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 – III
Instead of choosing the winners and losers which was the case with the industrial policy 1.0, the thrust of the new policy that is still evolving is to align the…
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…
Industrial policy: it’s all about competitiveness
There is a growing consensus that we need an industrial policy. Advisor Commerce and Industry has promised we will have one by May. Fortuitously, the movers and shakers of our…
CPEC and industrial policy
As Pakistan enters the CPEC era, it is important we take a moment to reflect. Most people believe the initiative offers both Pakistan and China a unique opportunity to reshape…
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…
