Kickstarting Pakistan S Economy

This work examines the effects of financial liberalization of the more advanced economies in Southeast Asia and analyses the degree to which emerging and transitional economies in East and South Asia can benefit from this example.

This book analyses the strategic and economic significance of the China-Pakistan Economic Corridor (CPEC), with a particular focus on the region of Balochistan. Given the history of multiple insurgencies that the Pakistani Military has confronted in Balochistan, the book examines the region's intricate conflict ecosystem and security landscape, which poses potential threats to the CPEC. Structured chronologically, the book traces the evolution of the Pakistani Army's counterinsurgency practices inherited in 1947 from the British Indian Army's culture of fighting small wars through to the contemporary counterinsurgency (COIN) adaptation in the ‘war on terror’, and afterwards, to the fifth round of the Balochistan insurgency. The analysis centres on the development of counterinsurgency theory and practice by the Pakistani Army. It empirically investigates the efficacy of the COIN strategy in Balochistan. The author argues that the approach significantly changed after conceptualising the doctrine, especially from 2016 onwards, from ‘butcher and bolt’ to the inclusion of critical components like political primacy, affect-based and focused use of force, ‘winning hearts and minds’ and rules of engagement. As a result, there was reduced violence and an increased number of insurgent surrenders. The book concludes that the Pakistani Army has largely controlled the insurgency in Balochistan. However, simultaneously, there is an urgent need to reduce tangible support to the insurgents through porous borders and implement an effective strategy to sever the nexus between the Islamic State of Khorasan (ISKP) and the Baloch insurgent organisations, as well as the sectarian militant organisations in Balochistan province. This is crucial to ending the insurgency and ensuring the security of CPEC. A novel contribution to the study of counterinsurgency and the importance of CPEC to China’s foreign policy and diplomacy, as well as its effects on the conflict dynamics in Balochistan, the book will be of interest to researchers studying War and Conflict Studies, Terrorism Studies, International Relations, Security and Strategic Studies, and South Asian and Chinese Studies.

Pakistan’s economy is at a critical juncture. Misaligned economic policies, including large fiscal deficits, loose monetary policy, and defense of an overvalued exchange rate, fueled consumption and short-term growth in recent years, but steadily eroded macroeconomic buffers, increased external and public debt, and depleted international reserves. Structural weaknesses remained largely unaddressed, including a chronically weak tax administration, a difficult business environment, inefficient and loss making SOEs, and low labor productivity amid a large informal economy. Without urgent policy action, economic and financial stability could be at risk, and growth prospects will be insufficient to meet the needs of a rapidly growing population.

No relationship has been as complex and so difficult to manage as India's relations with Pakistan. Four wars, cross-border terrorism, and Pakistan's persistent hostility and relentless campaign on "Kashmir issue" have been a source of strategic challenge for every Indian leader. Yet, each has pursued peace in the interest of India's progress and security with differing strategies, but with the same result. As a diplomat who served around the world and in Pakistan, the late Satinder Kumar Lambah's unique position helps tell an insider's story of the turbulent history between India and Pakistan. He writes of his personal experiences of India-Pakistan relations having served six Indian Prime Ministers, whom he worked directly with and offered counsel. This includes his role as Prime Minister's Special Envoy for back-channel talks under PM Manmohan Singh and India's quick diplomatic moves in the post-Taliban Afghanistan. With insight, he also traces the roots of Pakistan's evolution since its birth and the challenges its army-driven polity poses for India and reflects on the way forward in dealing with Pakistan to secure peace in the region.

It is almost unprecedented for a head of state to publish a memoir while still in office. But Pervez Musharraf is no ordinary head of state. As President of Pakistan since 1999, his is one of the most dangerous jobs in the world, and he continues to play a crucial role in the global war on terror. A one-time supporter of the Taliban, a general who fought in several wars, President Musharraf took a decisive turn against militant Islam in 2001. Since then he has survived two assassination attempts; rooted out militants in his own government; helped direct countless raids against al-Qaeda both in his cities and in the mountains; and tracked Osama bin Laden with technical and human intelligence. IN THE LINE OF FIRE is astonishingly revealing and honest about dozens of topics of intense interest to the world. Among its many revelations: exactly how Pakistani authorities tracked down and smashed three major al-Qaeda control centres in the mountains; how al-Qaeda's many-layered structure was revealed after the assassination attempts; Bin Laden's current position within the al-Qaeda hierarchy; what it has been like to deal with Bush and Blair; how Pakistan and India have avoided nuclear confrontation; and much more. The terrible earthquake of 2005, killing nearly 40,000 Pakistanis, is just one chapter in a life and career that has been filled with danger and drama. The worldwide launch of President Musharraf's memoir promises to be a sensation.