Economics and the PPP

April 14, 2010

KARACHI: This is with reference to Dr Pervez Tahir’s article ‘The PPP’s economic poverty’, published in your newspaper on April 13. A good politician knows when his days are numbered. Perhaps the reason that no one from within the PPP comes forward to take up stewardship of the economy is a sign that no one wants to take charge of a sinking ship. Installing technocrats serves three purposes: 1) it is popular with international finance and lending institutions; 2) they can be easily discarded when the need arises and 3) governments can, if they need to, quite easily piggy-back on the technocrat’s achievements and lay claim to them.

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