The cost of e-commerce
The e-commerce economy is mushrooming rapidly not only in Pakistan but across the world as well. The Covid-19 pandemic posed many financial challenges for the economies of the world and…
Kenya clashes and Bolivia’s failed coup show perils of economic hardship
Deadly Kenyan protests that scuppered tax hikes and a failed coup amid fading economic prospects in Bolivia this week are violent reminders of the dangers posed by faltering economies and…
Navigating economic diplomacy–I
Spiraling electricity bills and the resulting unbearable burden on the ordinary consumers has brought the agreements with the IPPs under renewed focus and the entire blame for the woes of…
Countries risk ‘paying polluters’ billions to regulate for climate
An “explosion” of multibillion-dollar claims by fossil fuel and extractive firms through shadowy investment tribunals is blocking action on climate and nature, the UN Special Rapporteur for Human Rights and…
Sovereign wealth funds struggle to turn their trillions to climate finance
Sovereign wealth funds that control nearly $12 trillion in assets are unlikely to quickly dismantle the hurdles in the way of urgently needed increases to their climate investments, even as…
The UAE’s success story
When the United Arab Emirates (UAE) observes its Founding Day on December 2, it will be celebrating an unusual success story in the Arab and Muslim world. The UAE’s population…
Boosting productivity
Productivity, embodied by the contributions of entrepreneurs, managers, and workers, is a fundamental indicator of an economy's health. The United Nations' Sustainable Development Goal 8 promotes enduring, inclusive, and eco-friendly…
World Bank needs to revisit its policy and lending focus
In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the World Bank (WB), just like the International Monetary Fund (IMF) policy thinking, including as highlighted in…
Improving foreign investment climate
‘After a steep drop in 2020 and a strong rebound in 2021, global foreign direct investment (FDI) declined by 12 per cent in 2022, to $1.3 trillion. The slowdown was…
Dealing with recession
WHILE there is no single definition of recession, it is generally defined as a significant decline in economic activity that lasts for months or even years. Most experts declare a…
