Asim Ijaz Khwaja, one of the world's leading Economist comes on the podcast to discuss the state of the Pakistani Economy and talk about Micro Economic Solutions. On this deep dive podcast we discuss Economics, Tax Collection, Education, Economic Research, Bureaucracy and the Pakistani state.  Is the current Economic crisis unprecedented?  How to empower the Pakistani people?  Can removing frictions improve the Pakistani Economy?  FInd out this and more on this week's episode of The Pakistan Experience.    Asim Ijaz Khwaja is a Pakistani-American economist who serves as Sumitomo-FASID Professor of International Finance and Development at Harvard Kennedy School, and director of Center for International Development at Harvard University since July 1, 2019.  The Pakistan Experience is an independently produced podcast looking to tell stories about Pakistan through conversations.  Please consider supporting us on Patreon: https://www.patreon.com/thepakistanexperience To support the channel: Jazzcash/Easypaisa - 0325 -2982912 Patreon.com/thepakistanexperience    And Please stay in touch: https://twitter.com/ThePakistanExp1 https://www.facebook.com/thepakistanexperience https://instagram.com/thepakistanexpeperience The podcast is hosted by comedian and writer, Shehzad Ghias Shaikh. Shehzad is a Fulbright scholar with a Masters in Theatre from Brooklyn College. He is also one of the foremost Stand-up comedians in Pakistan and frequently writes for numerous publications.   Instagram.com/shehzadghiasshaikh Facebook.com/Shehzadghias/ Twitter.com/shehzad89  Chapters: 0:00 Introduction 3:30 How bad is the Pakistani Economy? 12:00 Understanding frictions in Education 24:00 Empowering the Pakistani people 37:30 The Political Economy 53:30 Lack of Information  1:01:30 Tax Collection and the role of the State 1:20:00 The human element in the Pakistani Bureaucracy 1:28:30 Performance based incentives 1:33:00 State vs Private Enterprises and the role of the NGOs 1:44:30 Audience Questions