313ghazi
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There are multiple solutions, here are a few of my own.
1. Government should put extremely high duty on any imports which are non necessary. This should be done in a phased approached linked up to point 2.
2. Govt should setup an office dedicated to helping develop local companies. It should focus on developing businesses;
- which grow domestic versions of stuff we import. For example, cheese and tea. We should be replacing imports with local versions.
- Which we have the biggest return for the least investment
- Which we have a population currently skilled for
3. Govt should offer economic incentives for households and SME's to use solar panels for energy. We need a national push towards moving away from fossil fuels wherever possible. If we can make 50% of our electricity which we currently make through burning oil, via the sun and wind, it's 50% less oil imported.
4. Govt should invest heavily in technical colleges working alongside industry to train youth to learn skills the market needs.
5. Govt should try to ensure essential items are available on the market at minimal cost. In my mind these are food, pharmaceuticals, energy, transport, housing. The way to do this is to have state owned, privately managed enterprises generating these things from end to end, ie raw product to manufacturing to market. China's state and German state have excellent examples of these enterprises. In our case we should run them to make low profits but make cheap goods available to the consumer domestically.
6. Any market the government intervenes in with step 5 with have local manufacturers up in arms. Govt should help each and every local business affected alter their business so that the product is export quality and help them export more of their produce.
The main crux of things is;
1. Get to work and start making money and paying your taxes.
2. Stop spending money on things you don't need to spend money on.
3. State to intervene in the market directly through private-public joint ventures to keep the cost of essentials low.
4. State to actively support private companies to help improve standards and get produce exported.
===
I personally think there is a market for people to do these things for themselves. There is a joke about engineers in Pakistan having no jobs, how about 1000 people, or 10,000 people enter a co-op, invest their resources and setup a plant to locally manufacture solar panels and everything else required to provide solar energy to a household? It requires trust - maybe a go-fund me page? or a govt mechanism to help protect that investment and make sure it's used as intended?
1. Government should put extremely high duty on any imports which are non necessary. This should be done in a phased approached linked up to point 2.
2. Govt should setup an office dedicated to helping develop local companies. It should focus on developing businesses;
- which grow domestic versions of stuff we import. For example, cheese and tea. We should be replacing imports with local versions.
- Which we have the biggest return for the least investment
- Which we have a population currently skilled for
3. Govt should offer economic incentives for households and SME's to use solar panels for energy. We need a national push towards moving away from fossil fuels wherever possible. If we can make 50% of our electricity which we currently make through burning oil, via the sun and wind, it's 50% less oil imported.
4. Govt should invest heavily in technical colleges working alongside industry to train youth to learn skills the market needs.
5. Govt should try to ensure essential items are available on the market at minimal cost. In my mind these are food, pharmaceuticals, energy, transport, housing. The way to do this is to have state owned, privately managed enterprises generating these things from end to end, ie raw product to manufacturing to market. China's state and German state have excellent examples of these enterprises. In our case we should run them to make low profits but make cheap goods available to the consumer domestically.
6. Any market the government intervenes in with step 5 with have local manufacturers up in arms. Govt should help each and every local business affected alter their business so that the product is export quality and help them export more of their produce.
The main crux of things is;
1. Get to work and start making money and paying your taxes.
2. Stop spending money on things you don't need to spend money on.
3. State to intervene in the market directly through private-public joint ventures to keep the cost of essentials low.
4. State to actively support private companies to help improve standards and get produce exported.
===
I personally think there is a market for people to do these things for themselves. There is a joke about engineers in Pakistan having no jobs, how about 1000 people, or 10,000 people enter a co-op, invest their resources and setup a plant to locally manufacture solar panels and everything else required to provide solar energy to a household? It requires trust - maybe a go-fund me page? or a govt mechanism to help protect that investment and make sure it's used as intended?
