In recent times, Pakistan has been recently struggling with crippling economic issues, often on the brink of financial collapse, only to be bailed out by an International Monetary Fund (IMF) loan. The most recent US$7 billion loan agreement mirrors the … Continue reading
Tag: dependency
A path to disaster: Unpacking Lebanon’s Environmental Failures
“A thousand times dead, a thousand times relived,” echoes Lebanon’s history. Injustices. Corruption. Theft. Revolt. Resistance. Persistence. This phrase encapsulates the resilience of a nation striving to live in a country that mirrors its true essence, battling not just the … Continue reading
The Demise of Path Dependency: Pakistan’s Economy
In a system where profit is king, there is little material incentive to diversifying outside of industries wherein powerful stakeholders have interests.