Declining Oil Prices Unlikely to Impact Remittances Flows
From the Blog lahoreschoolofeconomics Declining oil price may not impact remittance flows as the major oil producers have built-up high foreign-exchange reserves to deal with such eventualities. This was stated by Dr. Ishrat Hussain, former Governor of the State Bank and currently Dean, IBA Karachi at the inauguration of the Centre on International Migration, Remittances and Diaspora (CIMRAD) at the Lahore School of Economics on Tuesday 2 December, 2014. Dr. Hussain went on to say that while other parts of the world from Europe to Japan are seeing a declining population, Pakistan’s youthful population may be an asset to the world if properly invested in. He alluded to the faulty notion of a “brain drain” and instead in the new globalized economy it is in fact a “brain circulation” which pays dividends to both senpakistanblogs.blogspot.comRead Full Post
Light and dark
From the Blog mehmalFour different news items: three of them show the dark side of Pakistan while one of them - interlinked with the three in a way - shows how there are people who still give us hope in these difficult times. One: ‘10 thalassemic children get HIV from transfusions’ (*Dawn*). The story says: “At least 10 children - between the ages of 5 and 16 - already afflicted with thalassemia, have tested positive for the HIV virus after allegedly receiving a transfusion of infected blood.” This story highlights how neglected our healthcare system is and how much more needs to be done. Ten lives of innocent children have been ruined because of medical, nay criminal, negligence. We do not know how many more lives have been destroyed in the same manner because nobody reported them. Just the other pakistanblogs.blogspot.comRead Full Post
0 comments :
Post a Comment