Title: The Power and Resource Conflict: Pakistan's Elite Accord
Introduction:
Pakistan, a country with great potential, has been mired in an ongoing struggle for control of its elite's resources and position. Recent research by British economist Stefan Dercon illuminates the fundamental problems afflicting the nation. This article examines the main points of his evaluation and how they relate to Pakistan's future growth and development.
Elite Bargain for Control:
Dercon draws attention to a serious issue with Pakistan's ruling class: they are driven more by a ruthless struggle for power than by economic growth and progress. Influential groups in industry, politics, the military, civil society, the civil service, academia, and journalism are all included in this elite deal. Their tacit agreement is to keep things as they are and hold onto their position of authority.
Clientelism and Patronage State:
The desire for power in a clientelism and patronage-based state is what motivates Pakistan's economic policies. Outsiders who want to take control frequently use destabilising strategies. Progress is further hampered by the ongoing conflict between the political class and the military over resource control.
Historical Precedence:
The background of history supports Dercon's diagnosis. The military and political elite in Pakistan have a long history of upending the system in order to grab power. The nation's economy has suffered as a result of this power battle, causing setbacks.
Opposition to Growth and Development:
Dercon contends that these affluent groups have no interest in growth or development. As a result, Pakistan has a low rate of economic reform adoption, maintaining the current political-economic balance.
International Comparisons:
Dercon compares his nation to others in Asia and Africa. While Bangladesh and India have advanced significantly, Pakistan's GDP per capita growth has lagged. Through sound administration and successful policies, nations like Ghana, Ethiopia, Indonesia, Sri Lanka, and China were able to achieve significant income growth rates.
Root Cause:
The elite bargain's emphasis on resource control rather than enlarging the economic pie is the primary driver of Pakistan's conflict. The capacity for the country to expand is hampered by this zero-sum game philosophy.
Conclusion:
The elite's obstinate quest for authority and control has stifled Pakistan's progress. Dercon's analysis is a sobering reminder that the current situation is untenable and harmful, even to the elite themselves. It is crucial to move away from the winner-takes-all mentality and toward common ground in order to maintain growth and progress.
Pakistan has the potential and ability to prosper, but it must free itself from the constraints of the elite bargain that places a premium on resource ownership. Only then will the country be able to realize its full potential and guarantee a better future for its citizens.
