For a stable exchange rate
The recent appreciation of the rupee, despite weak fundamentals, is becoming controversial, with the same interest groups first extolling it as an outcome of good financial management and now complaining…
Franco-German thinkers offer Euro-treaty alternative
Do intellectuals matter in politics? To judge by the short-term crisis management and late-night bailouts by governments in the euro zone turmoil of the last four years, it is tempting…
Rebuilding Pakistan’s economy
After eight months of the present Government, and at the time when the second review of the IMF is completed, it is important to look back on what we have…
Egypt investors believe Sisi presidency will bring stability
Egyptian Army chief Field Marshal Abdel Fattah al-Sisi may not look like a model democrat, but foreign and local businessmen believe he can deliver stability to open up investment opportunities…
Trade – devil is in the detail
Presciently and perhaps a dictum acknowledged by most economic pundits in private gatherings, continuing long-term deficits will eventually and most definitely lead to a financial crisis, at which point the…
Is the PPP dying after BB?
Time stops for no one, they say. And so it has continued moving forward since the cruel incident that rocked my very world and that of many others who truly…
Dangerous trends in rural areas
Pakistan is governed in a miserable way. For what our policymakers do not see does not exist. Pakistan is full of self-opinionated anchors and self-opinionated civil servants. Well, all of…
New borrowing tool could make US debt debates less harrowing
When a political impasse last month pushed America to the brink of default, the Obama administration noted with apprehension that it had to borrow vast sums every Thursday. This debt…
Drowned, sinking deeper in debt
Pakistan, drowned deep in debt, is sinking deeper and deeper with each passing moment. The situation, if not remedied on a war footing, will eventually lead the country to an…
Broken back
The World Bank and IMF lureThird World countries into debt traps - extending loans for projects they don't need. Since these countries lack capacity to pay back, lenders demand sale…
