Budget-making is in the process. This one is a tough budget to make. Covid-19 demands stimulus; but the fiscal deficit is already too high. The government is asking for no new taxes and demanding stimulus for industries and vulnerable. The government want
Millions unemployed, world-famous tourist attractions closed, movie sets shuttered and a huge deficit looming: California has been among the states hardest hit by the pandemic economically.
From the death of a black man in Minneapolis to a racist incident in Central Park, camera phones are increasingly being used as a weapon against racism even when justice doesn't always follow.
Unfortunately, the exact quote, which by the way succinctly brings out the message, cannot be published - blame it on the censor board. Be that as it may, the more refined version comes out thusly: you cannot ride two horses with one behind.
The 190 State-Owned Enterprises (SOEs) comprising Public Sector Companies (PSCs), Development Finance Institutions (DFIs) and Authorities, employing a total of over 425,000 personnel, incur a colossal loss of around Rs 500 billion a year. In other words,
Alibaba Group Holding Ltd is emerging as one of China's biggest corporate winners of the coronavirus crisis, gaining the opportunity to expand its businesses and solidify its status as a critical part of the country's socio-economic engine.
There were already discussions gaining momentum since the Global Financial Crisis 2007/08 in many policy corners of economy and politics globally - but still remained far from reaching any meaningful threshold in terms of consequences on three main areas
The failure to tap the actual tax potential by the federal and provincial governments is the real issue and not the Constitution (Eighteenth Amendment) Act, 2010 [hereinafter "18th Amendment"] vis-à-vis the National Finance Commission (NFC) Award. Dismal
According to ILO's definition, Social Dialogue means the practice of Tripartism between governments and the representative organizations of workers and employers to achieving solutions and to building up social cohesion and the rule of law through, among
Accepting food handouts for the first time has become reality for thousands in Spain where poverty has soared during the epidemic, echoing the 2008 crisis from which many have barely recovered.
Lock down or die. Lockdown or economy. Lockdown or jobs. Lockdown or lives. These were the debates prevalent. World over and in Pakistan, from experts to individuals, the over whelming discussion was on the necessity of lockdown to defeat a virus that was
What is common between the disinfected mummy of Ramses II, and a well acclimatized shiny spike silver boll of cotton? Nothing much, apparently. But if one scraps the surface a little, one can find both benefitting from radiations in some way.
China's ramp-up of mask production to counter the coronavirus outbreak has claimed unlikely victims - nappies, wet wipes and sanitary towels that are made with the same raw materials.
Article 25 of the Universal Declaration of Human Rights recognizes the right to housing as part of the right to an adequate standard of living. Article 11(1) of the International Covenant on Economic, Social and Cultural Rights (ICESCR) also guarantees th
The Pakistan Bureau of Statistics (PBS) has revealed the final estimate of the GDP growth rate for 2018-19 and the preliminary estimate of the GDP growth rate for 2019-20. This is contrary to the past practice whereby GDP estimates were included in the Pa
Running a business on any scale requires careful planning and the ability of its managers to capitalize on all opportunities presented, while also finding the best solutions to all the challenges that arise in the business landscape. Every economy in the
The sugar inquiry report did not focus on the structural problems creating the 'economic rents'. Rather the energies are expended on chasing the rentiers. And the media eyes are on personalities. The study dealt with the tactical issues - nothing on fixin
The United States on Friday stepped up threats to strip Hong Kong of special trading privileges as it led Western nations in anger over China's brazen assault on the territory's autonomy.
In Barcelona, Laia and her daughter stroll peacefully in Park Guell. At the same time, Mladen savours the silence of the marble alleys of Dubrovnik while Fabiana soaks up the calm of old Lisbon.
As they gradually reopen, US shopping malls are requiring masks and implementing social distancing policies in hopes of convincing customers that they can shop safely in the coronavirus era.
WhatsApp is a pun on What's Up, in case you didn't get it yet - actually, that was a sudden but rational guess made whilst dreaming up the title for today's write up; now it is knowledge confirmed from WhatsApp web page. Cool!
In 1986, the Journal of Political Economy (JPE) published a paper ('Increasing returns and long run growth') by a relatively unknown economist. The same person, Paul Romer, got another one published in 1990 ('Endogenous technical change'), which had manag
In the present circumstances, in the forthcoming federal budget, the need for a fair and simple tax system, as elaborate in Towards Flat, Low-rate, Broad and Predictable Taxes [PRIME Institute, 2016] and referred to in PIDE Policy Viewpoint [16:2020] Doin
Two Ramazan television dramas on a Saudi-controlled network have stirred controversy as they test public perceptions of quietly warming relations between the Gulf kingdom and Israel.
In his article in the New York Times on April 30, 2020, Prime Minister of Ethiopia and the 2019 Nobel Peace Prize winner Abiy Ahmed highlighted the fact that the temporary debt relief provided by G20 group of countries, however a welcome step, it was not