Economic Review articles from January 2003

Economic Review archives from January 2003

Cloning: a psychological perspective.
January 1, 2003... Cloning can be easily credited as one of the most controversial topics of modern day science. It even baffles those scientists who actively pursue its research. Unsure of its full implication they justify their conscience by emphasizing its...

Pakistan and $1.3b PRGF.($1.3 billion poverty reduction and growth facility)(International Monetary Fund)(Editorial)
January 1, 2003... It should be noted here that the Conclusion of the deal is not an end in itself but the beginning of the programme upon which Pakistan has to embark during the coming three years. In the past, the experience has not been promising. Structural...

Looking back at 2002.
January 1, 2003... JANUARY: 1st: Twelve EU states adopt the Euro as a single currency. 9th: Dr. Asad Abbas performed the first ever successful graft of plastic cornea in Pakistan. 12th: President Pervez Musharraf announced a ban on five local...

Those who left Us 2002.
January 1, 2003... Tension in Kashmir and Palestine remained all round the year and it only grew. Indians and Israeli forces left no stone unturned in making their lies miserable. 11w United Nations could do nothing to stop the havoc created by India and Israel...

Exchange Companies ready to replace money changers.
January 1, 2003... With a view to further liberalize the foreign exchange regime in the country and unify the foreign exchange markets, the State Bank of Pakistan has initiated the process of establishing Exchange Companies by inviting applications for issuance...

World's Top 50 Richest persons.(Illustration)
January 1, 2003... World's Top 50 Richest Persons Rank Name Age In SB Country 1. Willian H. Gales III 47 40.7 USA 2. Warren E. Buffett 72 30.5 USA 3. Karl & Theo Albrecht ...

Tapping hidden fortunes.(economic, political effects of informal economic sectors, corruption, high business costs)
January 1, 2003... Informality and corruption waste vital resources and weaken political and economic institutions. Because informals are illegal, they don't benefit from law enforcement services such as the courts and the police that could offer them protection...

The limits of corporate disclosure.
January 1, 2003... The growing global market economy and various competing stakeholder interests have caused corporations to face increased scrutiny. Indeed, the level and desirability of transparency through disclosure acceptable to both the corporation and the...

Consumer Price index: its limitation and improvements/suggestions.
January 1, 2003... The Consumer Price Indices is a measure of average change in the prices of a fixed basket of goods and services customarely purchased by households. In other words, the CPI compares the cost of fixed basket of goods and services this month with...

Water resources and hydro-power programme.(Pakistan plans to develop water resources, hydroelectric power)
January 1, 2003... Pakistan had landed into acute electric power shortage during the 8th decade and remained faced with in early 9th decade of the last century. Increasing power generation deficit, year after year posed difficulties in bailing out of the crisis...

All Pakistan Textile Mills Association (APTMA).(trade assocation's aims, objectives, functions)
January 1, 2003... Pakistan is an agricultural country. Among all others, cotton is the major crop. Cotton, after processing takes various forms including yam, fabric and other textile related products. The industry that is engaged in this area is very...

Facing new challenges: development in former Soviet States.(interview with Anders Aslund, expert on Russia, former Soviet republics)(Interview)
January 1, 2003... Interview with Anders Aslund. Recently, Andrew Wilson, CIPE Senior Program Officer for Central Europe and Eurasia, had the opportunity to interview Anders Aslund, a renowned expert on Russia and the former Soviet republics and a senior...

Gleanings from the press. (International Round-up).(economic conditions, commodity prices, oil supply, unemployment data)
January 1, 2003... US Industry Opposed to Increasing Textile Imports The US textile industry is urging the Brush administration to reject developing countries' demands to increase textile imports into the country as it is damaging the local industry and...

Rupee remains firm. (Currency Market).(currency rate data for Indian Rupee)
January 1, 2003... The new year saw firmness in the dollar-rupee parity in line with the trend persisting over the last six months. There was slight depreciation of rupee during January in the inter-bank market as it shed 6 paisa in buying and 8 paisa in selling....

Stock prices falter. (Stock Market).(statistics for Pakistan's KSE index)
January 1, 2003... Stock prices faltered towards the end of the month after reaching the zenith by January 20, when the KSE index soared 9.5 per cent to 2,920.63 from 2,666.53 but ended lower at 2,545.07, 4.6 per cent below. If compared to the highest point, the...

Price situation.(wholesale price data for essential goods)
January 1, 2003... (January 2003) In January, the prices of essential items on the Karachi wholesale commodity showed stable or rising trend as supply position deteriorated somewhat. Wheat price jumped in the wake of strong demand followed by reports of...