India showed about 30 years ago that you can walk out of the IMF program and need never go back. Pakistan rejected that model simply because it is an Indian model.
@manhar3891 Жыл бұрын
It is not about India Model, Challenges that facing in Pakistan. 1.Army influence not allowing them at certain levels. 2. Clearly, we can see they don't have proper education system and curriculums, which can produce skilled human resources to nation and in world demand. 3. Pakistan don't have prominent Industries that can take them to next level. But India had More than 10 Companies at that time internationally known. 4. Political parties and media maintained some discipline when india facing crisis, but in pak, Political parties, Army and Media tearing them and creating panic among peoples. 5. People in pak are not progressive mindset, they don't have any idea what to demand from their own govt. Still media try to criticise govts there, bit fail to educate farmers, students, womens, and daily wagers. in pak they speak about top level reforms and never think about ground level reforms. Pakistan has advantage, bcoz nation is mainly controlled by one religion only, bit failed. Mostly, In pakisthan people leave nation when country is in crisis and migrate, that's their habit, they won't take part in building in nation. US and China spoiled Pakistan by lending easy moneu whenever they need in past and present. Being Islamic nations and top economy's Saudi and UAE they forced to write cheques for pakisthan. Pakistan failed to take advantage their support.
@latchmansukhdeo4896 Жыл бұрын
😂😂😂😂😂
@sarvajanhitaay Жыл бұрын
@@manhar3891 I don't agree with you. It is not like they didn't want to adapt the model because it was India. First, that time also it was IMF who twisted Indian government arm. Because India was a socialist state. Second, Pakistan always funded by USA to fight their war in form of different welfare schemes by international institution. So they never need to think about repayments. Fighting war for west they made their people radical. All the resources come from other privince and enjoyed by Panjab only. They have some good industrialist. But will take long time with hard work. Brain drain was happening in India (still it does), India was also so depressed. But India against corruption did work. While I don't like Kejriwal. But that movement changed the central government. We were questioning hiw China grew and why are we using Chinese products even a pin. They started asking right questions. Like 11 years back Indians did. If rulers start thinking for the country still Pakistan will take more time due to radical population.
@AKumar-co7oe4 ай бұрын
@@sarvajanhitaay that's exactly what it was. pakistan has always made the opposite decision of India just to show they are different. results are there for all to see
@divyanshusingh7124 Жыл бұрын
This is a very good discussion. As someone who studies Economics, especially Modern Monetary Theory. I believe I should rewatch and review. Lets start 2:41 In my Opinion, a free floating Pakistani Rupee is required. When you fix the conversion rate it doesn't mean that people cannot convert the Rupees at unsanctioned rate. It means that the central bank will have to back the Rupees in exchange of dollars. This means that you will end up depleting dollars just to defend your currency. Yes your imports will become expensive but the price will soon stabilise. And yes your debt obligations will increase in Rupee terms but thinking that fixing the exchange rate will save you money is wrong way of thinking. It will cost you even more as the cost of defending Pakistani Rupee will be even higher. This has been proven by Economic models for decades now. 5:40 Yes Pakistan is too dependent on import but if Pakistan saves money by reducing Military spending, they will be able to impose good impactful changes. India went to IMF in 1991 and did not have to go again. Bangladesh, a nation which does go to IMF more often, has even less resources than Pakistan but brought about correct changes and improved. 11:55 Virtually Every country controls the exchange rate in some capacity but the Exchange rate should be mindfully and realistically set. India had similar problems in 91. Pakistan doesn't even attempt to reform service sector. 16:16 yes that is true and correct. 18:49 Beggars can't be choosers. Just because the majority in the country has decided something doesn't mean that it is good. Segregation in USA was democratic. Do you have the right to implement the policies you want. Yes. But then you can't crib and complain about things not going your way. 21:22 No IMF has not stopped you from doing all of these thing. Your Army has. Janab aapne kabhi IMF ki baatien nahi mani hain. 23:20 I am not informed on this but if this is true then it makes no sense. Taimur Bhaijaan is right to criticize it. 23:46 Spending aapke control meh hai Janab. Spending sudharen. 25:45 The most important thing is budget and government spending. 29:18 (with regard to what has been discussed in the last 4 minutes) In my opinion, Taimur Bhaijaan's recommendation while sometimes good cannot improve Pakistan if they go beyond IMF's framework. The framework presented by IMF is genuinely important for growth. 33:25 I commend the dedication Taimur Bhaijan has with regards to his standings. I wish you well and hope that you do well in Pakistani Politics. *** Bhutto's Nationalization *** I will not comment on this part because I am not aware of the history of this part. Neo-Liberalism has lot of problem and Taimur Bhaijan is right to be weary of Neo-Liberalism. I don't blame Bhutto for any economic failure. Man was under a lot of pressure during his entire tenure. ******************************** Private is better than Public generally because private firm do not suffer from corruption and everyone in the firm is incentivised. Private can work but you need good and honest workforce which I don't think Pakistan has. 47:00 Yes that is true. This is part of Modern Monetary theory. Yes they only give these loans for profit. Yes that would incentivise Real Estate loans. 48:58 This is interesting. Taimur Bhaijaan does not understand what the word free means in free market. Yes The spending by the Government in USA is a lot but that does not mean that USA is a command (un free) economy. You can go and check the economic freedom rating by various agencies which rate Pakistan poorly especially when it come to business freedom. Spending does not mean control. Restriction = Control. Pakistan has constricted business activity. www.heritage.org/index/visualize 52:45 Taimur is correct here and while Shehzad is correct to point out the short coming in Pakistani system, it is not the responsibility of Pakistani banks. 55:46 Not necessarily. It is possible to give that money and not have inflation because Inflation occurs only when the money supplied is spent on a single type of commodity in large proportions. You can get away with not having inflation if the money is spent on things like Heavy machinery, stocks, etc. or yes, if the money is converted to dollar and taken out of the country. Inflation is really complicated. I would suggest anyone reading this to watch this video by PHD Joeri Schasfoort kzfaq.info/get/bejne/sN6ngpep3JqnimQ.html 57:29 Taimur is right. This should be implement and should work in my opinion. The reason IMF has not allowed you to have a state bank which can lend money to the state is because Pakistan might use that printed money for paying loan which will be disastrous. First prove that you can spend the money correctly after cutting your budget and then go on to reform the Bank. 1:05:00 Shezad is correct. SME can grow in my opinion I don't trust the Pakistani Government to lead industrialization. MSME should be empowered to lead industrialization. ***** END****** I would have to write more but I don't feel the topics after this are relevant to me. Thanks for reading. Keep up the good work Shehzad. P.S. I might have some spelling mistakes. I am not proofreading to correct any mistakes. I am tired.
@ThePakistanExperience Жыл бұрын
Thanks for the detailed comment!
@nabeelk Жыл бұрын
Thank you very much for such detailed analysis.
@danyazehri5315 Жыл бұрын
ہیں !!؟؟ اچھا اور یہ چونٹیاں آتی کہاں سے ہیں بھلا !!!!؟؟؟؟؟ kzfaq.info/get/bejne/mNJnedeYysecm5s.html
@adityabiradar8021 Жыл бұрын
Thanks bhai.
@hasanjamshaid3312 Жыл бұрын
Once you go into IMF program; you cannot curb imports. You have to follow free trade market principles. Military spending is in rupees; curbing that will not solve the problem of foreign currency deficit. Although cutting military spending and allocating those funds for public sector development fund will improve public welfare and HDI.
@ThePakistanExperience Жыл бұрын
You can watch this episode in 4K also!
@Bhatti_69 Жыл бұрын
Mobile pe option nahi hai😢
@ThePakistanExperience Жыл бұрын
@@Bhatti_69 laptop par aayai ga
@wahhajs Жыл бұрын
Ni
@Bhatti_69 Жыл бұрын
@@ThePakistanExperience laptop shebaz sharif ki scheme se laaoon😭 720 p thk hai Meray android Kay liye or ptcl wese hi mashallah hai
@peace4us Жыл бұрын
10000$ for U دس ہزار ڈالر کی جرمن پھکی اگر کوئی مرزا علی انجینئر کو ختم نبوت پر لائیو دلائل کے تبادلے کے لئے تیار کرے تو اسے دس ہزار ڈالر پیشگی انعام ۔ جو کوئی ایسا کر سکتا ہے برائے مہربانی بتا دیں۔ Fhfg jgdtu fjjtr dhvst
@chiraggupta4742 Жыл бұрын
He actually makes some brilliant points backed with data. If we look at India, Modi is doing the same thing. He is giving incentives to Tata, Ambani, Adani (using them as state tools) to create large scale industries. He is incentivising sectors through PLI which create growth like electronics manufacturing, capital goods and defense. He is putting trade barriers to protect local economy. Investing heavily in technology like UPI, JanDhan, ONDC etc.
@richardsking Жыл бұрын
But we congress supporters will not make this happen, we will try to sabotage this, will protest everywhere in parliament Jantar mantar and kick out all the investments😂
@paripatel352 Жыл бұрын
And you actually think thats a good idea ? Stupidity actually has no limits
@JW-be8wf Жыл бұрын
Can you give me one example in modern history where trade barriers have actually worked to make an economy better? Aren't these trade barriers a continuation of the License Raj/Import Substitution of Nehru's economic model? How did that work out for India? India's prosperity started in 1992 when India was forced to liberalize the economy because of IMF. Things have worked very well for India since then. So instead of doubling down on the things that worked, isn't Modi undoing the very thing that got India on it's path to prosperity. The "incentive" that free trade provides is to force private sector to produce goods and services of comparable value/quality. To learn how to do that takes a generation. It took South Korea 30 years to produce cars of the same quality as Japanese. It took Taiwan Semiconductor Manufacturing Corporation 30 years to get to the quality and technology level of Intel. And they were all helped with tax breaks and direct investment. No one put trade barriers. If Tata and Ambani and Adani are incentivized with trade barriers, they will never need to be competitive with the rest of the world. Because once trade barriers are put in place, it takes a miracle or a catastrophe to undo them. India had that in 1992 and it got out rather well. Now its time to undo it all??? When you enact trade barriers, you end up with Hindustan Ambassador. The way to incentivize private enterprise is to make it easy for them to set up shop. Give them expiring tax breaks so while they are learning to be competitive, they are able to survive the initial learning curve required to be competitive. Let the local economy produce a substandard product for a while till you learn how to make it a quality product. That learning can only happen if there is better alternative present in the market. But by putting trade barriers, all you are doing is making the citizens' life less affluent. Just because Tata thinks it can do it, doesn't mean it can produce a quality product tomorrow or the next year. That is usually a generational process. I can give you a dozen examples of where free trade has done wonders. Look at all of Asian Tigers. Look at China.
@anonym2404 Жыл бұрын
India is not flourishing because of modi. Modi's govt is just enjoying the fruit of the tree that was planted long before modi was in politics the same as Pakistan is facing hardships because of not what was done in the last few years but we had been on the wrong track since inception. Modi and his policies for India will only result in chaos for generations to come but Indians wont realize this just like when we didn't realize it until the damage was beyond repairable. Sadly this is how our world works in a never ending cycle of Growth reaching a Pleateu followed by a steep decline..... We never learn from the past no one stays on top indefinitely and the world goes on...
@RS-id6pr Жыл бұрын
@anonym2404, who planted tree,? British, Nehru & his family, Manmohan Singh? They did contribute to the country but not planted tree that will give fruit for generation. Even Modi will not plant tree that will give fruits for generation. India is too big to enjoy for generation. To flourish India, government needs to contribute equally in all sector. Nehru created IIT but in business sector he used to hate word profit. Business never run without profit. No motivation no profit. Indira Gandhi was good in all areas but not good in business. She did nationalisation of the companies which created long term impact. Business in India did not grow faster till 1991 & India has to go to IMF first time. Manmohan Singh has good business sense he got free hand in 1991-95 . During that time, he made sure that we do not need to go IMF near future. That is maximum one can do in five year. Vajpayee also contributed by initiating highways first time in India. First western style highway was built his term. During 2004- 2014 Manmohan Singh did not have good control other wise he could have done much better. Now what Modi government done for economics: Modi government has done it by implementing simple tax law GST (nobody was knowing how much tax they were paying before, in 1980 some goods were having more than 300% tax), good infrastructure (see the sea port capacity increases in last 10 years, India is using water transport from Gujrat to Tamilnadu, Bangal, one can check how many highways increased in last 10 years), Modi government also done better in international relationship improvement which helps to economy. Modi government also working in defence import substitute which can help economics . Online payment system is another success which can help ease of business. India still has long way to go and whoever comes in 2024 has lot of opportunity to improve. Last thing, can you give single example of policy which can create chaos which can go beyond reparable?
As a small business owner, outside of Pakistan. I completely agree with Dr. Taimur, it is very difficult almost impossible to compete with big companies. We do not have the money or accessories to compete with Wallmart.
@dollartreeshark6786 Жыл бұрын
@@Darius0109 It is working only because USA is innovative and comes up with new products and even new product categories. Otherwise China has already bankrupted many small towns where the decline in living standards and deterioration of society is clearly visible. Neither Pakistanis nor Indians would ever agree to see entire towns becoming ghost towns.
@varmaTrini Жыл бұрын
Walmart(Public Sector) & Indian Railways are the largest employers of the World. What are you as a small business owner?. Walmart supports 2.3 Million Jobs?. How many jobs does Pakistan state support excepting the army who has infiltrated every organisation and made it redundant. The people of Pakistan do not own Pakistan, they are simply being used by the army & its stooge politicians> to siphon money away from "what is called a nation" into greener pastures. Pakistan is a closed case so far as economy & future is considered. It is at best a slave state of China & also its Arab lenders.
@hamzahassan6726 Жыл бұрын
we need more conversations like this for bringing social change in Pakistan. Only social change will challenge forces of status quo and bring economic change.
@Adbhut-sharma Жыл бұрын
You need to learn new skills and stop watching anything else
@surian9286 Жыл бұрын
Yes please continu believing in this voodoo stuff
@kalcparekh10 ай бұрын
What you need is for your administration and agencies need to stop exploiting your country and your citizens.
@bbhusari Жыл бұрын
Any young guys who are listening to this dialogue, should also see Taimur Rehmans tutorials on political science, economics and also his LUMS lectures. Outstanding academician, scholar, speaker and teacher.
@studentstudent3723 Жыл бұрын
😂 LUMS students are much aware about this desi socialist , the level of sosha he release !! Tharak to pata he hein iske
@hamzanadeem5527 Жыл бұрын
I wish Uzair Yunus could have been here. A number of arguments being presented by Dr.Taimur here are either flawed or incomplete.
@thefishtruck Жыл бұрын
Such as what? Uzair Yunus is a neoliberal ideologue who works in at a NATO affiliated think-tank in Washington and has a child’s understanding of history & geopolitics. The career advancement of ppl like him is directly linked to furthering Pakistan’s role as an American vassal. I wouldn’t take anything he says very seriously.
@hamzanadeem5527 Жыл бұрын
@@thefishtruck for example, when Dr.Taimur argues that crowding out affect due to govt investments has either no affect on private investment or is actually good for the country. I vehemently disagree here! Name a few enterprises run and owned by Govt of Pakistan and tell me its benefits. I will counter each 1 enterprise you name with at least 10 which are an extreme burden on public money/resources. Please note that the crowding out affect is pretty much established economic rule. I understand that there would be an exception to the rule but I can assure you that our economy is not that exception. Uzair can work for any agency he wants, I honestly wouldn't have cared even if he was unemployed. I care about the Merit of the ideas presented regardless of who is presenting those ideas and where that person is employed. Lets argue based on logic of the idea, and not the personal/professional life of the presenter. Gravity was discovered by newton. No one ever said that the Newton believed in alchemy which is why you wont believe in gravity. Gravity, just like the concept of crowding out affect doesn't care whether you believe in it or not or whether newton came up with it or Ali. These are established facts/laws (I understand the crowding out affect is not as established a law as gravity, however, im just trying to illustrate a point here.)
@AKumar-co7oe Жыл бұрын
@@thefishtruck yes, and genius professor here thinks exchange rate pegs are going to make Pakistan a superpower.
@IndiaTides Жыл бұрын
@@thefishtruck First, free floating currency management gives correct value to exchange rate. It causes misery in short run but good for long run. IMF is giving hard medicine. Honest system could change realities.
@rehman18334 ай бұрын
@@AKumar-co7oe Where did he say that? Bro lying right underneath the video we all watched lmaoo
@FawadMasud Жыл бұрын
"Yeh jo karay ga uska Mazar kahan banay ga" was epic by Shehzad. Great podcast
@ThePakistanExperience Жыл бұрын
😅
@vikashnegi1481 Жыл бұрын
😂😂😂
@AAA12345671234567 Жыл бұрын
Western economies government expenditure to GDP ratio is high e.g 40-45% but he forgot to mention that tax to GDP ratio is 35-40% as well 😂😂
@Health-Blitz Жыл бұрын
He wants to be in good books of Establishment.
@danyazehri5315 Жыл бұрын
ہیں !!؟؟ اچھا اور یہ چونٹیاں آتی کہاں سے ہیں بھلا !!!!؟؟؟؟؟ kzfaq.info/get/bejne/mNJnedeYysecm5s.html
@AKumar-co7oe Жыл бұрын
@@Health-Blitzliar and demagogue telling half truths to the uneducated
@Taimur_Laal Жыл бұрын
True. The data you are proving further underscores my argument that the role of the gov is far more substantial in advanced capitalist countries than it is in third world countries.
@Taimur_Laal Жыл бұрын
@@Health-Blitz I doubt that is very possible given my political views as a leftist.
@murtazaj.bhatti3048 Жыл бұрын
I am always (mostly) convinced by Taimur's (must try!!) ideas and study on economics. As a small business, I can totally understand the associated pain and gains. Good content Shaikh sab! :)
@ThePakistanExperience Жыл бұрын
🙌
@muzaffarahmed772611 ай бұрын
@@ThePakistanExperience😊
@bharatchoudhary540 Жыл бұрын
The more the state is involved .. more goes to bureaucracy’s pocket … it doesn’t matter what you write in your constitution.
@abhaypatel4292 Жыл бұрын
But you need a state control for proper order in Business
@paulomi9351 Жыл бұрын
@@abhaypatel4292😂😂 without moral values like basic foundation of human being should be good . Otherwise no form of governance can ever work as greed, desires and arrogance has no limits
@JW-be8wf Жыл бұрын
@@abhaypatel4292 State's role in the economy should be like an umpire/referee in a game. Umpires facilitates the game and allow it to play. It doesn't take side but it tries to make sure everyone is playing on a level field. That means the state forces competition and not allow for monopolies to exist. It lets the economy do what it wants within the rules of the game. Economies are entirely too big and too complicated for governments to control. The West realized it 100 years ago. It's high time we do the same. The more the state is involved, the more Hindustan Ambassadors you will produce.
@VARMOT123 Жыл бұрын
It already does either way if you wanna go there.there needs to be checks and balances . Modi with his crony adani has been doing that for 25 years
@najam.isloogian Жыл бұрын
@@JW-be8wf The west has plunghed itself into the same chaos again. Keynesian models are mainstream there especially in the Americas resulting in the biggest bubbles in history.
@dr.cooper5909 Жыл бұрын
Apologies Dr. Taimur, but it is not IMF's problem that even after bailing Pakistan's economy out more than a dozen times, Pakistan's export industry has not created enough value addition on its imported raw materials, that devaluation of Pakistan's currency still does not translate to substantial increase in Pakistani exports' competitiveness. The core problem lies in the elite capture of political economy, red-tapism and control of establishment in Pakistan's economy, that doesn't let Pakistan get out of its cycle of debts. I do agree that strategically important sectors should have govt control of export-import, but to base an economy entirely on the idea of protectionism, doesn't lead it anywhere in the long run. It rather creates more red-tapism and corruption of bureaucracy. A good example is the Licence-Raj period in India. Secondly, your argument that Pakistan's economic policy especially viz-a-viz import restrictions and currency value, has been strictly dictated by IMF during the entire period of 3-4 decades, is honestly a weak argument and sounds like an easy escape. Many govts in the past in Pakistan have often manipulated exchange rates e.g. Musharraf and Ishaq Dar, for lengthy durations, so the evidence here suggests otherwise. It is only now after 3-4 decades of carrying Pakistan's economy (and also the fact that Afghanistan and hence Pakistan has lost its strategic significance it once had), that IMF is so strict on having their way with Pakistan's future economic policy.
@surindersingh-pn6dw Жыл бұрын
Chutia economist chit wee Saadi pat we saadi
@ravindra7791 Жыл бұрын
Well put. That's what academics with no connection to the real world say. Plus left wing ones. Dr Rehman for eg claims China grew because of communism not capitalism 😂
@iqra07ify Жыл бұрын
incredible analysis
@Health-Blitz Жыл бұрын
True, Pakistan is still living in 1947, where the ones in power are unnecassarily overly vary of Europeans and Americans. India removed import restrictions and barriers in 1991, and allowed Foreign Capital to buy Land, Properties, Businesses in India, and Invest here which created jobs. In Pakistan a graduate cannot get a proper job unless they have a connection with someone with at least some amount of influence. That's because they aren't adding any value. And the talented ones are never allowed to come up, if they aren't well connected. The fault is of this Punjaabi Thinking Punjaabis should not have had control ever Pakistan. Sindhis would have managed the country much better.
@atherkhan1625 Жыл бұрын
@@Health-Blitzhow Sindhis are managing Sindh and Karachi is a very good example.... Khuda k lye lisaani ta'assub se bahir aayn....
@navinbhatia9936 Жыл бұрын
The core point is why will elite & establishment improve economy when they are living in super luxury. Who the hell is awam of Pakistan. When army is in the business why would they do structural reforms to kull their own companies? Get real . Nothing will change in Pakistan.Enjoy the daily comedt show
@VikasYadav-hg9en Жыл бұрын
If people like Taimur Rahman are teaching economic in Pakistan universes then its not surprising to see current economic condition of Pakistan. The theories and argument presented by this gentlemen have fundamental flaws in its core basis.
@ravindra7791 Жыл бұрын
But that doesn't matter to him. He can sit in his ivory tower and expound failed theories as alternatives as they will never be implemented in the real world (and shown to fail)
@aunthegeek5788 Жыл бұрын
The theories and arguments presented by neoliberal economists not only are fundamentally flawed, but have proved to be disastrous for the country.
@abhisheksah Жыл бұрын
@@ravindra7791chup endian
@saadakhundrajper1643 Жыл бұрын
Those fundamental concepts are just based upon theories. Your basic standardized concepts will not run any economy. Dr sahb is talking about practical economics.
@hritikraghuwanshi2049 Жыл бұрын
@@saadakhundrajper1643well name a single successful country running on Dr sahabs theory 😂 north Korea
@ansabali6583 Жыл бұрын
My dad (late) was inclined towards left and had been politically active among the left movements too. What I observed is that left is comprised of free thinking intellectuals and artists of all types, things which are frowned upon in our extreme theistic society. This has been a significant impediment to left’s political success, especially with the association of communism/socialism/marxism with atheism.
@rishiraaj.580 Жыл бұрын
There Is No Substitute To Money In Life. 👍
@n.s.1170 Жыл бұрын
I agree
@user-ww2lc1yo9c Жыл бұрын
does theism limit someone from being free thinker in other aspects of the society? Really? Then how have so many great thinkers been produced in the past among Muslim socities and also other societies?
@AKumar-co7oe Жыл бұрын
@@user-ww2lc1yo9c yes, it does. A free thinker will more often than not realize that religion is rubbish, or that at least organized religion is. Back in the day, knowledge seekers and free thinkers were often religious because science and philosophy was not developed and not directly contradictory with religion. In 21st century we have not discovered many scientifically proven things that directly contradict religious teachings , its pretty much impossible to be a scientifically minded free thinker while believing in any religion literally. Yes you can still be pantheist, deist, monist etc. In fact I don't even consider Taimur a free thinker even if he's agnostic - because he's manipulating his thoughts to paint lipstick on a pig which is islam.
@user-ww2lc1yo9c Жыл бұрын
@@AKumar-co7oe which religion are you talking about? The revealed religion is teaching man why universe exists, why we exist, what we need to do in this life, what happens after death, is there god?, who is god? This most fundamental questions of our existence are outside the domain of science. I live in the UK and ever few months I find new people that are converting to Islam out of free choice. They have all spent months or even years studying Islam. I have mostly met men but statistics show that most that convert are women. You are the one that is talking about something that you do not even understand the basics of. Yet you behave like you know everything.
@SpontaneousSana Жыл бұрын
I'm really looking forward to this podcast and the much-needed insight into the Pakistani economy. Hopefully we will get a clear understanding on what’s actually going on.
@ThePakistanExperience Жыл бұрын
🙌
@Bhatti_69 Жыл бұрын
👍 Good
@peace4us Жыл бұрын
انجینئر صاحب آپ کہتے ہیں عمرہ اس لئے نہیں کرتے تا کہ غرباء کو پیسے دے سکیں۔ آپ دس ہزار ڈالر مجھ سےپییشگی لے لو ختم نبوت پر دلائل کے تبادلے پر۔ دونوں ثواب۔ ختم نبوت کے دفاع کے لئے اور دس ہزار ڈالر غرباء کو دے کر۔
@DailyMotivationDose-qt7nw Жыл бұрын
Very intellectual debate
@ThePakistanExperience Жыл бұрын
@@DailyMotivationDose-qt7nw 🙌
@user-um2st2sc6i Жыл бұрын
What the professor is actually saying is kind of utopia. This looks good when talking while you are sipping coffee. The only way a nation comes out of poverty is when it has a free market capitalist economy. ( with a good governance who gives equal opportunity to its citizens without any discrimination). South Korea,Japan, Singapore, Israel are the best examples in Asia for it.
@Taimur_Laal Жыл бұрын
Protectionism is utopia? Wow.
@arindamsaha7358 ай бұрын
China ,Vietnam is best example of communism economic system. japan.skorea etc are nothing in front of china.😅😂
@parjanyashukla1767 ай бұрын
All countries are not comparable to each other. Tiny South Korea or Singapore will have no major issues in devising and implementing any policy they want in their country. And Japan was reconstructed by the US after WW2, moreover they had prior experience as a colonial power. I don't know much about Israel.
@torunadityasamal3177Ай бұрын
@@arindamsaha735China open up it's economy in 1979 and similarly Vietnam is an open economy.
@ravindra7791 Жыл бұрын
His comment on govt expenditure to GDP is very misleading. Look at the tax intake of those countries like US or UK. It is slightly less than govt expenditure, so the metric one needs to look at is Govt Expenditure/ Tax. For US or Western countries it is under 1.5. In Pakistan it is > 2. So even though Govt expenditure is lesser as percentage of GDP , you "loose" the right to spend if your tax system is leaky. Which is the case with 3rd world countries. And I am not accounting for corruption etc in poor countries
@soham6649 Жыл бұрын
He argues that western contries contribute a high percentage of government funds to the GDP. What he fails to mention is that this government expenditure is made towards education, public services, socialised healthcare (euro countries) etc.
@BasEkKafir Жыл бұрын
Plus they have average 35% tax to gdp ratio.
@dhirajpandey6018 Жыл бұрын
In India banks are following individuals to give Home loans and personal loans, very strange to hear that this is not very prevalent in Pakistan.
@razamahi4833 Жыл бұрын
Very well expanation of the Left Perspective in the contemporary politics...The host gave tough time but all the questions were answered politily,logically, and patiently...collected lot of onowledge.thanks
@asifali-hx2dy Жыл бұрын
Before watching this video I had never heard anyone giving solutions to Pakistan economical problems and I had never seen any podcast in Pakistan where you learn a lot.
@iramfatima3480 Жыл бұрын
Very hot discussion. Amazing!! What a classy podcast.
@ThePakistanExperience Жыл бұрын
🙌
@ravindra7791 Жыл бұрын
One point I agree with him is priority sector bank lending. In India, RBI does have some levers and push for say agri loans or SME loans. Why cant the SBP do that I wonder
@ahmedakhan111 ай бұрын
Good point!
@Delhi_Guy Жыл бұрын
How much difficult to explain to any Pakistani that it is not IMF that is going to fix their economy. It is not their job.
@jamshedfbc Жыл бұрын
Teacher ❤
@cat_logue Жыл бұрын
My questions 1. Relegious fanaticism (muzhubi touch) is actually divideding people of Pakistan then how public sentiment or public unity can generate public awareness for economic policy or development of Pakistan? 2. India is growing & becoming major exporter for world then trade relationship between India & Pakistan can help Pakistan for decrease the cost of import. Thus pak can make low cost product from importing row materials from India at cheap prices and then export it at international market at competitive prices. Pakistan can also take advantage of geo location for transferring goods from thier roads or act as intermideatary. Aslo can take advantage of education as language is similar but why Pakistan is not trying to improve relationship with India? Why still not controlling terro2233m? 3. When the trade was open between india & Pak, India had given pak the status of most favoured nation for trade but why Pakistan has not given any such preference? India has provided air space for travel but Pakistan had blocked air space? Whenever india has started peace negotiations then pak has backstabed India again & again why? And when pak will realise and stop doing it? 4. Pakistan army possesses 12 percent of the country's land, out of which two-thirds is owned by senior military officers. Fauji Foundation is the world's largest military owned conglomerate worth over $20 billion. Then why IMF can't see the asset of pak army? Still subsidy & land grabbing going on...why?
@AKumar-co7oe Жыл бұрын
average Indian commentator can see all these things, but Pakistani intellectuals somehow can't
@MillennialGamerVault Жыл бұрын
Blame Pak army
@BasEkKafir Жыл бұрын
@@AKumar-co7oesome are blind by disability some by conviction 🙂
@ahmedakhan111 ай бұрын
@@AKumar-co7oe No I think a great many Pakistanis would agree on good relations between Pakistan and India as well as mutually beneficial trade. Unfortunately the Army continues to be the power behind the civillian governments and they can justify their bloated budget on the "threat from India."
@kavitakhanna177 Жыл бұрын
I think Marx also said relegion is opium of masses..Yeh sach hi hai 😢
@danyazehri5315 Жыл бұрын
ہیں !!؟؟ اچھا اور یہ چونٹیاں آتی کہاں سے ہیں بھلا !!!!؟؟؟؟؟ kzfaq.info/get/bejne/mNJnedeYysecm5s.html
@victorysonhidden Жыл бұрын
Mullahs use this opium to maintain their hold on the muslim society.
@ahaanmisra4892 Жыл бұрын
Appreciate your endeavours to cover all views with an open mind!!
@ThePakistanExperience Жыл бұрын
🙌
@softshells Жыл бұрын
Yet another great show. And great guest. Excellent effort so proud of you 👏👏
@ThePakistanExperience Жыл бұрын
🙌
@Health-Blitz Жыл бұрын
2020 Tak Pakistan Chaand Par Baithkar, Dharti Ke Faislay Kar Raha Hoga - Laal Topi ( Zaid Hamid - E - Azam )
@AnujKumar-wj3ju Жыл бұрын
Dr Taimoor Rahman Economics is mix of Marx university as well as Labbaik ya rasool Allah university. 😂 🤣 No doubt pakistan 🇵🇰 🕌 🐫 economy is in dol drum 🥁. 😂 🤣 😂
@anilkumar-fk8fc Жыл бұрын
Despite your health at the time it was a delightful podcast. Prof Taimur always makes his points eleqointly even when I totally disagree with his perspective &/or analysis. Cant wait for the rest of this Lahore Session. Keep up the great work Shehzad!
@ThePakistanExperience Жыл бұрын
🙌
@shomayelppkhan3957 Жыл бұрын
Shahzad bhay thank you so much for inviting DR Taimur Rahman sb. ❤
@ThePakistanExperience Жыл бұрын
@danyazehri5315 Жыл бұрын
ہیں !!؟؟ اچھا اور یہ چونٹیاں آتی کہاں سے ہیں بھلا !!!!؟؟؟؟؟ kzfaq.info/get/bejne/mNJnedeYysecm5s.html
@rahul8569 Жыл бұрын
SME/ MSME can compete with bigger brand. I couldn't understand his setup there. Be it in tech/ product based or service based, in India most of MSME has been competing with larger brands. Obviously they might eventually end up bought by the same big fish😅
@zainabrija6094 Жыл бұрын
I agree with dr taimur's viewpoint on division in left ... lovely podcast btw
@ThePakistanExperience Жыл бұрын
🙌
@n.s.1170 Жыл бұрын
This podcast will trigger so many hardcore capitalists
@laibanasir3498 Жыл бұрын
That "To phir me na hi samjhun" by shehzad cracked me up 😂
@ThePakistanExperience Жыл бұрын
😅
@omommalik Жыл бұрын
I am shocked that this guy taught economics. I feel sorry for his pupils. What absurd and silly economic view.
@lonewolf887 Жыл бұрын
To keep a balanced view, you should invite someone from the other camp as well. Chicago school of economics/Austrian Economists/Free Market Economist. Someone from the Free-Market Camp
@ThePakistanExperience Жыл бұрын
We have had so many free market economists on the podcast!
@lonewolf887 Жыл бұрын
No clue who would be the Pakistani equivalent of Thomas Sowell, Milton Friedman, Fredrick Hayek, Murray Rothbard or someone from the Mises institute/Ayn Rand Institute.
@Bhatti_69 Жыл бұрын
@@lonewolf887uzair younas
@AM-fm8lq Жыл бұрын
Very sad state of affairs.. The so called Economics professor has absolutely no solutions.. and just avoids answering though questions... blaming IMF ... stupid point of view of the guest...
@trilokyamohanchakra6351 Жыл бұрын
@@lonewolf887Pakistani equivalent means? He'll do finance jih@d?
@rmnair90 Жыл бұрын
It was a brilliant, thought-provoking conversation.
@ThePakistanExperience Жыл бұрын
🙌
@uatiger1 Жыл бұрын
He was spot on. China has grown exclusively due to this policy. Chengdu Metro made Lahore Metro. Here in Chengdu, Chengdu Metro was establish by Chinese government creating money in yuan, Using Chinese steel industry and construction industry, and Xinan Jiaotong University which was primarily established to create local engineers for railways. And in Lahore, we imported engineers, imported steel, imported construction equipment and imported metro or foriegn financing from Chinese Financial Institutions in a currency we do not print or control. This is a product of current free market economy setup. Dr. Sahab is absolutely spot on.
@anilkumar-fk8fc Жыл бұрын
Among what Ive come across unlike IMF the much worse problem for 3rd World economies has been the WTO. I've known people who've been at important meeting in my country and have been unable to secure local govt made cheap nedication or food for the poor of the nation because of WTO mandates despite having the facilty in the former and 100's of tonnes of it going to waste due to stagnation in govt. storages in latter. Systems like healthcare really do struggle in densely populated countries because of such mandates.
@dollartreeshark6786 Жыл бұрын
I’m
@jamilkhan715 Жыл бұрын
Very useful discussion. Thank you Shazad and the learned professor!
@ThePakistanExperience Жыл бұрын
🙌
@outdoortechtrekguy1029 Жыл бұрын
This man makes so much sense ❤
@jamilhashim186 Жыл бұрын
Thank you very much for your very informative and very interesting program on borrowing money from IMF Taimur Rehman sahib I am a student of Commerce and belong to a business family Anyway the point you have explained very nicely If $ increase the rupees value goes down Prices of commodities will decrease But if we are importing Raw Material from outside We have to pay in $ After processing if we want to export the commodity Because of the high price of $ The price of the commodity naturally will be more Nobody would like to buy our products
@ThePakistanExperience Жыл бұрын
🙌
@Taimur_Laal Жыл бұрын
This is the key. Import dependency of exports means that rising dollar prices do not result in our products becoming competitive. This is my key argument.
@fahd6757 Жыл бұрын
Shehzad you made more sense as a non-economist than dr taimur. The military budget/ subsidies should not be cut because we have debt repayments? What kind of logic is that? Every penny counts…. The more budget we divert to health and education the better chances of developing the country
@aunthegeek5788 Жыл бұрын
He never said they should NOT be cut, he said its not an end all be all solution.
@fahd6757 Жыл бұрын
@@aunthegeek5788 ok its not the be all. But you have to reduce your budget deficit from every avenue possible. You cannot blame IMF when your military is busy making cornflakes and running laundromats.
@jaiminvyas699 Жыл бұрын
Bhai not only health and education....they need to start making policy n start developing the main economy of Pakistan that is agriculture.....unless you increase per yeild growth on existing land....it will not be enough for local public....then education n then health.... Regarding military budget, frankly now they can't compare with india....coz Indian budget is huge ...so best is to make peace, cut down military and passion budget n invest in agriculture, local production education ...n strictly stop religious angle in education or else only maderesa knowledge is not enough to earn 3 times of meal
@thefishtruck Жыл бұрын
I think you clearly misunderstood him. He didn’t oppose cutting the military budget but just explained that Pakistan’s elites have interests that are linked with those of transnational capital and so they have no problem implementing IMF prescriptions because these don’t interfere with elite capital accumulation (which includes military expenditure) within the country.
@gamingwithali9579 Жыл бұрын
Just saw both of you eating wuth Engineer Muhammad Ali Mirza. I then watched both of the podcats, and man both of you did a fantastic job. I'm glad i found your channels. Looking forward to all og your podcasts from now on.
@ThePakistanExperience Жыл бұрын
🙌
@akshayrathore2882 Жыл бұрын
1:00:00 It's in the hand of private because private capital is not sovereign. They make stupid decisions they would suffer whereas if sovereign make stupid decision we will suffer.
@meowkitty3100 Жыл бұрын
When some Indians start to criticise a Pakistani for no logical reason, then Pakistan, understand you’ve got a gem.
@mmboy4751 Жыл бұрын
Thank you Shahzad for any other great podcast 📻 ❤️
@ThePakistanExperience Жыл бұрын
🙌
@zeeshantvusa953 Жыл бұрын
I believe in capitalism but the argument was even rational ,humble and knowledgeable ❤
@K.Tabreek Жыл бұрын
I must say this interview is really v v informative, bysted many myths. Earlier I did not v much like Dr. Sab but now I am feeling v convinced from his thoughts. Kudos. Plz make more podcasts with hjm to let us, non-economics students gain more clear concepts about macro economy. This is a very appreciable show!!🎉🎉
@jamilhashim186 Жыл бұрын
Beggars are not choosers What are the possibilities of bringing down the gap between Imports and Exports Why don't the Economist of the country sit down and try to find a solution Our Economist are 24/7 leg pulling each other
@ashrafsiddiqui1577 Жыл бұрын
Excellent Podcast . Shehzad you have been improving, fantastic questioning and good strength on Economic policies. Keep up the great work buddy.
@ThePakistanExperience Жыл бұрын
🙌
@vsukhani Жыл бұрын
The second half of the podcast was good. And the studio set-up and acoustics look much improved. Content was good, as it usually is. Only thing is, economic theories and encapsulated principles work in ideal situation, not in such real life situation far moved from ideal and all things remaining constant kind of situation like where Pakistan is placed currently. People blame higher interest rates, but can someone suggest any other measure that can be taken to incentivize savings as against consumption. If the real interest rate is so deeply negative like in Pakistan, people will have strong propensity to consume rather than save. Without savings, investments wont happen. Quick-fixes and band aids and chest-beating are no solutions at all.
@RuhailAliKhan Жыл бұрын
That's a great podcast. Thank you Shehzad for this interactive session with Dr. Taimoor. You didn't ask my questions as I was waiting for that🥺. Anyway keep it up man💯
@ThePakistanExperience Жыл бұрын
❤
@ThePakistanExperience Жыл бұрын
Aap ka sawal kya tha
@academia621 Жыл бұрын
The host doesn't realize whom he is debating with. He keeps on debating just for debate. Jack of all trades!
@IndusNative Жыл бұрын
Why do capitalism and communism have to be mutually exclusive? Many countries already have hybrid systems in place such as "Communism with Chinese characteristics" and socialism.
@ssll1408 Жыл бұрын
Yep exactly, As far as I understand some parts of the economy mainly relating to education and healthcare should be controlled by socialist policy while other parts more relating to tech and innovation should be controlled by capitalist policy
@arindamsaha7358 ай бұрын
capitalism Only in free market in china under communist rule .markets are controlled by chinese communist party.
@KabirSingh-kg9dd Жыл бұрын
Apologizes to this gentleman...but his ideas were implemented in Bengal...and we can see the devastation.... Venezuela is a other example....🙄
@ravindra7791 Жыл бұрын
Actually each and every place in the world irrespective of culture or era where it was implemented it has failed. But these guys continue to propagate it. Some people claim Soviet Union or other failed communist regimes implemented it poorly so it didn't work. But not a single country has been successful
@richardsking Жыл бұрын
Bengal naam sunte hi hansi choot jati hai meri, much din baad to africa k niche chala jaega Bengal🙄
@KabirSingh-kg9dd Жыл бұрын
@@richardsking koi baat nahi Bengal mein secularism toh hai... according to leli media...
@richardsking Жыл бұрын
@@KabirSingh-kg9dd bus secularism hai, aur kuch nahi, imagine inn logo ne tata ko laat marke Nikala tha bengal se, aaj wo gujarat mei hai, semiconductor aur lithium battery aur aircraft bana rahe hai gujarat telangana mei, aur bengal ka kya bhala hoga, jab tak waha koi pro investment party ki govt nahi aati koi waha industries lagane ki himmat bhi nahi karega
@KabirSingh-kg9dd Жыл бұрын
@@richardsking did u saw the poll violence in Bengal and leli media silence....what a hypocrite these guys r?
@ilmoadab7426 Жыл бұрын
سر مزہ آگیا قسمیں 🎉
@omarali7680 Жыл бұрын
Hi Shehzad, appreciate your work! Wanted to add to the point professor made during 1:03:00 (private enterprise vs state production). If you look at most developed economies you'd see their biggest source of income is from industries like telecom, health, automobile production and sale, insurance, and other commodity production (some countries made it through oil or tourism but that's not the general pattern). All such industries require some state intervention and funding. The government can spend with much more scale and targetted effort until the player/s reach a level where specific minimum standards are set. To this day governments have majority shares in major airlines and even industries like semiconductor (which is probably the next big world industry). The probability that an innovator or disruptor comes through private ownership is at best exceptional and has only happened in already industrialized countries, so highly improbable to say the least. During 1:08:00 you gave an example. I think you still need Carbon Fiber at a cheaper price if you could sell it to the world. You could take debt in Pakistan but the rates are going to be massive. If the government backs you, probably might make it, if not, a very high chance a Chinese or American firm buys you. And yes you gave the example of Atoms. Their revenue is 0.01% of Nike. I felt that comparison was odd.
@Taimur_Laal Жыл бұрын
Excellent point.
@gauravipal9518 Жыл бұрын
Dhirubhai Ambani disrupted the textile industry in India in 1980s. He was just a school teacher's son who se first job was petrol pump attendant in Aden, Yemen. Karsanbhai of Nirma dislodged market leader Surf of Hindustan Lever in the washing powder market in early 1980s. PayTM disrupted payment industry and its founder came from lower middle class tier 2 city. The assertion that disruptions are not possible in developing economies is simply not supported by facts. Public sector SAIL had virtual monopoly in steel industry in India pre-1991. The steel industry remained stunted. Now after the controls have been removed India has become the second largest steel manufacturer in the world.
@omarali7680 Жыл бұрын
@@gauravipal9518 That is a great point. However if you look at the % contribution of the industries you mentioned to India’s GDP, it would be less than 5%. Steel contributes only 2% to India’s GDP. You must also note that India was not always a big free-market player. Up until the 2000s the economy had some government involvement which adds to my point that it is necessary to involve the government to set the basic infrastructure and ground rules, try to make the economy compete in a regulated environment at first (which even happens today in India for e.g in commodities and milk production) and then open it to the world so your own companies meet the minimum standards of competing with outsiders. My point is that these inventions, which you pointed out, albeit massive in their industries still don’t make a big enough dent to the overall economy. We have many disruptive success stories from Pakistan too btw but it’s not something that a country can count on. P.S: The comparison with India is odd because its the world’s biggest market with a very very high demand internally. Pakistan doesn’t have that (given that our middle class is a fraction of the population). Moreover, India is 1/8th of the world population, meaning that every 8th big disruption should come from India, but it doesn’t work that way. It happens mostly in developed countries where the infrastructure is streamlined and efficient.
@surian9286 Жыл бұрын
damn ..... may pakistan be blessed with more such geniuses like taimur 😇😇😇😂😂😂🤪🤪🤪
@Gappasappa Жыл бұрын
They are - their engineers are maulana and talk about the flat earth as per their holy book 😂😂
@trilokyamohanchakra6351 Жыл бұрын
@@Gappasappawhats wrong with this taimur? I'm just a minute into podcast
@iqra07ify Жыл бұрын
@@Gappasappahave you ever heard engineer? like actually? you will come to know he bombarded with such scientific facts on those clerics those tried their lives to prove that earth is flat. religious is not bound to some class or sect. you and me can learn religious. no one owns regilious. the good fact is that engineer has read science books and he knows how to draw a clear line between religious and science and he preaches the youngsters not to mix religious with science. and i guess he has good intellect.
@user-wn6bq2yk5s Жыл бұрын
Next time koi Star Wars ka economic expert bulana. Equality reality based hoga 😂
@anuragbanerjee2879 Жыл бұрын
problem is that ... protection does not help consumers and creates local monopolies
@vinayaksuresh7507 Жыл бұрын
I am from Kerala and lemme tell you .. the high HDI is because of foreign money ( mainly Middle East ) … our people are a great workforce outside Kerala … Kerala me hum log bas Lal jhanda dikhake na khud kaam karenge na kisi aur ko kaam karne denge …and 30 years of communism has ruined Bengal to a point that recovery will take ages to come .
@ahmedakhan111 ай бұрын
But at least in Kerala remittances have helped in improving the quality of life of ordinary people. In Pakistan where have the $34 billion annual remittances gone? In all quality of life indicators Pakistan is at or near the bottom because much of this money has gone in the pockets of the elite class (landlords, Army, businessmen and politicians), ordinary people have received little or nothing.
@vinayaksuresh750711 ай бұрын
@@ahmedakhan1 yes yes not comparing at all brother .... my disagreement was towards these people fantasizing communist rule .... in Kerala they talk about communism , diss capitalasim and make it dificult for industries to set up ..then boast about high HDI which comes from remittences earned out of capitalism .
@TonyStark-mm6qy10 ай бұрын
@@vinayaksuresh7507Kerala Tamilnadu kitta irrundhu kaththukittu adha seriya pannirundha ippo engayo irrundhirukum bro, aana Malayalis neega la Kerala va vittu Gulf poiduringale despite having the highest literary
@arindamsaha7358 ай бұрын
Vinay dont lie.congres bjp destroyed indian economy last 70 years. shame on you. bengal ruined by mamta in 10 years not left .😅😂😊
@vinayaksuresh75078 ай бұрын
@@arindamsaha735 you can chose to stay in your delusion my friend .... but thanks .. let me add .... its 30 yrs of Communist + 10 years of TMC
@prateekdeoli1552 Жыл бұрын
2 elites discussing pakistan's problem that too idealists🤣, little do they know they are the part of it!
@aunthegeek5788 Жыл бұрын
Guess you didn't watch the podcast
@prateekdeoli1552 Жыл бұрын
@@aunthegeek5788 Guess what ? I did !
@anilkumar-fk8fc Жыл бұрын
Yehi toh issue hai.. kare toh dikkat, na kare toh dikkat
@Bhatti_69 Жыл бұрын
Very good podcast ❤
@ThePakistanExperience Жыл бұрын
@MukeshPanicker Жыл бұрын
Dr Taimur is mistaken about industrialization in kerala and west bengal. There is no such thing in those states. I know i am from kerala.
@nash797 Жыл бұрын
You know the reason why he’s talking about these states in India specifically
@rc-nr7su Жыл бұрын
Mr. Taimur very cleverly changed the topic when crossed with critical questions. Like blaming problems the western capitalism have but forget that by any standard the western contries have better standards of living compared to asian country or a socialist country. 2nd point is that the arab state owned airlines are dominating the business but do not mention that only the countries with easy oil money are able to do this.
@heyyo6050 Жыл бұрын
I would add that those airlines are ran like private entities, with little to no intervention from the state. They are state owned on paper only.
@thefishtruck Жыл бұрын
Western countries have developed and industrialised historically by raping and looting the third world (Asia, Africa & Latin America) for centuries while killing & enslaving tens of millions of people there. Whereas every single socialist country in history from its very inception has faced a combination of crippling economic sanctions, military encirclement, outright war or destabilisation through the West’s funding of proxy death squads. If you propose the Western model as the path for countries like pakistan to develop, you’ve either never read history unlike someone who has an actual PhD like Taimur Rahman or are just completely brainwashed by western propaganda and indoctrination.
@Arvindchauhan-qv6gd Жыл бұрын
IMF is a lender n would put conditions to ensure that its loan is secured.. If you are so much against it then don’t go to IMF.. Manage your affairs with your own funds. Taimur is not talking about productivity, Innovation, R&D etc. playing an important role in economic development… Govt should never sit in Businesses rather provide efficient governance to drive economic growth… So Taimur is absolutely wrong n misleading…
@najam.isloogian Жыл бұрын
Correct. He talks about restricting imports. but not about ways of increasing exports. Man's all for ending privatization but would not have an answer for corruption and inefficiency that come with it in a country like Pakistan...
@Arvindchauhan-qv6gd Жыл бұрын
@@najam.isloogian in sync with your thoughts
@abhijeetsharma1037 Жыл бұрын
Bro can you have debates on your podcast with people with from different viewpoints
@ThePakistanExperience Жыл бұрын
I prefer conversations over debates
@dr.cooper5909 Жыл бұрын
@@ThePakistanExperience Bro we need Uzair Younus debating Dr. Taimur cause they have conflicting stances.
@ThePakistanExperience Жыл бұрын
@@dr.cooper5909 kzfaq.info/get/bejne/btWGa5OJmrnGlo0.html this should quench that desire for you a little
@abhijeetsharma1037 Жыл бұрын
@@ThePakistanExperience Fine with conversations if you prefer them to debates but i think having multiple voices in a single video is extremely important.
@tanzeelahmed2055 Жыл бұрын
Also the money that overseas Pakistanis send us, is spent on buying consumer goods + luxury products and not on industrializing Pakistan.
@asadalisheikh11010 ай бұрын
Dr. Taimoor is damn right that dollar cannot be left at the mercy of market forces. But the question of our economic downfall revolves around our lack of sincerity, and massive corruption and extravagance and on top of that disallowing youth and unemployed to grow and extract taxes from retail and whole-sellers. And above all allowing unabated lack of justice and lack of merit. If this is to continue like this is perfect recipe for disaster which we are having.
@Health-Blitz Жыл бұрын
India also removed all Import Restrictions in 1991, and allowed Foreign Capitalists to Invest and Take Up a Significant Chunk of Indian Economy. Taimur Rahman is wrong, when he says that there should be import restrictions. The ppl in power in Pakistan don't want to dilute their power, which is IMF recommendations aren't followed.
@hasanjamshaid3312 Жыл бұрын
India problem was completely different in 1991, it was too much state control. Pakistan problem is too much privatization.
@BasEkKafir Жыл бұрын
@@hasanjamshaid3312problem is guys have no skills and people with skill leave the country. Problem is not too much privatisation but no skill and acumen to increase business.
@hasanjamshaid3312 Жыл бұрын
Major difference between developed and underdeveloped countries is strong institutions that work to provide equal oppourtunities for all citizens.
@gauravipal9518 Жыл бұрын
@@hasanjamshaid3312Too much state control resulted in low growth rate, high inflation, shortages. Taimur is advocating exactly that.
@kavitakhanna177 Жыл бұрын
Perils of free economy are true.Totally agree .First we in the third world countries have to provide minimum basic to the people.
@Health-Blitz Жыл бұрын
You are wrong.
@ravishingravi Жыл бұрын
Totally true and without basis. Most poor nation in the world embraced globalization and lifted people out of poverty. China. Communists cannot support their thesis anymore with facts.
@shamamkhan1527 Жыл бұрын
Very informative specially with queries and responses accordingly
@AbdulBasitAchakzai4 ай бұрын
on the SME vs large scale debate, Taimur is absolutely right, because he is talking about the SME sector as a whole, and Shehzad is just picking a single example out of million and not talking about the whole sector.So it is not about an individual examples about the full SME sector.
@sewaligoswami781 Жыл бұрын
Not convincing enough for me. I still believe Marxism is the most deadliest idea in the history of humanity. He made some decent arguments though.
@AhSaNL11 Жыл бұрын
He barely talked about the core philosophy of Marxism in this podcast which is that workers own the means of production. Most of the podcast, he talked about protectionism, which isn't really a Marxist idea. If it's not convincing enough for you you should study how South Korea used protectionist policies to accelerate economic growth.
@arindamsaha7358 ай бұрын
781 Who cares what u thinking .u dont have any idea what us marxism.😅😂
@Bhatti_69 Жыл бұрын
Ek establishment Imran Riaz ko nhi release karrhi or dosray ap podcast release nahi karrhay Lahore walay😅
@ThePakistanExperience Жыл бұрын
Ab se regularly! Ye raha pehla :D
@Bhatti_69 Жыл бұрын
@@ThePakistanExperience👍ok ..
@Jhonykhan867 Жыл бұрын
Appreciate taimur rahman sahib analysis.. great suggestions.. should be right people on the right chairs.
@nofi8783 Жыл бұрын
dr taimur is one of my favorite person to listen to
@ThePakistanExperience Жыл бұрын
Youll enjoy this podcast
@nofi8783 Жыл бұрын
@@ThePakistanExperience it was indeed very enjoyable
@shahidkinnare Жыл бұрын
Most of finance minister in have been either accountant, banker or pencil pusher like Sheikh Shahib. Thats why Pakistan does not have economic policy since 1947 except during PPP govt in 70s.
@trilokyamohanchakra6351 Жыл бұрын
See when you created Pakistan what was your goal? Governance? No, your priority was gazwa-e-hind. Toh bhugto
@shahidkinnare Жыл бұрын
@@trilokyamohanchakra6351 India only for Hindus. Jai Ram
@raviinder6406 Жыл бұрын
Salam Namaste Sat Sri Akaal sab bhai behno ko🙏
@ThePakistanExperience Жыл бұрын
🙌
@epicexplanation Жыл бұрын
Shahzad Bro! No Offense , just mentioning it so that you may improve...In this podcast a lot of times you argued just for the sake of argument...I don't judge you , I mean it's your right to demand clarity from the guest but at some points about a few things you argued which were clear as 2+2=4 😅...Again No Offense! You are doing great...
@ThePakistanExperience Жыл бұрын
Thanks boss. Meri kum aqli hogi kay mujhay samajh nahee araha tha :D
@mian_G37 Жыл бұрын
Islamia university bahawalpur pe b podcast kr deyn shayad leftist is pe bolna hi ni chahty😢
@fahd6757 Жыл бұрын
Population of pakistan doubled during 1980-2000… the same period dr sahab is talking about…. This was not inevitable or due to IMF….
@AbhishekVerma-jk2tt Жыл бұрын
India ki saajish, RAAAAW agent,
@Health-Blitz Жыл бұрын
Capitalist Adani Bought Port From Communist Government in Kerala Kerala Government literally begged him to invest their port.
@arindamsaha7358 ай бұрын
Its bjp govt stupid.not kerala govt.😅😂
@kapilsethia9284 Жыл бұрын
him using word utopia in condescending manner is funny.
@user-kq8jo9dc8d10 ай бұрын
A nation not willing to own up to its mistakes will be cursed to repeating them. Our policy makers are the reason we are in this mess, not IMF.
@CaptainAwesomeness Жыл бұрын
I love how many of your guests including Taimur Rehman state that everything is the fault of someone other than Pakistani govt/establishment (yes I know he talked about one of the issues being the lion's share of the budget going to defense/national security). As always though, the left fails at making a convincing argument - at least for me.
@ThePakistanExperience Жыл бұрын
No one wants a black vigo 😅
@CaptainAwesomeness Жыл бұрын
@@ThePakistanExperience all jokes aside, this status quo nonsense with regards to the ones who own the black Vigos is not making matters better for Pakistan. Yes Pakistan is subject to the conditions that the IMF has put in place, but Pakistan put itself in this situation 22 times or so. If other developing nations can pay off their commitments to the IMF (Bangladesh as you stated in the interview), what makes Pakistan so unique? For me the most difficult thing to absorb is your guests' argument (Taimur is not the only one) that Pakistan is not able to do anything because it does not control anything in terms of fiscal and monetary policy. I feel that he may have deliberately failed to admit that this is because of Pakistan going repeatedly to the IMF for money over several decades and never paying the original obligations back. With a track record like that, which lending agency would not add additional conditions for any future loans? In any case, the bottom line is Pakistan is where it is because of its own failure to make decisions to promote economic stability and progress. This whole other talk of whether the economy is supposed to be Keynesian or Socialist or Islamic or whatever doesn't help find practical solutions to the current problems.
@dr.cooper5909 Жыл бұрын
@@CaptainAwesomeness I concur mostly. Why does IMF or the West have to be blamed, when it's a defect in Pakistan's economy that their export industry does not add enough value to its imported raw materials even after decades, and as a result devaluation in PKR doesn't lead to increase in exports.
@trilokyamohanchakra6351 Жыл бұрын
@@dr.cooper5909guys you're thinking too much, Pakistan only has two things, army and religion, baaki sab ram bharose(tbh geo political location)
@AKumar-co7oe Жыл бұрын
@@trilokyamohanchakra6351army, religion and an intellectual elite that is adept at coming up with excuses to defend barbaric religious extremist mindsets, to glorify military dictators and to deflect from their own track record of ineptitude by blaming outsiders.
@umangdesai4136Ай бұрын
Great economist! Love Pakistani economists!
@anilbk6613 Жыл бұрын
People give a lot of credit to Manmohan Singh and PVN for opening up India's economy.. But it was IMF's budget
@richardsking Жыл бұрын
India was forced to liberalize 😂 by IMF, but idiots still think it was masterstroke of congress govt
@sohaibamjad2878 Жыл бұрын
Dr. Taimur explain such concepts so easily. He is brilliant in explaining economy.
@dellhp9564 Жыл бұрын
Kerela economy runs on gulf money and tourism what industry is there??
@arindamsaha7358 ай бұрын
U r sleeping so u cant see. 😅
@canindya Жыл бұрын
Your export competitiveness is not dependent only on the dollar rate. In the medium to long term you need to focus on value add efficiency.
@firozebukht8207 Жыл бұрын
It is clear that People of Pakistan are very much interested a separate countries, one has to accept that the people are working on that direction.
@muhmmadali5645 Жыл бұрын
Yeh IMF ki galti Nahin hai k itny karzy Dany ky baad bhi India chain Bangladesh ki tarha humny koi micro industries Nahin lagai... 70 Saal toh humny Lumber 1 ban k guzar dia.. algy 10-20 Saal tyar ho jao dandy k liye...
@danyazehri5315 Жыл бұрын
ہیں !!؟؟ اچھا اور یہ چونٹیاں آتی کہاں سے ہیں بھلا !!!!؟؟؟؟؟ kzfaq.info/get/bejne/mNJnedeYysecm5s.html