Pakistan's Economic Reality Exposed - Atif Mian - Leading Economist - #TPE 295

Sep 17, 2023

Atif Mian, a Pakistani-American economist, discusses the economic reality of Pakistan, including the instability and unhealthiness of the current economic system. They explore the significance of leadership and political parties, the financial implications of selling Pakistan's assets, and the importance of long-term thinking. They also delve into the pros and cons of loans and cash handouts, the need for balancing the current account and energy transition, and potential areas of growth for Pakistan's economy.

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Introduction

00:00 • 3min

The Unstable and Unhealthy Economic System

02:37 • 17min

Exploring Beggars Can't Be Choosers and The Role of Leadership and Political Parties

19:33 • 4min

Financial Implications of Selling a Small Percentage of Pakistan's Assets

24:02 • 15min

Admiration for Cricketers and Disappointment with Cricket Board Management

39:24 • 2min

The Importance of Long-Term Thinking in Various Contexts

41:08 • 24min

Understanding Economics Beyond Ideologies

01:05:36 • 2min

Loans, Cash Handouts, and Poverty Alleviation in Pakistan

01:07:25 • 8min

Balancing the Current Account and Energy Transition

01:15:08 • 2min

The Economic Reality of Pakistan

01:16:44 • 27min

Bangladesh's Economic Growth and Future

01:44:11 • 26min

The wake up call that Pakistan needs; one of the leading Economists of the world, Atif Mian, comes on The Pakistan Experience to show the Economic Reality of Pakistan. On this deep dive podcast, we discuss how Pakistan's Economy is on the tipping point, the things that need to be done to fix it, understanding the economy as part of the whole system, Foreign Investments, Debt, CPEC and the Social Realities of Pakistan. https://www.youtube.com/watch?v=JZrWDUUCzmA Atif Mian is a Pakistani-American economist who serves as the John H. Laporte Jr. Class of 1967 Professor of Economics, Public Policy, and Finance at Princeton University, and as the Director of the Julis-Rabinowitz Center for Public Policy and Finance at the Princeton School of Public and International Affairs. He received a Guggenheim Fellowship in 2021, and was elected Fellow of the Econometric Society in 2021. Atif Mian is also the co-author of the critically acclaimed book, "House of Debt" The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations. Please consider supporting us on Patreon: https://www.patreon.com/thepakistanexperience To support the channel: Jazzcash/Easypaisa - 0325 -2982912 Patreon.com/thepakistanexperience And Please stay in touch: https://twitter.com/ThePakistanExp1 https://www.facebook.com/thepakistanexperience https://instagram.com/thepakistanexpeperience The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications. Instagram.com/shehzadghiasshaikh Facebook.com/Shehzadghias/ Twitter.com/shehzad89 Chapters: 0:00 Introduction 2:00 Understanding the Economy as part of the whole System 10:00 What is wrong with the System and how to fix it 17:00 Loans, Foreign Investment and Real Estate Projects 28:30 IPPS, CPEC and Repayments 41:30 Building Pakistan to compete Long Term and Exposure to the Global Financial Cycle 52:00 Extreme Inequality, Wealth Distribution and China 1:07:40 Cash Hand Outs