On paper, Ally starts his school year in Tanzania in January. However, his aunt Susan, an engineer living in Sweden, has been preparing for this day for months, working hard to send money home to pay his school fees. For …
Read More »Why universal basic income costs far less than you think
Want to get rid of poverty, lessen inequality and provide financial stability in a world of precarious work? Well, why not simply give everyone enough money to ensure basic sustenance? This is the deceptively simple solution proposed by advocates of …
Read More »Ease and cost of doing business in Pakistan – bumpy road ahead
Interview with Mr Abdur Rauf – CEO, Shahzad Apparels Pvt Limited PAGE had an exclusive conversation with Mr Abdur Rauf regarding ‘impact of the rupees depreciation on exports, remittances, investment and cost of doing business in Pakistan’. The excerpts of …
Read More »Urge for globalization now depleting
Globalization is the culminating point of classical economists’ (Adam Smith and Ricardo etc) theories emphasizing comparative advantage in cost of production due to availability of natural resources, capital, division of labor and most importantly location leading to specialization and expansion …
Read More »Poor people are penalised for borrowing to make ends meet – a new alliance gives them another way
Michael Sheen has just launched the End High Cost Credit Alliance. The actor has supported various charitable causes over the years and is now leading this effort to support alternatives to high cost credit which has increased in recent years, …
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