Recently, affected by the international political and economic situation, there were some voices expressing concerns about the economic prospects of China. In fact, China enjoys several distinct advantages: a socialist…
We are living in an era of ‘corridorization’, ‘economic corridor’ being the new buzzword. The proponents of these ‘corridors’ claim that they are vital for increasing regional connectivity and trade.…
‘The world is facing numerous extreme, interlinked challenges, including a climate emergency and growing economic inequalities between and within countries. Tackling these problems requires funds to flow in the right direction,…
Since around September 2021, and especially since April last year, economic stress has come to Pakistan from a number of sources. First is political instability for many months now, which…
When OPEC+ made a surprise decision earlier this month to cut oil production, President Joe Biden responded with the political equivalent of a shrug - a far cry from his…
China’s push to revive the economy this year by increasing infrastructure spending while warding off financial risks is facing headwinds from massive local-government debt, which is more than $9 trillion…
From CNN to the Washington Post, US media are facing tough times, as a series of outlets have announced layoffs this winter amid fears of an economic downturn. Vox Media,…
A global economic slowdown will force more workers into accepting lower quality, poorly paid jobs in 2023, while inflation gobbles up real term wages, the United Nations warned Monday. As…
Pakistan is currently teetering on the brink of economic collapse. The recent floods have only added to this dire situation, and the loss to our economy has been unprecedented. We…
In its policy prescription, the International Monetary Fund (IMF) has been pushing Pakistan for adopting procyclical policies, that is, asking the country to cut spending, raise policy rate, and increase…
