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Commercializing Pakistan Railways — I

Pakistan Railways (PR), a State-Owned Enterprise (SOE) under the Ministry of Railways (MoR), which has been working as a natural monopoly has not been able to pay adequate attention to…

Commercializing Pakistan Railways — II

A ‘line-of-business’ structure is generally adopted by commercial railways to align markets in the rail industry towards achieving utmost customer- both passenger and freight related- satisfaction. Under this structure, while…

A regulatory framework for Pakistan Railways – III

Regulation is basically done through tools called ‘regulatory instruments' where it is essential that proper mandate in this regard is provided in the underlying legislation that establishes the regulator of…

The fantasy of Uraan Pakistan

Pakistan’s history of economic planning is a tale of lofty ambitions, impractical promises, and recurring disappointments. The recently launched Uraan Pakistan, envisioned as a five-year National Economic Transformation Plan, is…

Pakistan must change direction

Pakistan’s persistent failure to develop a strong economy and combat growing poverty stems from incompetent governance accompanied by massive corruption at the highest levels, leading to economic collapse, and bringing…

SOEs in Pakistan, India, and Bangladesh

State-Owned Enterprises (SOEs) are a common feature in the economic landscapes of developing countries such as Pakistan, India, and Bangladesh. The performance of these SOEs has been a topic of…

Can Pakistan manage modernity?

Pakistan, like most of the Muslim world, is faced with the existential challenge of modernity. The challenge was initially posed around the beginning of the 19th century when the Islamic…

CPEC — a game changer for Pakistan

The China-Pakistan Economic Corridor (CPEC) project since its launch on April 20, 2015, by President Xi Jinping during his visit to Islamabad has become a topic of much discussion and…