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The economics of shortages

Shortages that presage a raise in the price of a commodity have become a way of life in Pakistan – shortage of electricity, shortage of gas in the winter months,…

Economic management

Prime Minister Imran Khan continues to blame those operating in the private sector for high inflation through engagement in illegal activities - profiteering, smuggling and colluding - a charge that…

The marriage between economics and politics

The marriage between politics and economics is well established in democracies as well as autocracies, giving rise to not only the need to meet the basic needs of the general…

Provincial economies: key economic ratios

This is the fourth article of a multi-part series of articles on the provincial economies. It focuses on some of the key economic ratios in these economies. These estimates have…

Trade unions losing steam — II

Trade unions in private sector in Pakistan, by and large, can be aptly described as in-house unions, pocket unions, or fill-in-the-blanks unions. Radical labour leaders have gradually been eased out…

Good vs bad news on economic front

There is undoubtedly good news on the economic front on two counts notably the continued positive current account deficit and the upswing in productivity associated with the manufacturing sector. But…

Economic advice for the PM

The prime minister made a very timely and passionate speech recently at the signing ceremony of performance agreements, which basically will evaluate the performance of ministries. He indicated that it…

Compounding economic ‘crisis’

Rising need of petroleum and its heavy taxation leaves the common man stripped of his earnings, and renders the lives of the poor more miserable than before, but despite all…

Economic narrative

Acknowledge the suffering! Tough economic measures are back. Ability and capacity of the public to withstand another crisis is diminishing. Purchasing power, which had already eroded in the aftermath of…

The economic scorecard

The present government has completed three years in power. This is good enough time to pass judgement whether it has done well or if it has failed to meet the…