SOEs, fiscal discipline & reforms
Despite a wave of privatization in the last 3 decades, SOEs still contribute significantly to the economic growth of both developed and developing countries (Robinett 2006). For example, SOEs account…
Imagineering implementation of energy reforms-VII
Pakistan requires sustained GDP growth of 7-9% for 30 years. For that, by 2030 Agriculture will need to achieve 6% growth and its contribution to GDP be 35% and tax…
Energy sector reforms: Earnest intentions for structural changes necessary – V
Expanding the thought process 1. Proven integrated model of K-Electric needs to be replicated in other power DISCOs and also in GAS DISCOs instead of repeating unsuccessful concept of privatizing…
Energy sector reforms
Our fiscal space is wafer thin. The economy is starting to pull back from a precipice. The International Monetary Fund (IMF) Staff-Level Agreement (SLA) is around the corner and has…
Structural reforms
Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the…
Stimulate vitality of railways to build China’s strength in transportation
Since the 18th National Congress of the Communist Party of China (CPC), the CPC Central Committee with Comrade Xi Jinping at its core has attached great importance to the work…
Reforms: institutional impediments [Part – III]
The reason for the kind of political behaviour exhibited by elected representatives has to do with the incentive structure under the present voting system. MNAs and MPAs owe their election…
Karachi’s ill-fated Circular Railway
The Karachi-walas of the 1960s and '70s recall with joy their travel to works and for leisure by the Circular Railway. This mode of travel with dignity and comfort was…
Improving the railways
It has been a few days since 65 innocent citizens of this country lost their lives to a senseless train accident in Ghotki. The collective amnesia is about to set…
Economic reforms: Part-XXXI
At the outset of this series, we had explained that economic reform essentially means bringing the values of economic variables to a well-established notion of ‘natural state’. Ideally, this natural…
