The writer holds PhD in Economics degree from the University of Barcelona, and previously worked at International Monetary Fund.Prior to this, he did MSc. in Economics from the University of York (United Kingdom), and worked at the Ministry of Economic Affairs & Statistics (Pakistan), among other places. He is author of Springer published book (2016) ‘The economic impact of International Monetary Fund programmes: institutional quality, macroeconomic stabilization and economic growth’.He tweets @omerjaved7
A Project Syndicate discussion revisits the “Adam Smith problem,” arguing Smith’s moral psychology shaped markets. It warns that neoclassical misreadings and policy choices helped fuel inequality and weakened political voice.
Marking 250 years since The Wealth of Nations, the piece argues that key Smith ideas—like the invisible hand and division of labor—are often misread, and calls for a more balanced approach to specialization and worker freedom.
With peace talks stalled, the Strait of Hormuz faces near closure, pushing oil and gas prices up. Fertilizer shortages follow, raising food prices and threatening production worldwide.
IMF Spring Meetings signal a worsened global economic outlook as the Middle East conflict continues. The IMF’s World Economic Outlook uses reference, adverse, and severe scenarios to project slower growth and higher inflation.
A 2025 air quality report shows PM2.5 levels worsening globally, with Pakistan among the most affected. The article argues austerity and conflict limit investment in clean-air solutions.
The ongoing Iran War has caused oil prices to surge nearly 60%, reaching close to $120 per barrel, significantly impacting the global economy and inflation rates.
The ongoing conflict in Iran has triggered significant economic shocks, particularly in oil and gas prices. This article discusses the implications for global markets and the need for balanced policy responses to mitigate inflation and supply issues.
Sadly, this spirit of activism, and collaboration is not present in any significant way in Pakistan, where the neoclassical, and related neoliberal, and austerity-based models continue to dominate the teaching, and practice of economics.
This article examines the complex relationship between neoliberalism and industrial policy, highlighting the historical context and implications for global economies.
The IMF's latest WEO Update projects steady global growth at 3.3% in 2026, driven by AI investments and trade dynamics. Experts urge caution in navigating economic challenges.
