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Parvez Hasan* 1. Introduction Pakistan has had a checkered economic and political history. The country’s periods of rapid growth in the 1960s, the first half of the 1980s, and 2002–07, have been followed by periods of sharp economic slowdowns...

Popular Narrative India has been the world’s favorite country for the last three years. It is believed to have superseded China as the world’s fastest growing large economy. India is expected to grow at 7.5%. Compare that to the mere 6.3% growth that...

Central and Eastern Europe: CEE economies to benefit from revived domestic demand; 2.5% average growth rate in CEE vs. 1.1% in Austria and Eurozone in 2015; at least one central bank to continue with rate cuts Eurozone: recovery to remain fragile; no...

Daily GK Updates – 14th – 15th March 2015 1. PM flags off train service at Talaimannar in Sri Lanka i. Prime Minister Narendra Modi today flagged off a train service at the north-western Sri Lankan town of Talaimannar – the closest point to India ...

The normal rhythm of politics tends to lead most nations’ econ¬omies around in a circle, ashes to ashes. This life cycle starts with a crisis, which forces leaders to reform, which triggers an economic revival, which lulls leaders into complacency, which...