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Capital suggestion: Industrial policy?

Three questions: can industrialists be impartial architects of change when they have reaped the benefits of the existing system? Will industrialists, who have thrived within the current status quo, suggest…

A mission-oriented industrial policy

‘While it is generally true that mainstream economists have responded to industrial policy with knee-jerk hostility since at least the 1970s, things have been changing fast, owing to new academic…

Towards industrial policy 2.0: Part – V

Infrastructure: Pakistan’s unending energy crisis and high-end user costs have enormously damaged industrial growth and diversification, particularly the export sector.The present model of single buyer-single seller is the root cause…

Towards industrial policy 2.0: Part – IV

The end purpose of an industrial policy for Pakistan should be to achieve competitiveness through higher productivity which brings greater profits for entrepreneurs, higher wages and better working conditions for…

Towards industrial policy 2.0 -Part – II

The foreign exchange earnings from jute exports which originated from former East Pakistan were pre-empted for allocation to industrialists in what was then West Pakistan. A number of observers have…

Towards industrial policy 2.0: Part – I

Recent developments in the Western countries have reopened the discourse on the need for an industrial policy. Pakistan, which has gone through deindustrialization in the last few decades, has to…

Reconsidering our regional policy

Pakistan needs to recraft a regional policy rooted in strategic realities at the regional and global levels and is cognisant of its short- and long-term political, security, economic and cultural…