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THE STATE OF PAKISTAN ECONOMY

After 47 years of independence, Pakistan is yet to stabilize its economy. We have achieved what any nation in the surface of this earth would hate to acquire, an unemployment rate of 6.38 percent, an inflation rate of 11.35 percent, a literacy rate of 35 to 36 percent only, a … THE STATE OF PAKISTAN ECONOMYRead more

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WHAT IS ENERGY CRISIS

For many people, aware of the man’s growing dependence on fuel as a source of energy, had to change their view points in 1973. When OPEC (Oil and Petroleum Exporting Countries) halted their supply of oil, though commonly it is known as “Oil shock”, but it helped coining a new … WHAT IS ENERGY CRISISRead more

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THE ROAD TO THIRD WORLD PROSPERITY

Third World is a name sometimes given to economically developing countries, particularly those in Asia, Africa, and Latin America. The term Third World is also used for politically neutral countries. Such countries are also called neutral nations or nonaligned nations because they do not regularly support either the First World … THE ROAD TO THIRD WORLD PROSPERITYRead more

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PRIVATIZATION AND THE ETHICS OF ISLAM

Current privatization efforts dwarf all which have gone before. In general, the “less developed” nations, including peoples of the Muslim faith, seem to have attracted the advocates of privatization. Disturbing results are obtained when the substance and process of privatization are juxtaposed to the teaching of Islam. In certain cases, … PRIVATIZATION AND THE ETHICS OF ISLAMRead more

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RISING PRICES AND THE COMMON MAN

Though rising prices is not a new phenomenon, yet the common man tends to compare the current prices with those prevailing during the past few years. Prices have substantially increased since 1995, and have shown an upward trend, especially after the Budget and hikes in on regular administered prices. It … RISING PRICES AND THE COMMON MANRead more