Firms must build buffers, concerted indigenisation needed in strategic sectors like defence. At individual level, partial social safety net now exists, but more funding required.
In op-ed for ‘The Express Tribune’, Imran Khan says Pakistan must embody 5 guiding principles of state of Madina (Islamic version of welfare state) built by Prophet Muhammad.
In ‘Unshackling India’, Ajay Chhibber and Salman Anees Soz write that India needs to free the economic system from State controls, reduce the footprint of the State.
The Italian term sprezzatura—a studied nonchalance that conceals intention—best captures the spirit of Trump’s foreign policy so far. The pattern is unpredictability, transactionalism, and disruption as diplomacy.
With 20.2 percent of its total loans in default by the end of last year, Bangladesh had the weakest banking system in Asia. Despite reforms, it will take time to recover.
This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.
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