PIDE COVID-19 Bulletin No. 2, talked about the ‘lockdown paradox’ that confronted Pakistan, and most countries in the world, at that time. What we have seen in the country is neither a complete lockdown nor exactly just a slowdown. Twenty-two days have passed since that Bulletin, and people are beginning to show signs of worry, …
The Cost of Disinflation: The Sacrifice Ratio? NADEEM UL HAQUE, Vice Chancellor, PIDE ABDUL JALIL, Professor of Economics, PIDE PRICE STABILITY IS IMPORTANT Price stability is an imperative in economics. Independent central banks have therefore been encouraged by the IMF in all countries with a clear mandate to achieve a low inflation target. It is …
Learning about the Corona War: Previous PIDE COVID-19 Bulletins • Bulletin 1: Poverty will increase from 55 million people to 125 million people, depending on the depth of the economic recession due to COVID-19. • Bulletin 2: Lockdown is necessary and how to do it. Partial lockdown is happening now and is likely to cause …
The Corona War: Funding the Affected and Mechanisms to Reach Them Read More »
PIDE has been holding regular virtual meetings with a number of people from diverse backgrounds every day to crowd source information and analysis on the Covid-19 crisis. One important theme that has emerged during these discussions is that the public must clearly see the management of the crisis being done on a war-footing. With that …
Managing the COVID-19 Crisis An Organizational Plan Read More »
COVID-19 has virtually shut down the world. Pakistan has been slow in response but seems to be catching up as Coronavirus spreads in the country. At the beginning, officials were somewhat casual about people entering Pakistan from overseas. In particular, lack of proper quarantine facilities and inappropriate screening procedures resulted in several infected people reaching …
Pakistan is now facing what has come to be known as the ‘Lockdown Paradox’- the paradox to save economy by shutting it down fast. The relation between the pandemic and the measures meant to mitigate it present this painful paradox. A prolonged period of fighting the outbreak would delay an economic rebound in the long …
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 …
Government’s footprint on the economy in Pakistan is more than what annual general government spending (22 percent of GDP) suggests. In addition to spending; about 200 State Owned Entities, SROs culture and cumbersome business regulations combine towards a footprint of the government amounting to approximately 67 percent on Pakistan’s Economy.
This paper argues that successful public policy requires engaged research developing ideas and evidence from diverse vantage points. Pakistan’s social science research remains fragmented, under-resourced and dependent on external agendas. We describe a five-year pilot programme to enhance Pakistan’s research culture. Seventy-two crowd-sourced and competitively-selected projects at 46 geographically dispersed institutions were supported. Provincial universities …
Developing Research and a Research Culture: Results from a Pilot Project in Pakistan Read More »
Real estate development in Pakistan suffers from a bad reputation, both in policy circles, and in the public. Detractors frequently claim that investing in real estate is unproductive and should be discouraged. Officials often put forward unsubstantiated claims that the real estate business is riddled with illegal activity of all sorts. However, when one looks …
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