The International Monetary Fund (IMF) typically imposes a series of conditions on countries that receive financial assistance from the Fund. In general, IMF conditions may include requirements for fiscal austerity…
Compensation structure Civil servants complain about commitment and performance demotivation because their compensation structure compares unfavourably with those in the private sector with similar degree of responsibility and scale and…
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…
Pakistan is currently in economic turmoil, with widespread speculation of a de facto sovereign default. Even though there is many a slip between the cup and the lip, the latest…
Political economists believe that economic growth is important, but it alone cannot help reduce poverty and inequality, marring prosperity, unless the right choices and unbiased selection of priorities are made…
Our civil justice system is marred with so many problems that it is finding it nearly impossible to effectively perform its tasks. There are several major causes behind the dismal…
Little else is requisite to carry a state to the highest degree of opulence from the lowest barbarism but peace, easy taxes, and a tolerable administration of justice: all the…
Pakistan needs all out fundamental structural reforms in all areas of governance. However, the most important and immediate is political stability — the main challenge faced by the 23rd Prime…
Chief Minister of Punjab Usman Buzdar has announced setting up 12 new universities in different districts of Punjab. This decision is being taken to ensure that universities are located geographically…
The reason for the kind of political behaviour exhibited by elected representatives has to do with the incentive structure under the present voting system. MNAs and MPAs owe their election…
