Business exodus deepens Catalan economy fears
Catalonia's independence drive has sent dozens of firms fleeing as doubts grow over the economy of a region that, while one of Spain's richest, is also deeply indebted and dependent…
Between a rock and a hard place
There is debate in the country on whether the four and a quarter year long policy to keep the rupee overvalued will continue because it is no longer sustainable and/or…
Caring for the poor and vulnerable
The Pakistan Institute of Development Economics (PIDE), an official socio-economic think tank has voted for lockdown arguing that vacillation would not be able to contain the spread of the disease…
Time for ‘Great Reset’ of political and economic order
‘We are living in an era of multiple crises: Covid-19; a crisis of economic disappointment; a crisis of democratic legitimacy; a crisis of the global commons; a crisis of international…
The age of geo-economics
Pakistan’s economy needs to grow at an annual average rate of at least 10 per cent of the GDP over the next 10 to 15 years to be able to…
Serious issues in WB’s doing business report
The World Bank should no longer publish its Doing Business index, owing to its flawed design and vulnerability to manipulation. The Bank also owes the developing world an apology for…
Pandemic’s second wave and oil markets
For an industry still heavily scarred by the events of March and April, when prices went into free-fall as widespread lockdowns cut global oil consumption by around a quarter, the…
Understanding Neoliberalism
‘Neoliberalism is the defining political economic paradigm of our time – it refers to the policies and practices and processes whereby a relative handful of private interests are permitted to…
Economic direction and role of government — II
The overall economic policy, including that of the philosophy of Budget, must take into consideration the fact that cutting-off from the trickle-down economics and dismantling elite capture as a main…
Supply issues and difficult oil prices
Oil prices have continued to overall significantly rise since November of last year, on the back of restricted supply of oil agreement by OPEC+ (Organization of the Petroleum Exporting Countries,…
