With safe arrival of Chinese cargo at the port, the players making various sinister moves to checkmate CPEC and Gwadar stand checkmated themselves A lot of proverbial water has flown under the bridges since completion of Deep Sea Port of Gwadar. Then it was unimaginable that the port would ever start its operations given … More Gwadar Port Operations: A Red Rag to checkmated players of the global chessboard?
Pakistan’s economy may be facing balance of payment crisis due to its dwindling exports. That could be because of a number of reasons for a virtual shut-down of its export-related industry. But Pakistan is thriving in one line of export; capital. Pakistani investors are making a beeline for getting investment permits and visas in foreign … More Who is behind massive capital flight?
HUSSAIN SAQIB Pakistan’s economy has experienced decades of boom and bust in a set pattern. If we divide Pakistan’s political history into periods of military rule and democratic rule, we clearly see that the country invariably enjoyed economic boom during the so-called military regimes. The bust pattern invariably pertains to the period when Pakistan was … More Democracy and economic growth are incompatible in Pakistan….
If we now count Pakistan’s national security challenges, there will be corrupt and inefficient political leadership, weak economy driven by elite-based taxation system, foreign-aided insurgents, terrorists and,of course, India, in the same order. The armed forces can fight only one of these threats. Focus of Pakistan’s national security policies has always been its Eastern neighbor. … More Pakistan’s Budget 2012-13: National security is not a national priority anymore…..
If the measure of growth is population alone, then we can claim without fear of refutation that Pakistan’s economy is growing at fast track. But when all other indicators are nose-diving, growing population is a lethal bomb for any economy; more lethal than any other explosive device invented so far. International fugitive Osama bin Laden … More Osama’s most lethal contribution to Pakistan’s economy….
By: Hussain Saqib A ferocious debate has been triggered in print and electronic media by some vested interest groups that Pakistan’s military consumes the largest share of nation’s economic pie. The nation is being made to believe that Pakistan’s military is the root-cause of economic woes of the country. These voices may sound music to … More Even zero defense budget will not solve Pakistan’s economic problems…..
Who knows that the Wall Street, in the face of fierce attack from all over the world, may crumble much faster than the Wall itself? Traditions have it that the Dutch had built a protective earthen wall to defend New Amsterdam from attacks from the North. New Amsterdam, along with New Netherlands, was eventually occupied … More OWS: Are the Commies coming again?…..