Undo neo-liberalism
‘This nation asks for action, and action now’ – Franklin D. Roosevelt As a government that came on the slogan of ‘change’ of the magnitude of ‘Tsunami’ completes two years…
The missing role of government in markets
The extractive institutional design, perpetuated under the garb of neoliberal thought process and created by the collusion of the politico-economic elites, limited the role of government in markets. This they…
CCP’s order in sugar industry case: a critique—II
Hypothetically, information exchange between competitors can either be simply a means to monitor compliance with a previously concluded anti-competitive understanding, agreement, or practice, or alternatively, it could, in and of…
Monthly reporting by MoF: good practice
The Ministry of Finance (MoF) has started a very good practice since March 2020 of preparing a monthly report with the latest economic update and outlook. The Economic Adviser’s Wing…
Balancing act needed
The balance of payment and inflation worries have started surfacing again. However, the important point to note is that the economy is not overheated – unlike 2017-18. In some sectors…
Politics and Bretton Woods institutions
‘The “Doing Business” controversy has shaken confidence in the World Bank and the IMF. But it must not obscure the real problems with the Bretton Woods institutions: the disproportionate power of…
‘Ministry of Economy’
The Advisor on Finance reportedly indicated that the economic team would be formulating a holistic roadmap for the economy, in which goals for all economy-related ministries/departments will be set and…
Budget and GDP growth: export-led and bottom-up
Prime Minister Imran Khan in his speech in the parliament on the last day of the fiscal year highlighted that economic growth model for the country being followed is an…
Questionable IMF projections
The Staff Report of the IMF on the second to fifth reviews under the Extended Fund facility to Pakistan has just been released. This is an important document as it…
Issues in farm economy and related markets
‘Before the coronavirus outbreak, food insecurity was already a severe problem. More than 820 million people – one in every nine – do not have enough to eat. Of these,…
