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…
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…
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…
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…
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…
‘“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…
While macroeconomic indicators have achieved feeble stability over the past year, on-the-ground conditions remain as hopeless as they were a year ago. There’s abundant rhetoric about increasing exports, but it’s…
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…
The looming spectre of a food crisis and economic instability poses a significant threat to Pakistan, as the nation grapples with alarming projections for the forthcoming decades. By the year…
The concept of fiber security holds strategic importance for Pakistan’s economy, textile sector, and agricultural sustainability. As the country’s most significant cash crop, cotton plays a vital role in economic…
Pakistan’s economy is addicted to debt. Lavish government spending, recklessly financed through borrowing has resulted in a precarious debt trap, a depreciated rupee, escalating inflation, and an economy on the…