In the expansive arena of economic governance, Ludwig von Mises’ profound assertion resonates: “If one rejects laissez-faire on account of man’s fallibility and moral weakness, one must, for the same…
Industrial economic size refers to the scale or size of industrial activities within an economy, typically measured by the total output, employment, or capital investment of the industrial sector. It…
Pakistan’s textile industry is on an upward trajectory with the addition of $500 million per month through incremental capacity. This has been enabled through TERF (temporary economic refinance facility) and…
The textile sector continues to steer Pakistan’s economy through difficult conditions, consistently outperforming other sectors and adding value. Textile and garment exports increased by 23 percent year on year to…
The task of preparing a perfect budget is challenging in normal times. Today, when coronavirus is ravaging the world economy and uncertainty is at an all-time high, the task is…
Trade and technological advancements provide the fundamental impetus for sustainable economic growth. Nations that are more open to international trade and more advanced in technology have proactively achieved high levels…
Coronavirus has brought the Chinese economy and polyester and textile industries in the country under pressure. Parallel to the 2003 SARS crisis, polyester demand could decrease as business activities stopped.…
Pakistan has the world’s seventh-most protected economy. The country’s inward oriented trade policies have served as a substantial roadblock to integration in regional and global value chains. This is evidenced…
Productivity isn’t everything, but in the long run it is almost everything. A country’s ability to improve its standard of living over time depends almost entirely on its ability to…
The Federal Budget for FY22 was announced on June 11th, 2021. The new economic team has accordingly set goals for the next two years, with an agenda characterized by two…
