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
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
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.
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.
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.
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.
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 👏
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.
Focus on primary education, public health and youth skill development. This is a sincere opinion from an indian who dont hate ordinary pakistani people.
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
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.
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.
@hania ahmed 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.
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.
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!
Ohh god if this type of intellectuals in Pakistan (in respected manner) i bet you Pakistan remain in same position after 20 25 years they told USA will save us because of our location nd if we collapse whole world banking system will collapse 🤕🤒👺👽
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
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.
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.
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.
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.❤️❤️
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.
@@zainulabdin5377 Some Shits are on Tour of international Begging and Rest are barking shits at Social platforms...Just Nornal Days in Atomic Country..
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.
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.
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.
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.
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.
@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.
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 !!!!
I am speechless about the wisdom in this show. Mind blowing that we are so far behind on various goals.
🤣🤣🤣
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
It feels great to see such an intellectual personality , explaining issues in detail having optimistic approach! Long live PAKISTAN!
Gave me hope. Refreshing talk
Excellent work . from gujranwala.punjab.pakistan
Dr. Qais Aslam, great personality to listen to..........
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
Excellent brief about Pakistani economy
vlog sun k maza aya....
Great work sir 👏
Sir ap tu kamaal kr gaye ... Itnaa Knowledge m ezaafaa keeyaa m surprise hoo gayaa hoon
very very nice
Very well discussed
Extremely simple and very comprehensive
First time I have heard some sensible person from Pakistan.
Thanks for the content
Very interesting and information
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 talked about economic conditions of Pakistan very comprehensively and in categorical analysis ✨
informative video
Your studio is too 🌑🕶️🕶️🕶️🕶️🕶️🕶️....please make it 🌞🌞🌞🌞🌞🌞🌞🌞
He is a real gentleman. I hope people will listen. He should have spoken about Good work Modiji has done.
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.
Precious minds like him must be used
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
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.
Brilliant
sir u a 100 right very well said point to point explained.
Dr. Qais Aslam ...
Thanks
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.
Very informative👍
it was good
Very nice session
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 👏
hats off😍
Wow ! So well said.
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.
An amazing interview.
Outstanding explanation
V nice vid .
Very informative and very well explained... Thanks a lot
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
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
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
Optimism is good things but over optimistic people can ruin the hope forever.
Thanks for sharing, Liked it, Loved it, and subscribed to it, keep it up, Love from Delhi, India.
Very well said i have learn numerous lessons honesty, simplicity and productivity etc
How to read English newspaper from basic
ua-cam.com/video/r0yDSHkqSXo/v-deo.html
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.
Remove Corruption
We will be Super Power
That's it.
Finally one person who cares to be vocal..
If we take practically The whole debate on our economy,,it may be very helpful for Us as well as our Current Affairs
Excellent analysis
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.
@hania ahmed 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.
so much brilliant speech
its to amazing to hear this video
i know i cant find such from anywhere else
🥰😋
MaahaAllah
If he is a financial expert, the causes of Pakistan's agony are quite transparent.
What a categorical explanation
Excellent analysis, Doctor.
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
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!
Ohh god if this type of intellectuals in Pakistan (in respected manner) i bet you Pakistan remain in same position after 20 25 years they told USA will save us because of our location nd if we collapse whole world banking system will collapse 🤕🤒👺👽
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
Nice work guys. Good analysis.
Excellent 👌 analysis.
Superb 😘 Qais sb the great 👍
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.
An absolutely beautiful and insightful interview.
An articulated analysis...
How to read English newspaper from basic
ua-cam.com/video/r0yDSHkqSXo/v-deo.html
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.
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.
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.❤️❤️
People like him should be allowed to run Pakistan. He seems like a man with a vision.
Thanks for Video I was Thinking about These Question
How to read English newspaper from basic
ua-cam.com/video/r0yDSHkqSXo/v-deo.html
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.
I don't have the words to appreciate this masterpiece. One of the best video on the internet on this topic till now.
My professor🙌🏻
Please do more episodes on 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.
Either have your programe in English or have English subtitles if you wish an audience outside of some Pakistanis
Best
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..
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.
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.
Thanks a lot Sir Dr. Qasim Ali for providing such a valuable information.
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.
realistic arguments
Please ask Dr. sahib to come again for interview
Good
Very useful, sensible and practical suggestions, for those who are willing to listen to him.
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.
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
ua-cam.com/video/r0yDSHkqSXo/v-deo.html
But majority Pakiastanis to illetate to comprehend
Well said Dr. Qais! Great to hear from your insights as always.
Pakistani education standard doesn't match the world education standard. That's why you don't have great economist like India have.
MashaAllah apki podcasts k guests bary vip hoty hen
WHO is proud to be a Muslim🕋🕋
Yaar simple but core explanation... Hats off to you sir
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
ua-cam.com/video/r0yDSHkqSXo/v-deo.html
Videos by Atif Mian, are far more truthful, to-the-point, and with effective solutions.
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.
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 !!!!
A humble personality. DR. QAIS! ❤️🙏