The two revolutionaries
Destiny has seldom been that generous to any other nation. Just when Pakistanis were crying out for a glorious leadership to bring about a metamorphosis in their fortune, not one…
The upside-down pyramid
We have all probably, at one time or another, seen a toddler stack one of those pyramids consisting of a rod and triangular or circular pieces to string onto it,…
The challenge of autonomy
July 1, 2011 was designated as the Day of Provincial Autonomy upon the transfer of ministries and mandate of the erstwhile concurrent list to the provinces, in light of the…
Public debt: then and now
Federal Finance Minister Ishaq Dar never tires of comparing the performance of key macro-economic indicators during the five-year tenure of the PPP-led coalition government with his own one year's performance.…
The promise of Pakistan
Like a gift that keeps on giving, with startling regularity the government has shared some good news with us. Foreign reserves have climbed, exchange rate strengthened, next generation telecom licences…
Anatomy of a budget
John Maynard Keynes once famously stated that instead of seeking to balance the budget, the government should balance the economy. What the celebrated economist meant was that the budget, being…
Politics poses biggest risk to eurozone endurance
With the euro zone bond market back to irrational exuberance and economic growth returning slowly if unevenly, politics rather than economics now poses the biggest threat to the long-term endurance…
BJP is in, what next?
After 30 years, Bharatiya Janata Party (BJP) has again won the majority in the lower house of India's parliament and Narendra Modi will soon be sworn in as the new…
Franco-German show of unity masks policy divide
When leaders need to go out of their way to show the world they are united, it is usually a sign that all is not well. Ruegen, a windswept island…
Denying the ground realities
As expected, the government responded promptly to Dr Hafiz Pasha's views expressed recently in a seminar on the woes of the economy because distortions pointed out by unbiased experts strengthen…
