Published in International Monetary Fund Should developing economies follow the United States and China by building national champions? Geopolitics is rapidly changing the landscape of world trade. The policy environment of just a few decades ago seems like a distant memory. During the reform period of the 1990s and 2000s, developing and transition economies opened up their […]
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MayBy Mehtab Haider Published in The News on May 25, 2023 ISLAMABAD: Pakistan’s provisional GDP growth rate remained dismally low and stood at 0.29 percent for the outgoing financial year 2022-23 against the revised figure of 6.1 percent in the last financial year 2021-22. Against the original target of 5 percent for the current fiscal year, the[…]
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MayBy Shahid Kardar Published in Dawn on May 25, 2023 GOVERNMENT finances are stretched to breaking point with no serious effort to rein in expenditures of an entrenched ‘entitlement culture’ whose cost is much more than what the country can afford. The political leadership and state functionaries treat public money as their own, spending billions with little[…]
