Economic Development Board

Mayor Zohran Mamdani appointed Lina Khan to chair New York City’s economic development board, which oversees city property leasing including Hudson Yards. Business groups expressed concern, calling the move a 'mixed message,' while the article notes some CEOs acknowledge Khan’s antitrust work may have prevented harmful mergers.

New York City mayor Zohran Mamdani has appointed Lina Khan as chair of the Economic Development Board and Tony Shorris as leader of the Economic Development Corporation. Khan previously chaired the Federal Trade Commission during the Biden administration and has been a close adviser to the mayor.

Pakistan's merger of the Board of Investment (BOI) and Special Investment Facilitation Council (SIFC) presents an opportunity to reform investment promotion. The article argues that institutional changes alone cannot overcome fragmented policies on taxation, energy pricing, and regulation, citing successful models in Singapore, Ireland, Costa Rica, and Uzbekistan. It emphasizes the need for coherent economic strategies and political will to address systemic barriers to investment.