Economic Affairs & National Development

Pakistan’s Unrealised Remittance Potential

The tide of outward migration from Pakistan surged considerably over the past two years (2022 and 2023), with several millions opting to emigrate with the aim of securing better prospects overseas. For instance, the number of skilled, highly skilled, and highly qualified worker migrants from Pakistan alone increased to 0.77 million, compared to 0.26 million in 2020 and 2021 and 0.48 million during 2018 and 2019, the two years before the pandemic.

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Emerging technologies

Neuralink Implant: Scrolling via Thoughts

The human thinking process is nothing short of a miracle. Our brain houses billions of neurons. Physical and mental activities are conditional upon the generation of electrical impulses which are passed on from one neuron to another. Technological advancements have led to the development of devices with the ability to detect impulses generated in the brain and develop an interface with smart devices.

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The US Annual Threat Assessment Report: An Analysis

The world is in flux with rapid geopolitical changes, accelerating competition, and ongoing conflicts across many regions. Amidst this backdrop, the recently released 2024 Annual Threat Assessment (ATA) of the U.S. Intelligence Community gives a bird’s eye view of US perceptions and misperceptions about the various evolving threats to its national security.

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Emerging technologies

Digital Transformation of the Aerospace Industry 

The aerospace industry has embarked on a rapid journey towards digitalisation, embracing the principles of Industry 4.0 by integrating emerging technologies into its industrial processes. Among the myriad of technologies, those showing the most promise for extensive industrial application include 3D manufacturing, robotics, augmented reality, Artificial Intelligence (AI), and digital twin simulation. The aerospace industry, being a high-tech sector, is best suited to reap multiple benefits from such emerging technologies.

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Xi’s Foreign Policy in 2023

The year 2023 was very happening in terms of Chinese foreign policy as the country’s leadership followed a path of ‘great rejuvenation of the Chinese nation’ and introduced several concept papers on foreign policy initiatives. Late last year, Chinese President Xi Jinping presided over the ‘Central Conference on Work Relating to Foreign Affairs’ on 27-28 December 2023.

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Economic Affairs & National Development

3 Skills for the Future

The youth of today exhibit a constant worry about the future of the labor market and the digital workforce that they will be entering, and with good reason, for we are witnessing stark changes brought about by AI, robotics, and other technologies advancing at breakneck speed. The economy of the future is one that leaves bewildering permutations open, and so as an economist, I am asked by the youth about what skills they should invest in to “future-proof” themselves and be ready for the decades ahead.

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Economic Affairs & National Development

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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Indo-US MQ-9B Drone Deal: A Threat to Pakistan’s National Security?

The US government last month approved the deal of selling 31 MQ-9B drones to India for an amount of USD 3.99 billion. The agreement besides drones, also included 170 Hellfire AGMs, 310 GBU-39/B glide bombs, anti-submarine equipment, training kits and spare parts. As part of the transaction, the Indian military will get 16 Sky Guardian drones to be equally divided between the Indian Army and Air Force, whereas the Indian Navy will receive 15 Sea Guardian drones.

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The Plight of Indian Farmers

The recent national horizon of Indian politics has significantly been characterised by the farmers’ protests since 13thFebruary. The farmers, hailing mainly from the northern Indian states of Punjab and Haryana, initiated the ‘Delhi Chalo’ movement with their list of demands, in which assured crop prices are at the top.

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Aiming for J-31 Stealth Fighter

Ensuring military readiness to confront future challenges and uncertainties has always been imperative for the armed forces. The approach often requires a consistent and steadfast commitment to innovation and modernisation. Central to this concept is the acquisition and integration of new and cross-cutting technologies. The possibility of Pakistan Air Force (PAF) acquiring the Shenyang J-31 stealth fighter has created a buzz recently.

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All views and opinions expressed or implied are those of the authors/speakers/internal and external scholars and should not be construed as carrying the official sanction of CASS.