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Macroeconomics Causality In Pakistan

Macroeconomics causality in Pakistan

Pakistan's wizards keep on toting figures in macroeconomic terms that have no meaning for the a) general public and b) for the economy as such. The common man is not…

Sorry Figures

Sorry figures

The economy continues to cut a sorry figure in terms of competitiveness. The latest report of the World Economic Forum (WEF) ranks Pakistan at 129 (out of 144 nations) on…

From GDP growth to CDP growth

Macroeconomic figures are the first impression of a country's development. As they say first impression is the last impression. Not so, in every case. Numbers are crucial for measuring anything…

The Economics Of Industrialisation

The economics of industrialisation

As I hear anchors on State television going gaga on the screen regarding investment in the country one wonders whether I am living in Pakistan or in an alien country.…

Data integrity required

The oft used proverb “there are three kinds of lies - lies, damned lies and statistics” is a stark reminder that data can and is used to bolster a weak…

Intertwined fates

YOUM-I-PAKISTAN will be commemorated with the usual fanfare next week. Another year, much ado about nothing? Not if one does the maths and realises that this year is not like…

Crisis upon crisis

The state of the economy of any country is determined through its Gross Domestic Product (GDP). Ever since the PTI government has come into power Pakistan’s economy has been on…

The year of living anxiously

2020 was a devastating year for Pakistan as for the rest of the world. The year of the pandemic disrupted lives everywhere and tested people’s endurance and resilience. As elsewhere,…

Tackling inflation

RECENT inflation data is worrisome. After months of a tight monetary stance and a contractionary fiscal policy, a bounce in already elevated inflation has placed a crushing burden on households,…

Monopolies and markets

One frequently reads or hears about the need for the structural transformation of the economy by means of which the institutions or people advocating such reforms usually emphasise changes in…