Rising crony capitalism
Usually, entrepreneurs invest their energy, ideas and money to increase the quality of the products they produce, higher knowledge-worker and thereby improve manufacturing process and increase productivity. But at some…
Nawaz Sharif & cronyism
The unlawful removal of Tariq Malik, Chairman of National Database and Registration Authority (Nadra) and his reinstatement by Islamabad High Court gives credence to allegations from critics of Premier Nawaz…
Not one party is revolutionary
Paradoxical though it may sound, politics in Pakistan remain both tantalizingly unpredictable and ridiculously predictable. A prime minister commanding a comfortable majority may be conveniently shown the door, leaving everyone…
Towards industrial policy 2.0: Part – V
Infrastructure: Pakistan’s unending energy crisis and high-end user costs have enormously damaged industrial growth and diversification, particularly the export sector.The present model of single buyer-single seller is the root cause…
A defeat that carries hope
PRIME Minister Narendra Modi is his own best fan. He believes, as do his supporters, that the BJP’s victory in four of the five assembly poll results last week carries in its…
Dealing with ‘debtocracy’
Total debt servicing increased by around 57 percent during FY 2018-19 compared with last fiscal year which was driven by higher domestic interest payments (on account of rise in domestic…
Tax bailout for economic revival
According to various Press reports, all businesses in Pakistan, as elsewhere, badly hit by lockdown in the wake of Covid-19 epidemic, are demanding a comprehensive tax bailout claiming that loan…
Neoliberalism and Pakistan
The concept of neoliberalism is a part of capitalism that gained wide currency soon after the compelling defeat of socialism in the backdrop of the disintegration of the former Soviet…
Consumer interest losing to producer interest?
Producer and consumer interests do not have to be antagonistic forces, one at the cost of the other. In fact, successful societies seek a convergence of the two. Efficient producers…
Privatisation of SOEs
Pakistan has a long history of a mixed economic system, starting with laissez-faire and the all-out nationalisation of industries and businesses and ending up with experiencing privatisation. The concept of…
