Prominent Indian Economist Warns Pakistan’s Economic Crash Is Inevitable | 419 | TBT

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Sanjay Kathuria, a former lead economist at the World Bank, is a prominent expert on economic integration and development in South Asia. He currently holds several prestigious positions, including fellow at the Wilson Center, senior visiting fellow at the Centre for Policy Research in India, and non-resident senior fellow at the Institute of South Asian Studies in Singapore. Additionally, he is an adjunct professor at Georgetown University and visiting faculty at Ashoka University. Over his 27-year tenure at the World Bank (1992–2019), Kathuria worked across Eastern Europe, Latin America, the Caribbean, and South Asia, with field postings in New Delhi and Dhaka. Before joining the World Bank, he spent a decade as a fellow at the Indian Council for Research on International Economic Relations. Kathuria earned his master’s degree in economics from the Delhi School of Economics and holds both MPhil and PhD degrees in economics from Oxford University.

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00:00 - 02:26 – Introduction
02:26 - 04:56 – Defining Rollover, Reprofilling & Restructuring
04:56 - 08:10 – Why Pakistan Needs Debt Restructuring
08:10 - 14:56 – Is Pakistan’s Default Inevitable?
14:56 - 20:08 – Lessons from Sri Lanka’s Economic Default
20:08 - 25:03 – How Pakistan Can Approach Economic Restructuring
25:03 - 30:25 – Is Debt Restructuring Feasible for Pakistan?
30:25 - 34:13 – Restructuring Debt Without Damaging the Economy
34:13 - 36:51 – Has the IMF Strangled Pakistan’s Economy?
36:51 - 45:14 – A Roadmap for Pakistan’s Economic Restructuring
45:14 - 54:24 – How India Avoided Returning to the IMF
54:24 - 1:08:08 – The Elite Capture: Who Controls Pakistan’s Economy?
1:08:08 - End – Can Pakistan Finally Find Economic Relief?