By Aftab Ahmad Khan

Inflation, which is a phenomenon with momentous economic, social and political consequences, may be broadly defined as a sustained increase in the general price level. It may, however, be noted that all prices need not rise together. Relative prices may increase at varying levels, but in the process push up the general price level. Cyclical swings in prices cannot be termed as inflationary e.g. wheat shortfalls in one season may cause its price to rise but the next year normal production could adjust its price to equilibrium level. Continue reading »

 

After the failed decade of “aid development” the World Bank was very vocal about its distributional concerns and to shift from “growth promotion” to pro-poor growth. Nevertheless, the language shift is bigger than the underlying facts. The term “pro-poor growth” is essentially misleading
By Dr. Noor Fatima Continue reading »

 

The way PPP and PMLN have handled, or mishandled, the judges’ issue and the resultant thirty days’ deadline is perhaps the biggest example of political opportunism in Pakistan. PPP Co-chairman Asif Ali Zardari and PMLN Chief Nawaz Sharif met in Murree on March 09, 2007 and signed the famous Bhurban Accord. Continue reading »

 

Concerns about proliferation of nuclear weapons to rogue States and their possible use by terrorists, has been increased since September 11, 2001, terrorist attacks. Since then, the administration has updated the U.S National Security Strategy (NSS) against WMD by declaring that nuclear weapons may be used in response to Chemical and Biological threats and has produced a Nuclear Posture Review (NPR) that asserts that new nuclear weapon capabilities are needed to defeat WMD targets and deeply buried and hardened targets. Continue reading »

 

By Haider Nizamani

FOR the MQM leader Altaf Hussain and Ayesha Siddiqa, ‘feudalism’ is alive and kicking in Pakistan. According to the MQM’s 2008 election manifesto “the prevalent feudal system of (sic) Pakistan is the main obstacle in the progress of the country and the prosperity of the people”. Continue reading »

 

IF you nurtured a nest of snakes in your backyard, would you be surprised if the snakes slipped through the fence or underneath the doors and bit your neighbours and friends? Apparently, if you were one of this country’s foreign policy mandarins, you would be. Continue reading »

 

THE primary responsibility of a modern state is the promotion of the welfare of its people in a peaceful atmosphere which is free of fear and coercion and in which the citizens can fully realise their God-given potential. Continue reading »

 

ISLAMABAD: First batch of 96 Mirador Villas in Emaar’s Canyon View would be ready for handing over to its owners by the end of December 2008. Continue reading »

 

A mature democracy is a system in which the ruling elites can get away with everything. By implication, an amateur democratic system is where the ruling elites can get away with many things but still remain vulnerable to certain mass uprising Continue reading »

 

Twenty-five years ago, London casinos were crowded with the newly rich, and were raking in the moolah. But that golden period is certainly over, though I don’t suppose the wrath of God is to be visited upon such dens of inequity anytime soon Continue reading »

 

While the research has led to recognition of education interventions in District Faisalabad and capacity building of the Department of Education, challenges remain in the form of making the department proactive and using research findings to improve the quality of education in the schools Continue reading »

 

The writer is an Islamabad-based security analyst

While the strategic parameters of the Pakistan-China relationship have long been set, there are regular additions to its content. New bilateral undertakings give it constructive dynamism and keep this half-a-century-old relationship current and crucial for both partners. Continue reading »

 

While the nation continues to watch the “back and forth” drama over the restoration of the judges issue, increasingly aware of where it will all end; and while the poor look beyond the judicial issue to the basics of survival in the face of rising costs of staple food and utilities; Continue reading »

 

The Islamabad High Court here Tuesday removed a ban imposed by Capital Development Authority on the sale and transfer of land in three Islamabad sectors of D-13, F-13 and E-13. Continue reading »

 

Women who dye their hair may be increasing their risk of cancer, scientists warn.

Those who use hair dyes more than nine times a year have a 60 per cent greater risk of chronic lymphocytic leukaemia, a study suggests. Continue reading »

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