Tag Archives: IMF

The association self-reportedly seeks secure sustainable development for itself and the global south, to safeguard and advance multilateralism, to institute reform for the goal of representative institutions, and to achieve solidarity among members.

Pakistan's economic policies under the watch of Prime Minister Imran Khan may have contributed to increased tax collection, and high growth in exports, but the costs are long-term and unbearable for the working class.

Food prices have been rising in double-digit figures since August 2019, with incomes falling due to the Covid-19-induced economic downturn.

To provide for sustainability in agriculture Pakistan cannot be “locked” down. Farmers have to be able to sow and plant, water the fields and bring in the harvest. Any disruption of food supply lines would cause hardships to the most vulnerable part of the population and reinforce already present malnutrition.

Without playing down the danger to public health one must put it into context all the hazards threatening millions of lives in Pakistan. Among them are a failing economy and spreading poverty, probably food riots if and when food is not available or too expensive and complex with law and order problems. 

Israel's water independence policy has been successful in eradicating water crisis in that country. Pakistan, being the sixth most populous nation, and the third largest country facing water crisis, can learn from Israel's innovative approaches.

While opposition is an important ingredient in the political system of parliamentary democracy, unfortunately in Pakistan it more of a mudslinging match rather than the presenting of viable alternatives. 

Hafeez Shaikh, who will administer Pakistan's troubled economy after the exit of his predecessor Asad Umar, would do well to form a team of his own choice to be able to handle the country's failing economy and push down soaring inflation, writes one analyst.

While military intervention may be the solution of last resort, martial law is really no solution. With Pakistan’s government taking measures indirectly helping opposition leader Imran Khan becoming successful bringing Islamabad to a total standstill, the economy will take a significant hit.

As the world globalizes further, other developing regions are likely to establish their own regional institutions to provide global public goods. An important lesson for these countries from Asia’s experience is that such institutions should find ways of cooperating with global institutions instead of trying to upstage and replace them.