Karachi: economic powerhouse
Two news items last week prompted me to write on the economy of Karachi, the country’s largest city and its economic hub. These are: * The data relating to exports…
Economic colonialism
European historians, with their own sense of bias, which on occasions reaches its zenith, to convert into prejudice, (there is no such thing as honest historians, they are all different…
The age of geo-economics
Pakistan’s economy needs to grow at an annual average rate of at least 10 per cent of the GDP over the next 10 to 15 years to be able to…
Framework for a sustainable economic future
Pakistan is unique in many ways and possesses many attributes which should have made it an economic and political powerhouse. We possess immense potential in terms of natural resources, a…
From poorhouse to powerhouse
Last month, Beijing decided to launch a new agency – the International Development Cooperation Agency – to spearhead its ever-increasing aid programmes around the world. The new government agency will…
Economic crisis rattles Brazil as Olympic year starts
Brazil hoped to start 2016 making itself pretty for its turn on the world stage when its hosts the summer Olympics. Instead attention has turned to its deepening economic crisis.…
Asia – the next economic giant?
Post "Great Recession" rates of output and employment growth in Asia surpassed these rates in all other regions. Asian economies have rebounded strongly and became the engine of growth of…
Economic development
Learning from others: Several countries of the world are success stories due to strategies employed by them. We ought to learn from their approach and, Insha Allah, Pakistan has the…
Saarc region an emerging powerhouse
Saarc nations’ hold substantial amounts of resources, which will steadily become more essential to Saarc and other developing nations who continually require additional resources to maintain rapid rates of economic…
The dollar-yuan rivalry
This month Pakistan departed from its long-standing reliance on the US dollar for export payments, as it utilized the Chinese currency ‘yuan’ to pay for its inaugural government-to-government purchase of…
