The less travelled road to managing the external financing gapÂ
The global economy is passing through a perfect storm. The commodity super-cycle has led to record high prices of essential imports. On the other...
Political will or bad policy and reform design?
Reform remains an elusive and little understood concept in Pakistan. The word is seldom used on TV. It is used even less in the...
Sovereign Debt Vulnerability
The last twelve years saw US$ based benchmark interest rate close to near zero as monetary expansion reduced the cost of capital fueling an...
A policy abyss
Pakistan is stuck in a low-growth trap. The population is growing at a rate of 2.5 percent per annum, while economic growth remains sluggish,...
Finding cigar butts
Last week must have shaken the faint-hearted. KSE-100 Index declined by 4.4%, the Pakistan rupee depreciated to a record low of Rs131 (-5%) and most...
Reform! What, why and for who?
Pakistan was made with a commitment to democracy and development but soon after the founding generation succumbed to greed and politically expediency to accommodate...
Does your portfolio suffer from home bias?
Investors’ resounding preference for their home markets remains one of the great puzzles of the investment world
Tackling the Multi-Headed Energy Hydra
Fixing one problem causes three more
The vulnerability of the dairy supply chain
Despite being one of the largest dairy producing countries in the world, we barely have any exports of our product
What’s wrong with public debt in Pakistan
The issue of public debt in Pakistan has received a lot of attention from every concerned quarter. They have been many debates, seminars, and...
Pakistan needs to get out of the comfort zone, end cycle of borrowing
Pakistan is stuck in a repeated cycle of borrowing to pay back money it already owes to other countries. The scary part - it seems like it has become too comfortable with it.
The bad economics of cross-subsidising fuel
A bad idea that should be shelved, at least, for the time being
A scary summer ahead – this week in Pakistan’s business and economics twittervers
The PTI has upped the ante once again and mounting pressure on the existing government. With huge increases in oil prices the overall economy...
The cost of surplus power
Prime Minister Shahid Khaqan Abbasi recently said that the country would experience an electricity surplus in the region of 2,400-3,400 MW by February next...
Welcome to Banistan
Welcome to Banistan, a country where YouTube, tiktok, imports and FX accounts are blocked on a whim. Please enjoy your stay here, we don't...
