Economic instability and its roots
The unstable equilibrium that is part of Pakistan poverty is the major aspect that ensures that we are what we are. All the efforts at poverty reduction have been nothing…
Economic instability
Increasing government expenditure, basic economic theory maintains, is a powerful policy tool useful during times of recession, with low output and low inflation, as it provides the necessary fuel to…
Economic impasse and political instability
The economic challenges of Pakistan are appallingly enduring, and unless we effectively address fiscal discipline issues, expand our tax base, and eliminate resource wastage, the country’s economic stagnation is likely…
Economic growth amid political instability
Political instability is a serious impediment to economic progress. Not only does it shorten policymakers’ horizons leading to suboptimal short term macroeconomic policies, but it is also the cause of…
Economic and political instability
‘“Only a crisis — actual or perceived — produces real change. When the crisis occurs, the actions that are taken depend on the ideas that are lying around.” Friedman, one…
Less than modest economic recovery?
International Monetary Fund (IMF) programme under the Extended Fund Facility rolled out this September has spurred some elements of country’s fiscal and economic recovery. A number of survey reports on…
Politics and economics
This is the first of a two-part series focusing on the symbiotic relationship between politics and economics, with existing literature focusing more on domestic policies premised on globalization representative of…
Making 2024 count economically
A pivotal year which may become a turning point for Pakistan’s economy, 2024 saw significant progress in achieving macroeconomic stabilisation. The country made strides in controlling inflation, reducing interest rates,…
Economic cost of disruptions
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…
This year’s economic scorecard
The year 2024 represents a critical juncture for Pakistan’s economy, characterised by a confluence of significant challenges and emerging opportunities. Throughout this period, Pakistan encountered a range of obstacles arising…
