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…
‘Wide open’ for business: Russia makes play for Gulf money
Grappling with sanctions and an exodus of foreign firms, Moscow is looking to investors from oil-rich Arab Gulf states as the West locks it out over the war in Ukraine.…
Pakistan, and international global financial order
In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International Monetary Fund (IMF), one of its comments on Pakistan’s economy was ‘For… Pakistan, policy interest…
Economics over politics
It is quite interesting to see how losses in the economy are playing havoc with gains in politics. World politics is passing through a different and difficult phase of bickering…
US trade shifts on Covid and China tensions, but no ‘decoupling’ yet
US trade flows are realigning on the back of pandemic shocks and tensions with China, but efforts to reduce interdependence between the superpowers have not brought a swift decoupling. While…
Misplaced mercantilism and the case for domestic markets
We are being told that the economy of Pakistan is in absolute free fall. Allegedly, the dominos of economic doom are in motion, and despite all our countless stopgap measures,…
Sustainability and Islamic finance
The unique characteristic of Medina Economics is the fact that almost all the building blocks of the Islamic economic system were completed in the lifetime of the Prophet Muhammad (PBUH)…
Petrol, people and policy
The ‘tough’ and ‘bold’ decisions that this government was being urged to take are finally here. In fact, ‘shock therapy’ would be the more appropriate term to describe the government’s…
Business of the street
The Haque model of inclusive cities advocated that cities should provide livelihood opportunities to all segments of society. Inclusive cities ensure all residents, including the poor urban working class, have…
Inflation and class war
Joe Biden is relying on the Federal Reserve to choke inflation, rather than instituting any policies to protect workers’ pockets. According to Politico, “Biden declared his ‘laser focus’ on inflation…
