TWO developments augur well for reshaping Pakistan’s economic relationship with the world. First, the dismantling of USAID closes a long and painful chapter of dependence and misplaced expectations between Pakistan and America.…
IN 1765, undivided India lost its financial sovereignty when Mughal Emperor Shah Alam II granted the East India Company the right to collect taxes (diwani) in Bengal, Bihar, and Orissa.…
While macroeconomic indicators have achieved feeble stability over the past year, on-the-ground conditions remain as hopeless as they were a year ago. There’s abundant rhetoric about increasing exports, but it’s…
There seems to be a lot of focus on the working of ministry of finance, which is not to say that its role is in any way less important than…
There seems to be a lot of focus on the working of ministry of finance, which is not to say that its role is in any way less important than…
China in the 1980s was quite similar to Pakistan in terms of economic orientation – mainly an agriculture sector, and one that was trying to industrialize, while keeping macroeconomic imbalance…
The overarching economic strategy of the incumbent government is not quite focused on achieving macroeconomic stability, though that is certainly a stated objective, or to implement pro-growth policies — pledged…
PAKISTAN has a history of sacrificing economic growth for short-term macroeconomic stabilisation. At its core, structural weaknesses of the economy — the low tax-to-GDP ratio and foreign exchange deficit —…
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…
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…
