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Home / Archives / 2018 / November 2018 (page 3)

November 2018

Jahangir’s World Times

Tackling the Challenge of Tax Compliance

Tax Compliance

Being relatively less distortionary, direct taxes tend to accelerate economic growth, provided the tax base is broad enough to ensure equitable sharing of tax burden by the economic agents. Voluntary tax compliance (VTC) is considered more efficient and cost-effective method of revenue collection through direct taxes. This could be an immediate explanation why the tax authorities in the modern economies ... Read More »

Right to Information

Right to Information

A powerful social accountability tool Freedom of information is not only a human right, but also an essential tool to engage and empower citizens to demand accountability from governments, and fight corruption. That is why ‘right to information’ (RTI) and the relevant laws, as well as the associated institutions have become a symbol of a society’s commitment to good governance. ... Read More »

Streamlining Pakistan-India Relationship

Pakistan-India Relationship

By: Asad Hussain The ever-worsening bilateral relationship of the two archrivals, Pakistan and India, is fast moving towards an unmanageable phase of circumstances. During the recent months, a warlike situation has been witnessed on the Line of Control (LoC) and in India-occupied Kashmir. The two neighbouring states are excessively involved in waging propaganda wars only to defame each other. The ... Read More »

Change Management in the Justice Sector of Pakistan

Justice Sector of Pakistan

Introduction Change is equal to resistance: the outlook is true for the public sector and more so for the justice sector of Pakistan. In mathematical proportions, the increasing expectations and the decreasing patience on the part of the public are proportional to the increasing inertia and decreasing flexibility on the part of organizations and institutions in the public sector. Strangely ... Read More »

The Untapped Potential of BLUE ECONOMY

BLUE ECONOMY

Pakistan’s route towards becoming an ocean-economy Since time immemorial, oceans and seas have been the source of natural resources and wealth. Many great civilizations evolved, and got destroyed, due to their geostrategic location on the sea routes. The harbours, coastlines and beaches provided humanity with an unending access to abundant onshore and offshore resources that necessitated a fast-paced development of ... Read More »

Slowdown of Economy

Economy

By: Dr Hafiz A. Pasha There are visible signs that the economy is beginning to slow down. During the last five years, the growth process had gradually begun to gather some momentum. The Pakistan Bureau of Statistics had, no doubt, been compelled to exaggerate the GDP growth rate. But the evidence was convincing that the economy had moved up from ... Read More »

Where is the World Economy Heading?

World Economy

By: Waqar Masood Khan There is a lot of flux that characterizes the world economy at present. While developed markets are performing exceptionally well, emerging markets (EM) are facing high uncertainty. More importantly, a very large number of market pundits are predicting that a great recession is just around the corner. The emerging markets are under huge stress. Their currencies ... Read More »

The Economy of Pakistan

The Economy of Pakistan

By: Osama Rizvi A Blueprint for Much-needed Reforms With a $313bn economy (as per the latest 2018 figures released by the State Bank of Pakistan), Pakistan is a country that has undergone a panoply of changes during the recent years. The year 2016 was the annus mirabilis as the stock market yielded a mouth-watering return of 46 percent. Besides this, ... Read More »

Public–Private Partnerships

Public–Private Partnerships

By: Sarfraz Saroya A Quick Guide In every country around the world, fiscal or budgetary constraints have seen the governments adopt supplementary and innovative approaches to infrastructure provisioning and funding, away from the traditional role of the government as the only infrastructure service-provider, to include the expertise and finance of the private sector. One such measure is Public-Private Partnership which ... Read More »

Global Economic Restructuring

Economy

By: Michael Spence Powerful implications of the Restructuring of the World A decade after the collapse of Lehman Brothers, the world economy is back on shaky ground. In its latest World Economic Outlook, the International Monetary Fund (IMF) has warned that the world economy is at risk of another financial meltdown, following the failure of governments and regulators to push ... Read More »