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In the past, the repeated claims by Muhammad Ishaq Dar and Ahsan Iqbal, influential ministers of the cabinet of Nawaz Sharif that "Pakistan will be the next Asian Tiger" were never taken seriously by experts. Both proved wrong as economic indicators of their tenure [2013-18] show. Of course, they were either living in fantasy or willfully hoodwinking the public. Their claims were nothing more than day dreaming. It was not because of the reason that Pakistan lacked (or still lacks) potential to achieve this goal but due to absence of any pragmatic roadmap, research-based policy designs, concrete and actionable plans, sound strategy, engagement of experts in various fields having a proven track record of successful implementation of projects and meaningful public debate.

An eminent thinker and economist, Dr Nadeem Ul Haque, has written a book showing how Pakistan can manage to achieve the status of Asian Tiger by 2050. He has intensely offered an optimistic, realistic-though futuristic perspective-for a prosperous Pakistan. Unfortunately, his work has yet not been given the attention it deserves by academicians, practitioners and administrators. Our politicians, administrators, intelligentsia and entrepreneurs keep on complaining about multiple and complex challenges faced by Pakistan but seldom strive to implement even the available and workable solutions.

This is not a conventional book review of the book by Dr Nadeem Ul Haque, Looking Back: How Pakistan Became an Asian Tiger by 2050, but only an attempt to highlight the crux of his valuable contribution as viewed by many noted experts and writers. The book is written in fictional style, yet it is not a fantasy-it offers goals that are achievable by adopting right actions. The significant work is a must read for all those who matter in the land.

The work has been appreciated by many noted economists. Steve Keen, Professor of Economics at Kingston University, Author of Debunking Economics, has observed that "Nadeem Ul Haque's innovative future history provides a marvelous framework for an erudite critique of current failed aid-based development policies for Pakistan, and for the promotion of an alternative based on acknowledging that complex self-organizing networks are the building blocks of genuine development."

Dennis De Tray, former World Bank Director for Europe and Central Asia, says that "Nadeem Ul Haque is a rarity among development analysts-someone with an intellectual foot firmly in two worlds...Haque's book is a valiant attempt to put into non-technical terms the frustrations that policy analysts from Developing countries face-caught as they are between predatory, unlistening governments and a donor community that believes "more of the same but this time we are serious" really does represent a valid response to past failures. Donors have preached the importance of county ownership for decades, but have seldom practiced what they preached. Whether Nadeem's RFP is the answer to this "rock and hard place" trap is anyone's guess, but Nadeem's basic message: that we have to start doing development assistance differently is one that at least I find compelling."

Dr Ishrat Husain is of the view that "Nadeem Haque deserves our gratitude for his unique attempt, through this semi-fictional work, for shattering our priors and conventional thinking about economics and Pakistan's economy. He is right that the mono disciplinary and exclusive , dominant approach of Economics needs to give place to a broader interdisciplinary approach in which economics, politics and sociology all are brought to bear in understanding the complexity of the real world phenomena."

Akbar Ahmed of Ibn Khaldun Chair of Islamic Studies, American University, Washington, DC, while appreciating the approach of the writer noted: "Nadeem Ul Haque, one of Pakistan's foremost economists and intellectuals, uses his keen literary sense to give Pakistanis an exciting glimpse into our great nation's potential for the future, outlining how through a deep, widespread reform of our development policies, Pakistan has the potential to emerge as a great power over the next three decades. However, if we are to actualize our potential as a nation, we must heed Dr Haque's words of wisdom and begin focusing on the plight of all Pakistanis rather than continue to serve narrow special interests above the interests of all. A nation must be able to serve and dignify all of its citizens if it is to emerge as a great power, and with Dr Haque's inclusive, insightful message, Pakistan can in fact achieve this lofty ideal."

The advice of Akbar Ahmad obviously has fallen on deaf ears. Our political parties, ruling or in Opposition, are least concerned to actualise our potential. Our consistent view has been that the sufferings of Pakistanis, especially the poor and less privileged classes, will continue unabated unless society is restructured on the principles of equity, fairness and justice-the fundamental elements of constitutional democracy enunciated in Article 3 of the Constitution.

Dr Akmal Hussain, distinguished Professor, Dean School of Social Sciences, Information Technology University, Lahore, very righty opined that "Nadeem Ul Haque has made a significant contribution to the literature on development.....He has applied the emerging theory of complexity to suggest that governance systems, institutional structures and culture interact. Within this tableau of complexity the identification of the appropriate policy, the implementation and assessment of its impact are fraught with uncertainty. Finding the space for policy intervention requires discovering emerging patterns of socio economic change using the new big data techniques. Given the complexity of the process of change Nadeem suggests that one can at best nudge the process at the margin rather than intervene with conventional policy instruments within an ambitious governmental agenda."

The problem of Pakistan is not scarcity of resources, but unwillingness on the part of policymakers to tap the same, properly utilise and manage their equitable distribution, absence of effective administrative and justice systems to check socio-economic injustice. We cannot become Asian Tiger without undertaking the fundamental reforms (Fundamental reforms, Business Recorder, March 13, 2015). Rapid economic growth is not possible without ensuring socio-economic justice for all, job opportunities for millions of young people, whose frustration is on the rise with every passing day as elites show apathy towards them and enjoy luxuries at the State's expense.

The work of Dr Nadeem is very important from the perspective of how to end the rule of mediocrity, imposed by today's administrative apparatus, who now act as cronies of their inept political masters. Fulfillment of dream for becoming Asian Tiger cannot be achieved unless this unholy alliance is dismantled. How this can be done is very well presented by Dr Nadeem in a pragmatic and convincing way.

(The writers, lawyers and partners in Huzaima, Ikram & Ijaz, are Adjunct Faculty at Lahore University of Management Sciences)

Copyright Business Recorder, 2019


the author

Huzaima Bukhari, Advocate High Court and Visiting Professor at Lahore University of Management Sciences (LUMS), is author of numerous books and articles on Pakistani tax laws. She is partner of Huzaima & Ikram, a leading law firm of Pakistan. From 1984 to 2003 she was associated with Civil Services of Pakistan. Since 1987, she has been teaching tax laws at various institutions including government-run training institutes in Lahore. She specialises in the areas of international tax laws, corporate and commercial laws. She is review editor for many publications of Amsterdam-based International Bureau of Fiscal Documentation (IBFD) and contributes regularly to their journals.




Dr. Ikramul Haq, Advocate Supreme Court and Chief Partner of Huzaima & Ikram (Taxand Pakistan), has studied journalism, English literature and law for his Master's and Doctorate. He is Visiting Professor at Lahore University of Management Sciences (LUMS) and author of many books that include Pakistan: From Hash to Heroin and its sequel Pakistan: Drug-trap to Debt-trap, Law & Practice of Income Tax, Law & Practice of Sales Tax, Practical Handbook of Income Tax, Tax Laws of Pakistan, Principles of Income Tax with Glossary, Master Tax Guide, Income Tax Digest (with judicial analysis) and Commentary on Avoidance of Double Taxation Agreement by Pakistan. He writes columns regularly for many Pakistani newspapers on tax issues. He has to his credit over 500 articles on tax issues printed in various journals, magazines and newspapers.

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