Financial crisis, social unrest and reform
The December 22, 2008 issue of Newsweek featured an article on the downside of Chinese state reform. Entitled ‘Why China is too scared to spend’, the article drew attention to…
Migration crisis
Top officials of 11 Latin American and Caribbean governments met October 22 in Chiapas, Mexico to deal with the flood of migrants heading to the United States. There was agreement…
‘Crisis resilient urban futures: The future of Asian and Pacific cities 2023’
Cities have always been dynamic hubs of culture, education, economic growth and opportunity, and most importantly, centres of social interaction attracting residents and visitors alike. It is no surprise then…
Handling the energy crisis
The relentless rise in electricity prices in Pakistan has taken a severe toll on domestic consumers, large-scale manufacturing, traders, and small and medium-sized enterprises (SMEs). The situation has reached a…
Heavy indebtedness & power sector crisis
In terms of new commitments, the Government of Pakistan signed new agreements, worth USD 7,228 million, during the period under review. These commitments comprised financing agreements signed with foreign commercial…
A perpetual identity crisis ( Part – II)
Indian scholar Homi K Bhabha’s analysis of ‘mimicry’ seems more realistic. The argument that mimicry has an element of menace that disrupts the authority is also true. All leaders who…
Global economic crisis: Neoliberalism, debt sustainability, SDRs, and multilateralism
The global economy is facing existential threats of climate change and Pandemicene crises. The underlying basis for the perpetuation and hastening of both the crises is Neoliberalism. Here, it needs…
US debt ceiling crisis dogs Biden at G7
The sight of a tired-looking top White House domestic policy adviser in a Hiroshima hotel said it all: President Joe Biden may be on the other side of the world…
SDR allocation, monetary tightening, inflation, and banking crisis
While the International Monetary Fund (IMF) continues to not provide a much-needed special drawing rights (SDRs) allocation, and instead pushes countries, including Pakistan, under its programmes to adopt austerity and…
‘Great misery’: Kuwait political crisis drags down economy
A seemingly never-ending political crisis is plunging oil-rich Kuwait’s economy into the mire, affecting basic services and causing mounting public concern. Despite its large oil reserves, hospitals and educational services…
