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Trade & Economy

Freedom from the shackles of ‘Stockholm Syndrome’

Freedom from the shackles of ‘Stockholm Syndrome’

Presently, Pakistan seems to be suffering from ‘Stockholm Syndrome’ – a psychological condition wherein a captive begins to identify closely with his or her captors, as well as with their agenda and demands. The obsession and the unwavering trust in multilateral agencies, including IMF, and the traditional foreign bilateral partners, particularly Saudi Arabia and the strings attached with the helping-hand ever extended by them in the past bears testimony to the …

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Sustainable Solutions to Revival of Sick Industries

Sustainable Solutions to Revival of Sick Industries

All countries have a few or more than a few sick industries, some into hundreds and thousands. Pakistan is in the league of hundreds. Some become sick due to market dynamics and some are plain mismanagement. In such sick scenario, the employees lose job, governments lose tax money, investors lose their reputation and dreams but the banks are the major losers. For every investment that has become a non-performer banks have 50 …

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Pakistan Day: time to reckon

Pakistan Day: time to reckon

Pakistan Day is celebrated with great fervor every year, but this year the circumstances are very different. People are living under extreme fear due to coronavirus pandemic, not only in Pakistan but around the world. The death of dozens of people from the pandemic, reminds us hundreds and thousands of people, who were assassinated after the partition of subcontinent. This also reminds the helplessness and the difficult administrative and financial conditions prevailing at …

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Perilous neighborhood of Pakistan and its economic hopes and hurdles

He was transferred to a military ambulance that broke down after running a few paces. It took two hours to replace it and by this time the oppressive heat and swarm flies had exhausted Jinnah (Father of the Nation). He passed away in dignity after reaching his official residence. His absence left an agonizing imprint on the future course of Pakistan, something that he, himself feared but could do little to prevent. …

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Review of enormous minerals and natural resources of Pakistan

Review of enormous minerals and natrual resources of Pakistan

Pakistan is 6th most populous country of world having a population of 219,652,490 people; which is 2.83% of the total world population. Pakistan covers an area of 881,913 km2 (340,509 sq. mi), approximately equal to the combined land areas of France and the United Kingdom. It is the 33rd-largest nation of the world by total area. Pakistan is one of those countries which have enormous rich natural resources. It is blessed with vast …

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Creative economy: the Pakistan’s perspective

Creative economy- the Pakistan’s perspective

An innocent enough question: What do you want to be when you grow up? You can pretty much count on visiting relatives to ask your kids what they want to be when they grow up. The question can be intimidating for little ones, who might say they want to be a doctor or pilot or a teacher, without truly understanding what that job involves. When people asked what you wanted to be …

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Coronavirus outbreak affects Pakistan’s economy

Coronavirus outbreak affects Pakistan’s economy

The analysis of economic survey of Pakistan FY2019 showed that the growth momentum of the Pakistani economy, at 5.5 percent in FY2018, became unsustainable because of growing macroeconomic imbalances i.e. high and rising fiscal and current account deficits. In Pakistan’s economy the twin deficits always persisted, however, in FY2018 trade deficit was historically high both in monetary value ($ 32 billion) and as a percent of GDP (10.1 percent), while the fiscal …

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COVID-19 spread deepening economic fear

COVID-19 spread deepening economic fear

The governments and central banks world over readied more emergency measures to tackle the economic impact after spreading coronavirus on Friday, helping financial markets pare some of their steep losses, while more major events were canceled or postponed. US president even declared national emergency and set $50 billion fund to tackle the contagious disease. Till date (Friday March 14) about 138,000 people are affected worldwide and over 5,000 died, according to available …

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Economic independence greatly contribute in empowering women

  Today women constitute half the world population. They have been acknowledged as second rate position and weaker sex in both the developing and underdeveloped countries. They have lost all their self respect and their independent entities in respect with their professional aptitude. They are becoming solely dependent on male for their necessities of life like food, clothing and shelter. In spite of our male dominated society, the women have …

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Monetary policy and interest rates: what does the trend show?

  There seems to be positive sentiment in the economy with the new government taking charge in May 2013. There are high hopes that the economy will flourish, law and order situation will improve, inflation will subside and development projects will create more jobs. The sentiment is reflected in business growth and the KSE-100 index trading at record high of 22,700 points and going strong. Despite the government approaching the …

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