being economical with the truth. Trade was stopped by Pakistan not India. India gave one sided MFN for a long time (before finally losing patience and revoking it) , Pakistan never extended it. So while both sides might have camps on villifying the other, trade was stopped by Pakistan. India could have stopped trade after 26/11 or any other of the numerous terrorist attacks but didn't.
TPE, you rock! You are now a foundation stone in Pakistani culture. In 10 years, TPE will be a shining palace and a light house creating new culture. Central Nervous system was mentioned 23 times! Keep this as a trend going. We need it. Muscle is mightier than Nervous system. So it is tough for the current people to evolve a working nervous system. Also, the future cannot create a nervous system as they are all out of school. Finally, it looks like only a TTP-TJP and it offsprings can overpower the current muscle power. So, this looks like the most evident future. Congrats to everyone 👏
Loved the show, regarding India pak relationships, the uniformity between is much more than the uniformity within and steps like TPK are in the right direction!
You said Benazir was in power for 1.5 years, Nawaz for 2, Benazir for another year and Nawaz for 2. This totals 6.5 years. Those numbers are wrong. Benazir was in power for 2 years, Nawaz for 3, Benazir for 3, and Nawaz for 3. Total was 11 years from 1988-1999.
Excellent Shehzad Vlog with Dr. Ali Hasanain. Problem with Pakistan is how to deploy their best resource and that is their young people and create something that rest of the World needs.
As far as trade with India is concerned, India granted MFN status to PakistN in 1996. Pakistan never reciprocated. Eventually India revoked it after Pulwama.
Pak is living in a cocoon if they think only they can decide how to behave with neighbors. Pak govt sponsors terrorism in India and they expect India to still do GeoEconomics. Pak started wars with India and now they want peace and people to people contact. Buddy we don't want anything to do with Pak. You live your own life and we are living ours. We don't hate common Pak citizens but we don't like them either. Simple reason: The citizens are not doing anything to prevent terrorism industry in Pak. They can't even dare to protest and ask for intelligent people to come to power who can promote peace and education.
Taimur Rehman gives example of UAE and HK who have dollar peg to justify it in Pakistan. Both countries have huge current account surplus and large reserves. Pakistan has neither. His argument was fatally flawed.
I didn't hear the whole podcast.... fell asleep, it helps me with my insomnia. Did I hear correctly...someone said something about a "benevolent dictator"????😮
Two pronged solution to all financial crisis of Pakistan is 50% reduction in its army in terms of size and spend and mandatory showing of income tax paid receipt before any luxury purchase or real estate including land.
Amazing podcast Shahzad . Have been following you (and strongly recommending your podcasts) for more than a year now. Hope you continue and do much more of this great work. Just a comment - sometimes your personal bias (which I mostly agree with) comes out too strong and sort of limits the conversation. I’m no expert on journalism and podcasts at all - but from an avid listener , I would suggest if you hold it back a bit, it would add to making the dialogue more fluent. In any case, super work and please keep informing the electorate.
This is not an oddity! For instance, the chair of the Department of Political Science at McGill University in Montreal, Canada, after serving out his tenure as the department head Professor Manfredi reverted to his position of associate professor.
Amazing series. Please try to invite Shahzed Khanzada, that journalist from geo. It would be interesting to hear from the mainstream a bit more cadidly.
Dr Hasanain's point about the mindset in India after the Bombay attacks is perceptive. But there is a different dimension. We all know that all countries have their own share of whackos but civilized nations isolate and penalize them to serve as a deterrent. If such a follow-up had happened after the Bombay attacks, most Indians would have reconciled to the horror more readily and accepted the Pakistani state meant well. Instead the Pakistani authorities denied all knowledge and when your National Security Advisor (Gen Durrani) admitted it was the handiwork of Pakistanis, he was summarily sacked. The journalists who tracked down Kasab's parents were reviled as traitors. That is when Pakistan lost the plot because it looked that the government itself was part of the plan. So it was not the Bombay terror alone that created a deep revulsion in Indian minds but the reluctance of the Pakistani state to make the right noises and take steps that would have been reassuring to common Indians. Once established, a distrustful constituency is very difficult to fix.
1:49:09 I had high expectations on this question, but how can econ professor say this? how can any Govt tax unrealized gains? If Jeff Bezos is a billionaire, he is a billionaire on paper, if he decided to sell all his shares in the market today, the value given by investors to that share will fall. Unrealized gains can’t be taxed, the same as unrealized losses can’t be adjusted. Access to capital for billionaires can mean made harder, like taxing the loans / debt they take, or have regulations in place that not one person can own more than, let’s say a billion dollar worth of stock on a company, i one does, he will gradually have to sell. So they can be taxed on it.
پاکستان میں ترقی ممکن ہے اگر مدرسوں کو اسکولوں میں بدل کر جدید تعلیم سے نئی نسل کو روشناس کرایا جائے. اسلام مذہب فقط کتابوں میں اچھاہے.حقیقی دنیا میں اس کے نتائج ہولناک ہیں.
Defence budget including military pensions, ESGs, and other expenditure, etc, is 42% of federal revenue. Another 56% spent towards debt servicing. Only 2% remains for development. Huge sums are borrowed as short term 3 month bonds to keep white elephants like PIa, steel mill alive & to pay govt salaries. The only way 🇵🇰 can progress is through increasing savings & investment. 🇵🇰 can't borrow it's way to growth & productivity.
1:38:47 the debate about pet food, and it being millions of dollars is stupid, in my opinion. If the dollar is determined by the market, people will stop buying expensive food, the people who still can will, and pay taxes on it. When we say “tightening the belt for a few years”, have $ reach it’s market value is that. Making things expensive, so we Pakistani’s start living within our means.
There shall be no trade. Pakistan can do all the trading with China, Iran, and Afghanistan. PoK should return to India but the people should move to Punjab province
Nawaz Sharif says he wants to normalize ties witg India. Then their parties manifesto says that there cannit be taljs until articke 370 is reinstated. This same thing happened when Shehbaz became PM. He said there shoukd be talks with India and Bilawal said no talks until article 370 is reinstated. This waa the same condition by Imran and why as commerce minister he approved importing sugar and cotton from India and as PM he declined it. All these offers of talks with a non-starter preconditions are insincere.
Thank you Mr Ali. Glad to hear, it's not the FM, it's a political will (as you mentioned, the big boss, in India it's the PM and Pakistan, it's PM and/or combination of PM and Army) which could make the reforms work. In India, it's Mr Rao, the then PM (also, a minority govt (Congress party did not have the full majority in the house), who captained these reforms. He gave Mr. Singh, the then FM, freedom to do what's necessary.
Saudi Arabia and UAE both have large dollar reserves and current account surplus. Pakistan has neither. Indian currency 20 year back was 1$= 48 rupees and today it us 1$=83 rupees. Indian rupee does not have a dollar peg even though it has high reserves, because like Pakistsn it has a current account deficit. It's level of depreciation has been less than Pakistsn because it does much better in exports and much better in attracting foreign investment in industries as well as stock markets.
Ali Hasnain is thinking style seems to be of a typical privileged Punjabi who apparently subscribes to a narrow version of National identity for Pakistan. In India there is a tremendous amount of subregional cultural pride that varies from State to State and even within a state. Yet, there is no dearth of pride for being Indian or of India. Hasnain, with all due respect, needs to talk to non-Punjabi intellectuals to identify the problems with forced/manufactured identities and a loss of healthy ethnic pride. That said, he is a fine intellectual and a fine economist and a credit to LUMS.
Haha he gave a very clear view of why relations between India and Pakistan will not normalise and trade will not happen. Post 26/11 there is a grass roots level negative view of Pakistan, so Indian politicians will have to spend tremendous political capital to overcome that. It is not worth it for them. And Pakistan has much more to gain from trade than India. For India the gains are negligible. So again it is not worth it to go against the popular sentiments for Indian poliitcians. Finally he says, in his own way, there is no way to normalise without Pakistan eating humble pie and abandoning long held positions. That is all there is to it. The only way this will change is if both countries have a lot to gain from normalisation, and not just Pakistan. India's threshold to come to negotiations will also come down if the perception of Pakistani society and people changes in India. You can have 100s of level headed conversations and videos showcasing friendship. All it takes is 1 news of some Hindu girl being abducted, some "blasphemer" being lynched etc for it to reinforce the negative view. Even in Pakistan it works the same way, but it doesn't matter because we Indians don't need any trade with Pakistan. Most Indian and Paki commenters are pretty stupid and tend to miss the forest for the trees.
Kya clickbait title hain... You cannot prevent collapse of an economy that has already all but collapsed, more than 13 times it has been bailed out by IMF/World Bank, which is nothing but ventilator support. As long as Pak Army eats 33%+ of budget kuch nahi ho saktha inka
Why isn’t the interviewee suggesting that Pakistani elite can invest into the economy to improve local manufacturing, 😮 change policies to improve the agriculture potential & create a policy framework that makes Chinese investments attractive in sectors where china is running out of workers.
Shehzad ghias has few comments from way out of the topic talk and he pulls the carpet from the speaker on those absurd illogical comments. At least let the economist talk and let him put his ideas through. Why do the UA-camrs think they are the master of all trades !
Shahzad bhai if you have invited an expert dont try to push your beliefs on him, definitely challenge if you feel strongly about the topic but dont start claiming to be an expert yourself
Can you point out where exactly I did either of those two things? If you go back and watch the Taimur Rahman podcast, you'll see me pushing back making the points Ali Hasnain is making here. Pushbacks help the guest articulate their point even further and add depth to it, warna toh monologue hojaye, conversation kee yehi toh beauty hay - please don't think of these things as "pushing your belief" - matlab bhi kya hay iska boss? Mai nay kaunsa danda le kar unko bola meri baat mano :D
Aap kisi foreign analysis karne wale ko laye jo India pak relation ke future par discuss kare, jisse dodo country apne defence par kam kharch kare Please
@Akarsh2008 and still u peaceniks (including the original commentor) asks such stupid things. Learn some history.... and most importantly pakistani mindset !
Agriculture + oversea's pakistani foreign exchange are only our assets. All the rest is monipulating to earn money by any means? Are you fair for your services?
Very interesting conversation. It is always good to listen to academicians. Very well moderated by you. I am a avid follower and like all your podcasts.
As an Indian listening to this gentleman, I find it astonishing he identifies the Pak Army Officer Corps, especially the Higher Command, as patriotic and meritorious. What kind of patriotism leads to decisions like land grabbing, plot cutting, looting a nation's resources and moving to foreign lands, en familia, after retirement? What meritocratic patriot buys expensive weapons for generations, torpedoing the economy forever? No Pakistani should be ready to die on this ignominious hill. Is this "economist", who appears to be biased in favor of Pak Armed forces (probably coming from such a background), even well educated??
He probably does not want a software and hardware update.
Pak youtubers are all Pinglish speaking pretentious dolls. Not one, repeat not one has the basic common sense and/or guts to day that religion and the military has completely ruined them. So you get all this bs.
Dont twist his words
Army has had the longest uninterrupted reign, on four different occasions ,yet accountability should be of the politicians alone. None of the politicians has had even four continuous years in power!
it looks like the mili naghme, tarane and dushman ke bachon ko padana propaganda by the hyperislamic PakiFOJ has clearly worked well...........for the brainwashing..........not for their economy
As per Dr Hasnain, India’s politics is built on vilifying Pakistan.
But even a cursory reading of Pakistani news over time suggests that their Primary focus as a culture and country has been distorted to being anti-India.
Even as a non-BJP supporter, I can appreciate the dilemma of Govt of India: beyond the histrionics of politics, the LoC will end up as a International Border. This is definite. But to move towards mending relationships with Pakistan is to reward the Pak Army which is only talking the rhetoric of Geo-Economics as it needs a better functioning economy to fatten itself.
Finally, till Pakistan does not have civilian supremacy - any mending of relations with India will not have any domestic legitimacy in Pakistan itself. This is the challenge to India-Pakistan relations.
Don't be so sure on LoC becoming border. Pakistan may not last till 2047. Pashtuns, balochs, Sindhi all have differing views from the dominant paki Punjabi community.
Pakistanis can never be trusted be it army generals or politicians or it’s people.
All are rotten.
Very true
Narsimha Rao government who started liberalization in India, lost re-election. Vajpayee government who continued major reforms also lost re-election. Both were patriots who put national interest first over re-election. Þhe first 10-12 years of reforms are exceedingly painful. People who have lived much beyond their means will drastically see their standard of living fall.
If you cannot bear the pain associated with 4 months of Miftah, how will you bear 10-12 years of pain?The pain is not theoretical - it IS real.
Very well put
Puri country India se nafrat ke naam pe chalai 76 year's
Abhi agle ne thodi nafrat dikha di to hazam nai ho Rahi👏👏
Nafrat bhi nahi dost. India mein kisi ke paas in aaloo ke chilkon ke liye time nahi hai. But we have started throwing their shit back at them fast. Woh inko bura lag raha hai. Pehle hum gaali khaa lete the. Ab khilaana bhi start kar Diya hai India ne. Inko swaad nahi laga 😂
I really like how calm and controlled Dr sahab is. Even at one point, Shahzeb seemed more aggressive.
Became a fan of dr sahab. I am glad he came back to Pakistan.
The fact that Pakistan is still going to continue to siphon huge chunks of money it doesn't have into its Armed forces, should be a source of great solace to Indian policy makers
Get your facts right.price of petrol in India is Rs 96, at Purchasing power parity ratio of 1.44 to 1 its Pakistan equivalent willbe ₹ 142 Pakistani.India has 32.64 crore motorized vehicle & 1000 kms of metro rail network.
Fact 2 -- poverty level at $3.65 per day per person
Pakistan poverty level -39%,India-16%.In the last 15years India has taken 41.5crore out of poverty
But he has to prove his argument
Liberal?
Dr Ali is not only pragmatic and problem solver , he also has a vision as an individual and as a nation.
Its surprising to see so many people on the podcast that are real gems but being suppressed by pak establishment.
A great podcast shehzad bhai . You are definitely doing your bit to highlight these individuals and hopefully some day these gems will take pakistan in right direction .
Enjoyed the podcast 👌
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Atleast chalo ap logo ne Manna start tau kia k somehow Pak is involve in 26/11 directly or Indirectly.
Javed Akhtar when said the same thing in Pakistan he was criticised.
26/11 is one of the many reasons k india has not given visas for World cup
This guest is so soft spoken. The way he speaks is so comforting.
05:43 "Dar-asters" (Disasters). I dont think Ali Hasanain got it. Love your sharp wit. Cracked me up.
🤣
1. Today it is the anniversary of 26/11 Mumbai attacks for us. We lost so many innocent lives in this terrorist attack emanating from Pakistan. We are losing precious soldiers in Kashmir on a regular basis.
2. India witnessed the genocide of Kashmiri Pandits, again due to terrorism.
3. Bangladesh witnessed the genocide (murders, rapes) in 1971, and it is well documented. The Pak govt has not even said sorry to Bangladesh till date.
The current generation of India will not forget and forgive anyone. Pakistan is moving towards being a completely failed state and mark my words, it will be ruined due to its bad karma. The main reason for downfall of Pakistan will be the silence of its citizens against all atrocities. They have been silent against terrorism. Now, they are witnessing the effects of their silence.
The bulk of people leaving from ISB airport are daily wage workers. The departure gate is packed with people from all over northern areas of Pakistan who mostly leave for Arab countries. Incoming is nonexistent in terms of international travelers and most incoming are those same people coming home. It's not "empty", rather the arrivals are empty where as departures are full.
As a politician i would go to the army and say that in 1991 the ratio Pak defense budget to Indian defense budget was 1:3. Now despite maintaining a high defense expenditure, the ratio is 1:10. This negative direction will continue unless reforms are brought in, which will also affect military adversely. What would they say?
Secondly after 8th finance commission, 58% of revenue goes to provinces which military cannot touch. So to say that politicians have only 10% to play with is not factual.
It's a perfect recipy for further economic distruction.
Almost every economist of pakistan same views on CPEC without any data. Why the system is so secrets?
China's preference to not disclose! and lack of our government to say otherwise as no one seems to care.
Dr. Ali hasnain found something useful in Wilbur Wright's quote that he didn't find first in Qoran or Hadith. Wow! Minfld blowing.
Finally, i can say not all Pakistanis are Jihadis. There are 5-6 who are not. Dr. Ali seems to be one of them.
You didn't hear his views of Pakistani army's genuine "Strategic" intrest with respect to India.
Even if army has a meritocracy system which allows ppl to come to the top. Does that mean, they are capable enough and have the expertise to run an entire country singlehandedly as a dictator.
USA probably has the best people in its military. But if they rule USA, it will collapse. Pakistan military is a joke, full of Punjabi thugs and you can see what they have done to the country.
Hi Shehzad, You are investing in Pakistanis by educating them -- great talk - Enjoyed a lot.
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i don’t know if you’ll see this comment; but invest in english subtitles. It willl have a tremendous impact on ur audience.
Ali was brilliant as always.
Also, completely agree on UBI Shehzad. However, I'm always concerned about how developing/underdeveloped countries would sustain UBI especially in a scenario where the developed economies have far less demand for our labour.
i love these kind of lectures. Uninterrupted, chill and informative,
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@@ThePakistanExperience for a moment I thought, aapne kaha "lanat !"
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Mr Shehzad if there are so many intellectuals are there in Pakistan,then why it had not progressed and prospered in 75 years. This may be the last chance for Pakistan to think pragmatically, shed old outdated thinking because now the world has changed. It may not give same type of aid, help to Pakistan. The problem in Pakistan is that their citizenry is so much radicalized by the leaders it has become difficult for themselves to come out of it.
Koi sunta nahee hay yahan intellectuals ki
I think your guest is being economical with the truth. Trade was stopped by Pakistan not India. India gave one sided MFN for a long time (before finally losing patience and revoking it) , Pakistan never extended it. So while both sides might have camps on villifying the other, trade was stopped by Pakistan. India could have stopped trade after 26/11 or any other of the numerous terrorist attacks but didn't.
इस इंटरव्यू में शहज़ाद निश्चित रूप से एक बेहतर understanding रखते हैं।
He is my instructor at LUMS. A great man
He is way too afraid of the military establishment 😂 cant say anything bad without 'disclaimers'
Everyone, all yoyrubers never question their mistake and mullahs. So Pakistan is eternally doomed.
TPE, you rock! You are now a foundation stone in Pakistani culture. In 10 years, TPE will be a shining palace and a light house creating new culture.
Central Nervous system was mentioned 23 times! Keep this as a trend going. We need it.
Muscle is mightier than Nervous system. So it is tough for the current people to evolve a working nervous system. Also, the future cannot create a nervous system as they are all out of school.
Finally, it looks like only a TTP-TJP and it offsprings can overpower the current muscle power. So, this looks like the most evident future. Congrats to everyone 👏
❤🙌
I just read in Twitter, that Nawaz Sharif had made great economic reforms in 1991 but was unable to achieve outcome due political instability
@Akarsh2008😂😂😅
@Akarsh2008 no,it was typing error
Loved the show, regarding India pak relationships, the uniformity between is much more than the uniformity within and steps like TPK are in the right direction!
You said Benazir was in power for 1.5 years, Nawaz for 2, Benazir for another year and Nawaz for 2. This totals 6.5 years. Those numbers are wrong. Benazir was in power for 2 years, Nawaz for 3, Benazir for 3, and Nawaz for 3. Total was 11 years from 1988-1999.
"Debts that can't be paid, won't be paid". I'm sure you gentlemen have heard that quote.
One of the best minds from LUMS ❤
Respected Dr Sahib, You have very gracefully quoted as Hakeem, Basically, this kind of people most Suitable job is ' Munshi ' at Anar Kali Bazar shop.
One of thr best podcasts on pakistan
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Excellent Shehzad Vlog with Dr. Ali Hasanain. Problem with Pakistan is how to deploy their best resource and that is their young people and create something that rest of the World needs.
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They should close all schools and open madarassas over there. They will be happy. Everyone has right to be happy. Don't misguide them
This is the type of discussion we need the most than anything else!!
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And Atta of course..
No one listens this. Choice of majority people is hazra khan. 😂
As far as trade with India is concerned, India granted MFN status to PakistN in 1996. Pakistan never reciprocated. Eventually India revoked it after Pulwama.
Pak is living in a cocoon if they think only they can decide how to behave with neighbors. Pak govt sponsors terrorism in India and they expect India to still do GeoEconomics. Pak started wars with India and now they want peace and people to people contact. Buddy we don't want anything to do with Pak. You live your own life and we are living ours. We don't hate common Pak citizens but we don't like them either. Simple reason: The citizens are not doing anything to prevent terrorism industry in Pak. They can't even dare to protest and ask for intelligent people to come to power who can promote peace and education.
Awesome guest
Love it
I wish i understood economy
Economic reforms are very difficult and unpopular. It takes political will and resilience from public as well. Both maybe missing with Pakistan.
Once again very engaging/challenging presenter!
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Salam, great talk Shehzad. Always good to see an economist on your show.
Carry on the good work.
JazakAllah kher.
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Taimur Rehman gives example of UAE and HK who have dollar peg to justify it in Pakistan. Both countries have huge current account surplus and large reserves. Pakistan has neither. His argument was fatally flawed.
Someone should start a vlogs or podcasts about “ history of disasters of pakistan’s economy.
One of the best podcasts ever, great job Shahzad
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Thank you, Dr Ali. but Anchor needs to improve his thinking and maturity
Yaar mera 5th ko exam hai, khuda ke liya itne ache podcast abhi release na karein.
never forget 26/11
Hasnain bhai, thoda to smile kr diya katein😂😂
He speaks like university lecturer, but he is good.
He talked more about problems, less about solutions.
How many billions of dollar loan in Pakistan
Very educating discussion
Enjoying it Bhai .... should be More podcast on economy 👍 ....... Bhai Ammar Habib khan KO b bulayn dobara ....
Excellent interview. He explains Pakistani economic situation and pros/cons of solutions so well. Thanks gor having him on
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I didn't hear the whole podcast.... fell asleep, it helps me with my insomnia. Did I hear correctly...someone said something about a "benevolent dictator"????😮
Both of you please discuss about how to overcome from default why are you discussing about economy
Two pronged solution to all financial crisis of Pakistan is 50% reduction in its army in terms of size and spend and mandatory showing of income tax paid receipt before any luxury purchase or real estate including land.
Amazing podcast Shahzad . Have been following you (and strongly recommending your podcasts) for more than a year now. Hope you continue and do much more of this great work.
Just a comment - sometimes your personal bias (which I mostly agree with) comes out too strong and sort of limits the conversation. I’m no expert on journalism and podcasts at all - but from an avid listener , I would suggest if you hold it back a bit, it would add to making the dialogue more fluent.
In any case, super work and please keep informing the electorate.
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It was a very informative discussion. Kudos to Shehzad bhai.
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just one question: how does one go from Head of Dept. to Associate Professor of the same dept. ?
This is not an oddity! For instance, the chair of the Department of Political Science at McGill University in Montreal, Canada, after serving out his tenure as the department head Professor Manfredi reverted to his position of associate professor.
This video has the right caption..
Want podcast with abhijit iyer mitra
Amazing series. Please try to invite Shahzed Khanzada, that journalist from geo. It would be interesting to hear from the mainstream a bit more cadidly.
Dr Hasanain's point about the mindset in India after the Bombay attacks is perceptive. But there is a different dimension. We all know that all countries have their own share of whackos but civilized nations isolate and penalize them to serve as a deterrent. If such a follow-up had happened after the Bombay attacks, most Indians would have reconciled to the horror more readily and accepted the Pakistani state meant well. Instead the Pakistani authorities denied all knowledge and when your National Security Advisor (Gen Durrani) admitted it was the handiwork of Pakistanis, he was summarily sacked. The journalists who tracked down Kasab's parents were reviled as traitors. That is when Pakistan lost the plot because it looked that the government itself was part of the plan. So it was not the Bombay terror alone that created a deep revulsion in Indian minds but the reluctance of the Pakistani state to make the right noises and take steps that would have been reassuring to common Indians. Once established, a distrustful constituency is very difficult to fix.
1:49:09 I had high expectations on this question, but how can econ professor say this? how can any Govt tax unrealized gains? If Jeff Bezos is a billionaire, he is a billionaire on paper, if he decided to sell all his shares in the market today, the value given by investors to that share will fall. Unrealized gains can’t be taxed, the same as unrealized losses can’t be adjusted.
Access to capital for billionaires can mean made harder, like taxing the loans / debt they take, or have regulations in place that not one person can own more than, let’s say a billion dollar worth of stock on a company, i one does, he will gradually have to sell. So they can be taxed on it.
پاکستان میں ترقی ممکن ہے اگر مدرسوں کو اسکولوں میں بدل کر جدید تعلیم سے نئی نسل کو روشناس کرایا جائے. اسلام مذہب فقط کتابوں میں اچھاہے.حقیقی دنیا میں اس کے نتائج ہولناک ہیں.
Defence budget including military pensions, ESGs, and other expenditure, etc, is 42% of federal revenue. Another 56% spent towards debt servicing. Only 2% remains for development. Huge sums are borrowed as short term 3 month bonds to keep white elephants like PIa, steel mill alive & to pay govt salaries. The only way 🇵🇰 can progress is through increasing savings & investment. 🇵🇰 can't borrow it's way to growth & productivity.
1:38:47 the debate about pet food, and it being millions of dollars is stupid, in my opinion. If the dollar is determined by the market, people will stop buying expensive food, the people who still can will, and pay taxes on it.
When we say “tightening the belt for a few years”, have $ reach it’s market value is that. Making things expensive, so we Pakistani’s start living within our means.
Finland tax structure is worth referencing as a guideline when you want to support universal minimum income.
why not sharia Law, are you islamophobic ? Sharia law is the only thing pakistan need
Finally I don't see any solution and I guess we all know why......😢
Can you debate future of Islam and Science in Pakistan?
Until and unless Pakistan agrees to make LOC an international border. Resuming trade would be difficult.
There shall be no trade. Pakistan can do all the trading with China, Iran, and Afghanistan.
PoK should return to India but the people should move to Punjab province
@@atokimruk937 Sheer delusion but that's to be expected from a jahil bakht.
That was conditions during 1st modi govt. regime. now that's off the table.😂😂
@@waleedabbas4996 bhai tum ye batao trade karne se terrorism ke alawa kya doge tum?
@@Takecare55 Main ne kaha trade ke baare main? Khud se bongian maar rahe ho, fazool main uchal rha ha.
Main ne Punjab wali baat par bola tha.
Nawaz Sharif says he wants to normalize ties witg India. Then their parties manifesto says that there cannit be taljs until articke 370 is reinstated. This same thing happened when Shehbaz became PM. He said there shoukd be talks with India and Bilawal said no talks until article 370 is reinstated. This waa the same condition by Imran and why as commerce minister he approved importing sugar and cotton from India and as PM he declined it. All these offers of talks with a non-starter preconditions are insincere.
Thank you Mr Ali. Glad to hear, it's not the FM, it's a political will (as you mentioned, the big boss, in India it's the PM and Pakistan, it's PM and/or combination of PM and Army) which could make the reforms work. In India, it's Mr Rao, the then PM (also, a minority govt (Congress party did not have the full majority in the house), who captained these reforms. He gave Mr. Singh, the then FM, freedom to do what's necessary.
Dr Ali's arguments and the way he tackles the anchor, was something to watch for. Anchor looks so timid at times.
Next time kursi utha kar maar doon ga 😭😅
@@ThePakistanExperience 😂
If we look at Saudi Arabia and the UAE for example, even India, the dollar rate has remained almost the same for the past 20 Years
Saudi Arabia and UAE both have large dollar reserves and current account surplus. Pakistan has neither. Indian currency 20 year back was 1$= 48 rupees and today it us 1$=83 rupees. Indian rupee does not have a dollar peg even though it has high reserves, because like Pakistsn it has a current account deficit.
It's level of depreciation has been less than Pakistsn because it does much better in exports and much better in attracting foreign investment in industries as well as stock markets.
Ali Hasnain is thinking style seems to be of a typical privileged Punjabi who apparently subscribes to a narrow version of National identity for Pakistan. In India there is a tremendous amount of subregional cultural pride that varies from State to State and even within a state. Yet, there is no dearth of pride for being Indian or of India. Hasnain, with all due respect, needs to talk to non-Punjabi intellectuals to identify the problems with forced/manufactured identities and a loss of healthy ethnic pride. That said, he is a fine intellectual and a fine economist and a credit to LUMS.
a good show :
last 2-3 generals ma se kon sa general taat ka school se parha howa ha?
Haha he gave a very clear view of why relations between India and Pakistan will not normalise and trade will not happen. Post 26/11 there is a grass roots level negative view of Pakistan, so Indian politicians will have to spend tremendous political capital to overcome that. It is not worth it for them. And Pakistan has much more to gain from trade than India. For India the gains are negligible. So again it is not worth it to go against the popular sentiments for Indian poliitcians. Finally he says, in his own way, there is no way to normalise without Pakistan eating humble pie and abandoning long held positions. That is all there is to it.
The only way this will change is if both countries have a lot to gain from normalisation, and not just Pakistan. India's threshold to come to negotiations will also come down if the perception of Pakistani society and people changes in India. You can have 100s of level headed conversations and videos showcasing friendship. All it takes is 1 news of some Hindu girl being abducted, some "blasphemer" being lynched etc for it to reinforce the negative view. Even in Pakistan it works the same way, but it doesn't matter because we Indians don't need any trade with Pakistan.
Most Indian and Paki commenters are pretty stupid and tend to miss the forest for the trees.
not valid analysis regarding 2017-18.
Super podcast! Like always. More power to you.
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Moral of the story: since the demand for Mujahadins is very low in this global environment, Thats why Pakistani Rupees value is crashing.
Economy pe ur video upload krre thx ❤😊
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keeping dollar low is best for the people. dollar should be at most 100.
Kya clickbait title hain...
You cannot prevent collapse of an economy that has already all but collapsed, more than 13 times it has been bailed out by IMF/World Bank, which is nothing but ventilator support. As long as Pak Army eats 33%+ of budget kuch nahi ho saktha inka
Why isn’t the interviewee suggesting that Pakistani elite can invest into the economy to improve local manufacturing, 😮 change policies to improve the agriculture potential & create a policy framework that makes Chinese investments attractive in sectors where china is running out of workers.
Shehzad ghias has few comments from way out of the topic talk and he pulls the carpet from the speaker on those absurd illogical comments. At least let the economist talk and let him put his ideas through. Why do the UA-camrs think they are the master of all trades !
Shahzad bhai if you have invited an expert dont try to push your beliefs on him, definitely challenge if you feel strongly about the topic but dont start claiming to be an expert yourself
Can you point out where exactly I did either of those two things?
If you go back and watch the Taimur Rahman podcast, you'll see me pushing back making the points Ali Hasnain is making here. Pushbacks help the guest articulate their point even further and add depth to it, warna toh monologue hojaye, conversation kee yehi toh beauty hay - please don't think of these things as "pushing your belief" - matlab bhi kya hay iska boss? Mai nay kaunsa danda le kar unko bola meri baat mano :D
Power distribution in PAKISTAN? Well this is mind boggling.
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Aap kisi foreign analysis karne wale ko laye jo India pak relation ke future par discuss kare, jisse dodo country apne defence par kam kharch kare
Please
Ek aur chutiya jo sochta h ki pakistan bharose layak h
Aman ki aasha waale chutiyo, tum sikhte kyu nahi ho
@Akarsh2008india spends mostly for Chinese threats now days. We can keep pak at bay but china is real deal.
@Akarsh2008 and still u peaceniks (including the original commentor) asks such stupid things. Learn some history.... and most importantly pakistani mindset !
Chu pak ke liye itna spend nai karta india china ke liye karta hai
@Akarsh2008No. Our defense capabilities are much lower than China and playing catch up. Cannot afford to reduce defense.
Everyone knows that except Pakistan rulers💀
The real rulers
Buy Time.
All hail the diamond digger
Salute to Shehzad
1:01:01
Agriculture + oversea's pakistani foreign exchange are only our assets. All the rest is monipulating to earn money by any means?
Are you fair for your services?
Very interesting conversation. It is always good to listen to academicians. Very well moderated by you. I am a avid follower and like all your podcasts.
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49:44 very questionable