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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…

People, economics and security

The slight improvement in Pakistan's economy is welcome — especially as it comes some months before the next budget is due. Everyone in Pakistan wishes for nothing more than an…

Politics over economics

This is the second of a two-part series on Pakistani administration’s focus on domestic factors while ignoring external factors which have a much greater relevance in formulation of our domestic…

Politics and economics

This is the first of a two-part series focusing on the symbiotic relationship between politics and economics, with existing literature focusing more on domestic policies premised on globalization representative of…

In search of growth

THERE appears to be growing impatience within the government with the ongoing economic adjustment, and an itch to somehow kick-start growth. The itch grows out of the realisation that the…

The economics of conflict

Conflict has a vastly different impact on different economies based on how insulated it may be (either voluntarily or through sanctions) from the US-led Western financial system and the measures…

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…