Is economic planning viable?
Planning, both short- and long-term, is an essential part of modern economic management. In order to delve into the arguments concerning their utility and usefulness, it’s prudent to briefly deliberate…
The flawed economics of the IGCEP
One of the ten commandments for electricity planning is ‘Thou Shalt Not Expand Electricity Supply Without Industrial Demand’. New power plants become stranded, costly monuments to poor planning without industrial…
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…
Domestic economic thought, profession, and ‘dual-track’ pricing mechanism
Although Pakistan came into existence at a time when there was a deeply renewed focus on economic thought process globally in the wake of establishment of Bretton Woods institutions a…
Planning for the future
In an increasingly complex and fast-evolving global landscape, nations must anticipate and prepare for future technological advancements to remain competitive and ensure sustain-able development. One of the most effective tools…
The climate cost of urban misplanning
“The earth does not belong to man; man belongs to the earth. Whatever he does to the web of life, he does to himself." – Chief Seattle (Native American leader).…
Beyond inflation: the hidden risks in Pakistan’s economic recovery
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…
Prioritising education for economic development
Pakistan’s economy is steadily recovering from the downturn that began in 2019-20. Key macroeconomic indicators are improving -- economic growth is on an upward trajectory, inflation is declining, the trade…
Economic agenda
The IMF and the World Bank have been pivotal in bailing out Pakistan, given the country's economic challenges and developmental needs in recent years. Historically, Pakistan has entered into 23…
