Thinkers to Tutors: Bankers Run the Show I Pakistan’s Economic & Academic Crisis

Dr. Nadeem Ul Haque, Vice Chancellor - PIDE, delivered a powerful and thought-provoking address at the 4th PIDE-RASTA Conference, highlighting the pressing issues facing Pakistan’s intellectual landscape, particularly within the fields of economics and academia. He boldly addressed the lack of respect for economists, the dominance of bankers, and the critical need for intellectual freedom to shape Pakistan’s future.
Salient Points of Dr. Haque Speech:
1. No Intellectual Freedom in Pakistan
2. Economists vs. Bankers: A Struggle for Respect
3. The Power of Economics in Shaping the Future
4. The Disconnect Between Economists and Policymakers
5. The Need for Local Research and Solutions
6. Economists’ Irrelevance in Pakistan
7. Lack of Original Ideas Among Pakistani Economists
8. Universities as Tuition Centers
9. Bankers Dominating the Economy
10. Unorganized Economists: Tutors, Not Thinkers
No Intellectual Freedom: Dr. Haque emphasized that limited intellectual freedom stifles innovation, restricting economists and researchers from exploring new ideas and contributing to policy-making.
Economists vs. Bankers: Economists in Pakistan have less respect and influence compared to bankers, undermining their role in guiding long-term economic strategies.
Economists Can Shape the Future: Dr. Haque argued that sound economic research and policies are crucial for Pakistan’s future, but this requires valuing economists' work.
Politicians and Bureaucrats vs. Economists: There is a growing disconnect between economists and policymakers, with a preference for short-term fixes over evidence-based solutions.
Need for Local Research: Dr. Haque called for local research tailored to Pakistan’s challenges, urging for less reliance on imported solutions.
Irrelevance of Economists: Pakistani economists have become disconnected from real-world issues, making themselves irrelevant in public discourse.
Lack of Original Ideas: There is a critical shortage of fresh ideas among economists, with a need for innovative thinking to address national issues.
Universities as Tuition Centers: Dr. Haque criticized universities for prioritizing rote learning over critical thinking, hindering the development of future economists.
Bankers Running the Economy: The dominance of bankers promotes a short-term profit-driven approach, sidelining broader economic perspectives.
Disorganized Economists: Economists in Pakistan are unorganized, acting as tutors rather than thought leaders, failing to advocate for their field.
#Pakistan #Economy #Bankers #EconomicCrisis #IntellectualFreedom #Freedom #Crisis #Shorts #Debate #Podcast #Conference #PIDE

[@ashrafalam6075]

Respected Dr Sahib, Highly appreciated your concerns and grievance
Well narrated problems, how ever when there is a problem always multiple solutions are available. For this highest level of Tolerance is required. You know many people who have the Solutions. Recommending few for immediate reference. Mr Uxi Mufti, Dr Ejaz Shafi Gillani, Mr Tariq Ali UK,Mr Hussain Haqqani USA, Mr Miftah Ismail and many more. They will provide you practical solutions wrt Pakistani Society Perspectives. Thanks for your efforts.

[@chevellesome]

You gave the right direction to the path that the existing and aspiring economists should take.
But the question is..who will heed your valuable words and then go in that direction to explore their own paths sincerely and passionately?
If daring individuals do that and connect among themselves during that journey, the destiny of nation can be change otherwise, status quo will become even worse.

[@chevellesome]

*changed

[@ashrafalam6075]

@chevellesome ,Respected, That's the basic problem. Those who are capable/ competent and give the Right path are absent/ sidelined. Zero/ Negative value people claim that they can solve the problems. Graveyard are full of indispensable people.