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Afia Malik* 1. Introduction This chapter aims to discuss the crisis of the power sector in Pakistan—its origin and challenges—and, most importantly, to suggest strategies and possible solutions for coping with it. A sufficient energy supply...

        1. What is the Value-Added Tax (VAT)? If you are European or Japanese citizen, you will most likely be used to the so-called value-added tax (VAT). It’s a popular way of implementing a consumption tax in countries and differs from sales tax...

A call for views on corporate responsibility has been published after Business Minister Jo Swinson spoke of its importance at a ‘Transparency for Growth’ event today in London. The Minister outlined proposals by government to build and act...

Must-Read: A very good–and very long–list of must-reads from the estimable Mark Thoma today: Mark Thoma: Economist’s View: Links for 09-13-16: The “New Normal” and What It Means for Monetary Policy – Lael Brainard…. Confused About Taxes – The Baseline...

OECD Guidelines on Corporate Governance of State-Owned Enterprises. Over the past decade, cross-border trade and investment by state-owned enterprises (SOEs) has surged. According to the OECD, whereas in 2005, there were only three SOEs in the Fortune...