Developing countries, in general, are faced with a serious lack of fiscal space to make needed investments to reach a much-needed resilient economy in view of a fast-unfolding existential threat…
Many developing and low-income countries are under debt distress, and a few of which are also facing food crisis as well. This is an extremely grave situation, and it is…
Global average temperatures have reached 1.2 degrees centigrade above the pre-industrial era, and most scientific consensus is that if it rises above 1.5 degrees centigrade the climate change crisis will…
When the Covid pandemic was declared by the World Health Organization (WHO) back in early 2020, a number of developing countries were already facing a difficult debt situation, which continued…
The United Nations has warned that Russia’s invasion of Ukr-aine could trigger a global famine as Moscow’s Black Sea blockade delays crucial grain exports, and stoked fears of a deepening hunger crisis…
Many of the developing countries are net importers of oil whose price has been rising, only recently to a seven-year high of above US$ 90 per barrel. A February 4…
While the developed countries are feeling the heat in terms of meeting public-health needs with regard to COVID-19, the developing countries were a lot less prepared for the pandemic. With…
Formation of cartels is a global phenomenon and Pakistan is no exception. By definition it is defined as: “A cartel is a collection of independent businesses or organizations that collude…
To help developing countries grappling with the Covid-19 crisis, official donors increased foreign aid to an all-time high of $161.2 billion in 2020, up 3.5% in real terms from 2019,…
‘Developing countries have been ravaged by a combination of the pandemic-driven health crisis, collapsing exports, rising global food prices, domestic economic contraction, falling fiscal revenues, and external debt overhang. The…
