Future at stake: deindustrialization–II
The analysis presented in the first part (carried by the newspaper on Wednesday) of this two-part series of article can be granulated to capture the trends in Punjab. The province…
Future at stake: deindustrialization—I
Following the Information and Communications Technology (ICT) revolution of the 1990s, the international economy entered a second phase of globalization. The trend for developing countries within the GVCs (global value…
Romanticizing industrialization
An economic growth of 1.9 percent in FY19, a contraction of 0.4 percent in FY20 and estimates of a muted growth of 2 percent in FY21 for Pakistan would have…
Tariffs and non-neoliberal globalization – I
When there is something fundamentally wrong, it needs to be fixed to the extent that those fundamentals get corrected through a policy that takes least time, and minimum disturbance. It…
America’s passion for tariffs rarely pays off, economists warn
Long before Donald Trump’s “Liberation Day” announcement, the United States had toyed with imposing high tariffs throughout its history, with inconclusive — and sometimes catastrophic — results. “We have a…
Tariffs and non-neoliberal globalization – I
When there is something fundamentally wrong, it needs to be fixed to the extent that those fundamentals get corrected through a policy that takes least time, and minimum disturbance. It…
International trade on the line
The trade war has begun, and international trade is currently under threat. International relations are also under strain, primarily due to new tariffs imposed by the US administration on potential…
Trump’s tariff rollback brings limited respite as new levies loom
US President Donald Trump imposed vast tariffs this week on key partners Canada and Mexico, roiling cross-border ties before offering temporary relief to manufacturers — but with more levies kicking…
Capitalism: the double-edged sword
Capitalism, as an economic system, has been both celebrated for its unparalleled ability to drive innovation and criticized for its role in perpetuating inequality and exploitation. Its emergence alongside the…
PTI: forgotten promises
People of Pakistan in general and businessmen in particular are quite disillusioned with the performance of Pakistan Tehreek-e-Insaf (PTI) after seeing that prices of items of daily use (food, medicines,…
