Governance in ESG context
The Global Risks Perception Survey 2022-2023 (GRSP) administered by the World Economic Forum captured the top 10 risks in the two-to-five-year landscape. With regards to environmental risks, the GRPS’s results…
Moral economics
In an age of economic disparity, social unrest and climate volatility, the concept of ‘moral economics’ is no longer an abstract philosophical ideal but rather a pragmatic response to a…
Mission-oriented governance
‘The Federalist Papers are published following the Constitutional Convention. …The papers, particularly those written by [Alexander] Hamilton, recognize that the state creates economic conditions; it does not merely react to…
Monetary policy and economic ground realities
In its most recent monetary policy statement (MPS), released on September 16 by State Bank of Pakistan (SBP), the policy rate has been kept unchanged at 11 percent due to…
Good governance remains elusive
There is a widespread perception that in Pakistan there are a plethora of very well researched papers but gathering dust in government offices, penned by sector experts (domestic and international)…
‘Economic Resilience Act’ — II
Within economy, relegation of Ministry of Finance (MOF) to purely financial matters, and instead forming a ‘Ministry of Economy’ (MOEC) as the main ministry for the overall economic policy. Moreover,…
Austerity, current account surplus, & economic resilience
Recently, the Prime Minister reportedly lauded economic performance with regard to country achieving current account surplus. In a developing country, which is facing gross external financing requirements on average of…
Rewriting Pakistan’s economic destiny
There comes a time in a nation’s history when mere survival ceases to be a virtue and becomes a verdict. When continuity without reform is not resilience, but retreat. Today,…
Climate governance hurdles
THE preventable deaths of about a dozen tourists in River Swat have shown how Pakistan continues to grapple with the devastating impact of climate vulnerabilities. Climate risks are interprovincial and multi-sectoral. There…
Economic realities and export
While macroeconomic indicators have achieved feeble stability over the past year, on-the-ground conditions remain as hopeless as they were a year ago. There’s abundant rhetoric about increasing exports, but it’s…
