The Wal-Mart lesson
Reformists argue that at a time when the Indian economy is experiencing a slowdown, with growth headed below six per cent, and the Indian rupee tumbling over the last month,…
Are polls the solution?
What is our real problem? Answer: “It’s the economy, stupid.” (The phrase was first used by Bill Clinton’s campaign team during their successful 1992 presidential campaign.) Within the Pakistani economy…
First quarter fiscal year 2009-10
Real Sector: After several months of output decline/sluggishness, the real sector of the economy - large scale manufacturing and exports, in particular - is signalling an incipient recovery. -- Production…
Identifying top place where corruption resides
Measuring corruption accurately is just not impossible. Economists have used indirect mathematical tools to come up with guesstimates. It is irrelevant whether corruption in Pakistan is to the tune of…
It’s all a myth
Whether it’s induction or dismissal of a government, macro-management of the economy, Pakistan’s joining or opting out of an alliance, or its deployment or withdrawal of troops – all important…
For expansion of exports
At present, the economy is growing at a very slow pace with a high rate of inflation and a deteriorating balance of payment situation. On the external front, the country…
Critical disconnect
Left to themselves to compete in open global economy, Pakistani exporters have largely been fighting this battle by their own entrepreneurial skills – without meaningful support from relevant government agencies.…
Irrelevant economists
A large majority of economists in Pakistan are completely irrelevant to issues related to Pakistan’s economy. This is not to deny that they are exceedingly well-trained or well-qualified. They have…
Economic strategy in abnormal times
These are abnormal times. How else should one describe the confluence of several crises re-enforcing each other and generating an acute crisis of state and society. The insurgency in the…
Save the sinking ship
So preoccupied are we with political, security, military and foreign policy matters these days that the leadership has almost forgotten that the real threat to survival is the fast-deteriorating economy.…
