Via the Arab News, interesting commentary on Pakistan’s middle class: Pakistan’s recent elections, which crowned the rise of Imran Khan from cricket star to likely prime minister, spawned numerous hand-wringing articles of the “whither Pakistan?” variety. Most of the articles in the global media focused on a similar theme: The multiple and multiplying economic, social […]
Read more »Via National Interest, a look at Afghanistan’s economic situation: As recently as four years ago, Afghanistan’s war economy was on the brink of collapse when unemployment soared following the departure of thousands of American and foreign forces that had, in effect, created a parallel economy. At the time, the Afghan government had no functioning fiscal […]
Read more »Courtesy of Foreign Policy, a sobering look at the tragic — and totally avoidable — self-destruction of one of the world’s richest oil economies: In the spring of 1959, at a secretive meeting at a yacht club in Cairo, Venezuela’s then-minister of mines and hydrocarbons, Juan Pablo Pérez Alfonso, hatched a plan to give big […]
Read more »