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21

Jan
Print Media

Govt revises up FY21 growth rate to 5.4pc, GDP to $347bn

By Mubarak Zeb Khan Published in DAWN on January 21, 2022 ISLAMABAD: The size and growth rate of Pakistan’s economy increased significantly during 2020-21, making it the second-highest economic growth recorded in the last three years of the incumbent government. As a result of the rebasing exercise, the growth rate […]

Print Media

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)[…]

19

Jan
Print Media

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.[…]

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