Politics and economics
This is the first of a two-part series focusing on the symbiotic relationship between politics and economics, with existing literature focusing more on domestic policies premised on globalization representative of…
Making 2024 count economically
A pivotal year which may become a turning point for Pakistan’s economy, 2024 saw significant progress in achieving macroeconomic stabilisation. The country made strides in controlling inflation, reducing interest rates,…
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…
This year’s economic scorecard
The year 2024 represents a critical juncture for Pakistan’s economy, characterised by a confluence of significant challenges and emerging opportunities. Throughout this period, Pakistan encountered a range of obstacles arising…
Existential threats, and need for 10-year economic, environmental, and epidemiological plan
The federal minister for planning and development, Ahsan Iqbal, reportedly indicated that the Prime Minister will soon launch a five-year economic plan. It needs to be understood that given the…
Economic policy and central bank independence
Unfortunately, economic policy globally is settled on very unsettling fundamentals, and rather than fixing this, the blame for high level of inequality and increasing absolute poverty that this Neoliberalism oriented…
Economic emergency
FOR most Pakistanis, the prevailing economic conditions have unleashed unprecedented hardship. Steep power tariffs and high fuel costs have made everything expensive. Even the basic necessities are now beyond the…
Pakistan’s weak economic growth outlook
The July update of International Monetary Fund’s (IMF’s or simply Fund’s) flagship report, titled ‘World Economic Outlook’ (WEO) projected Pakistan’s economic growth rate for fiscal year (FY) 2023-24 stood at…
Kenya clashes and Bolivia’s failed coup show perils of economic hardship
Deadly Kenyan protests that scuppered tax hikes and a failed coup amid fading economic prospects in Bolivia this week are violent reminders of the dangers posed by faltering economies and…
The macroeconomics of electricity tariffs
In Pakistan, the landscape of power tariffs is shaped significantly by the framework of Power Purchase Agreements (PPAs) and is directly connected to macroeconomics. Under these agreements, the costs associated…
