LAHORE: The economic pie is divided among the income classes where high-net-worth individuals buy luxury goods and services while low and middle-income ones buy mass produced goods. Luxury goods are usually imported. If they are produced locally, they will involve a lot of imported content. In addition, they are produced through capital-intensive techniques. Hence, they […]
Author Archives: Fahd Rehman
The writer is a PhD Economics Scholar at University of New South Wales Canberra, Australia
Posted inBusiness
A stabilised budget
Posted inBusiness
