Winners and losers from minimum tax on multinationals
G20 finance ministers meeting in Italy will discuss a reform of taxation on multinational firms that is meant to stop nations from using ultra-low tax rates to attract businesses. The…
From geo-politics to geo-economics
Nearly everybody wants to talk to the Taliban. Nearly everybody thinks Pakistan is the medium for talks. Nearly everybody feels the US’ entry and exit strategy in Afghanistan was faulty.…
Climate and Covid cast shadow over jet demand outlook
Jetmakers see strong demand for airliners even as the industry braces for tough new environmental measures, but some financiers have raised doubts over forecasts that the $150 billion industry will…
Leaks and challenges—I
The selective criteria of the Financial Action Task Force (FATF) in listing countries with strategic deficiencies are the main hurdles in curtailing the movement of illegal flow of funds. The…
The economics of Corruption
Prime Minister Imran Khan while addressing the opening ceremony of the second Belt and Road Initiative (BRI) in Beijing on "Shaping a Brighter Future" highlighted five impediments to achieving sustainable…
Fiscal policy and economic growth
Fiscal policy is an important tool of modern governments to steer economy in right direction. All governments, specially in emerging markets, endeavour to align their fiscal policies in the manner…
Popular economics
The upside of everyone believing that they are experts on the national economy, arguably, is that the economy remains in the limelight since everyone is talking about it; the problem…
Ghost kitchens’ boom in Asia as pandemic sparks huge demand
In an industrial unit on the outskirts of Taipei chefs are plating meals that will never be served in a restaurant: welcome to the world of “ghost kitchens”. Even before…
Taxes and social democracy
“The perks culture has also held real estate development hostage for decades as officials seek to reward themselves through plots. Government sponsored developers such as the DHA and Coop societies…
District heating and cooling
Except Karachi, Pakistan has extreme cold and hot weather in the respective seasons. With rising standards among higher economic classes, comfort requirements are increasing. In Pakistan, power demand goes down…
