Economic models buckle under strain of climate reality
Ahead of international climate talks in Dubai this month, economists are updating estimates of the impact of global warming on the world economy, sometimes calculating down to a decimal place…
Economic model
While it has long been blatantly obvious that the global economic model is not working for all, the rate of accumulation of wealth by a small minority is now breathtaking…
A self-sufficient economic model
It is time to strike a strategic balance between public and economic health for the maximum economic good of masses at large, especially the have-nots. As such, while extreme physical austerity needs to be…
A new economic model
The Covid-19 pandemic posed unprecedented challenges to Pakistan’s economy and exposed the vulnerabilities of the current growth model of Pakistan based on brick and mortar. The Omicron-driven fifth wave has…
A new economic model in the offing?
The economic model that we have been using all these 71 years has failed to deliver. In early decades this model was based on the so-called 'trickle-down' theory propounded by…
Economic realities and export
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…
Mission-oriented economic policy
There seems to be a lot of focus on the working of ministry of finance, which is not to say that its role is in any way less important than…
Russia’s clampdown on Tajik migrants raises economic and security risks
When Abubakr Yusufi boarded a flight to Moscow in July, he thought he wouldn’t be home for years. The 23-year-old from a small village in Tajikistan hoped to join his…
Mission-oriented economic policy
There seems to be a lot of focus on the working of ministry of finance, which is not to say that its role is in any way less important than…
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…
