Mar 312008
 

ZUBAIR FAISAL ABBASI

ARTICLE (March 31 2008): Economic globalisation affects both local and global systems of wealth creation and distribution. The effects can be witnessed in micro-realities of workers searching new modes of livelihoods to make for the lost ones while macro-realities are manifested in processes of stat industrialisation in many developing countries. Continue reading »

 Posted by at 7:31 pm
Mar 312008
 

THE grand coalition of democratic parties that has been voted into power has to work hard and in the right direction to reverse eight years of iniquitous, undemocratic and authoritarian policies.

The Musharraf regime plunged Pakistan into political turmoil and institutional decay, and gave rise to centre-province confrontation, a crippling energy crisis and a generally anarchic state of affairs. Clearly, a sincere and concerted effort will be required to put things back on track. Continue reading »

 Posted by at 7:22 pm
Mar 312008
 

By Syed Imran Shah

OIL prices remain an important macroeconomic variable. Higher prices inflict substantial damage on the economies of oil-importing countries and the global economy as a whole. Oil importing developing countries like Pakistan generally suffer the most as their economies are more oil-intensive and less able to weather the financial turmoil wrought by higher oil-import costs. Continue reading »

 Posted by at 7:17 pm
Mar 312008
 

There are not many who would buy the theory that President Musharraf has willingly let himself be led into the situation he finds himself in. For all practical purposes, President Musharraf now stands in a corner instead of centre-stage. He has enjoyed the limelight for more than a decade now. It is a difficult time for him. We can only hope and pray that better sense prevails on both sides and that the president is allowed to perform his constitutional role and the elected government works in a manner that allows this to happen. Continue reading »

 Posted by at 7:37 am
Mar 312008
 

By Rauf Klasra
ISLAMABAD: Yousuf Raza Gilani could be the happiest person on earth on Saturday, as he set a new precedent in the history of Pakistan to become the first prime minister who surprisingly got the unconditional support of the opposition parties on the day of his vote of confidence. But for many cynics, the opposition set a bad precedent. Continue reading »

 Posted by at 7:26 am