Concerns of the World Bank
An article titled “Economic Turnaround Moment?” has recently been published in the newspaper, Dawn. It has been written by Martin Raiser, World Bank Vice President for South Asia, and by…
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…
It’s a biased world
Gender bias is a pervasive problem worldwide and Pakistan is no exception. Gender biased social norms can be defined as ‘the undervaluation of women’s capabilities and rights in society.’ This…
At the top of Europe’s banks, it’s still a man’s world
Women remain rare visitors to the highest echelons of European banks. The 25 biggest banks by assets have seen 22 changes in chief executive and chair over the past two…
How the world has changed—II
The above (carried in the first part of this two-part article) appears to paint a rather bleak picture of the future for investors. However, in the continuum of human history…
Measuring banking sector competition – I
The following are excerpts from a Working Paper "Measuring Competition in the Banking Sector of Pakistan: An Application of Boone Indicator" authored by State Bank of Pakistan's Mahmood ul Hasan…
Central banks flexing their green muscle for climate fight
Central bankers fighting to save the global economy from the coronavirus fallout are preparing to deploy their firepower in another unprecedented battle - against climate change. The wildfires, floods and…
Suited avatars and digital offices: traders and bankers embrace VR
Once the preserve of gamers, virtual reality (VR) has been seized on by the financial sector as a way of enlivening home working for lonely traders or isolated executives and…
Post-pandemic world challenges
‘For the first time in world history, people around the world are being forced to acknowledge that we all face a shared threat that no country can overcome by itself.…
‘World Economic Outlook’ and IMF’s own performance
The International Monetary Fund (IMF) recently released the April edition of its flagship report ‘World Economic Outlook (WEO)’ titled ‘Managing divergent recoveries’, where it revised upward its earlier projection for…
