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Wednesday April 17, 2024
Dr Akmal Hussain
Dr Akmal Hussain

  • February 16, 2023

    To survive and prosper

    That Pakistan is in a profound economic and political crisis is no longer in dispute. Most observers and economists are united in that opinion. What...

  • February 12, 2023

    A defining moment

    This is a challenge that comes, but rarely, in a country’s history. The wisdom and courage with which the people resolve this crisis will test the...

  • July 03, 2022

    The relevance of ancient wisdom

    Akbar S Ahmed’s new book, ‘The Flying Man’, is a masterpiece for our times. I use this word carefully to suggest that only a master of his...

  • May 29, 2022

    The IMF and beyond

    When we study the pattern of the recurrent balance of payments crises, we find that its magnitude has an escalating trend. This time, such is the...

  • May 18, 2022

    Avoiding default without misery

    The challenge in dealing with the short-term crisis is to avoid debt default without making the poor pay for it. At the same time, the tactical...

  • April 09, 2021

    Colonial intrusion and Pakhtun resistance

    The new gem from Akbar S Ahmed is a compiled and edited publication of two apparently unrelated, but subtly interlinked manuscripts: A set of...

  • March 26, 2020

    Covid-19: emergency response

    Pakistan has begun to enter the steeply rising phase of the incidence of the Covid-19 infection. Less than a month ago on February 26, there were...

  • March 21, 2020

    Covid-19 and economic policy

    Covid-19 has made human suffering the predominant preoccupation for policymakers across the world. Out of the darkness of death and disease is...

  • September 12, 2019

    Dynamics of the Kashmir crisis

    Modi’s move in Kashmir was designed to present a political fait accompli to Kashmiris, Pakistan and the international community. But instead of...

  • September 02, 2019

    Elements of BJP’s fascism

    The annexation of Indian Occupied Kashmir by the government of PM Modi signifies the onset of a new dynamic of power in the Subcontinent that could...

  • May 19, 2019

    Economics of unconventional warfare

    Three features of the present economic and security environment lead to the surmise that Pakistan is in the grip of what is termed ‘unconventional...

  • May 11, 2019

    After the programme

    As Pakistan enters into its 13th IMF programme, it may be helpful to consider the likely economic, political and security consequences. Since the...

  • April 19, 2019

    War or peace?

    Foreign Minister Shah Mahmud Qureshi on Sunday, April 7, in a press briefing in Multan, announced that the government had “reliable” information...

  • March 14, 2019

    As the storm abates

    During the parliament session on February 28, Prime Minister Imran Khan calmly announced near the end of his speech that the previous night he had...

  • February 27, 2019

    At the edge of the precipice

    So, the die is cast for another confrontation between two nuclear-armed neighbours. The way it unfolds could determine whether the peoples of this...

  • October 27, 2018

    IMF instead of development?

    Pakistan once again is on the verge of adopting an IMF programme. This decision is being taken by a government that had sought electoral support on...

  • October 09, 2018

    Economic development and the university

    Development research over the last three decades has established two propositions that have major implications for redefining the role of a...

  • September 19, 2018

    Natural disaster, social catastrophe

    Pakistan’s economy is vulnerable to the adverse effects of climate change. Pakistan, in 2016, stood at the fifth highest in the list of countries...

  • September 08, 2018

    Towards a human economy

    We can redefine underdevelopment as a condition that constrains the full potential of society from being actualised. This occurs when there is a...

  • May 24, 2018

    Triggering transformation

    In our previous article in these pages, ‘Development as transformation’ , we had outlined the conceptual framework for the idea of development...

  • May 10, 2018

    Development as transformation

    Imran Khan and his party, the PTI, recently released their manifesto, outlining their commitment to education and health, among other matters. No...

  • February 02, 2018

    Rethinking economics

    Nobel laureate Professor Joseph Stiglitz had made a rather telling comment during a seminar some years ago. Stiglitz had said that the recent world...

  • October 26, 2017

    The roots of recurrent economic crises

    Once again, the symptoms of a financial crisis have become apparent. Over the last year, the deficit on the current account of the balance of...

  • May 24, 2017

    The budget and development

    The budget is not just an accounting exercise that brings government expenditures and revenues in line with what is considered a prudent deficit...

  • November 17, 2016

    Trump: the dialectic of history

    Trump has won, confounding the predictions of his defeat by most of the liberal intelligentsia and the media. Two interrelated but distinct...

  • October 06, 2016

    Is no-peace, no-war sustainable?

    The human rights violations in Indian-occupied Kashmir had reached a level of brutality to be considered atrocities, when the Uri attack took place....

  • September 08, 2016

    Reducing inequality

    The social, economic and regional inequalities at the global and national levels have become so acute that the injustice inherent in them has become...

  • August 25, 2016

    Multidimensional inequality

    Economic orthodoxy over the last six decades thought that the market mechanism would in time reduce economic inequality. This view was based on the...

  • July 09, 2016

    Knowledge and public policy

    Three features of the contemporary world manifest the challenges to knowledge and public policy at the global, regional and national levels. First,...

  • June 16, 2016

    Sustaining agricultural growth

    With the publication of the latest official data on Pakistan’s economy in the year 2015-16, a matter of serious concern for policymakers has...

  • June 02, 2016

    The budget design

    With the budget session due, it may be pertinent to examine the issue of budget priorities. In the past, the budget design was essentially seen as...

  • May 19, 2016

    Legitimacy undermined

    Once again, Pakistan is at a turning point in its political history. Yet again the institutional structure of politics is threatened by the pursuit...

  • May 05, 2016

    The real threat to democracy

    After the Panama Papers scandal, the demand for accountability by the opposition and the threat of launching a mass protest campaign are believed by...

  • April 14, 2016

    The human cost of corruption

    The recent exposures in the Panama Papers scandal have reinforced long-standing public suspicions of misappropriation of public funds, tax evasion...

  • March 31, 2016

    Countering terrorism

    The coalition of terrorist groups that is waging war against Pakistan struck Lahore on Easter Sunday. Children were playing in a public park...

  • March 17, 2016

    The injustice of inequality

    A defining feature of Pakistan’s economy and society is the inequality of income and productive assets. The resultant inequality of...

  • March 03, 2016

    Social capital

    Capital within the capitalist mode of production has historically been counter-posed to labour. In a situation where the labouring class does not...

  • February 18, 2016

    Inter-dependence

    Inter-dependence is one of the defining features of human society since Homo sapiens first began their journey of life on earth in small groups in...

  • February 04, 2016

    The idea of a university

    The armed forces are fighting the terrorists with great valour and determination. The terrorists are retaliating by attacking students and teachers...

  • January 21, 2016

    The economics of peace

    A new configuration of international relations is emerging in this region: old adversaries are becoming aware of new opportunities of prosperity...

  • January 07, 2016

    The world economic crisis

    What began as a financial crisis in 2008 rapidly metastasized into a global economic crisis that pushed the world economy into the deepest recession...

  • December 24, 2015

    Towards transformation

    Pakistan has not been able to sustain its GDP growth rate at a high level, nor has growth had a substantial impact on the living conditions of the...

  • December 10, 2015

    Rethinking IMF programmes

    Pakistan is in the midst of yet another IMF lending programme and is assiduously attempting to fulfil loan conditionalities in the face of mounting...