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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…

Important global economic challenges

Decades of neoliberal assault of advocating greater market fundamentalism, and lesser government regulation produced a global financial and economic order with serious resilience, and equity issues, which were glaringly exposed,…

The economic malaise

Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term trends and more recent developments. The former is primarily the path of accumulation…

Economic framework yet to be finalized

Setting the bar unrealistically high or looking at filling the glass up to more than capacity by any administration can be supported on the grounds that it may propel the…

Economic challenges

The ousted PTI government, claiming that it had inherited an economic mess, has left behind a situation bordering on disarray. Two headline variables indicative of the seriousness of the economic…

‘Homegrown’ macroeconomic framework

The recent medium-term projections by some of the major multilateral agencies have created a strong sense of apprehension about the future prospects for the economy of Pakistan. For example, the…

Revisiting economic impact of coronavirus

In an earlier article on the subject carried by the Business Recorder on 30th March we dwelt on the economic impact of the Coronavirus on Pakistan’s economy consequential to the…

Economic impact and relief package

The Coronavirus has already spread to 199 countries. The worst hit countries have been the EU countries, the US, China and Iran. The consequences are that normal economic activity, both…