We are importing not only raw materials, but also the services to sustain them over the long term.
Despite the difficulties, there are many aspects offering considerable potential in terms of economic growth.
For near-zero rates to happen in Pakistan, the present order of things would need to change drastically...
Despite the financial panic of 2007, wars, Covid-19 and Trump, the dollar retains its dominance.
Ironically, the firefighting that passes for economic management in Pakistan is couched either in terms of ‘welfare’ or ‘incent...
Why is our aggregate supply inelastic? One factor is government policies.
Land giveaways have gone through an evolution of sorts.
The availability of the internet has become absolutely critical in today’s economy.
Like physical capital, a lot of intellectual capital-related business ventures die because the laws required to facilitate them
How must a government look at infrastructure spending?
Why is there no domestically produced vaccine, or even a semblance of an effort to produce it?
This government’s economic management seems to be built upon blaming every folly and failure on ‘previous governments’.
The pursuit of long-term goals has never come at the expense of the private sector in China.
Something is rotten at the heart of global capitalism’s working, a system that has worked for humanity’s progress over time.
What this country needs is a transformation, and not doses of palliatives that only lessen the pain but prolong the misery.
The overall cost to the people could be formidable, something that trolls and ministers rarely discuss.
The main issue with these initiatives is that they were never rooted in ground realities.
The numbers may make for a good public show, but are just that: hypothetical numbers.
Default is not as scary as it is made out to be.
The separation of religion from statecraft set the stage for European ascent.