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Paths to doom

AFTER years of slow decay, states that are nearing doom see a tipping point and a point of no return when their descent into the abyss hastens and is hard…

The lone ranger

IT took our solitary Olympic gold medallist Arshad Nadeem to remind us of the old adage: Success has many fathers but Failure is an orphan. No matter how many awards,…

Seshan’s electoral reforms

Liberia’s presidential election of 1927 saw incumbent president Charles King garnering 234,000 against 9,000 votes. It would have been a remarkable victory but for a glaring faux pas. At that…

Did SBP and IMF get inflation wrong?

Following the recent approval by the International Monetary Fund (IMF) Executive Board to release the final tranche of SDR828 million (approximately $1.1 billion) under the standby agreement for Pakistan, Deputy…

Blood carbon

AMID the pressing need to confront climate change, the emergence of carbon markets has gained prominence. In these markets, industries acquire the privilege of emitting carbon dioxide by committing to…

The IMF is not fit for purpose

There is substantial evidence that an IMF bailout merely sets countries up for repeat bailouts. Some countries, like Rwanda and Liberia, have been under continuous IMF tutelage since their independence…