Pakistan's Economic Reality Exposed - Atif Mian - Leading Economist -
ฝัง
- เผยแพร่เมื่อ 17 มิ.ย. 2024
- 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.
• Pakistan's Economic Re...
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:
/ thepakistanexperience
To support the channel:
Jazzcash/Easypaisa - 0325 -2982912
Patreon.com/thepakistanexperience
And Please stay in touch:
/ thepakistanexp1
/ thepakistanexperience
/ 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.
shehzadghiasshaikh
Facebook.com/Shehzadghias/
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 - บันเทิง
Watch the first podcast with Atif Mian here:
th-cam.com/video/tJ0zIS8Izq0/w-d-xo.html
Ab to maan lein ke IK was handling economy better. You seemed to have never ending beef with him when he was in power but now please state the truth.
Pakistani Jihadi Muslims must not have understood all these things.
Thanks Shehzad ..you are doing a great job by education the people of the country ..
Thanks a lot of Atif Mian for sparing his extremely valuable time for Pakistan and its people...
Arif: you have incubator of Terrorist - education system . You have blasphemy law and you have military as your baap with corruption as way of life.
“Countries that are defeated by their enemies often rebuild. But the countries that are destroyed from within-that's really the end of the line.”
― Stephen Kotkin
As a student of Economics and as an Indian learnt a lot from this podcast..
Thank you 🙏
🙌
Thank you sir. Liked your comment. 👍
Filthy Kuffar
I feel jealous of this man’s intellect and clarity. Try asking these questions to most so called famous economists and the answers will be mostly jargon. The fact that Atif can not only answer these hard questions, but offer solutions is what makes his talk a masterclass. This man is a gem and should be a bi yearly fixture on your podcast. A true gem.
🙌
Such a shame that Pakistani leadership has not been been strong enough to change the discriminatory discourse and use brilliant assets like Atif Mian.
Truly
He was appointed in IK government and there was social media storm against this. But the so called intellectuals including many here did not raise their voice against the crap that was said against this guy. Conclusion we are ourselves responsible for the current state of Pakistan by being a mere witness to all the injustices being unleashed in that country..
Jab bheek se kaam chal rha toh fir iski kya jaroorat
Molvies went berserk against A.M as their bread and butter is ensured and they give a damn to pakistan and its people.
@@safdarakbari ik is mentally a radical. he does not sport the beard to not make it obvious
i am amazed that half of the comments are from India, and just shows how much logic and common sense takes precedence in India, i wish logic could prevail in Pakistan as well. Really appreciate the podcast for starting this sort of discourse, i hope this way of thinking beomes the majority
This is a classic economy class which we got for free. In Princeton Uty where Mr Atif Mian teaches, it costs a lot to attend his class. Thanks Shehzad for bringing it for free 🙂
🙌
The greatness of Atif Mian is that he can explain the most difficult global economic issues so casually and simply that even a layman like me can understand and stay intrigued,
I heard this podcast 2 times and i can hear many times and still learn new things . Guest was completely honest and knowledgeable.Thanks Shehzad.
❤
This economist is brilliant. He is what Pakistan needs. Even if Imran Khan wanted him, the army did not want him and hardcore sunnis.
Shahzad , keep up with these Atif Mian podcasts.
2 hours seems like 2 minutes with this guy , the way he explains economics intrigues me alot with this discipline.
❤
What struck me most about listening to Atif Mian was that there was a genuine pain and sadness in his voice when he was talking about the economic situation. Even after all of the things this country has put him and his community through he still cares about the country and its people.
He is a genuine man. He was earlier a professor in my university at Chicago and he wrote book with another Our professor Aamir Sufi. We used to talk that he will win noble prize one day. He is such a smart economist in the US too.
Like Dr Salam
Absolutely true.
What an impressive interview. I shared with people who rant about the country situation and how Atif brilliantly explained economics for common man. This podcast should be seen by everyone!!!
🙌
My parents left Pakistan 1974 because of persecution. We children became police commissionars, Doctors in different fields outside of Pakistan. Sometimes i wish to be in Pakistan to work for My country but it is not possible
Everything comes at some price😢
Your father fault. You are a minority, have a different religion Qadyan. Accept it and live in Pakistan.
Don’t do it. Do come back. You escaped hell. You will end up like aqk
You should be thankful for your parents for making a great and significant decision on time.
"how could we swallow APS without any structural change?" Golden Words
One of the best podcasts on Pakistan society and economy. Thanks for inviting Dr Atif Mian.
🙌
It is disappointing that the Pakistani government has not been able to change the discriminatory rhetoric and make use of talented individuals like Atif Mian.
Imran Khan is ko advisor banana chah. Lekin humara mulk ma ahmedis k khilaf bari nafrat ha phr isko advisor nai banaya😊
We need educated People like Atif Mian, to run the country kudos to TPE for bringing him back on the podcast.
100%
Dude pls get real. Ur own “hero” Imran Ahmed Khan Niyazi dropped him like a hot potato for being an Ahmedi. Stop being so hypocritical as people. I really love what he has to say. He’s clearly head and shoulders ahead of so many economists
not going to happen 🤪and take a guess why?
Pakistani says one thing,
But thinks other and then do others
@@guldukanmy guess comes from a kannada proverb.( Indina makkale nalina prajegalu).todays children are tomorrows citizens.
Today's popular succesful economist will be tomorrow's prime ministerial candidate.
If a successful cricket kaftaan could hold the Highest office,why not an economist
From the expert’s mouth....
“Economist” aur “Accountant” kay farq ko jaan ker jiyo....
Classy conversation ❤
Atif mian is true patriot we can see tears in his eyes while talking about APS and other moral issues
Atif Mian working with Abhijeet Bannerjee. Wow! Can’t wait. Meanwhile you can hear the love of Pakistan in Atif voice. So sad when you think of how that country has treated his people.
Just because A Bannerjee is an Indian, we have nothing to be elated. Commies like Bannerjee and Amartya Sen were responsible for setting India backward
Rules are rules and should be equal for everyone.
I had been desperately waiting for this podcast. I absolutely love this person, what a caliber he has! Truly inspirational
Really?
🙌
Why desperation..
@@amitaprabhakar2152Exactly. This fake liberals Pakiatani podcasters need foolish Indian subscribers for their numbers. He is one of those foolish subscribers.
What I loved about Mr Atif Mian, is the fact that he did not want to be categorised into any "isms". Muzammil Shah also refuses to be categorised. This is a true indicator of intellectual capacity. When we classify or group ourselves into a follower or proponent of any theory, we infact create constraints for ourselves from opening upto new possibilities or opportunities.
Muzammil Shah is a hack. Apples and oranges comparison.
Of course Atif has personal views in which he identifies with certain values that will box him in one ideology camp. The reason for not disclosing it is pragmatic. Because if he discloses his views then he'll alienate the audience that do not identity with his particular ideology. He knows he can't risk that. He's reluctant to share his personal views because he is well aware of the intellectual shortcoming of his audience. Incredible restraint.
This is such a ridiculous line of argumentation. Are Kierkegaard and Sarte not independent thinkers because they identify as existentialists? Does Marx have nothing to contribute to economy, sociology and philosophy because he identifies as a communist? People can have positions on topics. In fact that's what being educated in the subject matter leads you to. You can't be on the fence about topics like this and have no views. You're not thinking at all then.
Brilliant !!! Kudos Shehzad for a terrific conversation. Dr. Mian is fabulous. Many congratulations from India.
❤
A highly recommended podcast for anyone interested in learning about the idiocracy of our policy makers.
Illiterate, shortsighted and internally divided. Stagflated we shall remain. Thank you Shehzad and Arif Mian at for this insightful and hopeless reminder.
🙌
U didn't disappoint with day before yesterday's clickbait title,it was indeed the greatest economics worldview that one can have,what a show
❤
He is so passionate about his country. True son of the soil.
Are you sure that rest of the Pakistanis consider him a son of the soil?. He cannot be hired by the government. In Pakistan there is no merit. If you dont identify with the majority then you are considered nothing.
The issue isn't that Pakistan doesn't HAVE the people who can solve all it's problems. The issue is, Pakistan doesn't WANT the people who can solve all it's problems.
Because their elite lobby benefits from the crisis
They essentially manufactured the afghan crisis in 1979
Which was renewed for season 2 in 2001
Unfortunately, most smart economists are non-Sunni - Princeton University Professor
How the principles of economics take into account expensive terrorism?
PM Imran Khan is Economist from Oxford University.
Harsh reality is May be this video is more seen in india than pakistan
I have seen , enjoyed atifs, khurrams, uzairs podcasts here n else where for the past 3 years. All of them are great economics 1 o 1 and all of them are tiered of repeating and they are singing to local crowd who are DEAF. Also paki elite DONT want to take the any pain in life.
Very well said.
waiting for this! Dr Mian has an extraordinary method to explaining the basic economic concepts.
Yes
Great economist, great human, and a great Pakistani! Love you Atif!
🙌
Atif Mian is such an eloquent personality. As a student of finance, I learnt so much! Thank you.
Great discussion! Hope that better minds will prevail. Warm regards from India
🙌
I'm an accountant like our ex finance minister. He (Ishaq Dar) did to Pak economy what we do in a small business i.e. balancing the balance sheet.
I totally agree with this legend (Atif Mian) that our social problems are of much more magnitude.
May real owners of this poor country take pity on all of us.
Can you trust a qadeyani?
@@Sam-kd2dcquestion should be whether a qadyani should /would trust punjabi jarnyails
Lots of respect for Mr. Atif Mian for speaking the truth and his objectivity. May the big boss takes it seriously and start working on this advice.
He could be such an asset to Pakistan it is beyond my imagination how Pakistanis keep him away. I guess no can save you from internal enemies
Pakistan is a very unfortunate country that it keeps kicking out its best talent on one pretext or the other.
😭😭😭
Loads & loads of respect for Atif Mian!!!
&
Bravo Shehzad for this wonderful podcast/Macro Economics Masterclass !!!
👏👏👏
🙌
In a democracy ultimately people are accountable.
A great podcast. Shahzad is a great host - asks pertinent questions and lets the expert explain without unnecessarily budging in out of ego projection. Atif Mian identifies and connects the dots in a very easy manner. Learned a lot. Thank you both.
🙌
I wish IK had taken a solid stand on Atif Mian's issue instead of surrendering to it without even showing up a little fight.
The army has the last stay.
Excellent Analysis by Atif Mian.
Indeed a gem of an economist.
🙌
It is wonderful to hear Atif Mian speak. Atif's premise is that these people are ignorant or incompetent is naïve or Atif is too polite. They know they are pricing local assets way below their intrinsic value. Those that run this country are only interested in enriching themselves at the expense of the nation with no remorse, honor, or self respect. They run private businesses, overthrow governments, form/disband politician parties, abuse/kill its own people, you may ask why? Money. Today what we are seeing is the culmination of 70 years of horrific abuse.
Atif MiN rightly feels shocked about how was able to swallow APS (16th december 2014) without structurL change. He is right of course. But there was something many order of magintudes worse that happened on 16th december also - coincidentally. 16th december 1971. :
Again impressed with this great gentleman Atif Mian.. hats off.. also the host is really knowledgeable to get the required substance out from the guest..
🙌
I have been waiting for this podcast since yesterday. Although I am an Indian and this podcast is mostly on Pakistan's economy, but listening to Mr. Atif Mian is always enlightening. He is probably the most influential economist from South East Asia of our time with significant exposure to politics as well. I hope someday he will visit India, and we in India would have the opportunity to listen to him about Indian economy and things that we can do better/correct. We, Indian should listen to this wise man if we want to continue our journey of prosperity.
🙌
it would be great if Shehzad makes a podcast on Indian economy with Dr Mian. Indians need to hear new different perspective on the economic issues. usually Indian economist have a political bias. it would be interesting to hear what experts like Dr Mian think about Indian economic future.
Well said
well said. I share exactly the same feeling. Gratitude to Shehzad for bringing him for our perusal.
@@tvdhananjayan true
Thank you for such a detailed podcast Shahzeb and Atif sb!
Always easy to understand Dr. Atif.
Extremely realistic analysis and sensible and scientific. Showing us the real picture and long term solutions.
🙌
Great! Was looking forward to it ❤
❤
Excellent Interview. Dar should listen this interview.
Simply amazing , he is truly blessed with intellect and elegance to convey the complex ideas for common people
🙌
despites all the controversies u are doing an amazing task brother to educate this so called nation😊
❤
Brilliant guest, insightful discussion full of ideas and solutions. Well done both.
🙌
Great 👍 Atif Mian.. he has in all simplicity explained what is called "Boom to Bust Economic Modeling of Pakistan"...
🙌
Great discussion once again. "Lack of Nationalism" is the most apt reason as identified by Mr. Atif Mian. But we will never accept the realities.
Kudos to the brilliance of the man. He explained some of the most complex thoughts in a manner that a child can understand
🙌
Huge respect to you sir from India .🎉
🙌
I like bery much to be in in Indi conversation, especially when I understand the points in action potential.
Very knowledgeable person, I wish we have such individuals in Pakistan to put our economy on right track
Work out done! Coffee with Shehzad and Dr. Atif!! Life can’t be better than this! 🙏🏻
❤
Shehzad, every time Atif Mian comes, the value of the episode increases by atleast 5X. I've been watching this in the gym while using a cross trainer as this is more invigorating than music can ever be!
🙌
My favourite Economist highly highly highly highly highly highly highly highly appreciated vedeo God bless both of you real hero.
❤
A moment of Shame for Pakistan , We had surrendered in front of Extremists and Not appoint Him as a Finance Minister.
So sad .
No doubt he has a brilliant mind and Strong Economic leadership
Completely agree with you ….this is because due to our dictator they strengthens these people against politicians
Atif Mian could’ve been Pakistan’s Manmohan Singh. What Singh did for India’s economy, the results are evident now. But we’re our own enemy. We don’t need any external enemy. We’re doing a great job.
😂there was pv Rao who was the pm at that time,even his own party 😔 disrespects him and his family till now so have some knowledge.Yes mms was fm at that time but he was also in financial advisory since 1980's but india was failing so only pv Rao played the main role for India's growth 📈 destiny.
@@bazigar9380I would not like to argue with someone like you. I would just say what Rao Sahab told Manmohan Singh, “If I don’t work then it’s your fault, if it works then it would be our win”
@@ResponsibleCitizen001 Doesn't change the fact that without the political cover that Narashimha Rao provided MMS couldn't have done much.
For every Manmohan Singh there is a P V Narashimha Rao. Technocrats can't do much without political cover.
Stupid post. Manmohan did nothing other than follow the dictates of IMF. He and India had no choice. It was the corrupt policies and goonda raj of Manmohan's creepy Congress party for 60 years that bankrupted India and brought it to its knees.
Sad reality is this Great economist might win Nobel prize and Pakistan will not say he is there Son.
Great economist? Smallest bit of sense from a pakistani sounds like something great. Low expectations bring the wow factor. I am not convinced he is a good economist yet let alone great.
@@isacr4063ishaq dar is that you? 😅
@@Globalgherdaak ishaq dar? I am not a porki.
@@isacr4063 Show me your degrees and experience, I will become your follower.
Wow. What a masterclass in economics!
🙌
Thanks for a wonderful conversation, complete package with diagnosis and treatment.
🙌
Atif Mian is a patriot. A real genius and honest to the core.
Its great to know such kind of podcast are becoming hit in Pakistan. Atleast now we come to know what are out shortcoming andnow we are looking at the solution
🙌
Amazingly educational and honest 👍
🙌
Thrilled you had atif on your podcast, excellent analysis.
🙌
Great watch,
Kudos to the host for hosting and providing Mian Sahib with a platform something that majority of pakistani content curators wouldn't do soley because of Mian Sb own personal belief and any backslash that may come.
Such a brilliant discussion Mashallah!
I am economics student and how much I learned in this 2hours podcast is more than my whole semester..
Unfortunately, extremist and narrow-minded mullas have hindered his ability to contribute to Pakistan's economy.😢😢
❤
Who is behind Mullahs we all know, I hope they should realise it and use him at upmost of his ability
Damn, this guy is a gem. I learned so much. I would so love to listen to his lectures.
🙌
This was very illuminating, not knowing about much of economics earlier on.
Delighted to listen to a sober, decent Economist with profound knowledge and lucid explanation of situation and remedial measures also reminding of current weakness in the system .
Needed a conversation like this to get Ifat Omar's podcast out of my system. 20 minutes in, very educational 👍.
Brilliant guy wish Atif can become finance minister of Pakistan with power he can change the economy in a decade ❤
Oscar worth guy
❤
he explains difficult concepts with such an ease that even people like me who find it really hard to understand economy can learn a lot.
Great Podcast. Wish that mainstream Bureaucracy listen to it what Atif Mian has discussed.
Same
Atif is not just a great economist he is a great great human being as well.
The podcast was exceptionally enlightening. As someone with limited knowledge of economics, I have gained a wealth of insights from Atif Mian. His expertise is truly inspiring, and Pakistan should strongly consider bringing him on board. He is the indispensable figure needed to steer our economy in the right direction.
Worth the wait, brilliant!
🙌
Young brother shehzad, as a pakistani living in US and trying ti find some light at the end of a tunnel, i sew you and some young minds like you. One of the most no nonsense but straight to point, with so much constructive content and so educational. God bless you and i hope you see many successes and inspire other young minds like yourself to dive in to these conversations with having the most basic fundamentals right on the issues instead of bringing inshAllah and things of sort for hopeful messages and praise. I salute you brother
❤
Excellent podcast. @shehzad i do follow your podcasts here from India. Lots of love and best of luck. Atif Mian is an exceptional , crisp and thoughtful economist. Unfortunately, no one in pak is going to pay heed to his advice
❤
Agreed
ملاں گردی نہ ہوتی،تو پاکستان کی معشیت تباہ نہ ہوتی
Amazing chat. It is always nice to listen to guys like Atif Mian. SALUTE
🙌
Atif has explained superbly.
It is so sad that nobody will listen to him.
One of the best episodes Shehzad, the man is just plain brilliant
Yes!
Very enlightening. It's Pakistan's loss to not have benefitted from AM's expertise and knowledge.
What a phenomenal podcast! Great job Shahzad and team!!! Main bhoolay bisray wapis aaa hi ajati hun kia krain kaam apka aisa hai! keep at it! and I know these heavy-hitting podcasts are also food for the trolls. So Shahzad apna khayal rakhain :)
🙌
13:00 160+ Space startups have come up in the last 5-6 years. These startups have staryed becoming suppliers and partners to UAE, Japanese, Israeli space programmes
Wowwww...Wowwww....👏👏👏
Atif main is simply brilliant he can explain difficult economics in simple words even a layman can understand...Waiting for Econ-103. It'sad we can appoint most incompetent person for the job but can't incorporate people like Dr Atif in our system.
🙌
Wasn't he thrown out because of his religion? He was one of the few Pakistans who was questioning CPEC, the "game changer".
"Your poverty is your strength...
The forces of nature are with you..."
Incredible podcast by @ThePakistanExp1
with @AtifRMian
.Atif explains the enigmas of economy through simplistic way and in lay man's jargon.
🙌
Shahzad bhai this is one of the best podcast... Atif sb ko aj tk itna casual or openly baat krte nhi dekha .. he explained everything .... He is a true patroitic.... Is mulk ne gaaliyan or nfrt di or Atif phir b itna positive about the nation
🙌
Wonderful discussion ... very wise and deep insight .... great show TPE ....
🙌
Hopefully just like me, General Asim Munir is also listening to Atif Mian while hiding in his blanket at 2 am.
what an honest conversation!!! Feel sad how restricted he feels in articulating fully - If i am understanding him fully - he is saying - Remove extremism socially - STOP supporting Islamic (religion based ) fundamentalism/Terrorism - that is the only way fwd not only socially/morally but economically as well.
❤
That will be against Two Nation Theory for many.
@@vinsin328No, but it is against islam first before any two nation theory, what they r doing is sadly under the name of the religion, misguiding people and making phatoes in society
What a logical conversation, really love the podcast, Huge respect for Sir Atif Mian,.Unfortunately, Pakistan's political system never accepts its own intellectuals to work for the country. Shahzad keep it up, really admire your work. Love and respect from Qatar.
🙌
APS example broke me, tbh. Brilliant podcast. Invite Atif Mian more often to discuss economical situation of Pak.
🙌
This was a masterclass by Atif Mian. Usually he tiptoes around issues of religious bigotry and intolerance--for obvious reasons--but in this interview he clearly identified the problem which is hatred and intolerance. Unfortunately the Pakistani state, especially its generals, are addicted to gundgardi. This is so reminiscent of the medieval raiders who were interested only in looting and plundering not producing. The Pakistani state has survived mainly by leveraging its nuisance value but it looks like the world has finally tired of financing this criminal enterprise.
hmm... but Pakistan was created for that very purpose.
It’s not hatred, they are practising Puritanical Islam
It's the punjabi chauvinism which is surprising coming from punjabi mslms who never ruled punjab
Except qadianis have always had a connection to that military elite, and that cult demands mandatory chanda and every aspect of their lives to be governed by their s-called "khalifa". Bajwas father in law was at one time a paid up member of that group. The qadianis had their own militias too.
This podcast open my mind
🙌
out of all episodes this one is my favourite. For many reasons.
Well done Shahzad. Amazing to see some real stuff happening on this so called 'media' of Pakistan.
🙌