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Francois Hollande, A President Under Siege

Francois Hollande, a president under siege

Taking over the French presidency in the midst of the worst economic crisis in decades was never going to be a bed of roses. Francois Hollande himself had predicted as…

Prior Actions And The IMF

Prior actions and the IMF

It`s entirely correct and appropriate for the interim government to hew to a minimalist line. They are right to eschew any deals with the IMF and leave such policy decisions…

Challenge Of GDP Growth

Challenge of GDP growth

Lacklustre  economic growth and large fiscal and external imbalances (with declining rates of growth also contributing to poor growth in revenues) have made macro-economic management a challenging task. Still-high inflation…

Combating Financing Of Terrorism – II

Combating financing of terrorism – II

Appraisal of global and domestic initiatives: Since the tragic event of September 11, 2001, the United States and its allies have been engaged in what they call 'war on terror'…

The Significance Of May 11

The significance of May 11

May 11 is not far away at all now. In fact, it lies just around the corner and, naturally enough, campaigning is on in earnest – with tickets allotted and…

The Myth Of May 11

The myth of May 11

Some commentators, who are perfectly rational and do not believe in such esoteric things as numerology or the relevance of dates, have – nevertheless – observed that May 11 has…

PPP Or PML-N?

PPP or PML-N?

There’s a severe balance of payment crisis; the SBP is running out of dollars. As a consequence, international investor sentiment is negative. Fiscal indiscipline – the difference between government revenue…

The ESCAP Survey

The ESCAP survey

The United Nations Economic and Social Commission for Asia and Pacific (ESCAP) launched its flagship document – the Economic and Social Survey of Asia and the Pacific 2013 (hereafter survey)…

Pakistan’s Economy – I

Pakistan’s economy – I

Alongsides is the first part of a three-part series by an economist who has reflected on his more than half a century involvement with the country's economy. Pakistan has had…