19

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 […]

18

Jan

Growing financing needs: Pakistan may have to seek new IMF loan

By Mehtab Haider Published in DAWN on January 18, 2022 ISLAMABAD: Pakistan’s gross financing requirements are estimated to go up to $30 billion in the next budget for 2022-23, leaving no other options for the government but to seek a fresh IMF loan after the expiry of the existing programme in September 2022. Top official sources confirmed[…]

Give a woman a small loan, a family will eat for a lifetime

By Yusra Salim Published in The Express Tribune on January 02, 2022 KARACHI: There is a quote attribute to rock star activist Bono of U2. “Give a man a fish, he’ll eat for a day,” he says. “Give a woman microcredit, she, her husband, her children and her extended family will eat for a lifetime.” The changing[…]