Economic fallout
Pakistan stands today at a moment where questions of power, law and governance are no longer confined to constitutional commentary or political theatrics. They now cut directly to the core…
Quest for economic sovereignty
IN 1765, undivided India lost its financial sovereignty when Mughal Emperor Shah Alam II granted the East India Company the right to collect taxes (diwani) in Bengal, Bihar, and Orissa.…
Russia’s clampdown on Tajik migrants raises economic and security risks
When Abubakr Yusufi boarded a flight to Moscow in July, he thought he wouldn’t be home for years. The 23-year-old from a small village in Tajikistan hoped to join his…
PCC & the new economic arms race
The world is changing fast – Trump is isolating the US from its former allies, withdrawing from multilateral agreements and moving the country onto a path of isolationism and deregulation.…
A recipe for economic growth
PAKISTAN has a history of sacrificing economic growth for short-term macroeconomic stabilisation. At its core, structural weaknesses of the economy — the low tax-to-GDP ratio and foreign exchange deficit —…
Getting out of the economic boom-bust cycle
Since independence, Pakistan has largely remained a consumption-oriented economy, and together with this, growth mostly has come from light industrial base. This is because government has sub-optimally played its part…
Domestic economic thought, profession, and ‘dual-track’ pricing mechanism
Although Pakistan came into existence at a time when there was a deeply renewed focus on economic thought process globally in the wake of establishment of Bretton Woods institutions a…
Economic agenda
The IMF and the World Bank have been pivotal in bailing out Pakistan, given the country's economic challenges and developmental needs in recent years. Historically, Pakistan has entered into 23…
A truly global economic policy needed
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF), which are highly indicative of a global…
India’s Modi looks to new economic playbook as risks mount
After world-beating economic growth last year, India’s policymakers are scrambling to head off a sharp slowdown as worsening global conditions and domestic confidence wipe out a recent stock market rally.…
