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GlobeNewswire (Europe)
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Beltway Grid Policy Center: Beltway Grid unveils its latest research on the economic impact of protests in Pakistan

PTI's protests in Pakistan caused USD 3 billion in losses to the already ailing economy of the country

WASHINGTON, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The Beltway Grid Policy Center announced the release of its latest research paper, "Democracy Under Siege: Economic Fallout and Diplomatic Implications of Protests in Pakistan," authored by Dr. Alexandra Caldwell, an expert in global governance and political systems.

This pivotal study delves into the November 2024 protests in Pakistan, orchestrated by the Pakistan Tehreek-e-Insaf (PTI) under the leadership of former Prime Minister Imran Khan. Framed as a defense of democratic principles, the demonstrations have resulted in significant economic disruptions, governance challenges, and heightened political polarization. Dr. Caldwell's research dives into a comprehensive analysis of the protests' broader implications for Pakistan's stability and its position on the global stage.

Key Findings Include:
Economic Fallout: The protests caused daily economic losses estimated at Rs. 190 billion, translating into over Rs. 3 trillion in cumulative damages. Critical sectors, including retail, hospitality, and logistics, suffered revenue declines exceeding 50% in protest-affected regions.
Governance Paralysis: Legislative and administrative functions in Islamabad were severely disrupted, delaying key policymaking initiatives, including those tied to International Monetary Fund (IMF) agreements.
Global Implications: Diplomatic engagements were derailed, damaging Pakistan's international reputation. Delegations from China and Belarus scaled back visits, raising concerns about Pakistan's reliability as a partner.
Security Concerns: Violent clashes between law enforcement and demonstrators resulted in fatalities, injuries, and extensive property damage, further destabilizing the national security environment.
Disinformation Campaigns: Misinformation on social media, including doctored visuals and exaggerated casualty reports, exacerbated societal divides and amplified global perceptions of instability.
Legal aspects: PTIs mobs ransacked sensitive areas which the courts and administrative authorities had forbidden and ignored the designated protest sites altogether aiming at maximum disruption.
The key question that Dr. Caldwell raises is to what extent does the democratic right to protest go? She draws parallels to the January 6th Capitol Hill incidents. She states, "The November 2024 protests in Pakistan are a stark reminder of how political unrest in one nation can disrupt economic ties, diplomatic relations, and governance frameworks. This research underscores the urgent need for systemic and constitutional protections against malice in the name of democracy. Social media has become a tool for disinformation and division."

About the Author:
Dr. Alexandra Caldwell is a leading voice in political science, specializing in governance, economic stability, and global security.

About Beltway Grid Policy Center:
The Beltway Grid Policy Center does rigorous research and analysis to aim to provide actionable insights for policymakers, academics, and global leaders.

Access the Full Report:
The full research paper is available for download at: https://beltwaygrid.org/democracy-under-siege-economic-fallout-and-global-implications-of-ptis-protests-in-pakistan/

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/c95f004f-a36e-4390-bbfa-012192cfaf1f


© 2024 GlobeNewswire (Europe)
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