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Economic dystopia incentivized

Can you guess what country has the world’s worst financial inclusion statistics? It is Pakistan. With 115 million unbanked adults (adults with neither a bank account, nor a mobile money…

Economic prospects of Gilgit-Baltistan : Part II

Community organizations have built bridges, irrigation channels and other small infrastructure projects at much lower costs as they participated in the supply of labour and land parcels for these projects.…

Continuity of the IT ecosystem

Pakistan’s surge in the IT industry has led to many high-paying jobs for many experts. This has played a role in government development and private business prosperity. The IT industry…

Reasons for economic insolvency (Part – I)

The debate on whether Pakistan is close to a sovereign default on its obligations has been raging for a while now, notwithstanding a staff-level agreement signed a few weeks back…

Reasons for economic insolvency [Part – II]

The rise of western Europe started with the Renaissance, a remarkable period in world history, which began in 14th-century Italy and later spread to other countries. Italian city state Florence,…

Ecosystem of hate

LYNCHING is the practice of summary extralegal executions introduced in 18th-century America — ritualised violence inflicted by a group on an individual. Genocide is a form of mass lynching perpetrated…

Doughnut economics

THROUGHOUT the course of history, numerous economic theories have emerged as a response to global crises. Within capitalism itself, many economic theories have flourished by countering economic problems and restoring…

Need for ‘green economic recovery’

For a while in the early stages of the Covid-19 pandemic, there were high hopes for a V-shaped recovery. After a brief but sweeping lock down to stanch the spread…

Restoring the ecosystem

Back in 1987, ‘Our common future’, also known as the Brundtland Report, proposed the three main pillars of sustainable development: economic growth, environmental protection, and social equality. A group of…