Tag: Economy

Economy of Pakistan over the Years

Written by Muhammad Hamza Sharif 8:15 pm

With an external debt exceeding 130.1 billion dollars, Pakistan faces precarious debt levels, political instability, and deteriorating economic indicators. The global economic downturn spurred by Covid-19 hit advanced economies hard and sent the growth rates of developing and underdeveloped states plummeting. The PTI government made modest gains, particularly in agriculture and manufacturing. However, deep-seated challenges such as energy crises and regulatory hurdles persisted. Hamza Shariff concludes that Pakistan must prioritize structural reforms, invest in human capital, and diversify energy sources to unlock the nation’s economic potential.
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Transforming the Economic Condition of Pakistan: Challenges & Solutions

Written by Lt Gen (R) Tariq Khan 9:12 pm

Lt Gen (R) Tariq Khan examines the dire economic condition of Pakistan. He asserts that the state of Pakistan’s economy is the result of none other than its own policies and its disregard for the well-being of its citizens. In light of this self-inflicted damage, he advocates for a new economic initiative to steer Pakistan towards recovery.
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How Contemporary International Public Policy is Shaped by the Legacies of Colonialism

Written by Tahoora Kamran 7:11 pm

The aftermath of colonialism is evident in the contemporary political landscape which shapes international public policy and helps in understanding conflicts in the world. In this research paper, Tahoora Kamran uncovers the legacies of colonialism through three cases—the French colonial pact; Belgian rule in Rwanda; and neocolonial governance through the IMF and the World Bank—all of which ultimately indicate the traces of colonialism and showcase the importance of using a postcolonial lens.
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The Indian Economic Model: A Story of Progress & Paradox

Written by Jana Awez 6:33 pm

Jana Awez provides a critical analysis of India’s economic growth, revealing the harsh realities that exist beneath the surface of its impressive economic achievements. Despite economic gains, citizens grapple with debt, inflation, unemployment, and poor infrastructure. India’s dream of becoming an economic superpower clashes with existing social issues.
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The Anglo-Soviet Invasion of Iran

Written by Amna Asif 5:06 pm

The Anglo-Soviet invasion of Iran officially began on 25th August 1941 and concluded on 31st August 1941, a day after the Iranian government had agreed to surrender and establish a ceasefire. However, the invasion was more than a mere military operation; it assisted in setting the stage for Iran’s role in global politics along with shifting the perspective of the Iranian government and its populace concerning the West.
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Voices Unheard in Pakistan’s General Elections: The Paradox of Gilgit Baltistan’s Political Rights

Written by Wazir Zafar Hassan 5:49 pm

Wazir Zafar Hassan laments the political status of Gilgit Baltistan (GB), especially since the residents of the GB area do not have the right to vote in the general elections of Pakistan. He raises his concerns in the hopes that he and the rest of the people of GB will be able to secure political representation in the National Assembly.
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Countries with the Highest GDP per Capita for Each Continent

Written by Muhammad Ali Asif Javaid 6:27 pm

Across continents, countries exhibit diverse economic standings. This infographic highlights the top-ranking countries in terms of GDP per capita on each continent.
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Canada-Philippines Defence Agreement and the South China Sea Dispute

Written by Muhammad Shahbaz Rajper 8:39 pm

The recent defence agreement signed between Canada and the Philippines is focused on cooperation in military education, information sharing, training exchanges, peacekeeping operations, and disaster responses regulated between the military and defence establishment of both countries. Although it doesn’t mention a direct aim of safeguarding the claims of the Philippines in the South China Sea, the defence agreement would surely play its role in the ongoing dispute.
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The Fault in Our Stars: Pitfalls in Pakistan’s Economic Development

Written by Aiman Shahid 6:35 pm

As Pakistan approaches its 77th anniversary, Aiman Shahid reflects on its journey. Impacted by political turmoil and a neglect of economic development, Pakistan trails behind other developing nations such as Bangladesh – a state once poorer than Pakistan, now emerging as a success story, overcoming adversity through strategic reforms and empowering its female workforce. Comparing Pakistan to African developing states, she also highlights valuable insights from Rwanda’s path to progress, which could transform Pakistan’s economy and help the South Asian state achieve its development goals. As the nation stands at a crossroads, it must confront its identity crisis and persevere to shape a brighter future.
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Efforts to Curb the Drug Menace in KP

Written by Syed Salman Mushtaq Gilani 6:08 pm

Nothing hampers economic growth more than a disorderly and chaotic society, especially where illicit drugs run free in the market. Syed Salman Mushtaq Gilani focuses on the Anti-Narcotics Act 2017 and its impact on drug control within the KP province, especially on the youth.
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Insight into the India-Middle East-Europe Economic Corridor (IMEC)

Written by Minahil Khalid 6:29 pm

The India-Middle East-Europe Economic Corridor (IMEC) is positioning itself as a competitor to China’s Belt and Road Initiative (BRI). Minahil Khalid expands on how this initiative materialized after the September 2023 G20 summit. IMEC holds significant economic and strategic importance as it connects India, the Arabian Gulf, and Europe, thereby establishing a trade route with the potential to reshape global trading dynamics. The impact of IMEC on Pakistan needs to be assessed, considering that this corridor may pose challenges to the success and involvement of the China-Pakistan Economic Corridor (CPEC) in the region.
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The 27th GCC-EU Joint Council in Oman

Written by Hafiza Syeda Azkia Batool 6:30 pm

The 27th Gulf Cooperation Council (GCC) – European Union (EU) Joint Council and Ministerial Meeting took place in Muscat, Oman on 9th and 10th October 2023. Chaired by H.E. Sayyid Badr Al-Busaidi, Foreign Minister of the Sultanate of Oman, and H.E. Josep Borrell, High Representative of the EU for Foreign Affairs and Security Policy/Vice-President of the European Commission, the meeting aimed to strengthen the strategic partnership between the two organizations.
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From Manifesto to Mandate: Understanding the Road Ahead for Argentina

Written by Muhammad Karam 6:29 pm

Muhammad Karam delves into Argentina’s recent political landscape, focusing on the 2023 general elections that resulted in the election of Javier Milei, a far-right anarcho-capitalist, as the new president. With his landslide victory, Milei’s unconventional approach and economic promises are analyzed in depth, along with an exploration of his background, campaign strategies, and the challenges his administration may face.
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The Pakistan-Iran Border: A Conduit of Culture, Trade, and Geopolitical Dynamics

Written by Muhammad Shahbaz Rajper 8:14 pm

The Pakistan-Iran border of about 900 kilometers serves more than just an average natural barrier function; it’s an energetic artery for economical, traditional, and geo-political significance. In fact, the contemporary contacts with Iran date back to ancient migrations of Persian monarchies, Mughal emperors, and Safavid shahs who laid the historical borders that persist to this day.
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Coloniality of the P5: Decoding the Power Dynamics in the UNSC on the Israel-Palestine Conflict

Written by Fatima Arshad Warraich 7:50 pm

Fatima Arshad Warraich shares how the permanent membership status and the absolute and unaccountable power to veto wielded by the P5 nations in the UNSC undermines democratic principles of the majority. She also adds that it compromises the Council’s ability to impartially address and maintain global peace and security. She illustrates this by citing how the US, one of the P5 members of the UNSC, vetoed the resolution that demanded immediate humanitarian ceasefire in Gaza on grounds of inadequate condemnation of Hamas and the ceasefire’s inability to create durable peace in the region.
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What to Expect from the 2024 Taiwan Elections?

Written by Habiba Ali and Muhammad Hamza Tanvir 5:56 pm

China’s growing influence around the world and its emergence as the rising superpower of the globe has inflicted fear in the people of Taiwan who have presidential elections on 13th January. The major presidential contenders, along with an increasing majority of Taiwan’s population, reject the idea of Chinese governance. However, distinct differences among these parties may result in significantly diverse political landscapes.
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Enabling Innovative and Research-Driven Education for All in Pakistan

Written by Duaa Ayaz 8:29 pm

Duaa Ayaz discusses the need for Pakistan to revamp its education system and adopt a research and outcome-oriented hybrid educational model to bridge the gap between the curriculum and 21st century demands. The education system in Pakistan is outdated and fails to equip students with the modern requisites, subsequently increasing unemployment. The state must enable education by fostering public-private partnerships, increasing vocational training, and promoting mental health initiatives at school level.
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