Economic fallout
WHAT happens to an economy when it is hot outside? Globally, record-breaking temperatures have been witnessed in the past few years. There is evidence that heatwaves dampen economic output, causing…
WHAT happens to an economy when it is hot outside? Globally, record-breaking temperatures have been witnessed in the past few years. There is evidence that heatwaves dampen economic output, causing…
What ails Pakistan’s economy? It won’t be an exaggeration to say that this question requires a doctoral-level thesis even to summarise the argument. Economic experts have varying views on it,…
The world is still trying to catch its breath since hearing the news that Donald Trump managed to snatch the most powerful seat from a relatively popular Hillary Clinton. The…
THE finance minister’s recent statement, attributing daily financial losses of Rs190 billion to the political protests sparked by PTI, offers an important but incomplete picture of Pakistan’s ongoing economic and political turmoil. While it’s…
Conflict has a vastly different impact on different economies based on how insulated it may be (either voluntarily or through sanctions) from the US-led Western financial system and the measures…
As Pakistan’s farmers grapple with the terrible fallout from this year’s crash of domestic wheat prices, the Punjab government’s plan to set up a glass-roof train commuting from Islamabad to…
The seventh annual edition of the ThinkFest literary event was held in Lahore this past weekend. Dr Yaqoob Bangash – whose day job as a historian makes him especially sensitive…
A big selloff that pushed US borrowing costs to 15-year highs left euro zone bonds relatively unscathed in August, reflecting investor bets the bloc’s economic growth and funding needs will…
Given Pakistan is facing very difficult economic challenge, mainly in the shape of bringing debt sustainability, on one hand, and on the other controlling inflation, while also providing as much…
Inadequate provision of International Monetary Fund’s (IMF’s) special drawing rights (SDRs) to Pakistan, like in many developing countries, after an initial allocation from $650 billion released in August 2021 –…