Dr. Ghulam Mohey-ud-din, Principal Economist
Imagine a world where every market operates flawlessly, where consumers get the best products at the lowest prices, and producers can’t help but be efficient. Welcome to the fantasy land of “Perfect Competition.” It’s the unicorn of economic markets —
Welcome to Dr. Ghulam Mohey-ud-din ‘s blog, your daily brew of fresh economic insights! Today, we’re diving into the thrilling world of smart cities and their economic impact. You’ve probably heard the buzzword “smart cities,” but what does it really mean
You’re strolling down the aisles of your favorite supermarket, and you notice that the prices of your beloved groceries have dropped. Suddenly, your dollar stretches further, and it feels like Christmas came early. Sounds great, right? But hold on to
Saudi Arabia’s recent decision to join the mBridge project marks a pivotal moment in the realm of central bank digital currencies (CBDCs) and global economic dynamics. The mBridge initiative, launched in 2021 by China with support from the Bank for
Hello fellow economic enthusiasts! Today, we’re diving into a topic that’s hotter than a trading floor during a bull market. With my 20 years’ experience in the economics and related fields, I’ve seen booms, busts, and everything in between. But
Imagine you’re at your favorite coffee shop. You order your usual latte, and the barista tells you it’s now $5, up from $4.50 last month. You wonder why prices keep climbing. Welcome to the world of inflation, where the cost
The ‘aerospace and aviation industry’ is a crucial sector of the global economy, making a significant contribution to air transportation, trade, employment, national security, as well as the overall economic growth of the world. According to a report by the
Water scarcity is a pressing issue not only in Pakistan but in the world as a whole. Numerous factors such as climate change, global warming, water and air pollution, and inadequate water resource management contribute to the global water crisis.
The assumption that ‘Pakistan is an agricultural economy’ is largely acknowledged because the agriculture sector of Pakistan still employs 39 percent of the entire labor force and contributes a substantial 22 percent share to the national GDP. Even though more
Pakistan is currently in economic turmoil, with widespread speculation of a de facto sovereign default. Even though there is many a slip between the cup and the lip, the latest news from the Geneva conference about generous pledges worth US