Historical scholarship tends to see a continuity in the ulema of south Asia - from the Deoband seminary in the 19th century down to the Taliban of Afghanistan and north Pakistan today. Such an...
Columns
The Committee on Financial Sector Assessment has found Indian banking to be in sound shape. However, while liberalisation and financial integration may not have resulted in excess exposure of Indian...
To what degree does the work programme and the initial decisions mandated by the g-20 address the issues that are of concern to the major emerging markets, and what cues should the latter group...
While much of Pakistan's "civil society" celebrated a famous victory in the restoration of judges sacked by Pervez Musharraf in November 2007, it continues to display an indifference bordering upon...
The sub-prime crisis that erupted in the United States was the first manifestation of the larger financial crisis that has since swept across the world. What early lessons in regulation - on capital...
The aftermath of the uprising by the Bangladesh Rifles in the last week of February poses a major challenge to the two-month old Awami League government of Sheikh Hasina. The government acquitted...
Although the February 2008 elections were probably the fairest ever held in Pakistan the elected government has been repeatedly attacked in the media. Given the historical, political and...
Faced with exasperated foreign demands to take effective action against jihadi militants, Pakistani officials and media commentators routinely give an equally infuriating reply that the country is...
Bangladesh has not just survived the last two years of nondemocratic rule, but it has seen democracy return fundamentally strengthened. A democraticallyelected government, with the Awami League in a...
Financial crashes do not occur randomly, but generally follow booms. Through a number of avenues, sometimes regulatory, sometimes not, though often in the name of risk-sensitivity, sophistication and...
27 December 2008, the first anniversary of the assassination of Benazir Bhutto, was not only a day for paying tributes but also an occasion to reflect on the direction Pakistan has taken over the...
Indian and Pakistani political establishments should deal with the post-Mumbai crisis with greater prudence than they seem to demonstrate at present. Both countries should realise the immense dangers...
The financial crisis has made clear that the accumulation of risk and the occurrence of crises are almost inevitable in a self-regulated financial system governed by a framework of the Basel kind...
To the disadvantage of the elected government in Pakistan, Mumbai has brought forward the moment of truth for the country's tentative transition to democracy. We may not have long to wait to see...
Both the Bangladesh Nationalist Party and the Awami League need to participate in the elections scheduled for next month, for the process to be credible. The elections are likely to be the fairest...
