Dr. Ikramul Haq & Abdul Rauf Shakoori The State Bank of Pakistan (SBP), like central banks of other countries, plays an important role in determination and implementation of monetary policy, formulation and implementation of exchange rate policy, holding, managing all…
Critique of extractive capitalism—I Growth, inequality & insecurity
Dr. Ikramul Haq Modern capitalism has become extractive, concentrating wealth and generating insecurity. Traditional socialism also failed to protect individual autonomy. A humanistic economic framework is needed—one that promotes cooperation, economic security and development of human potential….