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Democratic deficit in global financial system

The government believes that Pakistani nationals having more than 152,500 offshore bank accounts could have stashed away a hefty sum of $11 billion, half of which is presumed to have…

The Point Is To Change The System

The point is to change the system

Another May Day was observed last week and a series of protests were held all over the world. Fragmented trade unions across the globe vowed to fight the ruthless and…

Towards financial integration

In the recent years, the world has been witnessing an unprecedented increase in financial globalisation and international capital flows among developed countries and between the advanced countries and the emerging…

How To Fix The System: Part – II

How to fix the system: Part – II

For nations to progress in the 21st century and become part of the fourth industrial revolution, they need to link their development policies to the central theme of establishing a…

Gaming The System

Gaming the system

An Oxfam America study released in April this year found that for each dollar America's 50 biggest companies paid in federal taxes between 2008 and 2014, they received $27 back…

Need For Financial Reporting Council

Need for financial reporting council

There is dire need to establish Financial Reporting Council (FRC) in Pakistan as an autonomous regulator to promote corporate governance and reporting to safeguard the interest of all stakeholders. The…

Systemic Corruption

Systemic corruption

Over the weekend, an historic release of information came out in the Panama Papers showing exactly who, how, and when a vast network of people stole and hoarded money. Our…