By Dr Manzoor Ahmad Originally Published in The Express Tribune, August 8th, 2016. Pakistan’s Gross Domestic Product (GDP) growth of 4.7% in 2015-16 may be a source of great satisfaction for its economic managers but it is no match to the other South Asian countries. During 2016, the GDP growth of Myanmar was 8.6%, Bhutan 8.4%, India 7.5% and Bangladesh […]
“Decreased government, business and consumer spending on one hand and tight monetary policy on the other hand have caused deflation in Pakistan”. This statement was given by Dr. Ashfaque Hassan Khan, leading economist in Pakistan, as reported by Business Recorder on July 7, 2016, where he argues for expansionist fiscal and monetary policies to steer the economy out of this […]
April 18, 2016 Why we need decentralization? How decentralization increases productivity, output, incomes and welfare? Decentralization is the bedrock of democracy, as a training ground for politicians. Decentralization empower communities individuals. It allows for better regional equality.