Need for all-out reforms
Economic growth is strongly related to good governance and political stability in a country. Unfortunately, during the last 75 years of our existence, both these elements have been largely missing.…
A political obituary
It is widely believed that the Sharif brothers were a creation of the establishment, brought into politics to counter the Pakistan People’s Party in Punjab. The Sharifs received much patronage…
FY23 budget: need for fiscal reforms
“He who wishes to serve his country must have not only the power to think but the will to act” – Plato The coalition government of Pakistan Democratic Movement (PDM),…
New PM and reforms agenda
Pakistan needs all out fundamental structural reforms in all areas of governance. However, the most important and immediate is political stability — the main challenge faced by the 23rd Prime…
Economic growth amid political instability
Political instability is a serious impediment to economic progress. Not only does it shorten policymakers’ horizons leading to suboptimal short term macroeconomic policies, but it is also the cause of…
The political battlefield
Last week, crucial economic and political decisions took place in London. Pakistan Muslim League-Nawaz (PML-N) within the Pakistan Democratic Movement (PDM) was getting cold feet. The party leadership probably had…
Choosing reforms over politics
Talks and efforts to oust the government by the opposition forces are heating up. Option of vote of no- confidence is on the cards. The premise is that the PTI…
Economic and political instability
‘“Only a crisis — actual or perceived — produces real change. When the crisis occurs, the actions that are taken depend on the ideas that are lying around.” Friedman, one…
Judicial reforms
Why is Pakistan’s justice system perceived to be a ‘weak’ system? Why is it failing to safeguard the lives and property of citizens and protect contracts to boost the economy?…
Reforms: institutional impediments [Part – III]
The reason for the kind of political behaviour exhibited by elected representatives has to do with the incentive structure under the present voting system. MNAs and MPAs owe their election…
