Central Asia and trade expansion

The project to import energy and gas from the central Asian republics is in the pipeline and is a very important development for economic...

Unbinding the economy

The stagnancy of private sector credit has been discussed ad nauseum in financial circles. Reinstating, credit advanced to the private sector has been hovering...

Europe’s existential crisis

Europe is on the brink of a major disaster. And this disaster is not one that can be attributed to mother nature, but rather...

Competing at the global level

The only Asian countries below Pakistan in the Global Competitiveness Index (GCI) for the year 2011-2012 are Nepal and Yemen. As world economics today...

Sensation transference

This is a concept coined by one of the great figures in twentieth-century marketing, a man named Louis Cheskin, who was born in Ukraine...

When data takes time coming

Traditional economic indicators, while important, tend to lose their importance in times of widespread uncertainty due to their lagging nature. At best, they signal...

Is giving interest forbidden in Islam?

Some prominent scholars such as Javed Ahmed Ghamidi are of the view that while charging interest is haram in Islam, paying interest on loans...

Book profits, exit pronto!

Though holidays for hacks like this writer are not as many as for folks in other, less crazy, kindlier vocations, but the short time-off...

Fallout of manufactured wants

The world at present is going through a severe existential crisis. It is all about struggle in one form or the other; whether it...

Cloud computing in Pakistan

Cloud computing is the next big thing in the Information Technology (IT) development. The concept has come a long way since it first came...

A flawed remedy

A matter of great concern over the years for the US economy, along with several other developed ones, is the exponentially increasing amount of...

Saving the planet with its people

The Doha round of global talks on agriculture has been stuck because of massive disparities in the discourses between the developing and the developed...

Purposeless negotiations

Negotiation is an art and international negotiation the art of the highest order. The skill of negotiation is often termed and perceived as some...

The environmental degradation is ‘real’!

The initiation and success of all economic activity heavily impinges upon and conveniently assumes easy availability of basic resources such as suitable water and...

Education and foreign aid

South Asia is home to roughly a quarter of the world’s population but accounts for only 1.8 per cent of the world’s GDP. Little...

The prohibition of riba

There are several categories of muslims in Pakistan: (1) non-practicing (liberal); (2) indifferent; (3) ordinary; (4) practicing; (5) intelligentsia; and (6) conservative. The vast...

Energy — The most pressing concern

Even as it continues to struggle with its addiction for central bank borrowing and total lack of ability to revive the economy, the government...