IS our exchange rate ‘market-determined’ nowadays? Its stability — around Rs280 to one US dollar — appears both amazing and perplexing in the current difficult balance-of-payments situation. This remarkable stability … Read More
WHAT goes up must come down. This truth also applies to economic trends, which exhibit cycles of ups and downs. However, the pace of going up and coming down depends … Read More
WHY are there significantly more men than women in our population? While the gender-wise population has not yet been released by the Pakistan Bureau of Statistics for the latest digital … Read More
HOW efficient are our commercial banks in providing services to their customers? I will provide some anecdotes about customer experience. While transactions and cheque clearing and settlement are faster now, … Read More
BEFORE we dwell on Pakistan’s 76-year economic transformation, it is important to review what it means in the context of countries that transformed themselves from mostly agriculture-driven to modern industrialised … Read More
WHY are our exports less than half our imports? Why are our imports more than twice our exports? I have posed these seemingly identical questions because their answers are very … Read More
HAS inflation in Pakistan become endemic? In terms of its intensity, the spell of inflation being experienced today has not been witnessed earlier. Consumer Price Index (CPI) inflation has been … Read More
THE most noble actions of humankind are quite simple to prescribe but extremely hard to act upon. These are to feed the hungry, cloth the destitute, support the orphan and … Read More
