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Are more judges the answer?

The 1950s were a golden era for the American automobile industry. The advent of new technologies, the maturation of mass production techniques and an increase in consumer purchasing power catapulted…

Fall in industrial production

The estimate of the 0 of Manufacturing (QIM) for the month of July 2023 has recently been released by the Pakistan Bureau of Statistics. The decline in production observed in 2022-23…

The secret of India’s success

Pakistan today stands at the precipice of a huge disaster. With rampant corruption under the guise of democracy, the dreams of Iqbal, Jinnah and the people who followed them lie…

Learning from China

About three years ago I was conferred the highest science award of China, the International Science and Technology Collaboration Award by President Xi Jinping at a special ceremony in the…

Salvation lies in structural reforms

Pakistan’s persistent economic failures, amongst other factors, are the result of constant disregard of the Constitution by the powerful elites, who are not ready to give up unprecedented benefits, enjoyed…

Sinking revenues and IMF conditionalities

The International Monetary Fund (IMF) and Pakistani authorities have been unable to reach a staff-level agreement after a week-long discussions on 9th Review. Reportedly, Pakistan having broadly agreed to all…

The scourge of ‘ON’

Where other countries have graduated their automobile industry from assembling to manufacturing, and progressively moving up the value chain, the hallmark of Pakistan’s industry is “ON” money and the booking…

Innovation for prosperity – Part II

The manufacture and export of innovative high-tech products must serve as the key pillar of our economic growth. There are huge opportunities available in almost every sector. Let us consider…

Innovation for prosperity

Countries making rapid economic strides have their primary focus on innovation to create the ecosystem abilities so that they are able to manufacture and export high-tech goods. Unfortunately, Pakistan has…

India’s economy at 75 : Part – II

India’s success factors may be many but three salient features need emphasis. First, Indian entrepreneurs are dynamic, vibrant and innovative. They even used the socialist economy regime of control and…