Knowledge: Its Supply and Demand
As with any commodity, or commoditised corpus, knowledge too can be squeezed into the neoliberal matrix of microeconomic analysis, where knowledge is framed as a function of supply and demand. If one proceeds from this constraining prism, then one might surmise that the developing world as a whole, and a country such as Pakistan more specifically, suffers from a supply of knowledge. One may deduce this from the low literacy and numeracy rates, from low rankings of universities on international tables, from the percentage of GDP accorded to public and private education or R&D.
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