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Economic Challenges of Pakistan | Economy of Pakistan CSS | CSS Current Affairs

This is a two part article focusing on Economic Challenges faced by Pakistan and way forward for dealing with them. Economy of Pakistan is a major topic in CSS Exams- both Current Affairs and Pakistan Affairs. Since inception, Pakistan has been facing lingering Economic Challenges. Dearth of political stability has fed into economic instability in the country as well. Numerous reasons can be cited as the cause of the economic turmoil the country is embroiled in. For starters, Pakistan's economic model is highly flawed. Our national growth is directly linked with import consumption, this import led- consumption based economic model has resulted in poor domestic industrial growth, weak exports and high imports. With over emphasis on imports, Pakistan has developed an overreliance on foreign creditors to meet its external financing needs. This has resulted in sky rocketing foreign debts and created an exclusionary economic space where only the elites benefit, but the poor suffer. Th

Plato's Ideal State | Plato's political philosophy for CSS Aspirants | CSS Political Science | Western Political thought

Q1. What is Plato's Ideal State? Q2. What is Plato's concept of justice? (CSS 2021) 1. Introduction *Always start your CSS questions with an introduction* Plato was a student of highly revered philosopher Socrates. Plato himself authored three books: "Statesman", "Republic", and "The Laws". In his book "Republic", Plato conceived an Ideal State based on the concept of justice. 2. Context of Plato's political philosophy In CSS Political Science 1 section A questions, it is advisable to give a context of philosopher's thought. Giving a context reflects on the prevalent conditions at that time which led to a political philosophy. Plato was in his 20s when the Peloponnesian war between Athens and Sparta had just ended. Sparta, which had a monarchy, was able to defeat Athens, which was a direct democracy. Hence, Plato considered Athenian political structure to be weak. Further, under Athens restored direct democracy Socrates was execu

REIMAGINING PAKISTAN'S ECONOMY | SOLUTIONS TO PAKISTAN'S ECONOMIC CHALLENGES CSS | CSS CURRENT AFFAIRS

This article discusses solutions to Pakistan's economic challenges and way forward for reviving the country's ailing economic sector. The solutions discussed here are innovative, based on deep understanding of Pakistan's structural problems. Economy of Pakistan is dwindling and has worsened to such an extent that it has become a significant national security threat. Given the economic challenges of Pakistan , can the country come out of this debacle? What proactive and prudent measures can be adopted to ensure a sustainable, all-inclusive economic growth in the country? Pakistan surely has the right resources and a geostrategic location at its disposal for an economic turnaround, all that's missing is a right mindset to steer the country towards economic prosperity. Given below are some of the solutions for Pakistan's economic challenges. 1. Set-up agri-based industries and promote R&D in agriculture According to Pakistan Bureau of Statistics' Labor Forc

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Political Science 1

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