Economic stabilisation vs high growth

BRUSSELS: There are two camps currently in Pakistan on macroeconomic policy. The first are the ones ...

Austerity can't cure economy, only economic growth can

BRUSSELS: On September 25, the IMF's board approved a new Extended Fund Facility (Pakistan's 25th pr...

A supply-side view of trade deficits

BRUSSELS: In today's world, the trade deficit is often said to "worsen" if it grows and "improve" if...

Why devaluations of currency do not work

BRUSSELS: The idea that devaluations make a country's goods more "competitive" is pure gold to gover...

Destroying trade gains through protectionism

BRUSSELS: The benefits of free trade are based on the classic comparative advantage trade theory, as...