Dynamic Industrial Planning: Pakistan in the 4th Industrial Revolution - Presentation by Dr. Usman W. Chohan, Director, Economics & National Affairs, Centre for Aerospace & Security Studies (CASS). Delivered at Institute of Strategic Studies (ISSI).
2. CONTENTS
How to gauge the present?
The future of industry
Can we learn from the past
Past
Inspiration from the Past
Present
Reviewing the Challenges &
Uncertainties
Future
Preparing for 4th Industrial
Revolution
3. THESIS
4th industrial revolution:
not plan for 20th century but a 22nd century industrial base
The nature of manufacturing different
Knowledge driven
Work isn’t replaced:
it’s a think tank everywhere
Industry = R&D, Science
We can plan in uncertain times
be inspired by our forefathers
Private investment has to invest step in with public sector facilitation and civil society awareness
4. MANUFACTURING INDUSTRY: GDP + R&D
Manufacturing represents 16% of
global GDP but manufacturing
industries account for 64% of
global R&D spend.
Global GDP
Manufacturing Other Sectors
Global R&D
Manufacturing Other Sectors
6. MILLS & FACTORIES
Labor will not be the largest
cost-saving factor of
production
Transportation will.
So the 3rd world sweatshop
approach will not work
9. CAN WE PLAN UNDER
UNCERTAIN
CONDITIONS?
Imagine planning for “the Pakistan areas” in 1943
Bengal Famine World War 2 Hindu-Muslim Riots
10. “If Pakistan is to play its proper role in the world to which its size, manpower
and resources entitle it, it must develop industrial potential side by side with
its agriculture and give its economy an industrial bias” – Quaid-e-Azam
CAN WE PLAN UNDER
UNCERTAIN
CONDITIONS?
Food Self-Sufficiency
Agricultural
Development
Education & Human Resource
Mass Literacy
Advanced
Training
Industrial Base
Manufacturin
g
Import
Substitution
Standard of
Living
Raising
Standards
Eliminating
Gross
Speech by M. A. Jinnah on Laying, the Foundation-stone of the Valika Textile Mills, Karachi, 26 September 1947, Jinnah Papers, Vol. V, Islamabad, 2000, 532.
Speech by M. A. Jinnah on Laying, the Foundation-stone of the Valika Textile Mills, Karachi, 26 September 1947, Jinnah Papers, Vol. V, Islamabad, 2000, 532.
Speech by M. A. Jinnah on Laying, the Foundation-stone of the Valika Textile Mills, Karachi, 26 September 1947, Jinnah Papers, Vol. V, Islamabad, 2000, 532.