Coronavirus, falling oil hit Putin hopes for economic revival
Russian President Vladimir Putin insists the economy can weather the coronavirus storm and low oil prices but the two-pronged crisis is a huge challenge to his promises to reduce poverty…
Unlocking economic value
In a speech made to the House of Commons a little more than a century ago, Winston Churchill spoke of the significance of land, “It is quite true that land…
Economic policy choices beyond…–II
Part I (Economic policy choices beyond immediate crisis - I) of this series highlighted the fact that the recent monetary policy measures are important and necessary to prevent the economy…
Economic policy choices beyond…–II
Part I (Economic policy choices beyond immediate crisis - I) of this series highlighted the fact that the recent monetary policy measures are important and necessary to prevent the economy…
Economic policy choices beyond immediate crisis — I
The economic policy response to the coronavirus crisis by Pakistan has been significant. On the monetary policy side, the State Bank of Pakistan has taken aggressive action to loosen monetary…
Trapped in a ‘catch-22’ economic situation
It is peaking in Pakistan. And there has been no full-blown lockdown as such since the Covid-19 curve started taking a steep trajectory at a relatively faster rate some two…
Managing the economics of a needed lockdown
The pandemic has badly hurt the country’s economy with real GDP growth rate, according to World Bank’s Global Economic Prospects report, is expected to be around negative 2.6 percent for…
Economic policy choices beyond immediate crisis — III
The part-II of this series highlighted limits of monetary policy and the need for fiscal policy to take the main load of regenerating growth in the economy as the multiplier…
Economic war cabinet’ – IK’s finest hour in PM’s office
Covid-19 has unleashed a war-like situation for economies across the world. According to the International Monetary Fund’s flagship report World Economic Outlook (WEO) update released this week, unlike the initial…
Climate economics Nobel may do more harm than good
There are many reasons humanity has failed to rein in climate change despite decades of dire warnings. The inertia of an energy system overwhelmingly powered by oil, gas and coal;…
