Resetting foreign economic relations : Part – III
Gulf States: Pakistan has enjoyed very friendly relations with the Gulf States. The first generation of Emirates rulers were very favourably disposed towards Pakistan as they received a lot of…
Roadmap to economic recovery [Part – III]
The first two parts in this series discussed why we keep falling into crisis situations, and the need for the economy to grow. Low public and private investment are behind…
Real clear economics
There is much confusion about our economic predicament. Yet, nothing could be clearer. On the security of the wealth and income of present and future generations, governments of Pakistan have…
Global economic prospects under Covid-19 crisis
Covid-19 has badly exposed the lack of interdisciplinary approach of mainstream economics – the theoretical basis for widely practiced economic policy, both at the level of most countries and multilateral…
Trapped in a ‘catch-22’ economic situation
It is peaking in Pakistan. And there has been no full-blown lockdown as such since the Covid-19 curve started taking a steep trajectory at a relatively faster rate some two…
Economic war cabinet’ – IK’s finest hour in PM’s office
Covid-19 has unleashed a war-like situation for economies across the world. According to the International Monetary Fund’s flagship report World Economic Outlook (WEO) update released this week, unlike the initial…
Climate economics Nobel may do more harm than good
There are many reasons humanity has failed to rein in climate change despite decades of dire warnings. The inertia of an energy system overwhelmingly powered by oil, gas and coal;…
Global economic growth woes in the midst of pandemic
“The COVID-19 crisis has been a brutal reminder that, for all of our wealth and technological mastery, we are still vulnerable to catastrophic tail risks. To ensure future prosperity, we…
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…
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…
