Escaping the low-growth trap
Pakistan’s economy is now effectively stuck in a low-growth trap. The composition of the economy is heavily tilted towards consumption, with household and government consumption making up more than 97.6…
Era of global boiling
The UN secretary-general recently spoke on the tragedies of climate change at the UN headquarters, warning that the Earth is now past the age of global warming and that we…
Future drivers of country’s growth
The incumbent government, in the very last leg of its tenure, has sowed the seeds of agriculture, mineral and mines, and IT as the future drivers of the country’s economic…
Huge global economic policy challenges
‘The world is facing numerous extreme, interlinked challenges, including a climate emergency and growing economic inequalities between and within countries. Tackling these problems requires funds to flow in the right direction,…
Pakistan, and international global financial order
In the recently released report ‘Regional Economic Outlook: Middle East and Central Asia’ by International Monetary Fund (IMF), one of its comments on Pakistan’s economy was ‘For… Pakistan, policy interest…
Reviving agricultural growth: Part – V
Mechanization, technology and advisory services: one of the major constraints facing small holders is the lack of resources and knowledge about modern practices to adapt techniques of production using mechanization.…
Reviving agricultural growth: Part – IV
Import substitution and export promotion: agro-based exports (food, textile, leather groups) fetch 75-80 per cent of total earnings but the direct exports of agricultural commodities are limited to only $5…
Remittances: boon or bane for growth?–II
The Dutch Disease is characterized by a rapid increase in one sector at the cost of other sectors. Firstly, the income shock and subsequent spending increase can drive demand-pull inflation.…
Remittances: boon or bane for growth?–I
Pakistan is the sixth largest recipient of remittances in the world, with the State Bank of Pakistan declaring a total of $29 billion received in 2022. Remittances play an important…
A retarding economic growth outlook: IMF and ‘Chicago boys’ in a fix
‘The International Monetary Fund war-ned that its outlook for global economic growth over the next five years is the weakest in more than three decades, urging nations to avoid economic…
