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Defining Times

Defining times

This year promises to be an important one for Pakistan. The country has been undergoing rapid changes – an exploding youth bulge, disastrous politics and a virtual break down of…

The World In 2030

The world in 2030

What will the world look like in 2030? Can we predict the future based on current trends? Perhaps, to some extent. However, the United States National Intelligence Council (NIC) has…

Asia – The Next Economic Giant?

Asia – the next economic giant?

Post "Great Recession" rates of output and employment growth in Asia surpassed these rates in all other regions. Asian economies have rebounded strongly and became the engine of growth of…

IMF Mission In Town

IMF mission in town

At the request of the government, an IMF mission is visiting Pakistan to initiate discussion for a three-year bailout programme. As reported in the press, during their two-week stay in…

Pakistan Outlook 2013 – II

Pakistan outlook 2013 – II

The biggest worrying factor is the growing size of domestic and external debt that has risen to Rs 14.8 trillion. Based on the official size of GDP of Rs 19.…

The Monti Option

The Monti option

Pakistan will hold its next parliamentary and presidential elections this year. Many Pakistanis see this first ever completion of its term by an elected civilian government as cause for celebration.…

Pakistan Outlook 2013 – I

Pakistan outlook 2013 – I

Internal factors are surely influenced by combination of political and domestic challenges that have led to a low GDP growth now hovering around 3 percent, with bank lending to private sector…

Why Nations Fail

Why nations fail

Some books should be made mandatory reading not just for Pakistan’s parliamentarians but its power elites. Two relatively recent books deal with a theme I have touched upon extensively since…