Our Global Society

  The multinational Corporations in Pakistan : It was indeed a time, when multinational companies did very well in the economic prosperity of Pakistan. But, during last decades the multinational corporation suffered a lot globally due to below reasons.   1.        A worldwide recession especially in North America and Europe. 2.        Restructuring of  many corporation in the form of mergers and acquisition. 3.        Market competition especially from the far eastern economies, as most of the corporation are based in either Europe or North America. 4.        The overall cost of doing business increase globally.   Due to above reasons, the corporation started outsourcing of their business processes to countries where cost of labor is cheaper. As a result of this move below countries got some extra opportunities in their economic activities due to ex...

  Wakhan Corridor, A game changer for Pakistan   It is a part of historical Durand line agreement held between British empire and  Russian empire in 1893. A narrow strip of Afghanistan  separate  both then  empires together,  hence this place is termed as   Wakhan Corridor. This is around 16 km  strip which  separates  Pakistan and Tajikistan. Now Wakhan corridor separates Pakistan from Tajikistan and joins Chinese province of Xinjiang. This is the only land border between Afghanistan and China. It is interested to mention here,  that India also claim that it shares  around 105 kilometer land border with Afghanistan in Wakhan corridor. India   considers  Gilgit  and Biltistan as  occupied by Pakistan and this Pakistani province shares most of the Wakhan corridor border with Afghanistan. Ladakh is a disputed land area between China and India, which joins the Chinese province of Xinjiang, which ...

Inflation:

Bureaucracy Third World and Pakistan: A system where  people of state work in the top adminstrative level and eventually lead in the policy and decision making  process of  public offices in any country. This is very vital function for any country. If the people of the state are satified from the function of Government, it is the only Key performance indicator (KPI). Switzerland and Denmark are said  the countries with best bureaucracy. Whereas, Suriname, Venzuela,Equitorial Guinea and Brazil are considered as worst bureaucracy system. Who is  a Bureaucrate: These people are called bureaucrats, and are non elected Government officials, selected on the basis of some acedemic and some short  adminstrative and management training later on. This criteria varries from country to country Who is a Technocrate: A technocrate is  person  who  performs the same function as above,  either in public or private sector. A technocrate possess strong kn...

What is Cash less economy: This caption is somewhat confusing. It seems that we are going to talk about those  countries having weak economies. Actually we will focus here  on concept  where  people avoid using hard cash for their routine payments and receipts  or economic transaction.Means online payments, physical or virtual point of sale system  or mobile payment applications, which are termed as cash wallets etc. We will also discuss the role of Global monitoring agency here, which is,  Financial Action Task Force (FATF).  We will discuss the cyrpto currency here . And, in the end, will conclude  the suggested way to attain the need of world economy. When we talk about world economy it is  for the whole world and not  restricted to  G-20 economies. The vital topic of global economy is a forex market where traders speculate in some selected currencies. This is decentralized market   with future deals  options....

Nigeria-A Sleeping Giant of Africa: Nigeria is located in the western Africa. It is the largest populated country of Africa  having 214 million people. It is the 6th most populated country in the world after  China, India, USA, Indonesia and Pakistan. It falls  in GMT+1 time zone. Nigeria is the  only country in the world which  simultanously  falls  among   the top five muslim and christian majority countries of the world. There are many  local languages  spoken here,  Hausa is most common after English, which is the official language of  the country. Nigeria is the 4th largest English speaking country in the world after USA, India and Pakistan. United Kingdom, Australia, Newzeland and Canada are far behind  Nigeria, in this list. Mr. Muhammdu Buhari is the  President of Nigeria since May 2015. Now we will try to understand the  merits, current economic and social issues and  their remediations. The me...

  Population and Allocation of Resources:    The approximate global human population is around 7.8 billion in 195 countries accross the world China, India, USA, Indonesia and Pakistan are the top populous  countries in the world.  Their population are 1.4 billion, 1.35 billion, 327 million, 268 million and 234 million respectively. More than half of the world population lives in Asia. Monaco is the world most densely populated country where 18,960 people lives in one square kilometer.whereas Mongolia is the country where only 2 person  live in one square km.  There is a general perception that , population itself is a cause of many economic and social problems. But, this theory is not appropriate, because if we look at all above four most populated countries, we can find that ,  there is a proper resource allocation for population, which eventually resulted in the overall social and economic growth of these countries. All these   fou...