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saif113sb

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 writes articles about inflation, deflation, laws of supply and demand and other important topics of economics. Other areas of interest are home improvements ...

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  • MARKET IMPERFECTIONS AND FAILURES OF MARKET MECHANISM
    0

    MARKET IMPERFECTIONS AND FAILURES OF MARKET MECHANISM

    4 years ago

    Market failure is the inability of an unregulated market to achieve, in all circumstances, allocative efficiency. The classical economists were of the view that in a free enterprise economy, price mechanism operates,...

  • EXPORT PROMOTION MEASURES PAKISTAN
    6

    EXPORT PROMOTION MEASURES PAKISTAN

    4 years ago

    Since independence in 1947, Pakistan has been facing a peculiar situation of slow growth in respect of its exports. The exports have increased at an annual growth rate of 5.6% whereas some other developing countries in...

  • DEFICIT FINANCING IN PAKISTAN
    7

    DEFICIT FINANCING IN PAKISTAN

    4 years ago

    What is deficit financing?. When a government spends more than what it currently receives in the form of taxes and fees during a fiscal year, it runs in to a deficit budget. When the budget deficit is financed by...

  • FACTOR PROPORTIONS THEORY
    2

    FACTOR PROPORTIONS THEORY

    5 years ago

    Trade theory, like all of economic theory, changed drastically in the first half of the twentieth century. The factor proportions theory developed by the Swedish economist Eli Heckscher and later expanded by his former...

  • THE THEORY OF FOREIGN DIRECT INVESTMENT
    1

    THE THEORY OF FOREIGN DIRECT INVESTMENT

    5 years ago

    What motivates a firm to go beyond exporting or licensing? What benefits does the multinational firm expect to achieve by establishing a physical presence in other countries? These are the questions that the theory of...

  • THE THEORY OF INTERNATIONAL INVESTMENT
    3

    THE THEORY OF INTERNATIONAL INVESTMENT

    4 years ago

    To understand international investment, its motivation, process, and implications, we return to the basic premise of international trade15. Trade is the production of a good or service in one country and its sale to a...

  • HOW TO MANAGING FOR MANAGERS
    1

    HOW TO MANAGING FOR MANAGERS

    5 years ago

    The importance of the quality pf the workforce in global business cannot be overemphasized, regardless of the stage of globalization of the firm. As seen in Global Learning Experience global business systems are complex...

  • INTERNATIONAL FINANCIAL RISK MANAGEMENT
    0

    INTERNATIONAL FINANCIAL RISK MANAGEMENT

    15 months ago

    All firms are in some way influenced by three financial prices; Exchange Rate interest rates, and commodity prices. The management of these prices, these risks, is termed financial risk management. Interest rates have...

  • INTERNATIONAL FINANCIAL MANAGEMENT
    0

    INTERNATIONAL FINANCIAL MANAGEMENT

    3 years ago

    Financial management is a broad term that covers all business decisions regarding cash flows. These cash flows extend from the funding of the entire enterprise to the preservation of firm liquidity given the gaps in...

  • EXPORT MANAGEMENT COMPANIES
    0

    EXPORT MANAGEMENT COMPANIES

    3 years ago

    Domestic firms that specialize in performing global business services as commission representatives as distributors are known as export management companies (EMCs). Although few directories listing EMCs are available,...

  • THE IMPORTANT DINING ROOM
    3

    THE IMPORTANT DINING ROOM

    5 years ago

    If you have a dining room-or simply a dining area-atmosphere is important. It turns eating from a function into an event. If you are lucky enough to have a dining room that doesn't have to double for another purpose,...

  • CAUSES OF INDUSTRIAL BACKWARDNESS IN PAKISTAN
    1

    CAUSES OF INDUSTRIAL BACKWARDNESS IN PAKISTAN

    5 years ago

    The causes of industrial backwardness in Pakistan are varied and complex. The Government of Pakistan since 1947 is trying to develop industries and infrastructure facilities for the growth of industrial sector, yet it...

  • ROLE OF INDUSTRIALIZATION IN ECONOMIC DEVELOPMENT OF THE COUNTRY
    27

    ROLE OF INDUSTRIALIZATION IN ECONOMIC DEVELOPMENT OF THE COUNTRY

    5 years ago

    Industrialization plays a vital role in the economic development of an underdeveloped country. The historical facts reveal that all the developed countries of the world broke the vicious circle of underdevelopment by...

  • Industrial Development in Pakistan
    17

    Industrial Development in Pakistan

    15 months ago

    Introduction: Since the Industrial Revolution, industrialization has been regarded as essential for a country's rapid development. The countries that solely rely on agriculture have remained poor and underdeveloped,...

  • WHAT ARE THE VARIOUS CHARACTERISTICS OF SUBSISTENCE FARMING
    9

    WHAT ARE THE VARIOUS CHARACTERISTICS OF SUBSISTENCE FARMING

    4 years ago

    HOW A SUBSISTENCE FARMING CAN BE TRANSFERRED TO A COMMERCIALIZED FARMING OR GIVE THE MAIN FEATURES OF TRADITIONAL AGRICULTURE. ENLIST THE FACTORS WHICH PROMOTE TRANSITION FROM SUBSISTENCE TO COMMERCIALIZED FARMING What...

  • LAND REFORMS IN PAKISTAN
    15

    LAND REFORMS IN PAKISTAN

    4 years ago

    Land reforms means to break up large estates in small size for distribution to the farmers with or without payments. Land reform in the past was mainly carried primarily for equity and social justice. Now it is mainly...

  • OBJECTIVES AND SIGNIFICANCE OF LAND REFORMS
    7

    OBJECTIVES AND SIGNIFICANCE OF LAND REFORMS

    4 years ago

    What is land reform? Land reform is a popular slogan in developing countries of the world. By land reform is technically meant that land tenure reform. Land tenure reform is of two types; (1) land redistribution which...

  • AGRICULTURAL PRICE POLICY IN PAKISTAN
    1

    AGRICULTURAL PRICE POLICY IN PAKISTAN

    4 years ago

    The government of a country can play an effective role in deterring as to what agricultural goods are to be produced, how much to be produced. The government can also regulate the prices of agricultural goods keeping in...

  • GREEN REVOLUTION
    0

    GREEN REVOLUTION

    5 years ago

    Green Revolution was based on the idea of agricultural revolution. Green revolution infect started with the introduction of high yielding variety (HYV) of wheat by Dr. Borlaug in 1950. Dr. Borlaug was of the view that...

  • ROLE OF COOPERATIVE MARKETING IN AGRICULTURAL PRODUCE
    0

    ROLE OF COOPERATIVE MARKETING IN AGRICULTURAL PRODUCE

    4 years ago

    Agriculture is basically different from manufacture . The problems faced by by it in the sale of surplus goods is quite complex and complicated. The farmers who have surplus goods have to sell these generally in...

  • AGRICULTURAL MARKETING
    0

    AGRICULTURAL MARKETING

    5 years ago

    Agriculture is the major sector of the economy. It not only meets the food needs of the entire population but also supplements the foreign exchange resources through export of farm produce. It engages about 44% of...

  • SOURCES OF RURAL CREDIT
    1

    SOURCES OF RURAL CREDIT

    3 years ago

    SOURCES OF RURAL CREDIT Credit in the farm sector is available from sector is available from two sources--Non institution and institutional. These two sources of credit are now discussed in brief. (1)...

  • MAJOR CROPS OF PAKISTAN
    67

    MAJOR CROPS OF PAKISTAN

    4 years ago

    The main crops of Pakistan are classified into food crops and non-food crops. The food crops include wheat, rice, maize, coarse grains, grams and other pulses. The cash crops are cotton, sugarcane, tobacco, mustard and...

  • LIVESTOCK IN PAKISTAN
    1

    LIVESTOCK IN PAKISTAN

    5 years ago

    Livestock is an important sub-sector of agriculture in Pakistan. It is contributing 50% in value addition and almost 11% to GDP which is higher than the contribution made by the crop sector (47.4% in agricultures and...

  • AGRICULTURAL CREDIT
    0

    AGRICULTURAL CREDIT

    5 years ago

    1. RURAL CREDIT Agricultural sector is the mainstay of the economy of Pakistan. It accounts for 21% of GDP. It employes 43.4% of the population directly engaged in agriculture. Agriculture contributes about 65% of...

  • MANPOWER PLANNING IN PAKISTAN
    1

    MANPOWER PLANNING IN PAKISTAN

    4 years ago

    What is manpower planning? Many developing countries including Pakistan are facing wide spread and growing problem of unemployment and under employment. It is being increasingly realized that policies should be...

  • ROLE OF HUMAN  CAPITAL IN ECONOMIC DEVELOPMENT
    19

    ROLE OF HUMAN CAPITAL IN ECONOMIC DEVELOPMENT

    4 years ago

    The modern economists are of the view that natural resources i...e forest minerals, climate, water power etc. play in important role in the economic development of an country. A country which has abundant natural...

  • ROLE OF EDUCATION IN ECONOMIC DEVELOPMENT
    1

    ROLE OF EDUCATION IN ECONOMIC DEVELOPMENT

    4 years ago

    The development economists until 1960's attached great importance to material capital such as machines new factories new buildings etc. in the development process of the country. The manpower was not regarded an...

  • HUMAN RESOURCES AND ECONOMIC DEVELOPMENT
    9

    HUMAN RESOURCES AND ECONOMIC DEVELOPMENT

    4 years ago

    Introduction: we have discussed the role of natural resources in economic development. We have stated that there is a correlation between the availability of natural resources and the level of development in a...

  • HOW TO TACKLE THE PROBLEM OF POPULATION EXPLOSION IN PAKISTAN
    4

    HOW TO TACKLE THE PROBLEM OF POPULATION EXPLOSION IN PAKISTAN

    3 years ago

    The rapid increase of population in Pakistan which is already over-populated is adding sufferings to the people. There is mass unemployment or underemployment in the agrarian economy for a greater part of the year. The...

  • Causes of Increase in Population
    3

    Causes of Increase in Population

    3 years ago

    The main factors which have led to the great increase in population are as follows: (1) Drop in death rate. Due to advances in medical science, the death rate has sharply come down from 28 per thousand population in...

  • NATURAL RESOURCES AND ECONOMIC DEVELOPMENT
    0

    NATURAL RESOURCES AND ECONOMIC DEVELOPMENT

    4 years ago

    Mineral, power and forest resources are the foundation of economic development They help in giving an initial push to the raising of production in all sectors of the economy. If the quality of manpower is high a...

  • MARKET IMPERFECTIONS AND PRICE DISTORTIONS
    0

    MARKET IMPERFECTIONS AND PRICE DISTORTIONS

    6 years ago

    Most of the developing countries are facing a few general obstacles to economic development. These include political instability, corruption, excessive foreign debt, and their repayments, inappropriate education,...

  • Capital Formation
    2

    Capital Formation

    4 years ago

    1. WHAT IS CAPITAL FORMATION? ITS ROLE IN ECONOMIC DEVELOPMENT Capital formation is one of the major factors in economic development. It is the increase in the stock of both material and human capital by making...

  • OBSTACLES TO ECONOMIC DEVELOPMENT IN PAKISTAN
    22

    OBSTACLES TO ECONOMIC DEVELOPMENT IN PAKISTAN

    4 years ago

    Pakistan inherited an extremely narrow economic base at the time of Partition in 1947 Since then, the Government of Pakistan is making rigorous efforts to build up infrastructure and productive potential of the economy...

  • VICIOUS CIRCLE OF POVERTY OR A COUNTRY IS POOR BECAUSE IT IS POOR
    55

    VICIOUS CIRCLE OF POVERTY OR A COUNTRY IS POOR BECAUSE IT IS POOR

    4 years ago

    poverty is a great curse. It is the biggest hurdle in the way of economic development. Ranger Nurkse in ''Problems of Capital Formation in Underdeveloped Countries'' describes 'vicious circle of poverty as the basic...

  • OBSTACLES OR CONSTRAINTS ON THE PATH TO ECONOMIC DEVELOPMENT IN DEVELOPING COUNTRIES
    20

    OBSTACLES OR CONSTRAINTS ON THE PATH TO ECONOMIC DEVELOPMENT IN DEVELOPING COUNTRIES

    4 years ago

     At present there are about 6.2 billion people living in the world. Out of these 75% (4,2 billion) persons are living in developing countries. The per capita income in these countries is estimated at around $ 600...

  • DETERMINANTS OR REQUISITES OF ECONOMIC DEVELOPMENT
    13

    DETERMINANTS OR REQUISITES OF ECONOMIC DEVELOPMENT

    4 years ago

         1. Factors in Economic Development         Economic development is a complex process. It is influenced by a number of factors such as natural resources,...

  • Measures of Economic Development
    3

    Measures of Economic Development

    4 years ago

    There are a number of measures which have been used to es timate the economic development of a country. These measures, in brief, are: (i)  Increase in real GNP. (ii)  Increase in real per capita income. ...

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