Post-Taliban economy of Afghanistan
HOW does Afghanistan, a land-locked, war-ravaged country of 20-25 million people currently being bombarded to beyond even ground zero and which produces almost nothing other than some food, some fruit and...
A Marshall Plan for the region ?
MANY enthusiasts in the country would like to have a Marshall Plan, kind of an effort for Afghanistan’s post-war reconstruction and development....
Why Doha may not be Seattle
ALTHOUGH a pre-Seattle atmosphere seems to have set in during the preparatory meetings, yet the indications are that Doha may not be another Seattle. In fact, the fears are that it...
No GDP estimation at provincial level
Otherwise a very illuminating document that gives incisive information on performance of the national economy in almost all the areas, the State Bank of Pakistan’s annual report for the year 2001-02...
Equities manage to recoup earlier losses
PRICE movement on the Karachi Stock Exchange last week remained highly erratic as investors played on both sides of the fence in line with the positive and negative news but managed...
Rupee/dollar parity gap shrinks
THE rupee commenced the week on a stable note. The inter-bank market witnessed lack of interest in dollar trade under uncertain conditions on October 29....
Sugar on upward drive
BARRING few upward changes in some essential items, relatively quieter conditions prevailed on the Karachi wholesale commodity markets as commercial houses and brokers were not inclined to build-up long stock positions...
What BoE has to weigh up
BRITAIN’S central bank is tipped to deliver its seventh interest rate cut of the year next week as signs emerge that previously buoyant consumer spending is on the wane because of...
Promoting an agricultural revolution
PAKISTAN achieved high economic growth rate throughout the 1950s and early 1960s as the agricultural sector growth was spurred by green revolution interventions....
Seepage destroys cotton crop in Sindh
THE drought-like situation due to almost total absence of monsoon rain and shortage of water in the irrigation canals last year, the agricultural products were badly hit in the province of...
Psyllium seed: a source of indigenous medicines
PSYLLIUM seed, locally known as ‘spangur’ or Isphghol, is a world-famous crop and most of its species grown in Pakistan and Sindh are used for medicinal purposes....
A close look at dietary patterns
WHEAT is sown extensively all over the country during winter, covering over eight million hectares, more or less three times higher the area devoted to cotton— the second largest crop of...
Export of floriculture products
President General Pervez Musharraf had directed the commerce ministry last year to establish an ‘Horticulture Export Board’ to devise and implement an export marketing strategy for increasing export from $119 million...
Corporate leadership
THIS burning issue has become as indispensable as sunshine not only in society but also in corporate world. The Sept 11 crisis has left the world economy in recession....
Impact of accreditation on exports
THE emerging World Trade Order will provide tremendous opportunities of business expansion to enterprises determined to compete and continuously strive for improving the quality of products or services. Our future exports...
Industrial human resource development
IN THIS era of globalization our country still stands at a crossroad. In the past 53 years every leader tried to rid the nation of corruption, yet the end result is...
Foreign investment now far off
THE large fall in foreign investment, which has been partly responsible for the economic stagnation in recent years in Pakistan will not be reversed by the lifting of the sanctions by...
Financial system and growth
A LARGE body of research and policy makers now link financial sector development, including the depth of the banking system, liquidity in capital market, and financial liberalisation to long-run growth and...
Restructuring of economy needed
HOW THE US war against terror has petrified Pakistan’s economy has been elaborately discussed in the Annual Report of the State Bank of Pakistan for the year 2001-2, and it is...