Our universities produce world class technically qualified people - but the only place they find jobs are abroad. Their knowledge and expertise is not utilised here. Almost everything can be manufactured here, but jobs such people simply do not exist. Those who cannot go abroad end up doing things completely unrelated to their qualifications - it is ridiculous that someone who is qualified to do research for making a life saving medicine, is instead a sales representative of a pharmaceutical company.
Investors do not set up automobile factories and hire the countless engineers which are available in the country. There are no local car manufacturers. The stress is on selling imported items - the importers apparently have more influence to scuttle all attempts for local car and motorcycle production. There lots of electronic engineers who can help in the local manufacturing of almost all electronic items like TV, radios and even mobile phones.
The Lahore to Islamabad motorway was made by a South Korean company as if Pakistani civil engineers could not do the job.
Probably one of the reasons for this is that the dictatorship does not get the huge foreign currency kickbacks it can get from a foreign company for being given the contract for doing a task. Most manufactured items are imported - because there are tremendous taxes imposed on them. Locally manufactured items cannot have an import duty imposed on them. The immediate returns in financial terms for all officials concerned are great - foreign companies are given contracts and manufactured goods imported.
All the dictators benefit by making economic policies which only directly benefit them. The biggest kickbacks are received on the weapon deals - no one knows how much really is spent on buying new weapons and how lines the pockets of military officers. The shady operations make some people extremely rich.
No one benefits except for a few people - the country continues to suffer.
Investors do not set up automobile factories and hire the countless engineers which are available in the country. There are no local car manufacturers. The stress is on selling imported items - the importers apparently have more influence to scuttle all attempts for local car and motorcycle production. There lots of electronic engineers who can help in the local manufacturing of almost all electronic items like TV, radios and even mobile phones.
The Lahore to Islamabad motorway was made by a South Korean company as if Pakistani civil engineers could not do the job.
Probably one of the reasons for this is that the dictatorship does not get the huge foreign currency kickbacks it can get from a foreign company for being given the contract for doing a task. Most manufactured items are imported - because there are tremendous taxes imposed on them. Locally manufactured items cannot have an import duty imposed on them. The immediate returns in financial terms for all officials concerned are great - foreign companies are given contracts and manufactured goods imported.
All the dictators benefit by making economic policies which only directly benefit them. The biggest kickbacks are received on the weapon deals - no one knows how much really is spent on buying new weapons and how lines the pockets of military officers. The shady operations make some people extremely rich.
No one benefits except for a few people - the country continues to suffer.
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