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The ‘change’ in Iran

There is a sense of deja vu when one looks at the victory of reformist Masoud Pezeshkian in the recent presidential election in Iran. In 2013, another reformist, Hassan Rouhani,…

Some economic advice for the PM

The first thing perhaps that the PM needs to understand is that the over-board monetary austerity – over-emphasis on policy rate to control inflation – is more a cause than…

Export ambitions vs economic realities

While the Government is seeking a 100% increase in exports over the next three years, maintaining even the current level would be miraculous given current economic policies that fail to…

The gendered costs of climate change

The 2022 floods were a case study on: a) how changing weather patterns will dramatically escalate disasters in magnitude and frequency and exacerbate the human and economic cost; b) the…

Economic policy, federal budget and role of opposition

‘…the existence of the opposition is ‘nearly the most distinctive characteristic of democracy’. In parliamentary democracies, since government and parliamentary majorities often coincide, the opposition is expected to function as…

Climate change vs the young

Pakistan, like many developing nations, is experiencing a demographic phenomenon known as a ‘youth bulge’, with about 60 per cent of its population comprising young people. This demographic structure can…

Will the leopard change its spots?

After the inauguration of Narendra Modi’s third term as India’s premier, the key question doing the rounds is whether his reduced parliamentary strength will author a noticeable change in the…

Climate change, austerity policy, and IMF programme

Pakistan is likely to enter into an Extended Fund Facility (EFF) programme – which is different from a standby arrangement (SBA) programme since, in addition to targeting macroeconomic stabilisation, including…

Can China’s rise change the world order?

China’s phenomenal rise over the past four decades has radically transformed the global scenario geopolitically and economically, with far-reaching implications for the world’s security and economic wellbeing both at the…