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Development Economics

Development economics

There has been a remarkable transformation in development economies during the past five decades. The accent has shifted from accelerated growth in output and consequent increase in Gross National Product…

Withering geoeconomics

IT was almost exactly three years ago that a paper was published by Moeed Yusuf and his co-author Rabia Akhtar arguing in favour of a pivot away from geopolitics towards geoeconomics as…

Moral economics

In an age of economic disparity, social unrest and climate volatility, the concept of ‘moral economics’ is no longer an abstract philosophical ideal but rather a pragmatic response to a…

Development 2.0: the case for PPPs in Pakistan

Over the past few years, policymakers and academics have shown renewed interest in Public-Private Partnerships (PPPs) as a way of addressing fiscal limitations and speeding up infrastructure construction and the…

The flawed economics of the IGCEP

One of the ten commandments for electricity planning is ‘Thou Shalt Not Expand Electricity Supply Without Industrial Demand’. New power plants become stranded, costly monuments to poor planning without industrial…

Development gap of Balochistan

The province of Balochistan is the largest province of Pakistan in terms of area. It has an area of 347,190 sq.kms, equivalent to 43.6% of the total geographical area of…

Geo-economics over geo-politics

The strategic shift from geo-politics to geo-economics is a welcome initiative. In a world where the relative importance of a nation is determined primarily by its economic strength, the focus…

Defining geo-economics

GEO-ECONOMICS is the buzzword these days among our ruling elite. It is recommended as the panacea for Pakistan’s economic ills and a sure path to prosperity. However, there is little…

China’s development, dividends for Pakistan

As both China and Pakistan are celebrating their 73rd Anniversary of the establishment of diplomatic relations, and keeping in view Prime Minister Shehbaz Sharif’s successful visit to China in early…