The growth of cryptocurrencies has been met with a variety of regulatory and legislative responses across national jurisdictions, with some signalling approval of the general transactional and functional aspects of cryptocurrencies, while other responding with legislative prohibitions or...

This paper represents a collection of essays on the economics of pandemics written during the first six months of the Coronavirus (Covid-19) pandemic, i.e. December 2019 – May 2020. These essays cover an array of issues ranging from lockdowns, to fiscal constraints, to monetary theory, to the...

The Coronavirus (Covid-19) pandemic has fomented a moral crisis for administrations struggling to choose between “lives” and “livelihoods”, i.e. between mitigating the public health fallout and averting an economic depression. The challenge is being met, and public value trade-off...

This working paper considers the structural challenges that confront the Pakistan economy beyond the immediate impositions of contending with COVID(coronavirus). Using a general thematic approach, the paper seeks to look beyond the urgent preoccupations of COVID to grapple with the important...

This paper examines whether the well-known Monday Effect found in stock andTreasury Bills markets also occurs in the Bitcoin market, which differs markedlyfrom other markets due to its continuous trading. The findings of the paper suggestthat the Bitcoin market is not efficient and provides the...

The Net Run Rate (NRR) system has been employed as a general practice in the ranking and scoring of teams in competitive tournaments within the keenly followed and lucrative sport of Cricket. Despite its imposition by the International Cricket Council (ICC), the NRR method has come into ever...

The domain of aviation is already a centerpiece of global economic life, and its importance to socioeconomic activity continues to grow by leaps and bounds, which is why the concept of the aerotropolis, as urban design centered around an aviation hub, has gained renewed attention. This working...

Fiscal sustainability is an issue of worldwide concern, but it rings particularly true in the case of Pakistan's present debt trajectory. A shrinking fiscal space and an over-reliance on external debt financing has put immense pressure on the Pakistani economy and state; and as the urgency of the...

Economic theorizations of malevolence as laid out in Bargaining Theory (Anderton and Carter 2009) have discussed how grievances over perceived injustices can alter the utility functions, settlement net resources, and therefore the propensity and calculus of war between two nations. To put this...

Economic theorizations of political bias and war as laid out in Bargaining Theory (Jackson and Morelli 2007; Anderton and Carter 2009) have demonstrated that a political leadership's penchant for war may be much higher than that of the people they represent, and the calculus of war for internal...