Economic Review articles from April 1997

Economic Review archives from April 1997

Corruption. (Pakistan's government)
April 1, 1997... It is to be noted here that corrupt politicians on both sides of the political divide are still in safe heaven. A deal in this regard has reportedly been struck between Prime Minister Nawaz Sharif and Opposition leader Benazir Bhutto. Critics are...

Prime Minister's economic package: will the private sector call the shots? (Pakistan's Nawaz Sharif)
April 1, 1997... The die has been cast by Nawaz Sharif who is betting on "Head I win, tail you lose". The risk in the gamble as unfolded by Finance Minister Sartaj Aziz on March 28 is pretty high. What happens if the private sector does not respond to the...

The new governor of Sindh. (Moeenuddin Haider; Sindh, Pakistan)
April 1, 1997... The nomination of Lt. General (Retd.) Moeenuddin Haider as the Governor of the extremely polarized province of Sindh on ethnic basis shows that the president does not like to lose its grip on any part of the country. All misconceptions that a...

Eighth amendment goes. (Pakistani politics)
April 1, 1997... Shortly after April 5, 1997, the date of Nawaz Sharif's second ascension power with an overwhelming mandate of more than two thirds of the seats of the National Assemblies that the man at the topmost pinnacle of the state had to eat humble pie,...

Wheat imbroglio and agricultural package.
April 1, 1997... A prosperous and flourishing agriculture cannot be conceived in the absence of land reforms which could provide impetus to growers to produce more. Golden jubilee is being celebrated in the midst of famine like situation. Never before in the...

Agricultural credit through commercial banks.
April 1, 1997... In the wide interest of agricultural development for helping the peasantry of Pakistan, specially the small holders of land, the existing coverage of institutional credit was full of shortfalls and shortcomings. In view of expanding the flow of...

Globalisation: impact on international labour and environmental standards.
April 1, 1997... Globalisation and Its Challenges The world is marching into the 21st century amidst the whirlwind of globalisation, a wind which is whirling hard across economic and social barriers, resulting in erosion of nation states and posing challenges...

Importance of occupational safety and health.
April 1, 1997... The present day safety and health technology has come through many stages of development. Between 1930 and 1960, in USA and other developed countries many organisations were able to achieve substantial reduction in injury rate by following the...

Labor view: incentives to workers can improve productivity. (interview with Pakistani labor leader Nabi Ahmed)(Interview)
April 1, 1997... Nabi Ahmed (65), General Secretary of United Workers Federation joined trade unionism in 1948 as Section Representative in General Motors Overseas Corporation. Nabi Ahmed studied Labour Economics and Trade Union administration in the Universities...

Training programme for junior trainees.
April 1, 1997... Manpower utilisation and unemployment problems in any country originate essentially in long-term process reflecting social factors 'and structural imbalances generated in the process of development itself. The most important among these in...

Industrial relations: laws favour workers. (interview with Pakistani businessman Muhammad Manzoor Hussain)(Interview)
April 1, 1997... Muhammad Manzoor Hussain, is the General Manager in Kohinoor Soap & Detergents (Pvt) Ltd. After completing five years course of' Education & Training in Marine Engineering, from Pakistan Marine Academy, Chittagong (ex-East Pakistan), KPT Workshop...

Bonded labour. (in Pakistan)
April 1, 1997... The governments in Pakistan always paid lip services to end bonded labour. There is no political party in the country to address the issue since voiceless victim occupy no position on its agenda. The previous government used to claim that...

Pakistani labour migration to the Middle East.
April 1, 1997... During the 1970s and 1980s the large-scale migration of skilled labour from Pakistan to the Middle East markedly altered the character of development in Pakistan and contributed to dramatic and fundamental changes in the country's economy and...

Child labour: a curse for the nation. (Pakistan)
April 1, 1997... About 40 per cent of the nation lives below the poverty line that has mostly compelled the parents or guardians to send their innocent children to toil for earning their livelihood and to ease the economic difficulties of their families. Even the...

The Sialkot story: making villages "child labour free." (Sialkot, Pakistan)
April 1, 1997... ILO IPEC Programme provides an alternative to working children Child labour remains a global problem of paradoxical proportions. Universally, there is a growing consensus that child labour should be banned. Yet, on another level, children are...

Sugar crisis hangs on. (Pakistan's economy and businesses)(Industry Overview)
April 1, 1997... AGRICULTURE Sugar crisis hangs on. The sugar committee has proposed restructuring and strengthening of provincial sugar cane research institutes for extensive research with increased equipment and infrastructure. Pakistan can boost its total...

IFC launches new publication on the development impact of private sector. (International Finance Corp.)
April 1, 1997... The International Finance Corporation issued a new publication entitled: "The Private Sector and Development: Five case studies." This is the first of a series devoted to "Results on the Ground," through which IFC will make information available...

Iran to actively participate in trans-Asian railway project.
April 1, 1997... Iranian Islamic Republic railways will actively participate in the Trans Asian Railway Project which will link Europe and the Commonwealth of Independent States (CIS) to major emerging economies of Asia. Acting President of Iranian Railways,...

US company will build largest petrochemical complex in Singapore. (Exxon Corp.)
April 1, 1997... Oil giant Exxon Corp. of the United States will build its largest petrochemical complex in the world at a cost of UsS two billion in Singapore. The complex, the first world-scale plant that is fully integrated with an oil refinery, will be set up...

Auto & allied companies on KSE. (Karachi Stock Exchange)
April 1, 1997... Automobile industry is likely to be hit adversely if MFN status is granted to India and import of reconditioned cars is allowed. 'TR' facility offered to overseas Pakistanis may hamper the growth and profitability of local Auto companies...

Uncertainty is dominant. (Pakistan's stock market)
April 1, 1997... Package of incentives could not lift the stock market from its bearish spell. KSE index lost 89.38 points when it finally stood at 1598.94 at the end of the month. Aggregate market value of shares also declined from Rs.527.167 billion to...

Engro's record performance in 1996. (Engro Chemical Pakistan Ltd.)
April 1, 1997... "The fertilizer sale of Engro Chemical Pakistan Ltd. during the year 1996 exceeded one million tons for the first time in the history of the Company registering 26% growth over the previous year thus improving its market share from 21% to 23%....

ICI Pakistan Limited: strong volume growth by restructuring.(Company Profile)
April 1, 1997... ICI Pakistan Limited is incorporated in Pakistan and is listed on Karachi and Lahore Stock Exchanges. It produces Polyester, Soda Ash, Paints, Agrochemicals and seeds, Pharmaceuticals, Chemicals, with another launching programme of Pure...