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Politicising economy

Politicising economy

Politics and economy are closely interlinked. While political stability is a must for the economic progress of a country, exploitation of economy or economic issues for the sake of petty political gains runs the risk of impeding economic development too. As general elections are coming closer, the political temperature is rising in the country with government and opposition intensifying their …

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Syria: Wrong War, Wrong Place, Wrong Time

Syria: Wrong War, Wrong Place, Wrong Time

What about all the other, deadlier weapons? A PR exercise will change nothing. President Donald Trump has received applause from all the wrong places for his latest attack on Syria. The Bashar al-Assad regime is brutal, but the U.S. government should not police arbitrary rules of war or, even worse, get involved in someone else’s civil war. The president is …

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2013, 2016 and 2018

2013, 2016 and 2018

Of the three tax amnesty schemes the PML-N government has announced this term, none has shown positive results With the announcement of the latest prime minister’s tax amnesty scheme, the Pakistan Muslim League-Nawaz (PML-N) has achieved the distinction of being the only ruling party in the county’s history to promulgate four tax amnesty schemes — three during the current tenure, …

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Changing format of governance

Changing format of governance

The exponentially rising influence of private sector has led the country to the threshold of re-appraising the entire state structure Chief Minister of Sindh, during his concluding address in the Sindh Development Forum on March 28, 2018 in Karachi, stressed the significance of public private partnerships in development sectors. There are many enterprises running in the province with active participation …

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Growth momentum and imbalances in Pakistan’s economy

Growth momentum and imbalances in Pakistan’s economy

LAHORE: From a global perspective, relative strengthening in economies of the US, EU and UK in 2017, along with partial recovery in commodity prices, boosted the prospects of those emerging economies whose growth tends to hinge on exports and remittances. For Pakistan as well, both these sources of foreign exchange inflows picked up during 2017-18. In case of exports, strong …

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Politicization of education in South Asia

Politicization of education in South Asia

Educating to hate one another Higher education in South Asia has been largely influenced by populist political ideologies. The region’s elite class’s use of populism as a political practice in education and the dissemination of various discourses through curriculum related to national interests, social and cultural values and ideological beliefs have deepened the region’s already ingrained ideological and political factionalization. …

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New South Asia geography

New South Asia geography

THE contours of a new economic and political geography within South Asia are clearly emerging on the map with enhanced connectivity among China, Pakistan, Russia, Iran, Afghanistan and Central Asia. This transition is already having a remarkable influence on the thinking patterns, politics, cultures and economic developments in this region. While the traditional South Asian political elite remains in a …

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Why Trump’s latest steps heighten risk of a global trade conflict

Why Trump’s latest steps heighten risk of a global trade conflict

WASHINGTON: President Rona­­ld Reagan once likened trade wars to the pie fights in old Hollywood comedies. One pie in the face leads to another. And then another. Pretty soon, Reagan said in a 1986 radio address, “everything and everybody just gets messier and messier. The difference here is that it’s not funny. It’s tragic. Protectionism becomes destructionism. It costs jobs.” …

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Good and bad of economy

Good and bad of economy

The recent IMF report and a sudden depreciation of rupee against dollar suggest the cycle of boon and burst in our economy is unending Last month, while commenting on Pakistan’s state of economy on these pages, I mentioned two divergent views about Pakistan’s economy. First, “Pakistan is making unprecedented economic progress” and second, “Pakistan is on the verge of economic …

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Pakistan’s black swan

Pakistan’s black swan

Climate change is not an impending crisis, it has already arrived At the recently held Lahore Literary Festival, at which it was appalling to see a sole session on climate change, the CEO of World Wildlife Fund (WWF) started his talk by exclaiming that Pakistan is the seventh most vulnerable country to climate change, but added the caveat that most …

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