RESEARCH / PUBLICATIONS

Structure of the Space Economy

To understand the space economy, it is crucial to first define its scope. What exactly constitutes the space economy? Where is it located, and how large is it? These questions highlight the pervasive nature of the modern space economy as we move further into the 21st century. The space economy for the

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Fixing Pakistan’s Budget

The question of fiscal sustainability has long haunted the Federal Budget of Pakistan. As deficits have widened over consecutive years, reform efforts have been piecemeal and trivial at best, and counterproductive at worst. What Pakistan’s budgetary architecture requires, however, is a systematic overhaul. By contrast,

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The Stock Market is not the Economy

The ebbs and flows of business cycles provide ample evidence that a stock market, by itself, is not representative of an economy as a whole. Even in recent memory, one may think of how governments around the world poured in unprecedented amounts of stimulus during COVID-19, much of which poured

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Why is this a Ripe Time to Promote Solarisation?

A shift towards solar power use has been taking place across Pakistan recently, as declining prices of solar panels, coupled with frequent hikes in electricity tariffs, have galvanised end-consumers to embrace solar solutions. However, this rapid pace of solarisation has sparked concerns within some policy-making circles. Speculations regarding policy changes affecting solar photovoltaic (PV) participants

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