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The Untapped Potential of BLUE ECONOMY

BLUE ECONOMY

Pakistan’s route towards becoming an ocean-economy Since time immemorial, oceans and seas have been the source of natural resources and wealth. Many great civilizations evolved, and got destroyed, due to their geostrategic location on the sea routes. The harbours, coastlines and beaches provided humanity with an unending access to abundant onshore and offshore resources that necessitated a fast-paced development of …

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Slowdown of Economy

Economy

By: Dr Hafiz A. Pasha There are visible signs that the economy is beginning to slow down. During the last five years, the growth process had gradually begun to gather some momentum. The Pakistan Bureau of Statistics had, no doubt, been compelled to exaggerate the GDP growth rate. But the evidence was convincing that the economy had moved up from …

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Where is the World Economy Heading?

World Economy

By: Waqar Masood Khan There is a lot of flux that characterizes the world economy at present. While developed markets are performing exceptionally well, emerging markets (EM) are facing high uncertainty. More importantly, a very large number of market pundits are predicting that a great recession is just around the corner. The emerging markets are under huge stress. Their currencies …

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The Economy of Pakistan

The Economy of Pakistan

By: Osama Rizvi A Blueprint for Much-needed Reforms With a $313bn economy (as per the latest 2018 figures released by the State Bank of Pakistan), Pakistan is a country that has undergone a panoply of changes during the recent years. The year 2016 was the annus mirabilis as the stock market yielded a mouth-watering return of 46 percent. Besides this, …

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Public–Private Partnerships

Public–Private Partnerships

By: Sarfraz Saroya A Quick Guide In every country around the world, fiscal or budgetary constraints have seen the governments adopt supplementary and innovative approaches to infrastructure provisioning and funding, away from the traditional role of the government as the only infrastructure service-provider, to include the expertise and finance of the private sector. One such measure is Public-Private Partnership which …

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Global Economic Restructuring

Economy

By: Michael Spence Powerful implications of the Restructuring of the World A decade after the collapse of Lehman Brothers, the world economy is back on shaky ground. In its latest World Economic Outlook, the International Monetary Fund (IMF) has warned that the world economy is at risk of another financial meltdown, following the failure of governments and regulators to push …

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Is free trade always the answer?

Is free trade always the answer?

As concerns over Donald Trump’s import tariffs intensify and Britain renegotiates its trading relationship with Europe, the postwar consensus towards ever-closer economic cooperation between wealthy nations is being unpicked. Why is Trade Good? Economists argue about a lot of things, yet many would probably agree on the benefits of free trade, which generates wealth by allowing the free flow of …

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Budget 2015-16

Budget 2015-16

On June 05, the federal minister for finance, Mr Ishaq Dar, presented the federal budget for the fiscal year 2015-16 with a total outlay of 4,451 billion. This size is 3.5% higher than that of budget estimates 2014-15. According to the official budget document, the resource availability has been estimated at Rs. 4.168 trillion against Rs.4,073.8 billion in the budget …

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Reforming The Tax System

Reforming the tax system

Although they say history is written by the victors, sometimes it’s just written by the elites. One such example can be found in the fall of Roman Empire. The demise of this once-mighty Empire is still the most powerful turning point in the world history. Though numerous causes can be attributed to the destruction of the Romans, one principal cause …

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Pakistan’s Economy in 2014

Economy

Fishing in the Troubled Waters The economy of Pakistan had been in turbulent waters since it remained grappling with one crisis after the other during the previous year. During this year Pakistan witnessed a lot more politics as well as the scourge of terrorism that left little room for reviving the crippling economy. In fact the year ended with a …

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