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…
Moral economics
In an age of economic disparity, social unrest and climate volatility, the concept of ‘moral economics’ is no longer an abstract philosophical ideal but rather a pragmatic response to a…
Rewriting Pakistan’s economic destiny
There comes a time in a nation’s history when mere survival ceases to be a virtue and becomes a verdict. When continuity without reform is not resilience, but retreat. Today,…
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…
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…
Politics over economics
This is the second of a two-part series on Pakistani administration’s focus on domestic factors while ignoring external factors which have a much greater relevance in formulation of our domestic…
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…
Economic stability
FOLLOWING the recent GDP rebasing, the PTI and PML-N are going on about their resulting higher GDP growth rates. Yet sceptical citizens are unimpressed, being too familiar with our boom-bust…
