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such as planting a tree. Lets say I buy a tree and plant it in my garden. I benefit from it. This is called private (my own) benefit. I pay a price for this tree keeping in view the private benefit only. But my neighbor, other people nearby and society in general also benefits from it. This is...

Even though i agree with your privatisation point of view in case of PIA, I dont know which economics you are talking about. I am doing PhD in Monetary economics. Let me know which economics book says social returns is a scam? Also positive externalities are not fully paid for which is why...

when we talk about reasons 'other than profitability', we are essentially talking about positive externalities according to econ 101. If social returns are greater than private returns, then the government should be involved in providing that service. This is standard economics. Indeed if need...

Here is how an economist will ask this questions: Are their routes which PIA must serve even if such routes are not profitable? Maybe because of strategic, trade, and/or future reasons? If the answer is yes then PIA should not be privatised. If the answer is no then PIA should be privatised.

Office spaces must only be provided to nazims and naib nazims with admin powers. Cost of providing office spaces to around 40 thousand councillors will be huge and of no benefit. also i do not see any reason why funds should not be distributed on population basis. You cant just release the...

really good news... seems like China is getting serious about Gwadar development increase in the share prices says a lot about it

debt servicing will end. currently around 40% (i think) of our budget goes to debt servicing. most of the new debt we take is to pay back our old debt. now you can imagine what will happen when all this money is spent on development... also new debt becomes very cheaper if your existing debt is...

So whats wrong with it? I dont mind an independent body conducting a survey on any government's request. Moreover, Punjab has appeared as lagging in almost all the indicators compared to KPK. I failed to see any punjab bias in the results. Some results are hard to comprehend but people dont...

idk.. I think PTI people have dragged themselves too much on the protest route. Naturally they end up getting more press for protests etc and less for performance in KPK

ya thats interesting... but given law and order etc has improved a lot in Sindh during the last year so im not too surprised that people's perception in Sindh has improved somewhat its quite obvious that all the 'Federal' related indicators have improved in Sindh over the last year... I think...

There is something PTI is doing horribly wrong that their party ratings have gone down despite better performance in KPK... and there is something PMLN is doing very right that their party ratings have gone so high despite no improvement in performance...

KPK has outdone Punjab in almost all indicators mentioned above.

So people in KPK are feeling better off as far as democracy is concerned compared to all other provinces. Also KPK people think that things have improved for them over the last year. However, people in Punjab have seen things going towards worse. It makes sense that because of better...

do we have an online link to the document? i was trying to find it few days back

where is the allegation? Drone attacks were a reality and likewise is the govt's claim that allowing the hunting of our wildlife serves our foreign policy agenda!

so our foreign policy requires some sort of killing.. either of our people (drone attacks) or of our wildlife interesting..

all is well. appreciate your asking. just busy with teaching and my phd totally agree. the problem with support packages is that no govt can give support packages to all the industries across the economy. policymakers need to sit together and decide what exactly is our niche and in which...

they will vanish anyways... once we start paying back all this loan starting from 2017. The next govt will have no option but to go to IMF again... unless the current govt somehow manages to boost exports and foreign investment

indeed they are not bec of IMF alone. They are because of: Remittances IMF CSF WorldBank KSA EuroBond and Privatisation Receipts. All of the above has nothing to do with the real economy (i.e. exports and foreign investment)