The money network:

The money network:

Why crowdfunding threatens traditional bank lending

Euromoney’s 2012 FX survey results

Euromoney’s 2012 FX survey results

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September 1996

Power to the people proves a costly wager


Pakistan's successful private power initiative has helped overcome an electricity shortage but has created a foreign exchange burden. The government is gambling on increased capacity leading to greater consumption and higher productivity. But will this be sufficient to pay for imported fuel and the tariffs charged by the foreign-owned power stations? By Philip Eade


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