Asian Century
The high priests of capitalism seem to be in a perpetual state of denial since 2007-08 when the so-called global financial system simply collapsed all of a sudden catching them…
Positive developments
There was great news for science in Pakistan in September 2016 when Thomson Reuters, the world’s leading organisation that provides reliable statistical data on the status of scientific research in…
Some Bangladesh Bank officials involved in heist
Some Bangladesh central bank officials deliberately exposed its computer systems and enabled hackers to steal $81 million from its account at the Federal Reserve Bank of New York in February,…
Hard up miners turn to Asian contractors to help fund projects
Miners who can't get financing for new projects from banks or traditional equity investors because metals prices have collapsed are turning to an alternative source: the engineering and construction companies,…
A fresh look at Russia, Central Asian states
In the ranking of foreign direct investment (FDI) in Pakistan, Russia and Central Asian States (CAS) do not figure out at all. The first three positions continue to be held…
South Korea grabs Google’s first Asian ‘campus’
Google formally opened its first Asian start-up "campus" in Seoul on Friday - a marquee-name nod to South Korea's aspirations as a regional hub for a new generation of tech…
State Bank smiling
In the opening sentence of its latest report, the State Bank says Pakistan’s economy “appears to have turned a corner during the 3rd quarter” of the last fiscal year. Let’s…
Asian tigers and paper tigers
An important new book explains why some countries have become economic tigers in East Asia while others are relative failures or paper tigers. ‘How Asia Works’ by Joe Studwell is…
Growth vs development
Jagdish Natwarlal Bhagwati, professor of economics at Columbia University in New York, isn’t known for modesty or patience towards his critics. In 2004, he got a chair in Indian political…
The making of an Asian tiger
The remarkable economic success of the ‘Asian Tigers’ (South Korea, Taiwan, Singapore and Hong Kong) has long fascinated the world, Asia in particular. The Asian Tigers resurfaced during the May…
