Towards industrial policy 2.0 -Part – II
The foreign exchange earnings from jute exports which originated from former East Pakistan were pre-empted for allocation to industrialists in what was then West Pakistan. A number of observers have…
How to facilitate investment
Since Pakistan’s economy is clearly struggling, and the political leadership across the board is focusing more on the next elections, it is time to review our administrative structures and suggest…
Lessons from Singapore
In my previous articles I provided the way forward for Pakistan by investing in education, science, technology and innovation with the focused objective of becoming a major exporter of high…
Imagineering implementation of energy reforms–Vl
There is no doubt that our energy sector needs to be reengineered to meet the foreseeable challenges in the upcoming decades. This is the key moment to bring about reforms,…
Wall Street push for bank rescues clashes with Washington realities
The banking crisis set off by the swift collapse of Silicon Valley Bank has exposed a sharp disconnect between Washington and Wall Street. Bankers want faster, more aggressive action to…
Investors cautious on US stocks, even though Fed hikes may soon end
The end of the Federal Reserve’s bruising rate hiking cycle may be in sight, yet investors are finding plenty to worry about when it comes to the US stock market.…
Economy: myths and failures (Part – II)
This is the second of this two-part series on the mistaken policies and false beliefs that have plagued our national economy and have been responsible for reducing us to periodical…
Continuity and change
There are quite a few ways to look at the recent developments in the country. One of these ways is to apply the framework of continuity and change to analyze…
Economy: myths and failures (Part – I)
This piece, the first of two parts, is not about the current economic crisis the country faces. Opinions about that are legion and are being expressed everywhere. And as is…
SVB’s lightning collapse stuns banking industry
The rapid unraveling of SVB Financial Group has blindsided the banking industry after years of stability. The collapse on Friday, the largest bank failure since the 2009 financial crisis, had…
