Economic Affairs & National Development

Of the many shortcomings in economic pedagogy, one that is particularly worrisome is the omission of natural capital. Economists excessively discount (or simply ignore) the value of nature in production, taking nature’s

The libertarian schools of economic thought have long placed emphasis on the concept of economic freedom, and the central premise of their thinking is that the greatest prosperity will ensue only when

In his groundbreaking work The Shipwrecked Mind, Mark Lilla attempts to understand the zeal of reactionaries, unable to grapple with the present and lost in a sea of tumultuous ideas. The title

Considerable controversy has emerged over the Temporary Economic Refinance Facility (TERF), a pandemic-era stimulus program that was launched under the auspices of the State Bank of Pakistan (SBP) as a concessionary financing

The salaried class in Pakistan has long borne the brunt of iniquitous taxation. Although not large in terms of sheer numbers per se, their tax effort is far larger than that of

The economy has undergone tremendous upheaval over the past year, and the public has been trampled by the combined forces of inflation, unemployment, and economic stagnation simultaneously.
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The State Bank of Pakistan Amendment Act (SBPAA) was passed into law in early 2022 with the strong insistence of the IMF. The law was more so a reflection of the IMF’s

These are challenging times for Pakistan. The South Asian nation of 249 million people battles one of its worst economic crisis. According to JP Morgan Chase Bank’s analysis, the country’s risk
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