The economic malaise
Pakistan today faces the worst financial crisis in its 75-year history. This is attributable to both long-term trends and more recent developments. The former is primarily the path of accumulation…
Time for ‘radical’ and fast-paced economic reforms–I
Just as the intellectuals have proposed ‘radical’ reforms in the area of governance and decentralization, there is a set of ‘radical’ structural economic reforms that need to be involuntarily imposed…
Resetting foreign economic relations : Part – III
Gulf States: Pakistan has enjoyed very friendly relations with the Gulf States. The first generation of Emirates rulers were very favourably disposed towards Pakistan as they received a lot of…
Political economics
The ongoing political protests and marches organized by opposition political parties and interest groups against the government have started a new wave of demonstrations and rallies, with the government public…
Economic challenges
The ousted PTI government, claiming that it had inherited an economic mess, has left behind a situation bordering on disarray. Two headline variables indicative of the seriousness of the economic…
Economic prospects of Gilgit-Baltistan : Part II
Community organizations have built bridges, irrigation channels and other small infrastructure projects at much lower costs as they participated in the supply of labour and land parcels for these projects.…
Roadmap to economic recovery [Part – IV]
Recent news has kept us stirred up with the ups and downs of our deal with the IMF. We are at a stage where taking on debt, not for a…
Economic indicators in July 2022
The first month of 2022-23 which has just come to an end presents a mixed picture. Perhaps the most positive development is the big containment in the trade deficit during…
Global economic players’ dismal policy action
International Monetary Fund (IMF) recently released the July 2022 update of one of its flagship reports ‘World Economic Outlook’ (WEO). The title ‘Gloomy and more uncertain’ of the report for…
The politics of economic policies
Prime Minister Shehbaz Sharif tweeted on 8 June, two days before the budget was presented in parliament: “coalition government has taken some difficult decisions to stabilize the economy. We didn’t…
