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
The outgoing Fiscal Year (FY) 2023-24 was a transitional period for Pakistan’s economy. According to the Finance Division’s monthly ‘Economic Update and Outlook July 2024’, progress was observed across multiple domains, setting
The United States Dollar (USD) has long enjoyed the ‘exorbitant privilege’ of being at the centre of the international financial and trade system, serving as the dominant currency for holding financial assets
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
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
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
Many societies today face the economic problem of an “outsized” banking system, too powerful in its influence and too distortionary in its impact for the rest of the economy to function properly.
In a recent virtual book launch1 at PIDE for the book Public Value and the Post-pandemic Society, it was distinctly noted that a comparison between public
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The world economy saw a ‘great divergence’ as a result of the first two Industrial Revolutions (IR-1 and IR-2) between 1750 and 1950 AD. The economic shift occurred from East to West
In recent years, Pakistan’s IT industry has shown significant potential for growth while confronting various challenges. This Working Paper presentsa comprehensive SWOT analysis to assess the industry’s Strengths, Weaknesses, Opportunities, and Threats
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