Pakistan's Economic Mess—and Washington's Opportunity
In recent weeks, food inflation has spread across the globe. However, according to Asia Program associate Michael Kugelman in an April 25 commentary, Pakistani consumers have faced high food costs for months. Increasing food prices, general inflation, and energy shortages have triggered an economic crisis in Pakistan that "threatens to reverse the gains" of last February's elections. Yet the United States, Mr. Kugelman argues, can take steps to help ease Pakistan's economic strife.
In recent weeks, food inflation has spread across the globe. However, according to Asia Program associate Michael Kugelman in an April 25 commentary, Pakistani consumers have faced high food costs for months. Increasing food prices, general inflation, and energy shortages have triggered an economic crisis in Pakistan that "threatens to reverse the gains" of last February's elections. Yet the United States, Mr. Kugelman argues, can take steps to help ease Pakistan's economic strife.
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The Indo-Pacific Program promotes policy debate and intellectual discussions on US interests in the Asia-Pacific as well as political, economic, security, and social issues relating to the world’s most populous and economically dynamic region. Read more
