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The national security challenge

The national security paradigm revolves around the security of the state. However, the concept of state security has undergone a significant transformation in the modern era. Economic security has, to…

The salvation of capital

The ongoing trade war between major global players and some important states has raised vital questions about the hegemony of global powers. The US, China, the EU, and other states…

Trump’s economic nationalism

Right-wing populist Donald Trump’s decisive victory in the 2024 US presidential election is expected to fuel a resurgence of economic nationalism in the US. The 21st century has witnessed a…

Political capitalism

THE last couple of years have witnessed a series of changes to decision-making structures of Pakistan’s economy. These include the creation of the SIFC, the centralisation of economic governance, and greater…

Capital suggestion: Lost in time

Pakistan finds itself embroiled in a national debate centred on the Supreme Court's composition, while the world outside of Pakistan is focused on Artificial Intelligence (AI). Pakistan finds itself embroiled…

Capital suggestion: Authority structure

The Pakistani state's ‘authority structure’ is characterized by two key features: the significant influence of the military and the federal system. Historically, the military has played a prominent role, often…

Capital suggestion: Beware the apps

Malicious state (read: India) and non-state actors are strategically exploiting Facebook, YouTube, WhatsApp and Instagram to disseminate content designed to induce negative emotional states, foster feelings of depression, and propagate…

Capital suggestion: China or US?

The geopolitical rivalry between the United States and China is intensifying. For Pakistan, this intensification is reducing the scope for neutrality. Consequence 2: Both powers are likely to increasingly seek…

Capital suggestion: East or West?

Fact 1: As of July 12, the State Bank of Pakistan's (SBP) net liquid foreign exchange reserves stood at $9.4 billion. Fact 2: Over the next five years, our gross…

Moving the capital back to Karachi

To save Jinnah’s Pakistan, voices are being raised to move the capital back to his city from where the journey had started. Shabbar Zaidi, the taxation wizard, recently forwarded this…