Surely! Under a protectionist regime, a regime which says NO to competition, free markets and empowerment of the human mind. It certainly does not fit with the future we want to attain in our country (Pakistan) in terms of mentality, thought or practice. It replicates the mentality of dependency and being second tier in world practice, even [...]
Continue reading...Written by Ali Sohail
March 9, 2008 | Published in Columns, Economic Wheel
Both references give a pessimistic vibe to China and its fame. However, this may certainly not be the case. My discussion would predominantly be focussed around the former, with a general thought, while concluding on the latter. For starters, I would draw an analogy between the current Asian giant (China) and the pre 1990’s crisis East [...]
Continue reading...Written by Ali Sohail
March 1, 2008 | Published in Columns, Economic Wheel
Can you draw a universal distinction between good and bad Economic Development policies? For one, I would say - nothing of the universal kind exists. The relevant distinction between good and bad is based upon the social context of application, the forces at play, the realities undefined and the mentality at bay. The view point is [...]
Continue reading...Written by Ali Sohail
February 21, 2008 | Published in Columns, Economic Wheel
Very well written and although i agree with your direction and feeling on the broader level, especially with the mentality issue, I must say I disagree with you on some micros within the article and would further like to add to some of your points. You drew a contrast between South Korea and Pakistan- I disagree [...]
Continue reading...Written by Ali Sohail
February 16, 2008 | Published in Columns, Economic Wheel
A few weeks ago the Economist publicized ‘Pakistan- The most Dangerous Nation in the world’, on its front page. Last week, on the 26th of Jan 2008, the magazine on page 84, in a subtle manner, with a space relative to one forth of a full sheet anecdotes Pakistan as the best performing stock market [...]
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Written by Ali Sohail
March 15, 2008 | Published in Columns, Economic Wheel