Stories by Shahid Mehmood

Keynes’ masterpiece at 90

Keynes’ masterpiece at 90

From the mid-1930s to the mid-1970s, Keynesian economics remained the dominant thought in academia and policymaking. Published 23 Feb, 2026 07:44am
‘Failed’ economic model

‘Failed’ economic model

The staggering number of talented individuals leaving Pakistan would trouble any serious policymaker. Updated 27 Dec, 2025 09:03am
Why investors fear Pakistan

Why investors fear Pakistan

Without a system that addresses the causes of uncertainty, there will be little investment. Updated 14 Nov, 2025 09:02am
Minerals and national wealth

Minerals and national wealth

The presence of mineral deposits does not in itself guarantee sustainable development or economic growth. Updated 30 Apr, 2025 09:03am
GDP and the quality of life

GDP and the quality of life

Across the length and breadth of the country there is palpable despair and hopelessness. Updated 14 Mar, 2025 09:13am
A six-million-dollar banana?

A six-million-dollar banana?

Was it the seemingly banal, but rather innovative, idea of duct-taping a banana that conferred such tremendous value upon it? Updated 11 Jan, 2025 09:32am
Milei, Argentina and Pakistan

Milei, Argentina and Pakistan

Some in Pakistan have called for a Milei-like figure as an antidote to this country’s persistent economic malaise. Updated 07 Dec, 2024 09:38am
A laggard’s economy

A laggard’s economy

Since the country’s creation, our decision-makers have always been on the lookout for an external cushion. Updated 29 Jul, 2024 08:58am
Pakistan’s PSDP conundrum

Pakistan’s PSDP conundrum

In its present shape, development expenditure provides substantial ‘free riding’ to interest groups. Published 23 Mar, 2024 08:01am
Cultural change for economy

Cultural change for economy

Pakistani society and our governments must give up their ‘let’s kill the rich’ attitude. Updated 16 Feb, 2024 10:39am
Our dollar smuggling conundrum

Our dollar smuggling conundrum

In an environment where dumb policies such as interventions to maintain ‘strong rupee’ are the norm, grey channels provide insurance against losses. Updated 12 Aug, 2023 10:48am
Why do we go to the IMF?

Why do we go to the IMF?

We are importing not only raw materials, but also the services to sustain them over the long term. Updated 23 Sep, 2022 08:43am
Pakistan’s economic potential

Pakistan’s economic potential

Despite the difficulties, there are many aspects offering considerable potential in terms of economic growth. Published 11 Aug, 2022 08:53am
An interest-free economy?

An interest-free economy?

For near-zero rates to happen in Pakistan, the present order of things would need to change drastically... Published 21 May, 2022 06:21am
Oil and the dollar’s hegemony

Oil and the dollar’s hegemony

Despite the financial panic of 2007, wars, Covid-19 and Trump, the dollar retains its dominance. Published 31 Mar, 2022 07:05am