challenges of free market economy | hammad siddiqui

22
Promoting Free Market Philosophy in Pakistan The Role of the Alternate Solutions Institute Hammad Siddiqui http://hammadsiddiquiblog.com http:// fb.com/hammadIOM http://twitter.com/hammads

Upload: hammad-siddiqui

Post on 20-Jan-2015

1.144 views

Category:

Business


0 download

DESCRIPTION

Countries in South Asia face complex challenges in implementing the concept of Free Market Economy.

TRANSCRIPT

Page 1: Challenges of Free Market Economy | Hammad Siddiqui

Promoting Free Market Philosophy in Pakistan The Role of the Alternate Solutions Institute

Hammad Siddiquihttp://hammadsiddiquiblog.com

http://fb.com/hammadIOMhttp://twitter.com/hammads

Page 2: Challenges of Free Market Economy | Hammad Siddiqui
Page 3: Challenges of Free Market Economy | Hammad Siddiqui

Confusion!

A market economy based on supply and demand with little or no government

control

Page 4: Challenges of Free Market Economy | Hammad Siddiqui

As a nation, we are stuck in wrong debate!

Page 5: Challenges of Free Market Economy | Hammad Siddiqui

It’s simply about

Right & Wrong

Truth & Lie

Transparency & Concealing

Being Ethical or otherwise

Page 6: Challenges of Free Market Economy | Hammad Siddiqui

Control Private Sector Syndrome

Page 7: Challenges of Free Market Economy | Hammad Siddiqui

Over Regulations Lead to?

Corruption

Resources – Corruption= negative growth

Page 8: Challenges of Free Market Economy | Hammad Siddiqui

Business is not Government’s Business!

But our government is competing with Private Sector:• Transport• Supplies• Healthcare• Education• SportsOnly one area where they should be competing is

Providing Security Services

Page 9: Challenges of Free Market Economy | Hammad Siddiqui

Businesses Face Unfair Competition

Page 10: Challenges of Free Market Economy | Hammad Siddiqui

Regulation without Proper Homework!

Page 11: Challenges of Free Market Economy | Hammad Siddiqui

Pakistan Has A Free Economy

Media Regulations Company Regulations Stock Market Regulations Drug Price Regulations Selling Regulations Education Regulations Labor Regulations Power Price Regulations

Page 12: Challenges of Free Market Economy | Hammad Siddiqui

Action refers to examples

Over environment teaches us:

Page 13: Challenges of Free Market Economy | Hammad Siddiqui

Result – Indecites

Page 14: Challenges of Free Market Economy | Hammad Siddiqui

Key Reasons

Page 15: Challenges of Free Market Economy | Hammad Siddiqui

Visionemia

Page 16: Challenges of Free Market Economy | Hammad Siddiqui

Blamearia

Page 17: Challenges of Free Market Economy | Hammad Siddiqui

Possible Remedies

Keep generating debate around the topic.

Engaging reform oriented parliamentarians.

Helping private sector understand the importance of free economy.

Engaging educated youth in such debates.

Promoting Social Entrepreneurial culture

Page 18: Challenges of Free Market Economy | Hammad Siddiqui

Social Enterprises

Coffee Shop Gurus

The OneRupee Project

Page 19: Challenges of Free Market Economy | Hammad Siddiqui

But how?

MEDIA which media?

That is engagingThat is viralThat is real-time

What is the medium for engaging people from 18-35 and beyond?

Page 20: Challenges of Free Market Economy | Hammad Siddiqui

Even Traditional Media Uses Social Media!

Geo 375545

Sama 68875

Aaj 54424

Page 21: Challenges of Free Market Economy | Hammad Siddiqui

IF YOU ARE NOT ON SOCIAL MEDIA

You Do not Exist!

Page 22: Challenges of Free Market Economy | Hammad Siddiqui

You can join me on twitter

@hammadsOr facebook hammadIOM

Or my blog http://hammadsiddiquiblog.com