Productivity, embodied by the contributions of entrepreneurs, managers, and workers, is a fundamental indicator of an economy's health. The United Nations' Sustainable Development Goal 8 promotes enduring, inclusive, and eco-friendly…
The contemporary concept of a “nation state” revolves around a nation, community and/or society that is politically organized under a sovereign government having exclusive right of taxing its citizens within…
One of the basic problems with Pakistan’s economy is that it produces less of the end products that can be sold in the world market and consumes more of what…
Sixth, revamp the higher education system and research institutes where the criteria for allocating public funds would be based on promoting emerging technologies and generation and application of knowledge to…
When countries face short-term financial crises it is natural that more deep-rooted and important issues are neglected, perpetuating the cycles of economic instability from time to time. It may appear…
In 1986, the Journal of Political Economy (JPE) published a paper (‘Increasing returns and long run growth’) by a relatively unknown economist. The same person, Paul Romer, got another one…
Pakistan has the world’s seventh-most protected economy. The country’s inward oriented trade policies have served as a substantial roadblock to integration in regional and global value chains. This is evidenced…
Labour laws should also spotlight on productivity rather than the dampening effects of archaic laws from the times of Industrial Revolution that have hampered rather than promoted productivity. Labour laws…
AS the beast of capitalism continues to pile misery on us, the search for alternatives has gained impetus even as the beast bellows, getting back to its feet after its…
Pakistan has been ranked almost at the bottom (125) of a list of 130 that were tested against four key areas of human capital development; Capacity, largely determined by past…
