2022

Estimating the Footprint of Government on the Economy (Article)

1. INTRODUCTIONTotal Government Expenditure and the percentage that it represents of the total Gross Domestic Product (GDP) is often taken as a measure of the size of the government’s footprint and its involvement in the economy. A low percentage reflects that the government’s capacity to influence the economy through fiscal instruments is limited, and low …

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Lahore’s Urban Dilemma (Policy)

The rules currently are too complex, detailed, often self-contradictory, and subject to multiple interpretations. The permissions and procedures written therein can slow down development as envisioned by PM for the welfare of the country. Building and zoning rules are conflated. Building rules are mainly for safety and curbing environmental externalities. In this regard, setbacks and …

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PIDE’S Charter of Economy (Policy)

BACKGROUNDDespite experiencing extreme economic and political instability, Pakistan has still been unable to break with the ramshackle of its unstable development enigma. Pakistan’s economic indicators over the last seventy-two years have fluctuated widely: the sixties, the eighties, and a significant part of the 2000s registered high growth episodes (over 6.0 per cent), with low growth …

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The IMF Choice (Policy)

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 our way out …

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