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Economic fallout

What ails Pakistan’s economy? It won’t be an exaggeration to say that this question requires a doctoral-level thesis even to summarise the argument. Economic experts have varying views on it,…

‘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…

Outlook for growth

Pakistan has moved into a period of uncertainty. On the one hand, there is political instability and the next few months could witness major unfolding events. On the other hand,…

Revisiting economic impact of coronavirus

In an earlier article on the subject carried by the Business Recorder on 30th March we dwelt on the economic impact of the Coronavirus on Pakistan’s economy consequential to the…

Global economic prospects under Covid-19 crisis

Covid-19 has badly exposed the lack of interdisciplinary approach of mainstream economics – the theoretical basis for widely practiced economic policy, both at the level of most countries and multilateral…

Tax bailout for economic revival

According to various Press reports, all businesses in Pakistan, as elsewhere, badly hit by lockdown in the wake of Covid-19 epidemic, are demanding a comprehensive tax bailout claiming that loan…

Economic impact and relief package

The Coronavirus has already spread to 199 countries. The worst hit countries have been the EU countries, the US, China and Iran. The consequences are that normal economic activity, both…

Economic policy choices beyond…–II

Part I (Economic policy choices beyond immediate crisis - I) of this series highlighted the fact that the recent monetary policy measures are important and necessary to prevent the economy…

Economic policy choices beyond…–II

Part I (Economic policy choices beyond immediate crisis - I) of this series highlighted the fact that the recent monetary policy measures are important and necessary to prevent the economy…