Knowledge: Its Supply and Demand

As with any commodity, or commoditised corpus, knowledge too can be squeezed into the neoliberal matrix of microeconomic analysis, where knowledge is framed as a function of supply and demand. If one proceeds from this constraining prism, then one might surmise that the developing world as a whole, and a country such as Pakistan more specifically, suffers from a supply of knowledge. One may deduce this from the low literacy and numeracy rates, from low rankings of universities on international tables, from the percentage of GDP accorded to public and private education or R&D.

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Development and Democracy: Part and Parcel of One Another

Whether democracy is a precondition for development is a debate that continues to stimulate scholarly reflection till the present day. While this intellectual reflection is praiseworthy, the discussion could have been settled long ago when Amartya Sen redefined the concept of ‘development’ as ‘freedom’– a notion that strongly resonates with the human spirit.

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Vote for the Future

The 2024 election in Pakistan deserves praise for three reasons: the spirited participation of the people, including women and young voters; the largely secure environment in which voters gathered; and the confirmation of the people’s commitment to a democratic process. What is also worth noting, however, is the technologically primitive nature of the electoral process, as if we were voting in 1924 rather than in 2024.

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Usman W. Chohan, Public Value and the Post-Pandemic Society

In the book Public Value and the Post-Pandemic Society, author Dr Usman W. Chohan discusses the ‘post-pandemic’ era through the prism of Public Value (PV) scholarship. The first section of the book, titled ‘Changes and Transitions,’ examines the notions of value transition and value stability in the context of the post-COVID era and discusses the two most salient manifestations of challenges to the post-pandemic society, including stagflation and the great resignation.

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Making Pakistan’s Economic Recovery Sustainable

2023 began on a dismal note for Pakistan’s economy, as foreign exchange reserves were fast-depleting, remittances and exports were declining, the rupee was depreciating, industrial production was decreasing, and inflation surged – resulting from a confluence of multiple internal and external factors. In the months leading up to June, newspaper and media headlines continued to warn that the country’s economic crisis could soon morph into a sovereign default without a bailout loan from the International Monetary Fund (IMF).

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Joachim Klement, Geo-Economics: The Interplay between Geopolitics, Economics, and Investments

In ‘Geo-Economics: The Interplay between Geopolitics, Economics, and Investments,’ Joachim Klement delves into the intricate relationship between geopolitical events and the world of finance and investment. Through evidence-based data and analysis, Klement explores how geopolitical trends shape the global economy and financial markets, both in the present and the foreseeable future.


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