industrialized economy and basically comprises of textiles‚ chemicals‚ food processing‚ the agricultural sector and various other industries. It is a surprising fact that Pakistan’s economy is the 27th largest growing economy in the world when measured in terms of Purchasing Power Parity (PPP). The economy has suffered from political instability‚ rising population growth rate and a war of words with the neighboring country India which has proved to be very costly for Pakistan’s economy. There is worldwide
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SOCIO-ECONOMIC PROBLEMS OF PAKISTAN Outline: •Introduction Pakistan is a resource rich country but due to incompetent politicians‚ strong generals‚ weak judiciary‚ conservative Ulemas and controlled media‚ it is facing socio-economic‚ political and religious challenges. • Problems Faced By Pakistan At The Time Of Inception From its very inception‚ Pakistan faced a large number of problems. Some of the initial difficulties were 1. Choice of Capital and Establishment of Government
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Understanding Indian Economy The economy of India is currently the world’s fourth largest in terms of real GDP (purchasing power parity) after the USA‚ China and Japan and the second fastest growing major economy in the world after China. India’s annual growth rate is above 8% while that of China is about 10%. India is a developing country and our economy is a mixed economy. In a mixed economy the public sector co-exists with the private sector. Dadabhai Naoroji is known as the Father
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The Incident Command System (ICS) is composed of seven principals; standardization‚ functional specificity‚ manageable span of control‚ unit integrity‚ unified command‚ management by objectives‚ and comprehensive resource management. (Lindell‚ Perry‚ & Prater‚ 2007‚ p. 271). The basis of ICS is to promote agency interoperability by establishing framework for terminology‚ communications‚ and structure. Additionally‚ the system clearly defines all the roles each position has‚ groups individual/agencies
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“Examine the key features of the divine command theory and identify its weaknesses.” (21) The view that moral rules are true by virtue of being commanded by God is called the divine command theory. It is a deontological theory and claims that sentences such as "charity is good" mean the same thing as sentences such as "God commands charity”. If you believe that moral actions are good or bad because they are commanded or forbidden‚ certain things must follow. First‚ if they had not been commanded
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NATIONAL ECONOMIC AND DEVELOPMENT AUTHORITY The National Economic and Development Authority (Filipino: Pambansang Pangasiwaan sa Kabuhayan at Pagpapaunlad)‚ abbreviated asNEDA‚ is an independent cabinet-level agency of the Philippine government responsible for economic development and planning. It is headed by the President of the Philippines as chairman of the NEDA board‚ with the Secretary of Socio-Economic Planning‚ concurrently NEDA Director-General‚ as vice-chairman. A number of Cabinet members
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Q4 2011 www.businessmonitor.com VietnaM agribusiness report INCLUDES BMI’S FORECASTS issn 1759-1740 published by business Monitor international Ltd. VIETNAM AGRIBUSINESS REPORT Q4 2011 INCLUDES 5-YEAR FORECASTS TO 2015 Part of BMI’s Industry Report & Forecasts Series Published by: Business Monitor International Copy deadline: September 2011 Business Monitor International 85 Queen Victoria Street London EC4V 4AB UK Tel: +44 (0) 20 7248 0468 Fax: +44 (0) 20 7248 0467 email: subs@businessmonitor
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Which is best for the economy: employment stability or employment flexibility? A recent article in the ILO’s International Labour Review analyzes the relationship between employment stability and productivity in six major sectors in 13 European countries. According to the authors‚ both‚ extensive and short job tenure can produce adverse affects on productivity. They propose a policy of ’protected mobility’ on the labour market‚ together with active labour market policies seeking to combine both
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ECONOMIES OF SCALE AND ECONOMIES OF SCOPE Economies of scale are reductions in average costs attributable to production volume increases. They typically are defined in relation to firms‚ which may seek to achieve economies of scale by becoming large or even dominant producers of a particular type of product or service. A distinction can be made between internal and external economies of scales. Internal economies of scale occur when a firm reduces costs by increasing production. External economies
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promoted the development of the market economy in Europe. From the ending of the 19th century‚ the major capitalist countries in Europe and the United States had successively entered the stage of monopoly capitalism from the unrestricted competition of the capitalist stage. In order to get more resources‚ some capitalist countries started twice world wars. After the world war two‚ United Stated became the most powerful country in the world. And the market economy began to be developed in the all world
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