Navigating economic corridors
We are living in an era of ‘corridorization’, ‘economic corridor’ being the new buzzword. The proponents of these ‘corridors’ claim that they are vital for increasing regional connectivity and trade.…
Leadership and economics
Upon the conclusion of every single overseas visit I am filled with sadness and a deep sense of disillusionment. This is despite a divinely blessed deep reservoir of optimistic attitude…
Economic architecture
THE US is having second thoughts about the Washington Consensus it had evolved in the 1990s. At that time, the Cold War with the Soviet Union had just ended, and…
Global economic crisis: Neoliberalism, debt sustainability, SDRs, and multilateralism
The global economy is facing existential threats of climate change and Pandemicene crises. The underlying basis for the perpetuation and hastening of both the crises is Neoliberalism. Here, it needs…
Disclosure principles of ‘beneficial ownership’
It is common practice across the globe that anonymous shell companies are formed to hold funds or conduct financial transactions to disguise money trail of wealth accumulated through illegal activities.…
Principled politics, anyone?
When on May 14, 2006 – nearly 17 years ago – the Charter of Democracy (CoD) was signed between Mohtarma Benazir Bhutto and Mr Muhammad Nawaz Sharif, both were in…
Lethargic economic management
About 84% of countries are expected to have lower headline (consumer price index) inflation in 2023 than in 2022. Global inflation is set to fall from 8.8% in 2022 (annual…
Dar, diplomacy & economic viability – I
“Our foreign policy is one of friendliness and goodwill towards all the nations of the world. We do not cherish aggressive designs against any country or nation. We believe in…
Economic costs of judicial (in)actions [Part I]
Pakistan inherited a legal and judicial system from the British rulers. While the colonial masters have moved forward with time and modified their laws and procedures consistently, we are still…
How to avert economic collapse
The worst kept secret about the present economic crisis is that it has resulted from our rulers having saddled the people with a huge debt while harvesting its proceeds to…
