Why not land reforms?
Some political parties are promising to create a new or naya Pakistan, others are promising to go back to the Pakistan that had originally been dreamt of. But all are…
Pathways to growth
On the whole, political parties have revealed little in their manifestos of what economic philosophy will govern their policies once in power — will it be the path of liberalisation,…
Combating financing of terrorism – II
Appraisal of global and domestic initiatives: Since the tragic event of September 11, 2001, the United States and its allies have been engaged in what they call 'war on terror'…
Of IMF and things to come
There is no use in avoiding the obvious - it is best that we as a nation reconcile ourselves to the fact that another IMF programme is inevitable. If there…
Pakistan’s economy – II
Lessons of experience Positive policy actionsThe above brief economic history narrative suggests several points. Political leaders, both civil and military, have had a major impact on the course of economic…
Towards TARP-II?
In the beginning it was tax evasion, and then became rampant corruption and eventually mafias took over, making the FBR irrelevant in most of the sectors-Ali Arshad Hakeem, Chairman FBR.…
Conclusions and policy recommendations: Privatisation paradigm
Privatisation should not be pursued as an ideology, as in modern economic theory and policy there is no room for dogmatism. After the Great Recession of 2008, the neo-liberal school…
The real tragedy
The Finance Division has released its "Year Book 2011-12" which, besides citing heavy line losses, incomplete corporatisation, weak governance, costly fuel mix, and delays in bill payments, points to partial…
FX & Gold -weekly outlook – February 18-22: A weak yen policy provides comforting space to China
At the end of week market focus shifted towards the meeting of the G7 and later to the G20. The draft statement did not offer too much to the market…
Agenda for the nation 2013 and beyond-III
Over the past five years, extremely bad governance wrought with corruption and compromise in the name of continuity of democracy has brought the country to a disastrous point. This has…
