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Why are Pakistan media groups laying off employees and shutting down TV channels? Is it caused by Pakistan government cutbacks in advertising? Is it part of the PTI government's alleged efforts to censor media? Or part of the long overdue industry shake-out after almost two decades long un-interrupted media business expansion?…

Remittance inflows from Pakistani diaspora have jumped 21-fold from about $1 billion in year 2000 to $21 billion in 2018, according to the World Bank. In terms of GDP, these inflows have soared nearly 7X from about 1% in year 2000 to 6.9% of GDP in 2018.

Meanwhile, Pakistan's exports have declined from 13.5% of GDP in year 2000 to…