09-29-2005, 11:46 PM
It's been sad for the last four decades, Pakistan hasnot been able to get the desired results.
It's really funny if we compare the facts and figure, Germany is having unemployment rate 9.5% while pakistan is showing 7.7%, and there are many developed country which has more than 9% unemployment in official, and there are many other economic indicators where PAkistan is top of the list.!
If we calculate the Inflation it is not 9.3%, it's more than 25%!
in reality,the facts are figures don't tell the true story!
Pakistan has to address few challenges
1 Law and order
2. unemployment
3 poverty
4. unemployment
5 inflation
6. mass level production and increase in competition among organization.
Inflation and unemployment are the major source of poverty. because of low level of law and order, the investors confidence in local and abroad are very very low...without investment a country can't stand firmly. low investment is equal to low level of employment opportunities which brings poverty and inflation together.
there are major causes of inflations from monetary policy to the price determination of private organization. Govt has been unable to tackle those private enterprise who are creating lobbism and mafia, and earned maximum profit through selling the products which contributed inflation alot, there are least competitive environment in daily products like flour, oil , milk etc etc. which automatically monopolistic environment.
Law and order has been poor in the sense there are very few small and medium enterprises because of 25 different inspectors and dozen other law enforcement agencies, these people do nothing, but spoil the confidence of local and foreign investors through undue influence or corruption.! Government needs to bother least the new small and medium business organization to tackle those inspectors!
agriculture productions should be boosted, we need to have greater supply than demand situation, so that the price of products be controlled, hence controlling the inflation and poverty.
Every country is making defence expenditure and every is asking foreign debt, but the point is how far you can make effective policy to draw investment. Effective investment and tax revenue collection policy can make country in better policy.
Unfortunately Pakistan lacked both investment and tax revenue collection!
the equation is simple, no good law and order= no good investment= no good GDP%=no good development=no employment=no production=inflation= tax revenue collection will be tilted towards indirect tax rather than direct tax(indirect tax is burden for consumers making them more miserable and poor)= will increase poverty!====== law and order get more worse becasue of poverty.>>>crime rate go up as well as corruption!
Bye
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It's really funny if we compare the facts and figure, Germany is having unemployment rate 9.5% while pakistan is showing 7.7%, and there are many developed country which has more than 9% unemployment in official, and there are many other economic indicators where PAkistan is top of the list.!
If we calculate the Inflation it is not 9.3%, it's more than 25%!
in reality,the facts are figures don't tell the true story!
Pakistan has to address few challenges
1 Law and order
2. unemployment
3 poverty
4. unemployment
5 inflation
6. mass level production and increase in competition among organization.
Inflation and unemployment are the major source of poverty. because of low level of law and order, the investors confidence in local and abroad are very very low...without investment a country can't stand firmly. low investment is equal to low level of employment opportunities which brings poverty and inflation together.
there are major causes of inflations from monetary policy to the price determination of private organization. Govt has been unable to tackle those private enterprise who are creating lobbism and mafia, and earned maximum profit through selling the products which contributed inflation alot, there are least competitive environment in daily products like flour, oil , milk etc etc. which automatically monopolistic environment.
Law and order has been poor in the sense there are very few small and medium enterprises because of 25 different inspectors and dozen other law enforcement agencies, these people do nothing, but spoil the confidence of local and foreign investors through undue influence or corruption.! Government needs to bother least the new small and medium business organization to tackle those inspectors!
agriculture productions should be boosted, we need to have greater supply than demand situation, so that the price of products be controlled, hence controlling the inflation and poverty.
Every country is making defence expenditure and every is asking foreign debt, but the point is how far you can make effective policy to draw investment. Effective investment and tax revenue collection policy can make country in better policy.
Unfortunately Pakistan lacked both investment and tax revenue collection!
the equation is simple, no good law and order= no good investment= no good GDP%=no good development=no employment=no production=inflation= tax revenue collection will be tilted towards indirect tax rather than direct tax(indirect tax is burden for consumers making them more miserable and poor)= will increase poverty!====== law and order get more worse becasue of poverty.>>>crime rate go up as well as corruption!
Bye
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