Business & Terrorism (Effects of Terrorism on Pakistan's Economy ), by: Asad Ali Siyal, Institute of Business Administration (Iba), University of Sindh Jamshoro, Sindh, Pakistan

Topics: Economic growth, Stock exchange, Stock market Pages: 2 (423 words) Published: April 27, 2011

As far as 21

century is concerned this world has changed into dynamic WORLD, and this credit is goes to technologies which had played a vital rol to make this world as a global village. After these technologies, the 2nd main credit goes to business field which is meeting with the challenges of today’s dynamic world for the betterment of mankind. Business is playing a leading role in the form of production, distribution, marketing, communication, banking, and finance and society beneficial institutes like NGO’S Hence, business has make the lives of peoples more easier and convenient. In this world every field faces difficulties and hardships which are either naturally produced or self implemented by an individual authority which directly affects its status. So, as far as business sector is concerned terrorism is the main problem which is faced in this field. Usually terrorism effects all the departments of business such as marketing, banking, production and distribution side, but the department which suffers a lot from terrorism is stock exchange. Stock exchange is the department where the economy of a country grows, maintained or destroyed. The numerical digits of stock exchange index screen are the language of economy so it is cleared that if terrorism effects business means stock exchange is affected and finally economy will be disturbed and many other most miserable conditions will be generated in country. It is our great unfortunate that our country Pakistan is also suffering from the curse of terrorism. It is become a serious problem in Pakistan which has badly affected our economy. By this criminal activity our economy is going to be destroyed day by day. As we can see that in fiscal year 2006 (FY-2006) Pakistan’s GDP growth rate was 6.92%, while in (FY-2007) it was 6.38% and in (FY-2008) it becomes 5.80% and finally in (FY2009) it...
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