The Return of Industrial Policy
Published in International Monetary Fund Should developing economies follow the United States and China by building national champions? Geopolitics is rapidly changing the landscape of world trade. The policy environment of just a few decades ago seems like a distant memory. During the reform period of the 1990s and 2000s, […]
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MayPakistan’s GDP contracts to 0.29pc in FY23
By Mehtab Haider Published in The News on May 25, 2023 ISLAMABAD: Pakistan’s provisional GDP growth rate remained dismally low and stood at 0.29 percent for the outgoing financial year 2022-23 against the revised figure of 6.1 percent in the last financial year 2021-22. Against the original target of 5[…]
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MayProposals on austerity
By Shahid Kardar Published in Dawn on May 25, 2023 GOVERNMENT finances are stretched to breaking point with no serious effort to rein in expenditures of an entrenched ‘entitlement culture’ whose cost is much more than what the country can afford. The political leadership and state functionaries treat public money[…]
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MayRupee hits all-time low against dollar amid demand-supply gap
By Salman Siddiqui Published in The Express Tribune on May 23, 2023 KARACHI: The Pakistani currency experienced a sharp decline, dropping 1.31% or Rs4 in a single day, reaching a new all-time low at Rs305 against the US dollar on Monday. This downward trend has persisted over the past four[…]
