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Dr Adeel Malik
Wednesday, September 16, 2009
It takes little imagination to recognise that the organising principle of Pakistan's sugar markets is political patronage. Sugar mills are both founded and sustained through public resources. The nation pays dearly in this process: ...
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Tuesday, September 15, 2009
Dr Adeel Malik
Thanks to a variety of market distortions, the growers of sugarcane are not adequately rewarded for their contribution. They have weak bargaining power relative to the processors. The entire structure of production and market ...
Monday, September 14, 2009
Dr Adeel Malik
In recent years, a standard official response to rising food prices was to blame them on global markets. During the last days of General Musharraf’s rule, when food prices skyrocketed to new heights, economic advisers routinely ...
Saturday, September 12, 2009
Dr Adeel Malik
In his famous book, Coffee and Power, Jeffrey Paige provides a vivid illustration of how a single commodity, coffee, is sufficient to explain the power structure of Central America. Despite the varying political complexions of its ...
Saturday, March 07, 2009
Dr Adeel Malik
Pakistan is gripped by a worsening cycle of violence. The most recent episode ? an attack on the Sri Lankan cricket team ? has damaged a revered symbol of national pride: cricket. Pakistan has witnessed numerous attacks on civilian ...
Sunday, August 24, 2008
Dr Adeel Malik
In the midst of all the jubilation surrounding Musharraf's resignation, one must pause for a more serious question: is Musharraf's ouster a last good-bye to dictatorship in Pakistan? If newspaper reports are to be believed, ...
Tuesday, August 12, 2008
Dr Adeel Malik and
Usman Hayat On July 17, angry protestors at the Karachi Stock Exchange made headlines in international media. These protests--mainly by small-scale investors--came after a 35 percent fall in the KSE-100 index from its all time ...
Wednesday, July 02, 2008
Dr Adeel Malik and Usman Hayat
On June 24, the KSE-100 rose by 960 points, or about 9 percent, setting a new record for a single day's gain. This record was set after the SECP and the KSE decided to take certain extreme measures, dubbed as "Measures for Market ...
Saturday, June 14, 2008
Dr Adeel Malik and Usman Hayat
The dramatic fall of the KSE-100, losing about 3000 points after having crossed the 15,000 mark in March this year, received tremendous media coverage. It was presented as evidence of a deteriorating economy and invited criticism ...
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