Change of Base Year & its Impact on Key Economic Indicators

Government of Pakistan Finance Division Economic Adviser’s Wing   Subject: Change of Base Year & its Impact on Key Economic Indicators   Table-1: Impact of Re-basing on Macro-Economic Variables       Indicators Fiscal Year 2021 % Change Base Year 2006 Base Year 2016 Real Sector GDP Size (current) (Rs mn) 47,709,325 55,488,010 16.3 GDP Size (current) ($ […]

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Jan

Land grab or river revival? Inside $7 billion Ravi city project

Published in The News on January 20, 2022 After the British divided Pakistan and India more than seven decades ago, Suleman Mohammad Sajjad Warraich’s father received a section of land on the outskirts of Lahore. It was a place to put roots in the new nation. Later on, Warraich and his family filled their 300 collective acres[…]

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Jan

Economists Pin More Blame on Tech for Rising Inequality

By Steve Lohr Published in The New York Times on January 11, 2022   Daron Acemoglu, an influential economist at the Massachusetts Institute of Technology, has been making the case against what he describes as “excessive automation.” The economywide payoff of investing in machines and software has been stubbornly elusive. But he says the rising inequality resulting[…]