The Bumpy Road Aheadon August 1, 2019Pakistan has a long history of signing IMF programmes to address its balance of payment crises and structural economic imbalances. There is much talk about imitating the IMF recipe practised in Egypt recently to address Pakistan’s lingering balance of payment crises and other structural adjustments issues. So, there is a need to compare and analyse […]
Trade wars are good, and easy to win?on May 21, 2019Donald Trump seems to believe that tariffs are an end unto themselves because they are bringing wealth into the country by forcing China to pay billions into the US treasury. An escalation in tariffs is likely to increase uncertainty, slow down business investment and increase unemployment, and ultimately affect growth. But it might also raise […]