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Aspects Of World Economics

Aspects of world economics

What is the best way for an economic system to run? No clear cut answer has been found until now. The usual categorisation of economic systems into “capitalist”, “socialist” or…

‘Economic Resilience Act’—I

‘A resilient society is able to react to and respond after a shock. Resilience even opens new doors to enhanced growth and sustainability. …The concept of resilience can also be…

‘Economic Resilience Act’ — II

Within economy, relegation of Ministry of Finance (MOF) to purely financial matters, and instead forming a ‘Ministry of Economy’ (MOEC) as the main ministry for the overall economic policy. Moreover,…

Urgent need for deep economic policy thinking

China in the 1980s was quite similar to Pakistan in terms of economic orientation – mainly an agriculture sector, and one that was trying to industrialize, while keeping macroeconomic imbalance…

Pakistan’s economic opportunities in the SCO

Being part of a regional organization greatly benefits countries by improving their global trade position while ensuring sustainable economic development. As Pakistan tries to be a part of regional integration,…

Home-grown economic plans

THE government recently formed a committee of eminent international and Pakistani economists to draft a home-grown economic programme. This article shows that there is little need for such a committee. There is…

Pakistan’s economic potential

AS Pakistan approaches its 75th independence anniversary, it is sad to witness the economy again mired in difficulties. One could argue that it’s a global phenomenon, with Covid-19 and the…

Effects of culture on economic outcomes

One of the recent, lesser discussed occurrences that could affect Pakistan’s future economic trajectory is the (unannounced) decision by the UAE government to dissuade Pakistani males, above 40 years of…

Economic renaissance for KP?

Khyber Pakhtunkhwa (KP) is distinguished by its immense natural potential. Yet like other provinces, it currently faces significant challenges across economic, social, security, and political domains. Amid societal polarization and…