When Narendra Modi was elected prime minister of India, expectations for his domestic agenda were high given his much lauded tenure managing the state of Gujarat for more than a decade. But since then, some of the greatest surprises have come from his numerous foreign policy moves. In some ways, things haven’t quite worked out in the manner Modi would …
Read More »Who’s afraid of depreciation?
The IMF’s recent press release pursuant to Article IV consultation with the government of Pakistan indicates that the country’s real exchange rate is overvalued by between 10 and 20 percent. (The real exchange rate refers to the nominal or market exchange rate that is adjusted for the home country’s rate of inflation relative to inflation in countries that are competitors …
Read More »US-Iran relations
THE alliance that defeated the militant Islamic State group in Mosul was unusual. Fighting alongside the Iraqi army were not only US forces but also Iran-backed militias. A few weeks ago, with IS on the point of defeat, I spoke to a US officer in Baghdad and suggested he might want to praise Tehran for having stood shoulder to shoulder …
Read More »The HEC in crisis
In a shattering blow to Pakistan’s higher education sector, the finance ministry has slashed the development budget of all universities of Pakistan by more than 60 percent. The original budget allocated for the higher education sector in 2016-2017 was Rs21.48 billion. But only Rs8.42 billion has been released. The funds were diverted towards other pet transportation schemes and left the …
Read More »Heat records in Asia — Pakistan is warming up
I was surprised by a conversation I had with a senior official from Islamabad who was visiting Washington to hold discussions with representatives of the Trump administration. I suggested to him that one of the subjects he should take up is the need for America’s continued support for the Paris Climate Accord. “Why should that be of concern to us,” …
Read More »Dynamics of ethnic conflicts in Pakistan
Ethnic conflicts have been a key feature since the dawn of the modern nation-state system. Pakistan’s history is also witness to several ethnicity-based conflicts, one of which also led to the dismemberment of the country in 1971. Pakistan is still facing a low-key conflict in the province of Balochistan, which gnaws at the country’s overall development. Therefore, it becomes important …
Read More »Can the OIC save Muslims?
By: Raza Muhammad Khan In 2016, the UNHCR reported that over 31 million Muslims from seven Islamic countries – 12 million from Syria, 4.7 million from Afghanistan, 4.2 million from Iraq, 2.9 million from Sudan, 2.6 million from Somalia, 2.5 million from Nigeria and 2.1 million from Yemen – had been forcibly displaced due to conflicts or violence in these …
Read More »Financing SDGs
By: Ignacio Artaza THE international community adopted the Sustainable Development Goals (SDGs) in 2015 as a new global development agenda, encompassing the economic, social and environmental dimensions of sustainable development for all. Meeting the goals requires international, national and local commitments, partnerships and innovative thinking. But it also requires money. To achieve the ambitious targets, estimates suggest that $5 to …
Read More »Trump’s prospective Af-Pak strategy
By: DR QAISAR RASHID “Though President Donald Trump has not finalised any policy on Afghanistan, it can be surmised that, in its essential detail, Trump’s prospective policy would be an extension of Obama’s Af-Pak strategy.” Afghanistan is an important component of the US foreign policy. Just four months after winning the election, former US President Barack Obama declared the US …
Read More »China has opened a military base in Djibouti
By: David Rothkopf The world changed this past week in ways that it may take decades to fully appreciate. With the opening of its first overseas military base in Djibouti, China sent an unmistakable message that its role in the world is changing. The implications for the Middle East and Africa are immediate, but the larger message is that China …
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