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M Ziauddin

In the world of knowledge economy
Opinion

In the world of knowledge economy

We are almost in the midst of the age of knowledge economy. All around us, especially in our immediate east and up north, it is the knowledge economy that is driving progress and development. In Europe, North America and East Asia knowledge economy is lea
Updated 04 Dec, 2019 06:17am
New Cold War?
Opinion

New Cold War?

Both Pakistan and China have given a fitting reply to the uncalled for and ill-informed US criticism of and objection to the China-Pakistan Economic Corridor (CPEC). But more than the CPEC, the US appears to be too wary of China's One Belt One Road (OBOR)
Published 27 Nov, 2019 12:00am
Leapfrogging into circular economy
Opinion

Leapfrogging into circular economy

Pakistan, especially its cities and most noticeably its economic capital, Karachi, is drowning under piles and piles of garbage rendering the job of clearing the mounting rubbish clutter an ever more difficult and costlier exercise. But what is an even mo
Updated 21 Nov, 2019 10:02am
Trade replacing Terror
Opinion

Trade replacing Terror

In our own geopolitical interests, it is about time Islamabad closed our geo-economic ranks with Afghanistan by establishing a free trade zone (FTZ) along the Durand Line rather than erecting fences to unduly distance Pakistan from one of its closest neig
Updated 13 Nov, 2019 07:45am
Promoting culture of political integrity
Opinion

Promoting culture of political integrity

What happens when a politician writing a law on garbage disposal happens to own shares in a company that specializes in disposing of garbage? Or, if that company has donated millions to the ruling party's election campaign? Or, if it has paid lobbyists to
Published 06 Nov, 2019 12:00am
Why do we borrow?
Opinion

Why do we borrow?

Economic development is said to be about taking the difficult but necessary steps to achieve sustained growth. For example, increasing domestic savings is very difficult, but imperative, maintains Yao Yang in one of his articles (The open secret of develo
Updated 30 Oct, 2019 08:10am
The FATF tribulations
Opinion

The FATF tribulations

The sword of FATF, it seems, will continue to hang over our heads until after February next year when we would know our fate: whether we continue to remain in the 'grey list' or are taken out of it or consigned to the 'black list'.
Updated 23 Oct, 2019 09:14am
Challenges confronting FBR
Opinion

Challenges confronting FBR

Pakistan's economy suffers from rampant tax avoidance and evasion. As a result, our informal economy, spurred by vested interests, has kept expanding by leaps and bounds defying efforts by successive governments to document the national economy. Similar e
Updated 16 Oct, 2019 06:52am
Automation replaces cheap labour
Opinion

Automation replaces cheap labour

All through almost four decades of globalization era starting from late 1980s many countries with cheap labour willingly turned into sweat shops for the rich markets and within a decade or two many of these countries, mostly in East Asia, graduated into l
Published 09 Oct, 2019 12:00am
Business: ease, cost and competitiveness
Print

Business: ease, cost and competitiveness

Considering the current state of the national economy and the highly pessimistic economic prospects projected for the current and subsequent years in the short run by various national and multilateral organisations it is indeed a matter of immense satisfa
Updated 02 Oct, 2019 07:07am
Curricula for 21st century economy
Print

Curricula for 21st century economy

There are a number of reasons why Pakistan's economy has consistently refused to take-off. It has continued to suffer from a life-long socio-economic stagnation despite having had ready access to large amounts of attached and unattached external aid plus
Updated 25 Sep, 2019 07:49am
A new type of warfare
Print

A new type of warfare

Geo-economics is the name of the new global war game today. In a way this game has turned into blood sports lately. What was to have been a tool for promoting sustainable peace and prosperity worldwide as opposed to the disruptive exploits of geopolitics,
Updated 18 Sep, 2019 07:13am
Addressing water scarcity
Print

Addressing water scarcity

According to the OECD estimates, more than 40% of the world's population lives in water-stressed areas, and water demand is expected to rise 55% over the next 30 years. By 2050, 240 million people will lack access to clean water, and 1.4 billion will be w
Published 04 Sep, 2019 12:00am
The 'Tariff Man' dislodges global trade
Print

The 'Tariff Man' dislodges global trade

Donald Trump has made 'economic nationalism' a centerpiece of his agenda in office. And the world-wide repercussions of this agenda have thrown international trading system into total disarray causing hardship not only to the developed but also making lif
Published 28 Aug, 2019 12:00am
Big business back in business?
Markets

Big business back in business?

Pakistan is awash with black cash. And a large part of it being used to fund a highly lucrative smuggling sector expanding exponentially on the back of country's consummate consumerism. But what we want to do is, plugging a new sieve that has appeared rec
Published 21 Aug, 2019 12:00am
Big business back in business?
Markets

Big business back in business?

Pakistan is awash with black cash. And a large part of it being used to fund a highly lucrative smuggling sector expanding exponentially on the back of country's consummate consumerism. But what we want to do is, plugging a new sieve that has appeared rec
Published 21 Aug, 2019 12:00am
The wrong approach
Markets

The wrong approach

Pakistan never lacked the will to liberate India Occupied Kashmir (IoK) from New Delhi's military clutches; but we chose a way for the purpose that could not have led the struggle anywhere other than the point that it has reached today.
Published 14 Aug, 2019 12:00am
Way out of external Dependence
Print

Way out of external Dependence

The four essential ingredients needed to achieve a modicum of economic sovereignty and establish a social welfare state are: energy, capital, technology and manpower. Pakistan lacks the first three and has criminally neglected the last one. Therefore, it
Published 07 Aug, 2019 12:00am
Fund's slippery slope
Markets

Fund's slippery slope

Former finance minister, Asad Umar, has revealed that an alternative solution to deal with the country's financial crunch instead of opting for the International Monetary Fund (IMF) bailout package was presented to Prime Minister Imran Khan in March this
Published 31 Jul, 2019 12:00am
Fund's slippery slope
Markets

Fund's slippery slope

Former finance minister, Asad Umar, has revealed that an alternative solution to deal with the country's financial crunch instead of opting for the International Monetary Fund (IMF) bailout package was presented to Prime Minister Imran Khan in March this
Published 31 Jul, 2019 12:00am