No quiet place
From the Blog odysseuslahori“There is no quiet place in the white man’s cities. No place to hear the unfurling of leaves in spring or the rustle of insects’ wings … The clatter only seems to insult the ears.” Thus wrote Seattle to the president of the United States in 1854. This piece of prose, all 1,900 words of it, should be the environmentalists’ bible. Now, Seattle was chief of the Suquamish Red People of North America when the president of that new country offered to buy the Red Man’s land and put him on reservations. Now, also, the letter is somewhat of a controversy because there exist two versions of it — quite alike in essence, however. Some attribute the prose to a 1970s screenwriter instead of Chief Seattle (also spelled Seathl); others to an earlier writer in the 1930s. But whatever the case, ipakistanblogs.blogspot.comRead Full Post
Growth model fuels inequality
From the Blog lahoreschoolofeconomicsKhaleeq Kiani Pakistan and the IMF, for the first time, seem to be almost on the same page about the current year’s economic growth forecast, despite the downside risks from militancy, monsoon floods and energy constraints. While the government maintains its stance on achieving the 5.1pc growth rate target this year, the IMF expects it to rise to 5pc of GDP in the medium-term from last year’s 4.14pc due to easing of fiscal adjustment and improvements in the energy sector, public enterprises and investment climate. This means that the country is now entering its average growth band of 5-6pc after a gap of seven years. It is estimated that the economy has the potential to reach 8-10pc growth in 5-6 years, provided the energy and security situation is improved and structurapakistanblogs.blogspot.comRead Full Post
0 comments :
Post a Comment