Economic and political instability
‘“Only a crisis — actual or perceived — produces real change. When the crisis occurs, the actions that are taken depend on the ideas that are lying around.” Friedman, one…
Real clear economics
There is much confusion about our economic predicament. Yet, nothing could be clearer. On the security of the wealth and income of present and future generations, governments of Pakistan have…
A self-sufficient economic model
It is time to strike a strategic balance between public and economic health for the maximum economic good of masses at large, especially the have-nots. As such, while extreme physical austerity needs to be…
Public health vs economic health
Focusing exclusively on public health rather than trying to strike a balance between human and economic health, China seems to have succeeded by March 15, in preventing, to a large…
Global economic prospects under Covid-19 crisis
Covid-19 has badly exposed the lack of interdisciplinary approach of mainstream economics – the theoretical basis for widely practiced economic policy, both at the level of most countries and multilateral…
Economic impact and relief package
The Coronavirus has already spread to 199 countries. The worst hit countries have been the EU countries, the US, China and Iran. The consequences are that normal economic activity, both…
Unlocking economic value
In a speech made to the House of Commons a little more than a century ago, Winston Churchill spoke of the significance of land, “It is quite true that land…
Economic policy choices beyond…–II
Part I (Economic policy choices beyond immediate crisis - I) of this series highlighted the fact that the recent monetary policy measures are important and necessary to prevent the economy…
Economic policy choices beyond…–II
Part I (Economic policy choices beyond immediate crisis - I) of this series highlighted the fact that the recent monetary policy measures are important and necessary to prevent the economy…
Economic policy choices beyond immediate crisis — I
The economic policy response to the coronavirus crisis by Pakistan has been significant. On the monetary policy side, the State Bank of Pakistan has taken aggressive action to loosen monetary…
