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Economy

Bolivia Unravels

Bolivia, once celebrated as a South American economic success story, is now a stark example of how over-reliance on natural resources and poor governance can bring a nation to its knees.

Reviving Growth

India’s recent GDP figures reveal a slowdown that raises serious concerns about the country’s economic trajectory. At 5.4 per cent year-on-year growth for the July September quarter, this marks the slowest expansion in seven quarters.

Pakistan’s culture of exemptions

With successive civilian and military governments living beyond their means, unwilling to mobilise domestic resources and averse to economic reform, that fact alone contributed to miring Pakistan in perpetual financial crisis, with virtually every government in the past five decades leaving the economy in much worse shape for its successors to manage.

Rule of the rich in Pakistan 

Global credit rating agencies have just downgraded Pakistan to CCC-. Inflation is projected at 33 per cent through the first half of the fiscal year. Neither the government nor the IMF concerns itself with publishing unemployment figures these days