Pakistan ‘Nazuk Mor’ becomes case study at Harvard School

Pakistan is still going through the Nazuk Mor (critical period) after 77 years of travel. The country’s crippling inflation, high utility costs, high taxes, corruption, and mounting external debt have crushed the common man, but surprisingly, the wealthy and powerful elite class and their leaders’ assets are growing overseas in the midst of the domestic economic crisis.

Foreign educational institutes became interested in this scenario and chose to use it as a “case study” for aspiring managers and leaders.

Pakistan at 75: When Will the “Nazuk Mor” End? is a case study. is intended for use in Harvard Business School’s Business, Government, and International Economy course taught by Professor Alberto Cavallo in the spring of 2024.

In the Financial Times’ 2024 world rankings, the school’s MBA program came in at number eleven.

In business schools, case studies are a popular teaching tool. Instructors use them to show students examples from real-world situations and then have discussions with the students on how to handle the problems the organization is facing.

The title of this case study alludes to Nazuk Mor, a term that is frequently used in political sloganeering to highlight Pakistan’s ongoing issues with political instability and frequent boom-bust economic cycles.

Even in 2024, the nation still faces the same problems that led to its foundation in 1947: high inflation, state-owned enterprises that are losing money, and bailouts from the International Monetary Fund (IMF).

The country’s administration, led by Prime Minister Shehbaz, took office on February 8 amid claims of “massive rigging.” Reviving the nation’s economy is the largest task facing the administration led by the PML-N.

To stop the impending default, the recently elected administration of the financially challenged nation wrote to the IMF.

A staff-level agreement was reached between Pakistan and the IMF last month over the second and final assessment of the $3 billion SBA. Should the board of the global lender approve the accord, around $1.1 billion will be released to the financially troubled South Asian country.