World economies
Oil-dependent Arab states will be hurt as the global economy slides into recession, but a huge windfall accumulated over the past few years from oil sales will help them minimise…
Oil-dependent Arab states will be hurt as the global economy slides into recession, but a huge windfall accumulated over the past few years from oil sales will help them minimise…
I have used the ‘perfect storm’ metaphor before in these pages but that was always in the economic context. I have argued on several occasions that the Pakistani economy has…
High deficits, inflation and shrinking investment attenuate the capacity for policy intervention to raise Pakistan’s economy from stagnation. How then can countercyclical action be undertaken, of the size and sustainability…
In an interview in an English newspaper on December 2, Finance Minister Dr Hafiz Sheikh painted a picture of the economy that does not even remotely resemble the economic conditions…
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,…
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…
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…
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…
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…
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…