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Democracy and governance

Democracy and governance

Pakistan’s urgent problems and challenges are all governance related. Dr Husain’s builds a strong case for understanding and confronting the crisis of governance in Pakistan in his new book Pakistan’s main issue has been its crisis of governance as manifested by a weak institutional framework. In nearly seventy one years of existence, Pakistan has been ruled by four governor generals, …

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Pakistan likely to become interchange station connecting China and Europe

Pakistan likely to become interchange station connecting China and Europe

BEIJING: Will Pakistan become a pragmatic bridgehead for China’s cooperation with Europe? It may be too early to say yes, but the country’s broad potential has attracted great attention as the EU pays great attention to strategic partners in the Middle East, especially to Islamic countries. Pakistan is one of the countries with the largest Muslim populations, so although it’s …

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Belt & Road initiative could increase global trade by 12 percent: Report

Belt & Road initiative could increase global trade by 12 percent: Report

ING’s report says countries in Central Asia and Eastern Europe would gain the most from BRI, however, benefits would be contingent upon where trade costs decrease LAHORE: A report says the Belt and Road Initiative (BRI) could help in halving trade costs for countries involved in the project and increase world trade by 12 percent. A report prepared by ING …

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CPEC has changed the dynamics of Pakistan’s business & economic landscape

CPEC has changed the dynamics of Pakistan’s business & economic landscape

prevailing for years was causing an unrest among the public and casting negative effects on the country’s industries and other economic activities. Pakistan’s Ministry of Energy said that the completed CPEC power projects have brought a great change in the energy sector by bringing the power cut hours to zero form 12-14 hours a day in 70 percent of the …

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State must provide opportunities to budding entrepreneurs

State must provide opportunities to budding entrepreneurs

NORTHAMPTON: Entrepreneurship is crucial for any economy as it provides innovative and out-of-the-box solutions to effectively tackle some of the pressing problems that economies face today – be they in health, education, technology or environment. Entrepreneurs share ideas and trade with new markets bringing new ideas home from other countries, they facilitate job creation and help in technological innovation that …

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Five years in power – PML-N largely delivered on promises

Five years in power – PML-N largely delivered on promises

ISLAMABAD: For the first time in 30 years, since it was established in 1988, a PML-N government completed its term in the federal government last week. Largely given the mandate to govern the country to recover economic growth and gain energy security in 2013, the party’s economic performance is being intensely debated. Presenting highlights of the government, Prime Minister Shahid …

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Report on climate risks and food security analysis launched

Report on climate risks and food security analysis launched

ISLAMABAD: Federal Minister for Climate Change Senator Mushahidullah Khan addressed a press conference at Ministry of Climate Change highlighting achievements of Ministry of Climate Change and launched a report on Climate Change Risks and Food Security Analysis in collaboration of Sustainable Development Policy Institute (SDPI). Khan highlighted that under its Green Pakistan Programme (GPP) 25 million trees planted during first …

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Europe’s Iran plan

Europe’s Iran plan

The EU has promised Iran that it will remain committed to the Joint Comprehensive Plan of Action (JCPOA). The question is: how long can the EU withstand American pressure, even if it is serious in its passionate commitment? European leaders are either in an apparent dilemma to realise their pledge with Tehran or going astray like Donald Trump – who …

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A new economic direction?

A new economic direction?

Confident of winning the upcoming polls, the PTI has unveiled a roadmap for governance. In a word, the roadmap seeks to put in place a welfare state. It is an eye-popping promise, but, as always, the devil lies in the details. After coming into power, the PTI will create 10 million jobs, build five million housing units for low-income people, …

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Neoliberalism and poverty

Neoliberalism and poverty

Poverty has been vaguely defined in development literature as an undesirable state of living with no indepth analysis of its real nature. If you read any social policy journal, an article on social development or a treatise on political economy, you will learn that poverty is multidimensional. The multidimensionality of poverty is a major theoretical impediment in understanding how it …

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