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Thursday, 23 May 2013 1:50 pm
High 14 oC - Low 7 oC
Columns by Javed Gilani
Subtle toggling of inputs
an economy unable to reach its production possibility frontier will always remain vulnerable to exogenous shocks, as in the case of Pakistan. It would have been a different story if...
When sovereigns are bankrupt
Recent events in Europe have been extremely instructive. Greece accounts for a very small proportion of the main European economy. It comprises but a couple of percentage points of continental...
Finance lesson for Asia
There are important lessons for Asia in the financial catastrophe unfolding in Europe. The more the continent’s leaders run from pillar to post to avoid contagion, the more they expose...
Banking business in recessions
Market routs like the ’08 recession leave deep imprints in collective investor/observer psychology. Even though the term ‘credit crunch’ is not used as often as it was in the aftermath...
Spirit of capitalist recklessness
Humans love adrenalin. We like our cars fast, we like our planes faster, we love the thrill, we love how the heart beats against our chest, as we beat on...
Asia, the dark horse
It is indeed ironic, and no one might have predicted this, that in times of need, the developing world will come to the rescue of the ailing developed economies. The...
Questioning the delusion of prior knowledge
Can the present generation avert an economic armageddon by questioning the economic paradigms they were taught? Economic policy making has failed us. The global economic recession is a glaring example of...
Leveraging indigenous economic potential
According to the State bank of Pakistan, SME refers to an entity, ideally not a public limited company, which does not employ more than 250 persons in case of manufacturing,...
The flat tax debate
There is a rising crescendo in the US regarding a flat tax system – a policy of income tax which in principle assesses a single rate of tax for all...
Latest News
- Obama administration acknowledges killing Americans in counter-terror operations
- Saudis likely to bailout Sharif government
- Karachi re-polling: PTI leads as MQM condemns ‘fake’ re-balloting
- Sherry Rehman resigns as ambassador to US
- Sit-ins across country over ‘polls rigging’
- Emergency imposed in Karachi
- Protest erupt over rigging allegations
- Eight killed as LDA plaza goes up in flames
- Gunmen abduct Gilani’s son, kill his two aides
- Injured Sanaullah succumbs to injuries
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