The Making of a Constitution: Pakistan and the Question of Sovereignty

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The constitution of a country is its 'Supreme National Institution.' Hence, the creation of a constitution is a central process in institution making in a country, as the incentives and disincentives provided in the constitution are critical for the political, economic and social progress of the country, as clearly shown by Douglass North and others. Further, while the constitution is the rule-making framework, the 'grundnorm' is the consensus through which such a framework emerges.

'Rethinking Public Assets: Managing Wealth'

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The single largest holder of wealth in nearly every country is the state, and its citizens. Whether held as commercial assets in the form of land and real estate or as financial assets in sovereign wealth funds, the nature and extent of public wealth is often misunderstood. This seminar will demystify public capital and identify practical opportunities for improvements in its management and deployment.

'Rethinking Public Assets: Land and Capital'

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The way land and property perform within the UK economy is not well understood. For many commentators, the UK has a dysfunctional planning system and an immensely concentrated but opaque pattern of land ownership. Public dissatisfaction with both government and market-led responses to the housing crisis is mounting. This seminar will look at land and housing policy, expose underlying problems (such as the structural link between land and our financial system) and address the potential solutions, notably how to ensure a functional housing policy.

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