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Pakistan in the new innovation economy

For the last three decades, the world has seen exponential increase in capital formation through formation of idea-based enterprises by some crazy young enthusiasts who dared to think different, challenged…

Privatizing Pakistan Steel

The Pakistan Steel Mills (PSM) corporation’s story presents classic case studies, both on why state-owned enterprises (SOE) fail, and why compromising transparency backfires in the privatization process of SOEs. Pakistan…

Pakistan’s Future: Innovation

Pakistan’s future: innovation

In this knowledge-driven world, only countries that invest in their real wealth – their children – can progress. Others are relegated to the fate of beggars and borrowers, living on…

Pakistan Exchange Traded Derivatives

Pakistan exchange traded derivatives

Karachi Stock Exchange, most traded local bourse of Pakistan, currently offers equity future products as sole leveraging and hedging tool. Despite being only leveraged product, the activity in stock and…

Is There A Private Sector In Pakistan?

Is there a private sector in Pakistan?

The private sector is defined as that part of the economy that has no concern with the public sector and moves independently of the government support or control. The corporate…

What Friends Say About Pakistan In Private

What friends say about Pakistan in private

Pakistan remains “an army in search of a country,” according to French President Nicolas Sarkozy’s Diplomatic Adviser. The condescending characterisation, made to former US Ambassador Richard Holbrooke and US Ambassador…

Is There A Private Sector In Pakistan?

Is there a private sector in Pakistan?

Pakistan has been taken for a ride by the international agencies. The obvious answer lies in how they have been dictating policies since Ayub. Were we worse off or better…

Privatization plans

International Financial Institutions (IFIs) persistently prescribe privatization as a panacea for developing countries including Pakistan. But economic reforms and privatization are scary terms in Pakistan. It is worth noting that,…