Caretakers and a trembling economy
Elections are the backbone of a strong democratic process. Free and fair elections and a smooth transfer of power form the basis of a stable democracy in any country. In…
Setting the economy right
Pakistan’s economy is a mess and badly needs restructuring. The country needs to return to fiscal soundness and bring back private investors. These long-term goals can only be fulfilled through…
Revisiting economy’s direction
‘But putting growth at the center of economic policymaking is a mistake. While important, growth in the abstract is not a coherent goal or mission. Before committing to particular targets (be…
Europe’s weaker economy limits fallout of US bond rout
A big selloff that pushed US borrowing costs to 15-year highs left euro zone bonds relatively unscathed in August, reflecting investor bets the bloc’s economic growth and funding needs will…
Capital suggestion: Objective economy
Here is a partial list of countries that have effectively depoliticized economic decision-making: Singapore, South Korea, Israel, Chile, Sweden, Norway, Denmark, Finland, Switzerland, Germany, Canada, Australia, New Zealand, Austria, Belgium,…
Freedom vs economy
Pakistan celebrated its 76th independence day on Monday amidst nationwide fanfare, coinciding with a change of government in Islamabad and a discernible gap surrounding the country’s economy. While the clamour…
Underutilisation of remittances in economy
Don’t count your chicken before they hatch is an idiom that goes quite well with our situation. Quite often we see monetary policy quoting record remittances. Remittances from abroad have…
Crashed economy
The upcoming departure of Prime Minister Shehbaz Sharif’s government this month marks an opportunity to assess its performance – or lack of it – during a tenure of around fifteen…
Economy Don’ts 101
Every few years, Pakistan’s economic managers find themselves in a pickle, struggling with declining economic growth and rising inflation when only the year before they have managed to achieve record…
‘Charter of economy’ – an exercise in futility
Calls for delineating a ‘charter of economy’ have become a trend in Pakistan. The leaderships of almost all political parties and business chambers have been repeatedly underscoring the need for…
