IMF’s risk assessment: eyes half shut
The first coronavirus outbreak – SARS – in the shape of epidemic happened around the beginning of this century. The second coronavirus epidemic – MERS – struck around the close…
Serious issues in IMF programmes: time for urgent reform
‘Augusto Pinochet’s coup in Chile is widely seen as inaugurating the global neoliberal era. As the 1970s progressed, neoliberal ideas and policies came increasingly to shape the agendas of international…
Trump, global economy, and a world of polycrisis
The last time Donald Trump was in office, the world was in the midst of a global pandemic, and the cost of living was fast moving north, both at home…
Serious issues in IMF programmes: time for urgent reform
‘Augusto Pinochet’s coup in Chile is widely seen as inaugurating the global neoliberal era. As the 1970s progressed, neoliberal ideas and policies came increasingly to shape the agendas of international…
Economic policy and central bank independence
Unfortunately, economic policy globally is settled on very unsettling fundamentals, and rather than fixing this, the blame for high level of inequality and increasing absolute poverty that this Neoliberalism oriented…
Our economic potential
“LORD, we know what we are, but know not what we may be.” Shakespeare alludes to human potential which is always higher than its present condition. Allama Iqbal elaborated on…
Approaching an ‘augmented’ IMF programme
What is likely to happen if the country goes into another International Monetary Fund (IMF, or simply the ‘Fund’) programme, which is neoliberal, and pro-cyclical in nature, as both the…
Our economic potential
“LORD, we know what we are, but know not what we may be.” Shakespeare alludes to human potential which is always higher than its present condition. Allama Iqbal elaborated on…
Managing public investment the mission-oriented way
Two renowned intellectuals – Greece’s former finance minister Yanis Varoufakis, and columnist for Guardian George Monbiot – in two separate articles recently, pointed towards a common problem: neoliberalism, and austerity,…
World Bank needs to revisit its policy and lending focus
In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the World Bank (WB), just like the International Monetary Fund (IMF) policy thinking, including as highlighted in…
