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Economics

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18 Feb, 2014
Privatisation: The Right Way

By Agha Waqar

July 29, 2013 

For countries like Pakistan, the privatisation argument is mostlybased on two elements. First, the fiscal argument that governments improve their financial positions by selling public business enterprises. Second, that allocation of capital between alternative investments would improve if governments were not involved in the process. While these are true, privatisation should primarily have an economic reform focus.

 


18 Feb, 2014
Market-Friendly Or Business-Friendly?

By Ishrat Hussain

December 31, 2013

Governments in developing countries are increasingly being accused of policies and practices that favour cronies and party loyalists in allocation of scarce resources. They do this blatantly in the name of market-friendly policies thereby creating mistrust, suspicion and doubts in the minds of the ordinary citizens about the ‘market’.

 


25 May, 2011
Egypt: You Can't Eat Democracy

May 26, 2011

By Alan Fraser & Ben Crossland

But the most pressing problem for the interim government remains the economy, as in most of the Arab Spring countries: “We are very much concerned by the rise in expectations... Sometimes the demands are justified and sometimes they are unrealistic," Finance Minister Samir Radwan said this week.


02 Mar, 2011
Legislating Middlemans Ouster

By Dr. Khalil Ahmad

March 2, 2011

The middleman tends to be eliminated . . . He can only be safely eliminated by natural processes. Sometimes he is of real use and helps production; sometimes he is not; but this cannot be decided by a blind strike, but only by allowing the forces of competition to act upon him.
[Hon. Auberon Herbert]


21 Feb, 2011
Economic Backbone: Its None Of Your Business

By Nyda Mukhtar 

February 21, 2011
 
They are capable of resuscitating a dying economy and of making third world countries first world powers. They can develop cities and rural areas, put an end to wars, and make societies and communities stronger.


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