Pakistan’s economic crisis | Obstacles in industrialisation | Business growth stifled

In this latest episode of New Wave Global, host Nauraiz Rana speaks with Talha Wani, Competition Economist, about the anti-competitive nature of Pakistan’s economy and its significant impact on the industrialization process. The discussants delve into the country's transition from feudal monopolies to industrial monopolies, emphasizing the critical need for a well-structured industrialization approach. The conversation also covers several key topics, including how the state's political capital influences the formulation of antitrust laws and and how effective and empowered is the Competition Commission of Pakistan in enforcing these laws. Finally, Wani shares insights on the necessary reforms to antitrust laws that could foster a more competitive and robust economic environment in Pakistan. Tune in to understand how these dynamics shape Pakistan's economic future!