Pakistan and the Economics of Diplomacy

<p>Khurram Husain, one of Pakistan’s most widely read business and economy journalists and a columnist at Dawn, joins host Tushar Shetty to examine whether Pakistan’s recent diplomatic gains are translating into meaningful economic progress. </p><p>They discuss the tangible but limited economic benefits of Pakistan&#39;s geopolitical revival, the impact of the Iran conflict and Hormuz blockade on Pakistan&#39;s fuel supply chain and inflation, the emergence of a new regional grouping around Turkiye, Saudi Arabia, Iran, and Pakistan and the trade complementarities unlocked by Iran&#39;s reintegration, the mixed legacy of CPEC and China&#39;s retreat from large-scale economic engagement with Pakistan, the structural roots of Pakistan&#39;s IMF dependency in successive cycles of military rule, the prospects for India-Pakistan stabilization and a peace dividend, the drivers behind Pakistan’s rapid solar adoption, and the limits of geoeconomics as a substitute for domestic fiscal and structural reform.</p>