2016

War and Economic History

War and Economic History

Joshua Goldstein Wars have influenced the economic history profoundly across time and space. Winners of wars have shaped economic institutions and trade patterns. They have influenced technological developments as well. Above all, recurring war has drained wealth, disrupted markets, and depressed economic growth. Economic Effects of War Wars are expensive (in money and other resources), destructive (of capital and human …

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The Calculus of Conflict in MENA, 12 Key Takeaways from the IMF Report

the-calculus-of-conflict-in-mena

Almost daily, global media report intense violence, large-scale human suffering, and destruction in Iraq, Libya, Somalia, Syria, and Yemen. These conflicts in the Middle East and North Africa (MENA) have fundamentally changed the region’s physical, economic, and social landscape, which, at the onset of the Arab Spring just over five years ago, looked much more hopeful. Yet, as conflicts intensify …

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Economic Effects of War and Peace in the Middle East and North Africa

economic-effects-of-war-and-peace-in-the-middle-east-and-north-africa

Economic Consequences of the Wars Restoring Libya’s infrastructure will cost an estimated $200 billion over the next ten years. The damage to the capital stock in Syria as of mid-2014 is estimated between $70-80 billion. Syria’s neighbouring countries (Turkey, Lebanon, Jordan, Iraq and Egypt) have borne the brunt of the economic impact of the war. The cost to the five …

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Economic Impact of Brexit, What the future holds for world economy

economic-impact-of-brexit

“Financial market volatility following the referendum in the United Kingdom on EU membership has been short-lived. However, uncertainty about the global outlook has increased, while incoming data for the second quarter point to subdued global activity and trade.” (— Economic Bulletin of the European Central Bank) The campaign for the referendum on the question of UK’s leaving or remaining within …

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Economic Importance of South China Sea, A 5 Trillion Dollar Question

economic-importance-of-south-china-sea

The South China Sea has been a source of tensions between several East Asian countries for decades. The fears are growing that the area will become a flashpoint, with potentially serious global consequences since the rivalry between China and the United States, which apparently backs its ‘ally’ the Philippines, is on the rise. The ruling from the International Tribunal for …

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International Day of Rural Women, Empowering the oft-neglected segment of society

international-day-of-rural-women

The nations which neglect women’s all-encompassing role in all spheres of society, ranging from homes to other societal institutions, neither can bring up new generations nor do they can fully exploit the resources of production. Resultantly, people keep groping in the dark and remain grappling with numerous problems ranging from ignorance and poverty to healthcare issues, unilateral decision-making, so on …

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Enhance Your Vocabulary

Enhance Your Vocabulary

Choose the word MOST SIMILAR in meaning to the capitalized word. 1. AMBLE (a) Decline    (b) Stumble (c) Nadir        (d) Saunter 2. PROFANE (a) Sincere     (b) Bullying (c) Crude    (d) Ignorant 3. MELEE (a) Affability    (b) Serenity (c) Smoothness    (d) Scrimmage 4. ASSIDUOUS (a) Indolent    (b) Insolvent (c) Industrious    (d) Ditzy 5. RED TOP (a) Sports car    (b) …

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Analytical Reasoning (MCQs)

MCQs

Questions 1-6: Seven airline flights — 101,102,103,104,105,106 and 107 — are to be scheduled for departure, one at a time on the hour, from 9:00 a.m. until 3:00 p.m. The schedule must conform to the following requirements: A. Flight 101 must depart at 9:00 a.m. B. Flight 105 must depart later than Flight 103, and also later than Flight 102. …

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Industrial Sector of Pakistan, Situation, Issues and Solutions

industrial-sector-of-pakistan

1. Introduction 2. Industrial Sector and Its Components 3. Importance of Industrial Sector For A Country 4. Different Phases of Industrial Development in Pakistan a) 1950s: The era of rapid industrial growth b) 1960s: The ere of industrial stabilization c) 1970s: Nationalization and its impacts d) 1980s: Russia-Afghan war and pro-industry policies of Zia e) 1990s: The decade of privatization …

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Plight of the Muslim World, The role OIC needs to play

Plight of the Muslim World

Author: Naqeeb Ullah Kakar The Organization of Islamic Cooperation, or more rightly the Muslim world, treat the Palestinian and Kashmir issues as subjects, not objects. All along, it’s not a fantasy, rephrase it, after almost five decades of its establishment the OIC members opted for an Islamic Military Alliance to Fight Terrorism (IMAFT), the objectives of which ought to have …

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