Economic reforms: Part – VIII
The high hopes wrapped around the revival of a political system and the arrival of a young and energetic leadership have not been fulfilled. We may give any number of…
The high hopes wrapped around the revival of a political system and the arrival of a young and energetic leadership have not been fulfilled. We may give any number of…
Economic notes In the first part of this series that was published last week, we had explained the notion of economic reforms. One of the key messages was that, despite…
Pakistan's federal finance ministers have generally opted for those policies/reforms that are supported by multilaterals/bilaterals that are politically the least challenging - as it facilitates borrowing - or implement outdated…
Pakistan's exports are plummeting not only because demand for our raw commodities and low-value added products in the rich markets has collapsed but also because we lack enough exportable surpluses…
Pakistan's economy needs to grow at an annual average rate of 10-12 percent for at least over a decade for the so-called trickle-down theory to prove its economic viability. Indeed,…
In his budget speech, the Federal Finance Minister's sole explanation (offered repeatedly) for not meeting any of the budgetary targets set for FY16 was the fact that Pakistan was nearing…
The CPEC is not ‘controversial’. Every Chinese and Pakistani citizen knows the importance of this great project. And it is obvious that only an enemy of Pakistan and China would…
An economic force-multiplier encompassing road connectivity, energy, and infrastructure outlays, the China-Pakistan Economic Corridor (CPEC) faces a host of internal and external security challenges. Annunciated by the Chinese President, "One…
It is now nearly a year since the China-Pakistan Economic Corridor (CPEC) has been kicked off amidst apprehensions and protests by the provincial governments about its route alignments. It has…
Policy puzzles are solved solely in the national interest. So be it! As a first step to regain lost dignity we need to follow a foreign policy that promotes a…