Economic Review articles from May 1998

Economic Review archives from May 1998

Post-explosion scenario. (nuclear arms race between India and Pakistan)
May 1, 1998... The mad race of having matching nuclear arsenals or having an edge over the other in weaponization has started between India and Pakistan where over 30 per cent population is living below poverty-line. Where it will lead to nobody knows. And who...

Economic analysis of nuclear explosion. (nuclear testing in India and Pakistan)
May 1, 1998... The pinch of economic sanctions coupled with higher defence outlay will be felt in the coming budget. The squeeze in import will raise the price of foreign goods which our people are accustomed to use. Frugality and thiftiness must be encouraged...

Ghauri test: Pakistan in the nuclear world. (testing of Pakistan's medium-ranged surface-to-surface missile)
May 1, 1998... J.N. Dixit, once India's High Commissioner in Pakistan, had been very cross with the Defence Minister, George Fernandes for his sabre rattling speech on "Ghauri". This has cast a good impression and the Indian High Commissioner at Islamabad has...

Chronology of milestones in the Nuclear Age.
May 1, 1998... Following is a chronology of significant nuclear events since the first atom bomb was tested in 1945. 1945: July 16: First atomic bomb, codenamed "Trinity", is exploded before dawn in the New Mexico desert. Aug 6: Atomic bomb dropped on...

Problems of industries. (Pakistan's industries)(Cover Story)(Industry Overview)
May 1, 1998... Despite the fact that several incentive packages were given to give a new life to industrial development, industry is not showing any encouraging results. According to the latest figure industrial production grew more than 7 per cent during the...

Is cement price hike justifiable? (Pakistan's cement industry)(Industry Overview)
May 1, 1998... Over the last few months, cement industry is in doldrums like other industries such as textile and sugar. Cement prices have recently shot up triggering criticism from the government. Cement manufacturers defend this step on the ground of jump in...

Post harvest losses in agricultural commodities and their containment.(Industry Overview)
May 1, 1998... BACKGROUND To cope with current and future food demand, government have traditionally emphasized two lines of action: reducing future demand by slowing population growth, and augmenting food supplies by expanding production. A third vital...

The role of modarabas in Islamic economy and finance. (form of Islamic business in Pakistan)
May 1, 1998... Pakistan is a major Muslim state which also aims to be a model Islamic state and it is, therefore, imperative that we face the challenge of negative perception of modarabas. The professional managers are committed to play their part and now we...

The changing role of IMF in the developing economies.
May 1, 1998... The IMF plans to amend its charter soon to obtain new powers to override international, national and even local laws in member countries to own public utilities, real estate, investments etc., which many in the US Congress are describing as...

ILO action against child labour. (International Labor Organization)
May 1, 1998... The National Survey is an example of ILO/IPEC assistance in developing a sound database for the formulation of national programmes of action against child labour. Similar tailor-made surveys have been carried out in Bangladesh, Cambodia, Ghana,...

Can the war against child labour be won? Oslo Conference says an emphatic "yes." (International Conference on Child Labour)
May 1, 1998... Oslo, Norway - As a recent international conference got down to forging a new global plan against child labour, ILO Director-General Michel Hansenne sought to clarify matters: Allow me to start with one bold statement," the Director General said...

Grameen Bank endeavor to help poor in Bangladesh.
May 1, 1998... Eighteen years later in March 1995, Grameen Bank had lent microcredit reaching its first cumulative US$1 billion. In May 1997, another US$1 billion was released, more than the combined microcredit of all other rural banks of Bangladesh. About 94%...

ICI's PTA plant inaugurated. (ICI Pakistan's Pure Terephthalic Plant)
May 1, 1998... Prime Minister Mr. Mohammad Nawaz Sharif, inaugurated ICI Pakistan's Pure Terephthalic Plant at Port Qasim on 2 May 1998. The PTA Plant represents the largest investment in a single manufacturing facility by the ICI Group anywhere in the world...

Bumper wheat crop in this year. (Pakistan's agricultural production in 1998)(Industry Overview)
May 1, 1998... AGRICULTURE The sugarcane production stood at 50 million during 1996-97 which yielded sugar output of 4 million tonnes. After meeting the domestic demand of around 2.7 million tonnes a huge exportable surplus would be available to the extent...

Mahak (The Assaying Stone).
May 1, 1998... (The Assaying Stone) Ms. Najma Khan is a well-known Urdu poet who is popular far and wide in Pakistan. But she is not that much known as a critic. Yet her critical essays written on some fourteen topics included in the book under review show...

Unabated downsizing. (Pakistani stock market)
May 1, 1998... A steep downswing was witnessed in the stock market. The fall unprecedented a loss of 169.03 points in one go. Aggregate market value declined to Rs.428.80 billion showing a loss of Rs.50.45 billion. Aggregate ...