The Xiaoping model
Pakistan is passing through difficult and unprecedented times. We are facing enormous difficulties with a clear lack of resources, overpopulation, widespread poverty, a huge debt burden, no savings, an uncompetitive…
Economic architecture
THE US is having second thoughts about the Washington Consensus it had evolved in the 1990s. At that time, the Cold War with the Soviet Union had just ended, and…
A failed model
Millions in Pakistan are feeling the pain of a deepening economic crisis. The working and lower middle classes in Pakistan and around the world have spent most of the year…
Resetting foreign economic relations : Part – III
Gulf States: Pakistan has enjoyed very friendly relations with the Gulf States. The first generation of Emirates rulers were very favourably disposed towards Pakistan as they received a lot of…
The Taiwan model
In order to migrate to a technology-driven knowledge economy, there needs to be a complete change of direction. The emphasis must shift to creating top class universities of engineering and…
Impending economic doom
There is a global economic crisis at play here. More than a decade of cheap money is coming to an end, and global economies are now playing catch-up. The punch…
Economic prospects of Gilgit-Baltistan : Part II
Community organizations have built bridges, irrigation channels and other small infrastructure projects at much lower costs as they participated in the supply of labour and land parcels for these projects.…
Economic costs of judicial (in)actions [Part I]
Pakistan inherited a legal and judicial system from the British rulers. While the colonial masters have moved forward with time and modified their laws and procedures consistently, we are still…
Roadmap to economic recovery [Part – III]
The first two parts in this series discussed why we keep falling into crisis situations, and the need for the economy to grow. Low public and private investment are behind…
Roadmap to economic recovery [Part – IV]
Recent news has kept us stirred up with the ups and downs of our deal with the IMF. We are at a stage where taking on debt, not for a…
