The economic challenges of Pakistan are appallingly enduring, and unless we effectively address fiscal discipline issues, expand our tax base, and eliminate resource wastage, the country’s economic stagnation is likely…
In January 1990, tensions in Kashmir allowed the BJP to capitalize on it to fan its extremist agenda. Immediately after coming to power, the VP Singh government introduced the 62nd…
Among those who were stunned by a bit of unexpected news travelling from Bahawalpur on the afternoon of Aug 17 in 1988, some might recall the emptiness that the sudden…
The political economy of Pakistan is shaped by a complex interplay of formal rules and informal deals among elites. It has become important to explore the role of political connections,…
No economic variable captures the popular imagination in Pakistan more than the exchange rate. After Pakistan moved from a fixed to a flexible market exchange rate in the summer of…
Pakistan’s economy has been facing a number of challenges in recent years, including low growth, high inflation, large fiscal and current account deficits, and declining foreign exchange reserves. Despite various…
Given its brittle balance of payments position and urgent need to boost industrial production, Pakistan must progressively increase its mobilization of foreign resources; and that is not just an argument!…
A year since Iraq’s last elections, it remains without not only a new government but a budget too, obstructing much-needed reforms and infrastructure projects in the oil-rich but war-ravaged country.…
The exchange rate is a crucial component of trade and a dynamic macroeconomic determinant. The trade balance is impacted by exchange rate fluctuations. The growth process is slowed down as…
Argentine President Alberto Fernandez is looking for a political solution to the country’s economic crisis with his appointment of a long-term politician as a new “super minister,” analysts say. The…
