Policy-making
The purpose of this paper is to create an awareness about policy-making process and pointing out loopholes of the mechanism, which may lead to greater inequalities in the society. Public…
Policymaking with blindfolds
Earlier this year officials at the federal Ministry of Finance and the Pakistan Bureau of Statistics (PBS) had a disagreement. The disagreement was due to a rebasing (changing the base…
Both IMF, govt need serious policy path correction
The International Monetary Fund (IMF) in its recently-released flagship report ‘World Economic Outlook [WEO] update: inflation peaking amid low growth’ indicated that while the economic growth prospects globally had improved…
China has optimized, readjusted Covid-19 policy Jan 21, 2023
Since January 8, 2023, the Chinese government has optimized and readjusted its Covid-19 policy. China has started to manage Covid-19 with measures against Class-B instead of the more serious Class-A…
2023: year of non-neoliberal, non-austerity, counter-cyclical reform policy
Agreed, Pakistan’s credit default swap (CDS) risk has increased substantially during the current year, that it has a huge financing gap in terms of its loan repayment needs, and that…
Ending the assault of austerity and procyclical policy stance
‘The world is confronting multiple, compounding crises, from Covid-19, energy, inflation, debt, and climate shocks to unaffordable living costs and political instability. The need for ambitious action cannot be greater.…
IMF policy needs a serious rethink
The first major jolt to the International Monetary Fund’s (IMF’s) thinking regarding pursuing austerity policy came in the inability of austerity policy to neither allow eurozone area to reach needed…
Contradictions in economic policy stance and a way forward
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…
Climate policy
The US Environmental Protection Agency (EPA) has launched the Office of Environmental Justice and External Civil Rights. The newly created office will work towards ensuring environmental justice and civil rights…
An underwhelming foreign policy
Has Pakistan fared well in coping with the whole new international relations environment that has been emerging over the past few decades and the challenges and opportunities it presents? The…
