Developing media for economic development
While plenty of media development work has been done, its scope has been rather limited. At one end, media schools at different universities across Pakistan have focused on the vocational…
Monetary-fiscal history of Latin America: lessons for Pakistan
Pakistan today suffers from significant macroeconomic instability, high inflation, a currency crisis and a risk of a sovereign bond default. However, the underlying issues which have caused its current crisis…
Taxation beyond revenue
The Federal Board of Revenue earlier announced having successfully exceeded its revenue collection target for the month of November -- and hence having collected surplus revenue in the first five…
Staying alive
It is hard to envisage a worthwhile developmental effort without a country developing its own strategies, executing them, taking wrong turns and mending course when required. Sadly, such an effort…
Calamities, debt crisis, growth: prospects — II
H istorical precedents show the many ways in which various sectors of the economy do this. As rising debt causes a widening gap between demand and supply, economic agents understand…
Calamities, debt crisis, growth: prospects – I
Natural disasters such as floods can have detrimental effects on growth as they depress both supply and demand, and require substantial resources to mitigate the negative consequences for economic activity.…
Shocks and Pakistan’s economy
‘We are living in a time of overlapping emergencies: the pandemic is not over, climate change is a reality, and geopolitical stability has reached a nadir. This requires us to…
Policy imperatives for equitable growth and human well-being
No doubt, the current account deficit has tremendously narrowed down on the back of drastic decline in imports. That allows build-up of reserves and so does the increase in portfolio…
Hot money and high interest rates: trade-offs?
Since the beginning of March’20, Pakistan’s economy witnessed three economic disturbances and one expected policy revision: a) net outflow of US$ 1.3 billion from treasury bills (dubbed as ‘hot money’)…
CCP slumbered whilst consumers short-changed?
The Competition Commission of Pakistan (CCP) was established, in October 2007, with the objective to “maintain and enhance competition.” This brief, simple mandate is enshrined in the preamble of the…
