The challenge of economic revival Jul 15, 2022
Pakistan’s macroeconomic imbalances have assumed dangerous proportions and the hope for economic recovery is yet to materialise. Absence of any concrete plan for revival has led to a situation where…
Pakistan’s macroeconomic imbalances have assumed dangerous proportions and the hope for economic recovery is yet to materialise. Absence of any concrete plan for revival has led to a situation where…
Governments around the world try to fulfil the responsibility of creating an environment where the state generates enough resources to ensure the protection of national interests and the economic well-being…
Political instability is a serious impediment to economic progress. Not only does it shorten policymakers’ horizons leading to suboptimal short term macroeconomic policies, but it is also the cause of…
‘Business by the businessmen alone. There is little room for bureaucracy and politics in it’. This is the basic structure of economic governance on which all the successful global economies…
Sri Lanka’s worst economic crisis has triggered an unprecedented wave of spontaneous protests as the island nation of 22 million people struggles with prolonged power cuts and a shortage of…
When China banned bitcoin mining last year, it launched a US cryptocurrency goldrush, with states such as New York, Kentucky and Georgia fast becoming major mining hubs. New York state…
Continuity in economic policies is considered critical in providing a sustained conducive environment for private sector activity — a continuity that is naturally disrupted with a change of government. Imran…
Pakistan has been a prolonged user of the International Monetary Fund (IMF) resources during the last three decades of 1990s, 2000s, and 2010s, and the first few years of 2020s…
‘“Only a crisis — actual or perceived — produces real change. When the crisis occurs, the actions that are taken depend on the ideas that are lying around.” Friedman, one…
There is much confusion about our economic predicament. Yet, nothing could be clearer. On the security of the wealth and income of present and future generations, governments of Pakistan have…