The results of the recent elections of the Supreme Court Bar Association in Pakistan can be read as a vote by the lawyers against the Pakistan People's Party regime. The PPP government has been...
Columns
It is somewhat misleading to label the present crisis a "subprime crisis". This suggests that when banks make subprime loans, that is, practise financial inclusion, they are apt to get into trouble...
We should in the first place celebrate the extraordinary improbability and incredible beauty of Barack Hussein Obama's victory in the presidential elections of the United States. It required the...
During the course of the 25-yearlong civil war, the Sri Lankan state has changed character, which is now manifest very sharply. Sri Lanka has become a national security state where civil and...
The elephant in the room in the campaign for the US presidential elections remains the "race" factor which no one wishes to acknowledge. Barack Obama, as an Afro-American, has to perform according to...
Pakistan can still win the war against 'jihadi' militancy without having prior political consensus, which is proving elusive, if its security forces function coherently. Victory will be surer,...
The decision to shift the management of public debt from the Reserve Bank of India to a specialised debt office under the ministry of finance offers an opportunity to explore ways in which the costs...
The military-backed caretaker government and the army are poised to retreat from the scene after having achieved very few of the objectives they set for themselves in January 2007. In the months...
The new governor of the Reserve Bank of India will have to navigate a path that brings international recognition of India's banking supervision and standards, but avoids the worse pitfalls of the "...
With two months to go for the presidential elections in the United States, the race to the presidency appears to be a very close one, akin to the last two elections in 2000 and 2004. The puzzle is...
Asif Zardari's election to the presidency may seem to represent the triumph of democracy in Pakistan. The larger question, however, is what kind of democratic rule is this going to be with so much...
Pakistan and Nepal offer contrasting scenarios in a transition to democracy. Both countries are going through a period of painful transition with significant specificities. The complicated power-...
Is India heading towards its own sub-prime crisis? There have been a number of developments that suggest such an eventuality is possible. Bank credit has been growing very rapidly in recent years,...
With many of the Latin American countries electing left wing governments in the past decade, the United States is losing its influence in what has hitherto been its "backyard". These countries are...
As Pakistan's elected government struggles to find its pitch amidst escalating problems on the security, economic, political and foreign policy fronts, there is much to rattle domestic and foreign...
