Economic Review articles from November 1996

Economic Review archives from November 1996

Dissolution of national assembly.
November 1, 1996... * The appointment of these technocrats give an impression that the present government is either highly influenced by IMF and WB or there is a dearth of efficient people in Pakistan. * Shahid Javed Burki, one of the illustrious sons of the...

Exit of Benazir. (Pakistan Prime Minister Benazir Bhutto)
November 1, 1996... The inevitable has come to pass. Benazir Bhutto has fallen disgracefully from power. Actions of 1988, 1990 and 1993 were replayed. Four successive elected governments were sent packing within a span of eight years, under a controversial Article...

Change in economic management. (Pakistan)
November 1, 1996... It appears that IMF and the World Bank have taken hold of economic management of the country. The team, of new economic managers belong to IMF or the World Bank. Starting from Shahid Javed Burki who is not de facto Finance Minister of the...

Review of the economy. (Pakistan)
November 1, 1996... The Annual Report of the State Bank of Pakistan for the fiscal year 1995-96 released recently paints a bleak picture of the economy during 1995-96 with failures more prominent than achievements. A budget deficit of 5.8 per cent of GDP, inflation...

Fifty years of economic development in Pakistan.
November 1, 1996... Muslims of Indo-Pak sub-continent struggled, sacrificed and fought to achieve freedom from the paws of alien ruling giants who were not only enemies of religious concepts but they were usurpers of economic resources which were used by them not...

Privatisation in Pakistan and India.
November 1, 1996... Many developing countries of the third world are experiencing a process of deregulation, liberalisation and privatisation of the economy now a days. This movement towards liberalization of economy in the third world, has shown mixed results,...

Salient features of Pakistan's trade with India.
November 1, 1996... INTRODUCTION History of Trading Relations: * Major Trading Partners at time of Partition * Disruption following India devaluation * War with India in 1965; complete breakdown * 1974 - Restoration of Trade Relations on a...

Pakistan - ROK economic collaboration touches new heights.
November 1, 1996... As the South Korean economy bloomed, its trade and economic relations with other countries also expanded. South Korea-Pakistan economic collaboration developed rather slowly, in the initial years. But for the last some years it has made major...

Private sector participation in national highway development.
November 1, 1996... Imagine the plight of passengers and commuters travelling to shorter destinations from large cities on interprovincial routes. Everyday thousands of passengers are waiting on roadside for hours and hours for a pick up by buses of longer routes...

Pakistan Steel: an assessment.
November 1, 1996... More than two decades ago, a leader with a vision put Pakistan in the next century when he laid the foundation stone of Pakistan's first steel mills in the public sector. Consequently, began the work on the country's most gigantic development...

OMV Austria to explore new gas reservoirs in Pakistan.
November 1, 1996... OMV, the Austrian oil and gas company, was founded in 1955 and since then, has expanded and diversified into the leading oil and gas company, as well as the country's largest industrial concern. Since its creation, it has become a fully...

Tourism in environment dimensions.
November 1, 1996... World Travel and Tourism Council's survey reveals tourism as the number one industry of the 21st century registering 3.4 trillion US$ turnover and hence acquiring 10.9 per cent of global GDP. It covers 11.4 per cent (701 billion US$) of the...

Natural gas industry of Pakistan.(Industry Overview)
November 1, 1996... The gas industry in Pakistan is the oldest natural gas industry of the world outside the North American continent. The first gas field was discovered in 1952 at Sui in the province of Balochistan. Soon after this discovery, a 16 inch diameter,...

Engro to build first world scale PVC plant in Pakistan. (Engro Chemical Pakistan Ltd.; polyvinyl chloride)
November 1, 1996... Engro Chemical Pakistan Limited as part of its growth and diversification strategy, plans to build the first world scale Poly Vinyl Chloride (PVC) plant in Pakistan. Engro, which is one of the largest producers of urea in Pakistan, has recently...

Megawati: the rising leader of the Indonesia. (Megawati Sukarnoputri)
November 1, 1996... Megawati Sukarnoputri, the leader of the Indonesia Democratic Party (PDI) was ousted from the leadership of the party by the government backed rebel group under the Deputy speaker of the parliament, "Surjadi in the north Sumatra" city of Medan in...

Nobel Prizes 1996.
November 1, 1996... It is noteworthy that some of the big names of International fame who rightly deserved the prize have not been granted the prize, such as George Santayana, Arnold J. Toyenbee, Oscar Wilde, Somerset Maugham, H. G. Wells, Arthur Corian Doyle and...

Dr. Abdus Salam: an intellectual giant. (Pakistani scientist and Nobel Prize winner)(Obituary)
November 1, 1996... A world renowned scientist and the only Pakistani Nobel Laureate, Dr. Abdus Salam, closed his eyes upon this world in Oxford in the morning hours of November 21, 1996, after a protracted illness. He was 70. His body was brought to Pakistan and...

Sagging tendencies persist. (Pakistani stock market)
November 1, 1996... Sagging tendencies persist in the stock market mainly due to political uncertainty. The index of share prices made an upswing and closed at 1577.25 over the ouster of Benazir Bhutto. Great expectations are being attached with Textile and stock...