It is commonplace to emphasise that we are now in a new era of globalisation, marked by the rise in the importance of emerging economies. But what does this really mean? Richard Baldwin, author of The Great Convergence, argues that …
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The Government of Pakistan proclaimed in their statistical report that Pakistan’s balance of trade in August, 2017 was (-) 3,086 million in US dollar. Although the balance of trade statistics cumulative from July-August, 2017 were recorded (-) $6,290 million. According …
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Pakistan started assembling of brands of American and European vehicles in fifties and Japanese brands in sixties. Despite lapse of more than half a century, the industry remains heavily dependent on imported parts. Some analysts attribute the prevailing situation to …
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Interview with Mr H. M. Shahzad – Chairman, APMDA PAGE: WHAT IS YOUR TAKE ON AUTO PARTS IMPORTERS AND MANUFACTURERS? H. M. SHAHZAD: There are two kinds of auto parts dealers in the market. On the one hand there are …
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Pakistan & Gulf Economist Pakistan's Business Financial Magazine