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…
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…
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…
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…
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 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…
The marriage between politics and economics is well established globally though in Pakistan political parties’ economic agenda varies little mainly due to the imposition of standard time bound quantitative conditions…
The International Monetary Fund (IMF) epitomizes a global economic paradigm rooted in inequality with little emphasis on inclusiveness. Advocates of this model argue that some degree of inequality is essential,…
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…
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…
Very few people outside the economics profession realize that fiscal (government revenue and expenditure) and current accounts (inflows and outflows of foreign exchange) are closely interlinked. A current account is…