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Roadmap to economic recovery [Part – II]

The first part in this series (Roadmap to economic recovery’, June 20) discussed why we keep falling into crisis situations. It avers that the economy does not focus on growth.…

Roadmap to economic recovery [Part – III]

The first two parts in this series discussed why we keep falling into crisis situations, and the need for the economy to grow. Low public and private investment are behind…

Reasons for economic insolvency [Part – II]

The rise of western Europe started with the Renaissance, a remarkable period in world history, which began in 14th-century Italy and later spread to other countries. Italian city state Florence,…

On geo-economics

This article examines the idea of geoeconomics, its offensive deployment against Pakistan, and how a defensive response can be organised. Conceptually, geoeconomics encapsulates one premise and two recommendations. By the…

Economic direction and role of government — II

The overall economic policy, including that of the philosophy of Budget, must take into consideration the fact that cutting-off from the trickle-down economics and dismantling elite capture as a main…

Fiscal policy and economic growth

Fiscal policy is an important tool of modern governments to steer economy in right direction. All governments, specially in emerging markets, endeavour to align their fiscal policies in the manner…

Economic security

Pakistan’s economy is under attack – from all directions. To be certain, Pakistan’s ‘economic security’ continues to be the most neglected element of our ‘national security'. For us, ‘national security’…

A new economic model in the offing?

The economic model that we have been using all these 71 years has failed to deliver. In early decades this model was based on the so-called 'trickle-down' theory propounded by…

Persons, Systems And Situations

Persons, systems and situations

An oxymoron is defined as a figure of speech wherein seemingly contradictory terms appear side by side. British writer Thomas Gibbons characterised it as “sense in the masquerade of folly”.…