Portugal seeks leniency from creditors as pressure grows
Pressure is mounting on the Portuguese government to drop its austerity policies just as experts from the European Union and the International Monetary Fund are in Lisbon to assess Portugal's…
Conclusions and policy recommendations: Privatisation paradigm
Privatisation should not be pursued as an ideology, as in modern economic theory and policy there is no room for dogmatism. After the Great Recession of 2008, the neo-liberal school…
Trading profit
If everybody produced the same things, trade would be limited to raw materials. While the smirking laymen is indulged, economic pundits can hardly challenge the afore-stated assertion as baseless. In…
Agenda for the nation 2013 and beyond-III
Over the past five years, extremely bad governance wrought with corruption and compromise in the name of continuity of democracy has brought the country to a disastrous point. This has…
SBP needs to adopt a new policy mix
The MPS is being announced later today and it should make for an interesting read. In the prevailing policy paralysis due to election considerations, the absence of a Finance Minister,…
Global offshore money maze
All responsible governments in recent years have shown commitment to retrieving looted money by their citizens, but in Pakistan the PPP-led government during its five-year-tenure (2008-2013) acted as the main…
An interesting crossroads
The phrase ‘may you live in interesting times’ is a Chinese curse heaped on an enemy. Frederic Coudert quotes an unknown British diplomat in 1936: “No age has been fraught…
Is Pakistan sinking?
The question of Pakistan’s viability as a state is at least as old as the country itself. Recently a sobering article written by a former American ambassador to Pakistan has…
‘Power tariff hike’
Please refer to your editorial on the above subject (April 3) which covers the difficult subject of Power Tariff evaluation. Your quoted costs of power production do not seem to…
Investors wary of ‘slow panic’ on growth after Cyprus rescue
World markets have reacted calmly to the twists and turns of Cyprus's financial rescue in the last fortnight but many investors fear the economic fallout is yet to come. They…
