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…
For five long days, we watched with bated breath as five honourable judges of the Supreme Court conducted inquisitorial proceedings on the suo-motu notice they had taken on the government’s…
When a gruesome six-minute video of Ukrainian soldiers shooting and torturing handcuffed and tied up Russian soldiers circulated online, outraged people on social media and elsewhere compared this barbaric behavior…
Taxes are share of state in income, production and consumption and never liked by individuals or corporate bodies. However, they have very important role in economic development and income redistribution.…
A comment on the Historical Pact coalition’s million-vote plurality overflowed with enthusiasm: “June 19 will be remembered [in Colombia] as a day of the people and will be a moment…
Pakistan’s 75th Independence anniversary has just passed. As usual, the day produced much flag-waving and exhortations regarding how we live in the most wonderful country on earth. For the rich…
The State Bank of Pakistan’s (SBP’s) monetary policy is normally a hot topic amongst the investment community and at certain points in time it receives broader media coverage as well.…
IN the decades following World War II, US and European policymakers came to believe in the modernisation theory that held that the march of progress was unilinear and irreversible for…
In his 1992 book The End of History and the Last Man Fukuyama argued that following the end of Cold War liberal democracy and capitalism were here to stay. He…
Overall inflation, compared to similar previous months of FY18, has been inching up from 5.1 percent in September 2018 to 9.4% in March 2019. For the ninth month period of…
