01

Feb

Economic fallout: Travel bans, lockdowns shrink job opportunities for expats

By Waqas Ahmed Published in The Express Tribune on February 01, 2021 ISLAMABAD: The pandemic-induced travel bans and lockdowns have direly reduced job opportunities for overseas Pakistanis. Due to the prevalent situation, only 224,000 Pakistanis got employment opportunities abroad in 2020 — a significant reduction from the pre-Covid times. According to an official document received by The […]

Rethink public finance rules and live with much higher debt, IMF says

Published in The News on January 29, 2021 LONDON: Most advanced economies can live with much higher levels of public debt after the coronavirus crisis, according to the IMF, which has said nations should “rethink” their public finance rules rather than rushing to reduce their liabilities. After the financial crisis a decade ago the fund recommended that[…]

21

Jan

21st century crises demand new economic understanding, say top economists

Published in oxford university Leading economists, including Nobel laureate Joseph Stiglitz, Argentina’s Minister of Economy Martin Guzman, as well as academics from Oxford, Yale, Columbia, and UCLA, are calling today for a deep shift in how economists understand the overall economy. According to the new thinking, a series of massive economic shocks have left traditional economic theory[…]