{"id":1275910,"date":"2023-10-18T02:07:17","date_gmt":"2023-10-18T02:07:17","guid":{"rendered":"https:\/\/dissidentvoice.org\/?p=144943"},"modified":"2023-10-18T02:07:17","modified_gmt":"2023-10-18T02:07:17","slug":"the-imfs-neocolonial-grip-on-pakistan-is-the-same-as-its-grip-on-the-third-world","status":"publish","type":"post","link":"https:\/\/radiofree.asia\/2023\/10\/18\/the-imfs-neocolonial-grip-on-pakistan-is-the-same-as-its-grip-on-the-third-world\/","title":{"rendered":"The IMF\u2019s Neocolonial Grip on Pakistan Is the Same as Its Grip on the Third World"},"content":{"rendered":"

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Pakistan has made international headlines repeatedly over the last year for almost all the wrong reasons. While the country has been associated with extremism and terrorism for over two decades, more recently Pakistan has become known for natural disasters and political upheavals. Among the issues that deserve serious scrutiny \u2013 but gets little to no attention \u2013 is the alarmingly unprecedented contraction of the country\u2019s economy, projected to grow a mere 0.5% in 2023 and experience inflation rates upwards of 27%. Given that Pakistan\u2019s population is increasing at a rate of 1.8%, outpacing national economic expansion, the Gross Domestic Product per capita will shrink. Put plainly, the Pakistani people are going to be significantly poorer in the coming years.<\/p>\n

Dossier no. 69, How the International Monetary Fund Is Squeezing Pakistan<\/em><\/a>, unpacks the country\u2019s worrisome economic indicators, debunks the common \u2013 but mistaken \u2013 explanations, illuminates why this mineral-rich, agriculturally fertile southeast Asian country remains import-dependent, and delves into the political and military ramifications of the economic crisis and its devastating implications for the class struggle in Pakistan.<\/p>\n

Furthermore, it explains the role of the International Monetary Fund (IMF) in completely undermining Pakistan\u2019s control over its own economy and in restricting the country\u2019s development aspirations. Pakistan is by no means an extraordinary case; it merely illustrates the IMF\u2019s general template for all economies, whether large or small, with little interest if its actions turn a cyclical recession into a depression. As the dossier notes, the historic task placed before the people of Pakistan and the entire Third World today, therefore, is to organise, mobilise, and struggle for economic independence.<\/p>\n

\u2022 Check out Tricontinental: Institute for Social Research\u2019s dossier no. 69, How the International Monetary Fund Is Squeezing Pakistan<\/a>.<\/em><\/p>\n

This post was originally published on Dissident Voice<\/a>. <\/p>","protected":false},"excerpt":{"rendered":"

Pakistan has made international headlines repeatedly over the last year for almost all the wrong reasons. While the country has been associated with extremism and terrorism for over two decades, more recently Pakistan has become known for natural disasters and political upheavals. Among the issues that deserve serious scrutiny \u2013 but gets little to no [\u2026]<\/p>\n","protected":false},"author":152,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[305,730,511],"tags":[],"_links":{"self":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1275910"}],"collection":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/users\/152"}],"replies":[{"embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/comments?post=1275910"}],"version-history":[{"count":4,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1275910\/revisions"}],"predecessor-version":[{"id":1277501,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/posts\/1275910\/revisions\/1277501"}],"wp:attachment":[{"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/media?parent=1275910"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/categories?post=1275910"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/radiofree.asia\/wp-json\/wp\/v2\/tags?post=1275910"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}