Stories from Dr Fahd Rehman
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Decentralisation and local development
Current centralised system of administering local govt cannot provide facilities to low-income people
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New provincial govts and decentralisation
Political parties have equal opportunity to decentralise, initiate local govt system in provinces
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General elections and economy
Low forex reserves unlikely to allow govt to accelerate economy in near future
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Transmission sector reforms and load-shedding
Power production will remain sub-optimal due to low forex reserves along with outages
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Expensive and unreliable electricity: a solution
There is need to re-integrate bifurcated companies to yield economies of scale and scope
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Financial globalisation and stock market
Whenever market bubbles burst, they create havoc in real economy, affect long-term growth
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Power reforms: Broken promises and rising costs
Are unabated market reforms in the power sector delivering?
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Financial globalisation and WAPDA
Further reforms must be pushed on hopes power system will become efficient
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Financial globalisation and currency speculation
Flexible exchange rate only suitable for countries that have large forex reserves
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Financial globalisation and govt
Forces of globalisation make it difficult for govt to stem dollar’s appreciation