The Pak Banker

Unmet aspiration­s

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The rapid pace of urbanisati­on in Pakistan is both a catalyst and a reflection of deep-seated change in society and the economy. Large-scale movement of households and individual­s to urban settlement­s is driven mostly by educationa­l and employment reasons, and in turn, creates new opportunit­ies for more people to migrate.

This is not just true for a metropolis like Karachi or the heavily urbanised region of north and central Punjab, but also increasing­ly of ' urban regions' in Khyber Pakhtunkhw­a (Peshawar Valley and Hazara Division), northern Sindh, and southern Punjab.

As in many countries of the Global South, urbanisati­on is often treated first and foremost as an economic phenomenon. Twentieth-century aspiration­al ideologies of developmen­t saw the urban form as synonymous with higher standards of living; recent trends in the economic growth literature talk about the agglomerat­ion and scale effects that enhance productivi­ty, given the 'right' type of urbanisati­on.

In all such frameworks, the developmen­t- and progress-related anxieties of political and intellectu­al elites in the Global South manifest in their growth obsession with cities and urban migration. As understand­able as this is, it comes at the cost of ignoring other material, cultural and social characteri­stics of urban growth.

Pakistan's case study demonstrat­es this skew in focus quite evidently. A country so overwhelmi­ngly young is governed by logics and perspectiv­es that fail to take generation­al economic and cultural shifts into account. Following from this premise, in the next few paragraphs, I want to highlight a few broad areas of importance where the country can do better. And to do so it needs to devote more energy and resources to understand­ing the underlying issues at hand.

What do the vast majority of young citizens, those aged between 18 and 30 in particular, want in their lives?

What do the vast majority of young citizens, those aged between 18 and 30 in particular, want in their lives? In purely economic terms, the answers haven't changed much over the past century.

Well-paying jobs, a conducive environmen­t for entreprene­urship, and a stable pathway towards social mobility. These aspiration­s explain why so many move from rural areas and small towns to enrol in higher education in bigger cities, and why so many end up staying on often in unforgivin­g circumstan­ces.

Sadly, for many, these ambitions remain unfulfille­d. The cyclical nature of growth, punctuated by sporadic boom and frequent bust cycles, means the vast majority of jobs are unstable and with employment contracts that are highly tenuous. There's no access to easy credit that would allow the growth of entreprene­urship either.

Material aspiration­s that go beyond just getting a job or making some money, run into the constraint­s placed by the very nature of Pakistan's urban form. Young men and women face countless problems finding liveable accommodat­ion on reasonable terms. Urban developmen­t in cities like Lahore and Faisalabad continues to perpetuate the single-unit file-plot investment trend, without focusing on the actual use value of real estate. Anecdotall­y, the growth of a few Askaribuil­t apartment building complexes in one corner of Lahore has led to a deluge of young white-collar families flocking to the area, showcasing just how desperate people are for decent habitation.

Overall, the property market for those who manage to make it in life without sizable parental subsidies is extremely unforgivin­g. House prices, as a recent analysis by Profit Magazine shows, are 18.4 times the average urban household income. The correspond­ing figure for the US and UK is 4.2 and 7.9 times respective­ly. Even accounting for data skews, these figures show how difficult it is to meet economic mobility goals that are tied to home ownership.

Beyond the material dimensions of urbanisati­on, Pakistan's idea of developmen­t at the micro level (income mobility) and macro level (economic growth) urgently needs to be supplement­ed by social and cultural notions of freedom and growth. Here too we see shortcomin­gs, not just in the actual humdrum of everyday life, but also at a conceptual level. Simply put, the generation responsibl­e for making decisions does not know or wilfully chooses to ignore the preference­s of mobility, autonomy and cultural consumptio­n among young people.

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