Asset 1

Global Go To Think Tank Index (GGTTI) 2020 launched                    111,75 Think Tanks across the world ranked in different categories.                SDPI is ranked 90th among “Top Think Tanks Worldwide (non-US)”.           SDPI stands 11th among Top Think Tanks in South & South East Asia & the Pacific (excluding India).            SDPI notches 33rd position in “Best New Idea or Paradigm Developed by A Think Tank” category.                SDPI remains 42nd in “Best Quality Assurance and Integrity Policies and Procedure” category.              SDPI stands 49th in “Think Tank to Watch in 2020”.            SDPI gets 52nd position among “Best Independent Think Tanks”.                           SDPI becomes 63rd in “Best Advocacy Campaign” category.                   SDPI secures 60th position in “Best Institutional Collaboration Involving Two or More Think Tanks” category.                       SDPI obtains 64th position in “Best Use of Media (Print & Electronic)” category.               SDPI gains 66th position in “Top Environment Policy Tink Tanks” category.                SDPI achieves 76th position in “Think Tanks With Best External Relations/Public Engagement Program” category.                    SDPI notches 99th position in “Top Social Policy Think Tanks”.            SDPI wins 140th position among “Top Domestic Economic Policy Think Tanks”.               SDPI is placed among special non-ranked category of Think Tanks – “Best Policy and Institutional Response to COVID-19”.                                            Owing to COVID-19 outbreak, SDPI staff is working from home from 9am to 5pm five days a week. All our staff members are available on phone, email and/or any other digital/electronic modes of communication during our usual official hours. You can also find all our work related to COVID-19 in orange entries in our publications section below.    The Sustainable Development Policy Institute (SDPI) is pleased to announce its Twenty-third Sustainable Development Conference (SDC) from 14 – 17 December 2020 in Islamabad, Pakistan. The overarching theme of this year’s Conference is Sustainable Development in the Times of COVID-19. Read more…       FOOD SECIRITY DASHBOARD: On 4th Nov, SDPI has shared the first prototype of Food Security Dashboard with Dr Moeed Yousaf, the Special Assistant to Prime Minister on  National Security and Economic Outreach in the presence of stakeholders, including Ministry of National Food Security and Research. Provincial and district authorities attended the event in person or through zoom. The dashboard will help the government monitor and regulate the supply chain of essential food commodities.

BR Research

Business Recorder

Published Date: Dec 9, 2019

Price control? Not again!

How is it even possible for anyone to take a step into the past while taking a step into the future?
At the annual conference by Sustainable Development Policy Institute, Asad Umar recently said that digital economy is vital for sustainable development – a view that he has echoed many times before. A few days later, everyone finds out that Tania Aidrus, ex-Google executive, is to lead PM Khan’s Digital Pakistan Initiative. His counterpart in Q-Block in the meanwhile comes up with the genius idea to go back to the outdated executive magistracy to control food price inflation.
The actual quote reported by the media is: “we are in talks with the federating units to revive the old system (of executive magistracy) to check hoarding and price hike." This would be a step back on two accounts.
First: executive magistracy has already been deemed unconstitutional by the Supreme Court and was abandoned under the court’s directive. And second: controlling price hike is another word for price control, which is also a thing of the past.
Hoarding should indeed be checked, but it can be checked by other means such as having an effective local government system and also by reducing information asymmetry, improving consumer awareness, fixing the market incentive structure, production efficiency and so forth. This is where Digital Pakistan Initiative can help amid an overhauled framework for competition, consumer protection, value chain infrastructure, and enforcement of contracts.
The Prime Minister would do well to bear in mind that there was no price control in Riyasat-e-Madina. That and a humble recognition of the fact that Pakistan’s state cannot even deliver on the basics such as provision of law, order, safety, collection of taxes. Yet the state is trying to imagine itself as all-knowing and all-seeing to be able to control prices. Does the state have the knowledge of all the factors that lead to price discovery at different space and time? If the answer is no, then price control for “controlling price hike" will only do more damage to the economy as has been the case in dairy and pharmaceutical sectors for example.

Source: https://www.brecorder.com/2019/12/09/551602/price-control-not-again/