REFORMS

The IMF Choice

Strangely enough “to go or not to go to the IMF” continues to dominate our economic debate. All manner of laughable statements have come out from economic leaders in the government and their advisers. “we don’t need to go to the IMF if we ban cheese.” “We can borrow our way out of our problems …

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The IMF Choice

The IMF Choice Strangely “to go or not to go to the IMF” continues to dominate the economic debate in Pakistan.  All manner of statements have come out of the economic leaders in the government and their advisers. “We don’t need to go to the IMF if we ban importing luxury items.” “We can borrow …

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Why Civil Service Reforms Do Not Work 

Public sector reform (PSR) efforts in developing countries have been less than successful in the past. Motivated by budgetary considerations, they have focused on downsizing and procedural changes without radically altering the outmoded incentive system, which, in many countries, is now characterised by declining real wages, wage compression, and a non-merit promotion and reward system. …

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