Technological Capability Building in South Korea: Some Lessons for Pakistan

Recent economic upheavals raise important questions about the nature of the transformation that has taken place in the East Asian economics. Are these economics really catching up with the West? Is there growth process sustainable? Or will they suffer the type of systemic disintegration experienced by the East European countries during the 1990s—Paul Krugman (1994) and Young (1994) had demonstrated similarities in the East Asian and East European growth paths some time ago. Technological upgrading is an important element in the development of a sustainable growth strategy. This paper seeks to describe policies and initiatives taken by the South Korean government to stimulate technological learning during 1960–1990—the decades during which the South Korean economy achieved a “miraculous” transformation. The description relics mainly on Korean sources and is based on our own field research in that country. Section one describes the technological learning processes and Section Two presents a discussion of the policies that facilitated this learning. Section Three briefly addresses the question: Did this type of technological learning make a contribution towards enhancing the sustainability of Korean development processes? The concluding section briefly reflects on the lessons that seem relevant for Pakistan.

Enduring Resilience of Capitalist Power: The Role of Capitalist Education as a Technology of Governance

Capitalism has experienced several crises since its emergence but its present global dominance apparently remains unassailable. This paper argues that capitalism’s resilience is grounded in the systemic hegemony of capitalist individuality—an individuality, committed to freedom as an ultimate end and seeking abundance in this world. It has been argued that the successful manufacturing of capitalist subjectivity is significantly dependent on the inculcation of capitalist values to the subject of capital through capitalist education. Section one focuses on freedom as capitalism’s telos and sketches the historical emergence of capitalist subjectivity formed by processes of capitalist governance. Section two investigates the formational role of capitalist education as a technology of capitalist governance. It analyzes capitalist education as a means for the construction of capitalist individuality. Section three argues that capitalism’s main antagonists, especially Marxist socialism, cannot effectively challenge capitalist hegemony in the lifeworld or at the level of the state because they (i.e. main antagonists) endorse freedom (the core capitalist value) as an ultimate end in itself. Socialism does not propose to alter the subjectivity of an individual that the capitalist education constructs

A Search for an Optimum Currency Area Partners for Pakistan

The Indian government has on several occasions advocated the idea that a common currency area be formed in the SAARC region. The response from other member countries has been somewhat lukewarm. They are unconvinced that the benefit of currency union establishment will outweigh the cost emanating from the abandonment of national monetary sovereignty. This paper seeks to empirically investigate the feasibility of a common currency area for Pakistan with each one of the following countries; India, Bangladesh, Saudi Arabia and Sri Lanka. This empirical investigation involves estimation of the co-variation of the bilateral real exchange rates using the Japanese Yen and the US dollar as base currencies. Section 2 begins with an eclectic overview of the Optimum Currency Area (OCA) literature. Section 3 presents the estimation methodology, Section 4 discusses the findings and Section 5 concludes the analysis

WHY ACCOUNTANCY FRAUD THRIVES IN AMERICA

Corporate crime is booming once again in America. America has always been its natural home. In 2005 a long line of American ‘whiz kid’ CEOs went to jail with life or near life sentences—Dennis Kowzloski and Mark Swartz of Tyco, John and Timothy Ragas of Adelphia, Andrew Festow of Enron, Martin Glass of Rite Aid, Jamie Olis of Dynergy Sam Wicksal of I m Clone and of course Bernie Ebbers of World Com. By persecuting individuals and sparing companies –Enron, World Com, Arthur Anderson, Tyco and Rice Aid continue to survive and often, thrive—American judges have shown their awareness of the link between burgeoning corporate crime and impending capitalist crises

STRUCTURAL CHANGE IN PAKISTANI EXPORTS 1992 - 2005

1. ObjectivesThis study analyses• Structural change in Pakistani exports during 1992 – 2005. A comparison is made between the period 1992 – 1998 and the period 1999 – 2005. Has there been a significant change in the structure (i.e. commodity composition) of exports during this period?• Exports are categorized into ‘Core’, ‘Development’ and ‘Other’ categories (as defined by EPB). Are exports with high world elasticities of demand growing more rapidly? These exports are mainly grouped within the ‘development’ and ‘all other’ categories by the EPB.Exports are also grouped by end use. The categorization enables us to identify product markets towards which Pakistani exports are targeted

IS DEMOCRACY THE END OF HISTORY?

Of course not, for I am no democrat and the purpose of this paper is to persuade you not to be one either

EQBAL AHMED BETWEEN PAST AND FUTURE Karachi Oxford University Press

Eqbal Ahmed a populist sociologist came to prominence in the late 1960s due to his support for the Indian invasion of East Pakistan. He was then projected as a progressive intellectual by the American establishment and stationed in Pakistan since 1991. Along with Pervez Hoodbhoy and Zia Mian, Eqbal Ahmed led the imperialist campaign against Pakistan’s nuclear program during the last year of his life. The Clinton administration sponsored this campaign

Unraveling the tripartite interaction of volatile compounds of Streptomyces rochei with grain mold pathogens infecting sorghum

Sorghum is a major grain crop used in traditional meals and health drinks, and as an efficient fuel. However, its productivity, value, germination, and usability are affected by grain mold, which is a severe problem in sorghum production systems, which reduces the yield of harvested grains for consumer use. The organic approach to the management of the disease is essential and will increase consumer demand. Bioactive molecules like mVOC (volatile organic compound) identification are used to unravel the molecules responsible for antifungal activity. The Streptomyces rochei strain (ASH) has been reported to be a potential antagonist to many pathogens, with high levels of VOCs. The present study aimed to study the inhibitory effect of S. rochei on sorghum grain mold pathogens using a dual culture technique and via the production of microbial volatile organic compounds (mVOCs). mVOCs inhibited the mycelial growth of Fusarium moniliforme by 63.75 and Curvularia lunata by 68.52%. mVOCs suppressed mycelial growth and inhibited the production of spores by altering the structure of mycelia in tripartite plate assay. About 45 mVOCs were profiled when Streptomyces rochei interacted with these two pathogens. In the present study, several compounds were upregulated or downregulated by S. rochei, including 2-methyl-1-butanol, methanoazulene, and cedrene. S. rochei emitted novel terpenoid compounds with peak areas, such as myrcene (1.14%), cymene (6.41%), and c-terpinene (7.32%) upon interaction with F. moniliforme and C. lunata. The peak area of some of the compounds, including furan 2-methyl (0.70%), benzene (1.84%), 1-butanol, 2-methyl-(8.25%), and myrcene (1.12)%, was increased during tripartite interaction with F. moniliforme and C. lunata, which resulted in furan 2-methyl (6.60%), benzene (4.43%), butanol, 2-methyl (18.67%), and myrcene (1.14%). These metabolites were implicated in the sesquiterpenoid and alkane biosynthetic pathways and the oxalic acid degradation pathway. The present study shows how S. rochei exhibits hyperparasitism, competition, and antibiosis via mVOCs. In addition to their antimicrobial functions, these metabolites could also enhance plant growth.Peer reviewe