Monday, May 20, 2024

Pakistan’s ‘Nazuk Mor’ is a Harvard Business School Case Study

The case study “Pakistan at 75: When Will the ‘Nazuk Mor’ End?” provides a deep dive into Pakistan’s persistent challenges with political instability, corruption, economic volatility, and governance issues. The term “Nazuk Mor,” often used in political rhetoric, symbolizes Pakistan’s fragile state, where despite 75 years of independence, fundamental problems persist.

The reference to Pakistan’s 75 years since independence highlights the nation’s ongoing struggles despite its lengthy history as a sovereign state. Despite occasional elections and changes in government, the core issues remain largely unchanged. The reliance on IMF bailouts, the prevalence of loss-making state-owned enterprises, and high inflation underscore the deep-seated economic challenges.

Moreover, the formation of a new government with reluctant partners after the February 2024 elections suggests continued political fragmentation and instability. This scenario complicates decision-making processes and hinders effective governance, exacerbating the country’s existing issues.

The case study serves as a valuable teaching tool in Professor Alberto Cavallo’s course at Harvard Business School, offering students a real-world example to analyze and discuss. By examining Pakistan’s complex socio-political and economic landscape, students can explore potential solutions to address the nation’s enduring challenges. The case study prompts critical thinking and fosters discussions on the intersection of business, government, and international affairs in navigating complex environments.

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