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Can Pakistan avoid economic collapse?

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…

SEZs and economic development

During the decade of the 1980s a paradigm shift took place in the minds of economic policy makers; the movement in thought process was rooted in the idea that economic development…

An economic miracle

Consider a country where utter poverty led to people starving to death. With limited natural resources and more than 7,000 individuals per square kilometres of population, as against Pakistan's around…

Economic diplomacy is the way forward

This is the first of a two-part series detailing National Security Policy’s (NSP) foreign policy’s focus on economic diplomacy – a focus that is a challenge as the world moves…

Politics over economics

This is the second of a two-part series on Pakistani administration’s focus on domestic factors while ignoring external factors which have a much greater relevance in formulation of our domestic…

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…

Macroeconomic projections of IMF, WB

There have been two very recent sets of macroeconomic projections for Pakistan. The first is in the IMF Staff Report on the Extended Fund Facility for Pakistan. The second set…

Economic governance framework

BEFORE proposing solutions to the economic governance challenge, it is useful to briefly review the current position. Loans, deferred payments, lowering currency value etc can give temporary relief but it…

Fault lines in economic security

The national security paradigm revolves around economic security. A country is strong only if its economy is strong. It is beyond doubt that economic security makes a nation’s defence impregnable.…