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Trade conundrum: who is at fault?

The July 2023 trade data indicates an improvement in the trade deficit – from negative 1.863 billion dollars to negative 1.607 billion dollars, a positive trend that was touted by…

Building back global trade

Ever since May 2023, when the 14-member Indo-Pacific Economic Framework (IPEF) reached an agreement on strengthening the resilience of global supply chains — a crucial aspect of the framework’s second…

Trade winds: On falling exports

The export figures for the eleven months of fiscal year 2022-23 are very disappointing. We had got used to export growth of over 20% in USD terms over the previous…

Terrorism and drug trade

Today (June 26, 2023) marks the International Day against Drug Abuse and Illicit Trafficking. This worldwide observance was decided by the UNGA in 1987 to raise the level of awareness…

Rethinking trade

Pakistan’s trade policy plays a key role in integrating the country into the global economy through global value chains (GVCs). The analysis of Pakistan’s export dynamics – differentiating between direct…

Huge global economic policy challenges

‘The world is facing numerous extreme, interlinked challenges, including a climate emergency and growing economic inequalities between and within countries. Tackling these problems requires funds to flow in the right direction,…