Apr 282008
 

By Hasaan Khawar and Dr Zafar Iqbal

The State Bank of Pakistan has recently released the second quarterly report for FY 2007-08, unveiling the skyrocketing inflation figures. These figures came as no surprise to the masses, who are already crippled under soaring prices and severe shortage of essential food items. Continue reading »

 Posted by at 5:00 pm
Apr 282008
 

It is simplistic to assert that population shifts are the same as structural transformation. Structural transformation in the Lewis theory of development begins with a shift of surplus rural labour to urban areas. That is, productive labour is fully employed gainfully in the rural agricultural sector and the ones with zero marginal product migrate until all surplus rural labour is absorbed in the formal urban sector. Continue reading »

 Posted by at 4:57 pm
Apr 282008
 

Earlier this week, Pakistanis were shocked at the image of our ambassador to Afghanistan, Tariq Azizuddin, being held captive since February, as he appeared on a foreign TV channel. He looked weak and weary. His captors have made a series of demands which the Pakistani government has said it will be unable to fulfil. It is a shame that he is being held in captivity within the country and we cannot have him released. Continue reading »

 Posted by at 7:18 am
Apr 282008
 

Huzaima Bukhari and Dr Ikramul Haq
No country can ever think of establishing people’s rule without ensuring a free and independent judiciary. In a true democratic set-up, the electoral process ensures the dominance of the people over those who hold political offices. If electioneering lead to an anti-people rule (as was the case in 2002), it amounts to negation of democracy. Despotism, repression, fascism, racism, chauvinism, totalitarianism, oppression, intolerance, bigotry, tyranny, denial of free access to justice, curbs on media freedom — antonyms of democracy — have no place in a civilised society. Continue reading »

 Posted by at 7:17 am
Apr 282008
 

Ahmad Rafay Alam

Developers in the UAE have announced plans to build Masdar City, the world’s first fully sustainable, zero-carbon, zero emission city. The city is part of the Masdar Initiative and is the first time sustainable development techniques will be applied at such a scale. But there is much more here than meets the eye Continue reading »

 Posted by at 7:14 am