BRICS (Brazil, Russia, India, China, and South Africa) is a term first coined by economist Jim O’Neill in 2001 and later adopted into the lingua franca of economists and recognized by the included countries themselves. The organization is comprised of … Continue reading
Tag: Ethan DeJacobson
IMF Loans: A Blessing or Curse?
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