Rates – the ultimate balance
In a recent earlier article, it was hypothesised that for a vast majority of sensible people on the planet, monetary policy is perhaps a proverbial black hole; accordingly to say…
Non-development and discretion
The most welcome decision emerging from Prime Minister Imran Khan’s first cabinet meeting was to put an end to discretionary fund allocations, which had institutionalised waste and corruption in the…
The post-West order
During the recent G7 summit, the president of the European Council – a subsidiary of the EU – sent out the warning that Donald Trump’s trade and diplomatic initiatives may…
Socio-economic challenges
The PTI has promised to achieve within the first 100 days of its rule a number of crucially important goals. That is, if it were to win the forthcoming elections…
Economic reforms: Part – XVII
At the outset, let’s consider some basic facts about the state of public finances in the 1980s and the challenges that the country faced during this period. The average expenditure…
Between you and me
“Just between you and me,” wrote Lawrence Summers, the then chief economist of the World Bank, in an internal memorandum that got leaked in 1991, “shouldn’t the World Bank be…
A considerate foreign policy
The US president’s latest ‘lies and deceit’ tweet has quite expectedly become the foremost topic of discussion among Pakistanis. As is apparent from the highly undiplomatic wording of the message,…
Mobilising finance for climate change adaptation
The Germanwatch Climate Risk Index 2014 has identified Pakistan as the third most vulnerable country to climate change. The impacts of climate change in Pakistan are difficult to deny. Scientists,…
Developments in the coal sector
Prime Minister Nawaz Sharif and former President Asif Ali Zardari have jointly inaugurated a newly-configured Thar coal power project recently, which sounds to be a good omen to many who…
Data as important public good
Public good, in economics, refers to something useful for the public that has two major properties: it is 'non-excludable' and its 'non-rivalrous'. The former pertains to the aspect that nobody…
