Inflation and class war
Joe Biden is relying on the Federal Reserve to choke inflation, rather than instituting any policies to protect workers’ pockets. According to Politico, “Biden declared his ‘laser focus’ on inflation…
Legalizing street business
Pakistan has a large informal street economy occupied by individuals and micro-enterprises called street vendors (SVs), operating primarily in the country’s urban areas. The street economy closely works with formal…
Price stabilisation and extent of tight monetary policy
‘Today American policymakers face a stark choice. Either, they can fight inflation by continuing to hike interest rates to generate unemployment and bring down aggregate demand. Or, they can employ a surgical…
New PM and reforms agenda
Pakistan needs all out fundamental structural reforms in all areas of governance. However, the most important and immediate is political stability — the main challenge faced by the 23rd Prime…
Controlling inflation and financing deficits — I
In April 2020, Intern-ational Monetary Fund (IMF) managing director (MD) had reportedly called the Covid pandemic a ‘crisis like no other’, and a Guardian article ‘We are living through the…
Decay and decline in rebuttals
In this toe-curling period of political, economic and social instability and chaos the interaction between politicians (lookalike clowns) has slithered human pride and dignity to the lowest of levels. Democracy…
What impact will sanctions have on Russia and the world?
Russia’s economy will likely suffer significantly from the raft of sanctions imposed following Moscow’s invasion of Ukraine, despite attempts to reduce its financial interdependence with Western countries in recent years.…
Global economic crisis and Neoliberalism
‘The global multilateral economic system has been stress tested twice this century. The first time was with the 2008 global economic meltdown; the second – with the COVID-19 pandemic. And…
Tough economic decisions & fragile political mandate
Very few people may have actually experienced the moment of helplessness when there is a clash between the need for tough economic decisions and fragile and split political mandate of…
Payment due: Pacific islands in the red as debts to China mount
Just over a decade ago, deadly riots in the capital of Tonga, Nuku'alofa, destroyed much of the small Pacific nation's central business and government districts. Out of the rubble, the…
