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Faryal Ahmed
8th Feb, 2013
 Population of 180 million
Two-thirds under the age of 30
42% below poverty line
30% of GDP from Small and
Medium enterprises
2
2.2
2.4
2.6
2.8
3
3.2
3.4
3.6
2006-07 2007-08 2008-09 2009-10 2010-11
Million
Unemployed Labour force
(million no.)
2006-07 2007-08 2008-09 2009-10 2010-11
Labour force 50.33 51.78 53.72 56.33 57.24
Employed 47.65 49.09 50.79 53.21 53.84
Unemployed 2.68 2.69 2.93 3.12 3.4
Source: Economic Survey of Pakistan
Self-sufficient
Proactive
Creative
Initiators
Confident
Ownership
110/189 in the ease of doing
business
73/189 on getting credit
91/189 on trading across
border
105/189 in starting a business
Source: Doing Business 2014
 Lack of supporting legal
framework
 Lack of sustainability due to
absence of mergers
and acquisitions
 Absence of R&D culture
 Inhibiting infrastructure (energy in
particular)
 Government regulations on trade
Cultural barriers
 Lack of access of aspiring
entrepreneurs to mentors/role
models
 Lack of scaling up
opportunities
 Give recommendations to
policymakers based on
science/research
 Create a forum to bring
together
policymakers, entrepreneurs, b
usiness
mentors, academia, venture
capitalists, private equity
investors and expats to propose
solutions
 Centre for Entrepreneurial
Development of the Institute of
Business Administration (IBA)
 Centre for Innovation &
Entrepreneurship (CIE) at NUST
 The Indus Entrepreneurs (TIE)
 Meetings with successful
entrepreneurs
 Exposure to similar forums in the
US
 What works/what doesn’t
 Access to a large network of
professionals
 More knowledge about Pakistan
from a group of
religiously, geographically, and
ethnically diverse, enthusiastic
young Pakistani leaders
 Possible collaboration with other
fellows
Faryal Ahmed: Banking on Pakistan's Youth
Faryal Ahmed: Banking on Pakistan's Youth

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Faryal Ahmed: Banking on Pakistan's Youth

  • 2.  Population of 180 million Two-thirds under the age of 30 42% below poverty line 30% of GDP from Small and Medium enterprises
  • 3. 2 2.2 2.4 2.6 2.8 3 3.2 3.4 3.6 2006-07 2007-08 2008-09 2009-10 2010-11 Million Unemployed Labour force (million no.) 2006-07 2007-08 2008-09 2009-10 2010-11 Labour force 50.33 51.78 53.72 56.33 57.24 Employed 47.65 49.09 50.79 53.21 53.84 Unemployed 2.68 2.69 2.93 3.12 3.4 Source: Economic Survey of Pakistan
  • 5. 110/189 in the ease of doing business 73/189 on getting credit 91/189 on trading across border 105/189 in starting a business Source: Doing Business 2014
  • 6.  Lack of supporting legal framework  Lack of sustainability due to absence of mergers and acquisitions  Absence of R&D culture  Inhibiting infrastructure (energy in particular)  Government regulations on trade Cultural barriers  Lack of access of aspiring entrepreneurs to mentors/role models  Lack of scaling up opportunities
  • 7.  Give recommendations to policymakers based on science/research
  • 8.  Create a forum to bring together policymakers, entrepreneurs, b usiness mentors, academia, venture capitalists, private equity investors and expats to propose solutions  Centre for Entrepreneurial Development of the Institute of Business Administration (IBA)  Centre for Innovation & Entrepreneurship (CIE) at NUST  The Indus Entrepreneurs (TIE)
  • 9.  Meetings with successful entrepreneurs  Exposure to similar forums in the US  What works/what doesn’t  Access to a large network of professionals  More knowledge about Pakistan from a group of religiously, geographically, and ethnically diverse, enthusiastic young Pakistani leaders  Possible collaboration with other fellows

Notas del editor

  1. Source: Doing Business 2014 as of June 1, 2013114 economies had 238 reforms. Pakistan had none in 2012/13
  2. Difficulty coping with high fixed costs of licensing requirements, lack of clarity with regards to taxation, development of alternatives to poorly performing infrastructureSocial sanctions in the face of failure, lack of peer experience, lack of entrepreneurial role models (lack of access)
  3. Women 2.0500startupsPrime Minister Loan ProgramsPakistan Agricultural Council
  4. Women 2.0500startupsPrime Minister Loan ProgramsPakistan Agricultural Council