ISAS Briefs

There are indications that Pakistan is again headed towards a deep economic crisis. While the country's economic history was punctuated by many upheavals, the anticipated difficulties will come at a time when remedial action will be hard to adopt. There are good reasons why the world should watch the developing situation in Pakistan since its impact will be felt way beyond the country's borders. Pakistan is central to the economic and political evolution of the Muslim world. Its experience could discourage other Muslim countries to adopt democracy in order to bring inclusive economic development.