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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…

Owning profit

Whose profits were they?....They arose from the sale of energy products, particularly gasoline, that the American Public had no practical choice but to purchase", extracts from the book, Private Empire…

Economic Space For Women

Economic space for women

At the recent South Asia Women’s Entrepreneurship Symposium in Dhaka, 120 women participants from 11 countries came together to create cross-border linkages between women entrepreneurs and leaders in South Asia.…

Convoluted Expectations

Convoluted expectations

All and sundry continue to protest the lending behaviour of commercial banks and their large `spreads` (the difference between the interest rates on their lending and the interest rate that…

The Worst Is Still To Come

The worst is still to come

With the fifth most turbulent year (2012) in Pakistan’s economic history drawing to a close yesterday, the year 2013 has just begun. Far from being a fresh start, there are…

Withering away of the state

Even before it could take root, the state has been withering away in Pakistan. Its existence, as an entity larger and more encompassing than a government – one of its…

The Economy

The economy

If one were to evaluate the performance of the PPP-led government on the economic front, one would be amazed at the achievements of the present dispensation which, one believes, no…

Development Of SMEs

Development of SMEs

Small and Medium Enterprises (SMEs) are internationally playing a pivotal role in the development of national economies. Well over 95% business units comprise of SMEs. In Pakistan, such units having…