Economic policy choices beyond immediate crisis — III
The part-II of this series highlighted limits of monetary policy and the need for fiscal policy to take the main load of regenerating growth in the economy as the multiplier…
Global economic growth woes in the midst of pandemic
“The COVID-19 crisis has been a brutal reminder that, for all of our wealth and technological mastery, we are still vulnerable to catastrophic tail risks. To ensure future prosperity, we…
A new economic model
The Covid-19 pandemic posed unprecedented challenges to Pakistan’s economy and exposed the vulnerabilities of the current growth model of Pakistan based on brick and mortar. The Omicron-driven fifth wave has…
SBP’s economic outlook
The latest Monetary Policy Statement of the SBP was released a few days ago. The Statement is positive in nature. Apparently, ‘business confidence and the outlook for growth have improved’.…
On geo-economics
This article examines the idea of geoeconomics, its offensive deployment against Pakistan, and how a defensive response can be organised. Conceptually, geoeconomics encapsulates one premise and two recommendations. By the…
Long Covid’ and deep economic recession
Covid-19 has left many patients with debilitating symptoms after the initial infection has cleared. This is “long Covid”. What is true of health is likely to be true of the…
Need for ‘green economic recovery’
For a while in the early stages of the Covid-19 pandemic, there were high hopes for a V-shaped recovery. After a brief but sweeping lock down to stanch the spread…
The costs of Erdogan’s fight for Turkey’s ‘economic independence’
Turkey’s consumer prices have soared by the highest rate since 2002, further undermining President Recep Tayyip Erdogan’s unorthodox battle for his developing country’s “economic independence”. Analysts attribute the jump of…
Extent of economic recovery
Economy had plummeted during the peak period of the spread of COVID-19 from March 2020 to June 2020. Thereafter, there has been a process of it revival of economy. The…
Economic policymaking
One casualty of the fall of the Berlin Wall in the 1990s has been ‘economic policy’. It does not mean that ‘Economic policy’ is not required or it has become…
