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Reko Diq: Technical Knockout?

Reko Diq: technical knockout?

The honourable Supreme Court of Pakistan has finally declared the award of Reko Diq copper project's lease to a foreign joint venture Tethyan as illegal. This almost seals the fate…

2013: The Year Of Innovation

2013: The year of innovation

The past year saw some highs and more than a few low points within Pakistan's telecom sector, as the cellular industry in particular faced various restrictions in the name of…

Our Informal Economy

Our informal economy

According to the growth diagnostics framework I discussed in one of my previous articles, high taxation is one of the potential candidates for becoming a binding constraint to economic growth…

Loss Of Profi

Loss of profi

In the business world, the term "Loss of Profit" is generally associated with the insurance business and relates to a transaction where loss of profit arising from a shutdown of…

ECP Can Make History

ECP can make history

There is now widespread consensus within Pakistan that critical to a well-functioning democracy, and to Pakistan’s stability and progress, is that elected officials must be held to the highest possible…

Jobs For Votes

Jobs for votes

As the story goes, a distant relation of a nawab once begged him for a job. The nawab, in his infinite generosity appointed him head of the treasury. When it…

Our Growth Diagnostics

Our growth diagnostics

"Happy families are all alike; every unhappy family is unhappy in its own way." Leo Tolstoy’s novel Anna Karenina opens with this line. This dictum holds true not only for…

Poor Man’s Justice

Poor man’s justice

Two hundred and fifty-nine people died in the Baldia garment factory fire tragedy in Karachi on Sept 11, 2012. Before this, the highest number of people killed in a factory…

Discouraging FDI

Discouraging FDI

Foreign Direct Investment (FDI) is vital for the health of any economy. For Pakistan's developing economy, considered by foreign investors as a high risk one, FDI is critical due to…

PSEs: A Reform Agenda

PSEs: a reform agenda

Singapore Airlines and Thai Airways are Public Sector Enterprises (PSEs) just like our national flag carrier - the Pakistan International Airlines (PIA). Apparently, the ownership structure of PIA and these…