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More from @javedhassan

Apr 24
The Malala phenomenon is something that a good writer will write an interesting book on. Her story is compelling and still not complete. There could be still some twists and turns in it. As things stand she’s this brave young girl who stood up against the oppressive Taliban, and
almost paid with her life for doing so. She’s saved by the freedom loving west who Medivacced her as she lay bleeding and near death’s door. After being transported to UK and saved by Britain’s NHS, the story suddenly takes a dark turn. She’s co-opted by all those forces that see
the West’s divine duty to civilise the primitive Islamic world. She’s adorned with Nobel prize, the first of many necessary accoutrements to arm the Pashtun Joan of Arc. The obligatory charity fund that does creditable work to educate the underprivileged across the third world.
Read 9 tweets
May 17, 2023
**********PUBLIC ENCOMIUM*********

I, a lowly citizen of the Islamic Republic of Pakistan, acclaim from the deepest bowels of goodness that not enough praise can express our grovelling gratitude to THE institution for its sacrifices & benevolence (although touts r trying hard).
Let it be constitutionally enshrined that all political parties and their ideologies must be towards service of THE institution.

Any deviant thoughts promoted by miscreants demanding absurd notions of democracy/civil liberties must be denounced and repressed with an iron fist.
All thought must always endeavour to reflect the abiding love of the people for THE institution.

May paeans of praise be broadcast for their splendiferousness. Let it be said that their fragrance is sweeter than that of roses & Yubari melon. They’re the best of the bestest.
Read 4 tweets
Jan 20, 2023
After the abysmal failure of Import Substitution (IS) as state policy to achieve economic nirvana, the new ploy of rentiers is to promote the dubious idea Export Oriented industrialisation (EOI).

Both ignore the consumer and assume the state has superior knowledge about markets. Image
In a manner both are two faces of the same coin, where the interests of certain producers (export oriented)are to be promoted by the state inevitably at the cost of other producers (domestic market focussed). It will inevitably imply protection for the nascent exporters
at the cost of domestic consumers. This is most recently seen in the mobile phone assembly policy. Already Pakistani consumer is having to pay higher prices for shoddy mobiles. In few other countries is it so difficult for an individual to buy abroad a handset to use in Pakistan
Read 9 tweets
Dec 13, 2022
The Fact Finding Report by Athar Waheed & @omarshamid is meticulous detective work. In any country governed by laws it would serve to indict those that are most likely to be culpable of such an organised murder with powerful forces behind it. Thank you @mayet1111 for link below
There’s detailed trail of the multiple threats Arshad Sharif faced once FIRs started being filed all across the country. Interestingly 3 FIRs on same day with “..the contents of all FIRs are almost same with allegation that Mr. Arshad Sharif is involved in false propaganda …”
“…Almost all FlRs except one under provision of Pakistan Penal Code related to sedition…were registered without due process o f law…”.

Then "It had been learnt through reliable sources that a splinter group o f TTP In Its meeting held at village…”.

He just had to leave!
Read 13 tweets
Dec 12, 2022
Just as dreadful as the idea of import substitution are policies of promoting an export oriented economy. Both open the door to subsidies and misallocation of resources. Both equally harmful. Both equally ignore the most important component in an economy - the citizen & consumer.
The focus of all state policies - economic, legal and otherwise - must be to seek the highest degree of freedom for individuals and productive capabilities that best meet consumption needs of a free people that can freely transact goods and services at their greatest ease.
Such policies will neither seek to direct production in one direction or another nor provide state, welfare extracted from the peoples purse, to one form of production over another. Businesses will thus more efficiently harness resources available to be best to meet the demands
Read 5 tweets
Dec 11, 2022
Sobering assessment of India as an investment destination in @ForeignAffairs:

• growth rate over past 3 years has been just 2.5%

• not much evidence that foreign firms are relocating production to India

• overall FDI has stagnated for the past decade reader.foreignaffairs.com/2022/12/09/why…
Main reasons why global firms are reluctant to shift their China operations to India, incl:

• perceived lack of consistency & impartiality in policy framework

• high tariffs to inputs - a powerful disincentive for firms looking to investment in India (@gonwei @EconomistAadil)
• middle class consumers (only 15% of population) remains surprisingly small - no more than $500bn

• risks of doing business in India outweigh the potential reward
Read 6 tweets

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