International Journal of Business and Social Science Vol. 2 No. 5; [Special Issue -March 2011] Illusive and Regressive Globalization: Issues and Challenges for Pakistan’s Economy Muhammad Iqbal Anjum Assistant Professor International Institute of Islamic Economics‚ International Islamic University Islamabad‚ Pakistan E-mail: miqbalanjum@iiu.edu.pk Abstract In a mesmerizing scenario of the aura of glamorous globalization‚ Pakistan has entered the 21st century with ambivalent presentiment of hope
Premium International Monetary Fund Islam Pakistan
What case can be made that it was the lack of regulation of the banking sector that led to the financial crisis of 2008-9? What are the new regulatory structures that are being proposed in the US and UK? The preconditions of the 2008-9 crisis were high unemployment‚ high growth which was stimulated partially by foreign investment caused by imbalance of current accounts on the international arena (ie. Huge debt of US and the UK and surplus of China‚ Korea‚ Japan). Large part of the problem was
Premium Bank
The twentieth century saw an upsurge in a new form of protest movement‚ the anti-globalisation/anti-capitalist social movement‚ which is a branch out of what was known as the New Social Movement. The new social movements were a plethora of informal groups‚ organisations and campaigns that surfaced in the 1960s. These included movements that campaigned for racial equality‚ sexual equality‚ gay rights‚ environmental concerns‚ peace groups‚ prisoners rights‚ human rights‚ among others. Because of
Premium Sociology Social movement United States
Pages AcaDemon (2007). “Comparison Essay #100882 :: Monetary Versus Fiscal Policies: Cohesion.” AcaDemon; Term Papers & Essays. Available from: 65 67 Parker‚ Faranaaz (2009)‚ “Stiglitz slams inflation targeting”‚ Johannesburg‚ South Afrika‚ Mail & Guardian online‚ Available from: http://www.mg.co.za/article/2009-07-09-stiglitz-slams-inflationtargeting (Accessed 30 October 2009) 68 The New York Times (2008)‚ “Iceland cuts interest rates in bid to revive economy”‚ USA‚ Available from: http://www.nytimes
Free Monetary policy Inflation Central bank
Positive views of the IMF Is there any harder job than regulating all of the international markets money? Probably not‚ the topic being discussed throughout this essay will be the international monetary fund and its involvement in the international market. Much has been said about the I.M.F whether it is positive or negative‚ neo-Marxist Che Guevara said “The interests of the IMF represent the big international interests that seem to be established and concentrated in Wall Street.” Here he
Premium International Monetary Fund World Bank
1. Introduction To understand the development and the impact of the financial crisis‚ the following paragraph gives a general overview about the timeline of the financial crisis and the series of reactions which caused‚ at the end‚ the failure of the American banking system and led to a worldwide economic downturn with the result of the global economic crisis. The topic of this paper is the failure of the American banking system‚ but as the banking systems of the whole world are interdependent‚
Premium Bank Monetary policy Central bank
Executive summary More corporations tend to apply sustainability into their business operations. Woolworths as an Australian retail company‚ also add more emphasis on sustainable development. This report shows the reason why Woolworths take sustainable strategies in global business context for further development in the future. Firstly‚ the report offers a brief description for the background of Woolworths and presents the definition for sustainability. With the development of globalization‚ environmental
Premium Sustainability Sustainable development
The Global Financial Crisis: Causes‚ Remedies and Discourses The Global Financial Crisis of 2008-2012 is widely considered to be second in severity to only the Great Depression of the 1930s. Sardonically coined as the ʻGreat Recessionʼ by commentators and media alike‚ what began as a housing crisis in the United States rapidly degenerated into a systemic mess that wrecked brand-name financial institutions‚ led to government bailouts and in some cases‚ liquidation. The crisis reduced consumer wealth
Premium Subprime mortgage crisis Mortgage
Acronyms HIV Human Immunodeficiency Virus TRIPS Trade-Related Aspects of Intellectual Property Rights WTO World Trade Organization WIPO World Intellectual Property Organization Key terms Life-Saving drugs are the drugs that are widely accepted by the scientific community curing or reducing the effects of illnesses that if left untreated would result in death of the patient. HIV‚ Tumors‚ and Leukemia are some examples of lives threatening diseases. Compulsory licensing: When a government
Premium Patent HIV
WORLD TRADE ORGANIZATION The World Trade Organization (WTO) is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements‚ negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services‚ exporters‚ and importers conduct their business. The WTO’s predecessor‚ the General Agreement on Tariffs and Trade (GATT)‚ was established after World
Premium European Union