Inflation and M2
While there may be some difference of opinion among economists on the precise relationship between the growth in money supply and the rate of inflation, there is no dispute that…
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…
Economic outlook
Contrary to the claims, assessments and predictions by a number of economists and analysts, the FBR has collected Rs 1590.462 billion against the tax collection target of Rs 1588 billion…
Crumbling finances
Several economists, the State Bank of Pakistan and the IMF have been sounding a warning for quite some time about the deteriorating situation of public finances and its implications for…
No desire to learn
There was a time when Pakistan was the blue-eyed boy of development economists and the World Bank used to cite us as a model of growth led by the private…
Prosperity through inequality?
Economists are generally fond of using curves, graphs, and models. These tools help in explaining economic concepts and theories, sometimes acquiring a dogma-like status with economists. This is also true…
Entrepreneurship as engine of economic development
Not too long ago this was going nowhere. Nobody was willing to buy it, no university nor business school nor institution. Neither the economists nor the policymakers had any patience…
Persistent economic woes
Pakistan remains in the depths of economic gloom and despair while most of the rest of Asia is bouncing back from the slowdown economists call the ‘Great Recession of 2007-09’.…
Why East & West never met
In the tumultuous March of 1970, the Planning Commission convened an advisory panel of economists from East and West Pakistan to provide input to the outline of the Fourth Five-Year…
Saving the economy
We, the economists, are guilty of using economic jargons making it difficult for non-economists to understand the state of the economy. Here is an attempt to use simple language to…
