Ijlal Naqvi in Tanqeed:
The introduction of independent power producers in Pakistan marks a key transition to a new logic of infrastructure development, one in which the role of the private sector is enhanced and a fairly rigid ideology of governance involving commercialization, corporatization, and an expanded role for the private sector has become the new orthodoxy. In Hashim bin Rashid’s periodization, this moment signifies a shift from the state-led developmental era to the neoliberal era. However, in evaluating current trends in the power sector, one can see how the logic of the developmental state has reasserted itself against some of the shortcomings of the policy reforms implemented from 1994 onwards.
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