Need for the Fund

Humayun Akhtar Khan: With the problematic IMF program expiring in September, the central donor-debate will shift from reviving the stalled arrangement to determining modalities for...

The right gas mix

The time has finally come for the government to take some tough decisions if it wants to save the industrial, fertiliser and CNG sectors....

Ensuring higher literacy

The importance of education for any economic framework is implied in itself; however each nation faces its own challenges in achieving a better quality...

The art of sustainable lending

With world markets facing one of the worst recessions since the great depression and banks struggling to survive, it is very important to ensure...

Promises in shari’a

Promises have a peculiar treatment in Islamic law. Although reneging on promises is considered unethical in shari'a, there is no legal punishment for doing...

Tough times in the pit

At the bourses this part of the year is normally a happy hour: the volumes are good, the share prices are spiked up as...

We must transform or perish

A lot is being said and speculated about the financial crisis the world currently finds itself in. The United States is struggling with an...

Reliance and risks

The significant use of the internet and related web technologies give businesses greater opportunities and help them conduct operations that reach every corner of...

The debt debate

While debt is an essential component of the modern economic system, providing impetus for public expansion and crucial private sector investment, it is its...

Rise and fall of the welfare state

Now, that we have just celebrated sixty four years of Pakistan’s existence, the ideal and practical realities of its creation are not to be...

The anatomy of envy

Societies marked by the skewed distribution of resources and assets generate envy. A society divided by the differential access to resources is united in...

Misplaced priorities

While economic managers of the country insist that the global economic meltdown caused economic turmoil in Pakistan, it needs to be understood that the...

SMEs: A saga of struggle

In theory, it is common knowledge that economic participants can generate livelihoods in two ways; first by productive use of assets to generate profits...

Agriculture needs marketing reforms

Farming, being a difficult profession, makes achieving economic sustainability a serious challenge for small and marginal farmers. Production and marketing of all products, industrial...

Retail therapy

A popular web based encyclopaedia defines happiness as “a mental state of well-being characterised by positive emotions ranging from contentment to intense joy. A...

Asia’s BRICs hit the wall

India's democratic credentials do not impress Francis Fukuyama, who two decades ago prophesied the "end of history", as being a catalyst for the country's...

Uncle Sam’s farewell

Economic analysts all over the globe couldn’t help but react to the consequences of the US debt deal, as it was approved by congress...