The case against sovereign default

Groundhog Day is now a preferred reference point for the economic cycle in Pakistan, with each crisis largely resembling the previous crisis,...

Taxing the financialisation of automobiles

The lopsided market structure of automobiles was discussed in this space a few months back in which we hypothesised that automobiles have...

The lost glory of I. I Chundrigar Road

If you’re over 35 and have a job in Karachi, chances are you’ve spent a significant amount of time at I.I Chundrigar...

Our manufacturing opportunity

For the last 5 months, I have undertaken the arduous task of renovating my home. Much to the discomfort of family members,...

Prepare for default

Crises evolve at an exponential pace. Much like a herd of animals spooked by the scent of a nearby predator, once markets...

The remarkable life and tragic death of Airlift

Airlift’s highs were dizzying and its lows were tragic. But what are the lessons we can learn from it?

Why ban Tinder?

Banning Tinder changes nothing, except giving its ‘halal’ competitors an edge.

COD Rules: How to reduce rejection at the doorstep

A series of rules can help e-commerce companies ensure that they reduce their losses

10 facts about milk that you should know

A huge public debate about milk quality has been raging in recent months. A lot of confusion and doubts spread through the...

Crushing the knowledge economy

It has never been easier to learn in all of history. Why are we trying to make it less affordable?

Why Jeffrey Sachs is wrong about Reko Diq

It started with the usual leftie / “anti-imperialism is the ultimate moral good” crowd. An article written by American economist Jeffrey Sachs...

What options does Shehbaz have?

How can he stabilise an economy on the brink while building traction with voters at the same time?

Bond spreads rise with political risk

Pakistan has a long history in global capital markets. The country’s first international bond dates to late 1994 when $150mn was raised...

What makes Pakistan plump for IMF time and time again?

Pakistan has been approaching International Monitoring Fund (IMF), intermittently, since 1988. The last programme was successfully completed during the period 2013-16. However,...

What made the startups click in Pakistan?

Good business leaders create a vision, articulate the vision, passionately own the vision, and relentlessly drive it to completion. – Jack Welch