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Rising economic difficulties

At present Pakistan is facing grim crises. Regardless of the Supreme Court’s decision, the real question is whether our economic difficulties will get resolved. On the economic front, the grim…

Some thoughts on improving global financial governance

Globalization has recently come under attack for having given rise to excessive nationalism and protectionism. Excessive nationalism and protectionism carry the potential to hamper global economic recovery. For this reason,…

Questionable delay

Islamabad, the capital of gossip, is now firmly divided into two camps: those who know the elections will not be held and those who are not sure because they can’t…

UK Tories’ tales of shame

THERE is no Utopia no matter where you are in the world and one can be sure that those who believe that ‘Western’ democracy is squeaky clean are one of…

Economic governance framework

BEFORE proposing solutions to the economic governance challenge, it is useful to briefly review the current position. Loans, deferred payments, lowering currency value etc can give temporary relief but it…

Navigating FDI challenges in power sector

The latest investment setback suffered by the renewable energy sector in Pakistan is the unsuccessful endeavour to attract investors for a 600-megawatt solar power initiative in Muzaffargarh. Despite the provision…

SOEs in Pakistan, India, and Bangladesh

State-Owned Enterprises (SOEs) are a common feature in the economic landscapes of developing countries such as Pakistan, India, and Bangladesh. The performance of these SOEs has been a topic of…