Tough economic decisions & fragile political mandate
Very few people may have actually experienced the moment of helplessness when there is a clash between the need for tough economic decisions and fragile and split political mandate of…
Neoliberalism, globalization, and economic dependence
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…
Economic impasse — yet again
The political impasse triggered by the Deputy Speaker’s 3 April ruling dismissing the no-confidence motion against Prime Minister Imran Khan by terming it unconstitutional alleging that it was backed by…
Rising economic difficulties
At present Pakistan is facing grim crises. Regardless of the Supreme Court’s decision, the real question is whether our economic difficulties will get resolved. On the economic front, the grim…
Economic and political instability
‘“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…
Covid-19: a pandemic that lays bare deep cracks in the neoliberal economic order
The pandemic has exposed the limited institutional capacity of both individual governments, and multilateral institutions, primarily reached under the neoliberal mantra of limited governments which, among other things, meant outsourcing…
Covid-19: a pandemic that lays bare deep cracks in the neoliberal economic order
The pandemic has exposed the limited institutional capacity of both individual governments, and multilateral institutions, primarily reached under the neoliberal mantra of limited governments which, among other things, meant outsourcing…
‘Homegrown’ macroeconomic framework
The recent medium-term projections by some of the major multilateral agencies have created a strong sense of apprehension about the future prospects for the economy of Pakistan. For example, the…
Lessons from economic history: Policy drivers of food inflation
Overall inflation, compared to similar previous months of FY18, has been inching up from 5.1 percent in September 2018 to 9.4% in March 2019. For the ninth month period of…
AI, new weapon against money launderers
Money laundering is a worldwide menace. According to the United Nations Office on Drugs and Crime, money laundering accounts for up to 5% of global GDP - or $2 trillion…
