Pakistan, July 14 -- Every few years, Pakistan debates the same questions: How do we raise more taxes? Attract more foreign investment? Secure another IMF program? These debates overlook a more fundamental one: are we investing the money we already spend in the assets that generate the greatest long-term returns?

This issue was at the heart of a recent policy roundtable organized by Globesight - Fiscal Choices, Human Consequences: Pakistan's Development Budget in Focus - where economists, policymakers and development practitioners examined how Pakistan should allocate scarce development resources. One conclusion stood out: Pakistan's greatest development opportunity is not another infrastructure project. It is the development of its peop...