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Opportunities: The Role of State (Panel Discussion)

Author

Listed:
  • Muhammad Mohsin Khan

    (Director IMSciences, Peshawar.)

  • Gonzalo Verala

    (Senior Economist, World Bank.)

  • Omar Gilani

    (Partner at The Law and Policy Chambers, Advocate High Court.)

  • Ahmed Waqar Qasim

    (Senior Research Economist, PIDE.)

Abstract

The whole debate of the state versus markets is completely irrelevant and outdated today. Every country needs to have a strong and effective state alongside a vibrant and dynamic private sector working together. Also, both the government and the private sector must listen and take on board the civil society to undertake initiatives successfully. Youth & Jobs: Almost two-thirds of our population is in the age group that contributes to the youth bulge. To prevent the youth bulge, from turning into a youth bomb, jobs must be created for the youth or at least let them create opportunities themselves. Evidence suggests that it costs around Rs. 950,000/- to create a job in government relative to Rs.150,000/- only in the private sector. Given this, job creation should be left to the private sector, with the government focusing only on ensuring an enabling environment.

Suggested Citation

  • Muhammad Mohsin Khan & Gonzalo Verala & Omar Gilani & Ahmed Waqar Qasim, 2022. "Opportunities: The Role of State (Panel Discussion)," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 61(1), pages 128-130.
    • Handle: RePEc:pid:journl:v:61:y:2022:i:1:p:128-130
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