644 research outputs found

    The Cold War in the West Asian Planet: A Historical Study of the Afghanistan Unsettledness

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    The cold war in West Asia was come across by the world in shape of Afghanistan conflict This battle besides unfocused the U S S R from her armaments competition by way of the U S A consequently let America to achieve a scientific plus USA ratcheted up stress on U S S R all the way through several means The Reagan government initiated introducing missiles in Western Europe principally in Western Germany tactically positioned to terrorize Eastern Europe and the U S S R Reagan moreover initiated buttressing the United States armed forces Reagan custom-built innovative jumbo jet carriers and long-drawn-out America s stealth aircraft curriculum Toward the Soviets these measures indicated a broaden armaments fissure in particular in terms of scientifically sophisticated armament

    THE ASCEND AND DESCEND OF COMMUNISM IN EAST-CENTRAL EUROPE: AN HISTORICALOPINIONATED ANALYSIS

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    The year of 1989 marked a turning point in world history. During the last six months of that year, the world witnessed the collapse of communism in East-Central Europe. Two years later, communism was abolished in the Soviet Union, and that country began to fall apart. These changes were stunning and unprecedented in terms of their breadth, depth, and speed. In 1989, Hungary and Poland led the way, though cautiously. In February of that year, the Hungarian communist party leadership officially sanctioned the emergence of opposition parties the beginning of the end of the party's monopoly of power. In Poland a few months later, after a long series of roundtable negotiations between the communist party leadership and the opposition, the regime agreed to partially contested elections to the country's national legislature. Within the countries of East-Central Europe, the social, economic, and political changes were as fundamental as were those in France and Russia after their revolutions. In every country in the region the transition to Western style parliamentary democracy meant a fundamental restructuring of the political system, a proliferation of new interest groups and parties, and upheaval within the bureaucracy and administration. At the same time, all of these new regimes attempted an economic transition from centrally planned economies to market-oriented ones with increasing degrees of private ownership of property. Trying to accomplish both of these transitions simultaneously, from authoritarianism to pluralism and from plant to market, was a huge task, and the two occasionally pulled against each other

    THE ASCEND AND DESCEND OF COMMUNISM IN EAST-CENTRAL EUROPE: AN HISTORICALOPINIONATED ANALYSIS

    Get PDF
    The year of 1989 marked a turning point in world history. During the last six months of that year, the world witnessed the collapse of communism in East-Central Europe. Two years later, communism was abolished in the Soviet Union, and that country began to fall apart. These changes were stunning and unprecedented in terms of their breadth, depth, and speed. In 1989, Hungary and Poland led the way, though cautiously. In February of that year, the Hungarian communist party leadership officially sanctioned the emergence of opposition parties the beginning of the end of the party's monopoly of power. In Poland a few months later, after a long series of roundtable negotiations between the communist party leadership and the opposition, the regime agreed to partially contested elections to the country's national legislature. Within the countries of East-Central Europe, the social, economic, and political changes were as fundamental as were those in France and Russia after their revolutions. In every country in the region the transition to Western style parliamentary democracy meant a fundamental restructuring of the political system, a proliferation of new interest groups and parties, and upheaval within the bureaucracy and administration. At the same time, all of these new regimes attempted an economic transition from centrally planned economies to market-oriented ones with increasing degrees of private ownership of property. Trying to accomplish both of these transitions simultaneously, from authoritarianism to pluralism and from plant to market, was a huge task, and the two occasionally pulled against each other

    Micro-econometric Analysis of Impact of Remittances on Householdā€™s Welfare: Empirical Evidence from District Peshawar

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    The present study has been conducted in the year 2010 in district Peshawar to assess the impact of inflow of remittances on householdā€™s welfare. The concept welfare was measured in terms of consumption expenditures of the household. A sample of 60 household was interviewed using snowball sampling combined with the convenient sampling technique. A regression model which was a mixture of direct elasticity and semi-elasticity was used to quantify the relationships. Apart from inflow of remittances (lnremt), three control variables (i.e. years of schooling of the householdā€™s head ā€“ edu, age of householdā€™s head ā€“ age & family size ā€“ fz) were employed to standardize the impact. Controlling for edu, age & edu, this paper conclude that inflow of remittances enhance householdā€™s welfare. All control variables have theoretically correct positive signs. These results were statistically significant and results showed no major econometric problems that can influence statistical inference derived from the model. So it is highly recommended, in light of the present study, that govt. of Pakistan should take all possible steps to export labors abroad. It has dual positive impacts, one enhancing householdā€™s prosperity (welfare) and other reducing unemployment at local level.

    Energy-aware peering routing protocol for indoor hospital body area network communication

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    The recent research in Body Area Networks (BAN) is focused on making its communication more reliable, energy efficient, secure, and to better utilize system resources. In this paper we propose a novel BAN network architecture for indoor hospital environments, and a new mechanism of peer discovery with routing table construction that helps to reduce network traffic load, energy consumption, and improves BAN reliability. We have performed extensive simulations in the Castalia simulation environment to show that our proposed protocol has better performance in terms of reduced BAN traffic load, increased number of successful packets received by nodes, reduced number of packets forwarded by intermediate nodes, and overall lower energy consumption compared to other protocols

    Chinas Seat in United Nations, Kashmir Issue and the India-Pakistan War of 1965

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    On the one hand the Sino-Indian border war Sino- Soviet hostile relations and the US-China rivalry and on the other hand Pak-India enmity Pak-Soviet hostility and Pakistan s disillusionment with the US brought China and Pakistan closer to each other China was in struggle to get membership in United Nations where the Western powers were blocking its way and Taiwan was allowed to be a Chinese nation representative In 1960s Pakistan abandoned its policy of following the West and voted for Communist China in the UN China too refrained from its policy of neutrality regarding Indo-Pak issues and openly started to support Pakistan on Kashmir issue Beijing supported Islamabad in its war with New Delhi China condemned Indian aggression against Pakistan and appreciated the Kashmiri freedom fighters in their struggle from Indian illegal occupation This paper covers discussion and analysis on China s seat in UN Kashmir issue and Indo-Pak war of 196

    Pak-China Boundary Agreement: Factors and Indian Reactions

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    Aim of the paper is to discuss the Sino-Pakistan boundary agreement and to analyze the factors responsible. In 1960, Pakistan put forward its offer to China for border demarcation. The Chinese Government did not respond to the Pakistani offer. China was working hard to persuade India for the border settlement. But when the hopes for the Sino-Indian rapprochement failed, China asserted for negotiations with Pakistan. China was also motivated by the concept that the Western powers might manipulate the situation between the two countries and could assert pressure on Pakistanā€™s decision making process which would bring hostilities between the two countries. If China would more delay its border negotiations with Pakistan, the US wishes might come true and a permanent stalemate in relations could persist in future. As long as Pakistan was dependent on the US for its military and economic needs, it seemed difficult to get closer with China and negotiate for a border demarcation. Despite the opposition of India and the US, both Pakistan and China demarcated their border and signed a boundary agreement

    The Dynamic Role of aoMawlana Shah Ahmad Noorania in the Constitution-Making of Pakistan (1972-1975)

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    Mawlana Noorani could be found busy in politics even before the independence of Pakistan in 1947 Mawlana Shah Ahmad Noorani entered into Pakistani Parliament through the general elections held in 1970 He always struggled for the democratization and Islamization of Pakistani society through constitutional means When the Interim Constitution was presented in the National Assembly on April 14 1972 by the Bhutto Government Mawlana Noorani on that very day urged the President to prepare a constitution based on the teachings of Holy Quran and Sunnah and on the twenty-two points of the Ulama A twenty-five member Committee which was entrusted with the task of preparing the draft for permanent constitution Mawlana was one of them Mawlana Noorani was one of the signatories of the Constitutional Accord signed by the opposition parties and the then Government on October 20 197

    Social and Financial Efficiency of Microfinance Institutions in Pakistan

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    Financial efficiency and profitability of ā€žfor profitā€Ÿ institutions have been traditionally measured with the help of financial ratios [Hassan and Sanchez (2009)]. However, financial ratios are inappropriate to investigate the sources of inefficiency, estimate financial or social efficiency with multiple inputs and outputs, and to decompose the sources of efficiency or inefficiency into technical, technological and scale efficiencies or inefficiencies respectively [Hassan and Sanchez (2009)]. Microfinance Institutions (MFIs) are special institutions, which simultaneously consider their social role to uplift the marginalised community members along with their commercial objective to secure self-sustainability. In standard literature this phenomenon is coined MFIs as being ā€ždouble bottom lineā€ institutions. [Gutierrez-Nieto, Serrano-Cinca, and Mar Molinero (2007); GutiĆ©rrez-Nieto, Serrano-Cinca, and Molinero (2007)]. This simultaneity differentiates MFIs from conventional financial institutions. The achievement of socioeconomic efficiency is indispensable for MFIs to operate independently and on a wider scale. Thus investigation of socioeconomic efficiency of MFIs is important for monitoring and optimal policy implications

    Importance of Judicial Efficiency in Capital Structure Decisions of Small Firms: Evidence from Pakistan

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    Empirical evidence to identify factors that are responsible for the sluggish development of bond and capital markets in Pakistan remains scanty. This paper is a step forward in this direction. Specifically, this paper draws on the recent developments in the area of law and finance to formulate several propositions on how judicial efficiency can have a differential impact on corporate capital structures of small and large firms. These propositions are tested using data of 370 firms listed at the Karachi Stock Exchange (KSE) and 27 districts high courts of Pakistan. The results indicate that leverage ratio decreases, when judicial efficiency decreases; however, this relationship is not statistically significant. This is due to the composition effect. Allowing judicial efficiency to interact with the included explanatory variables, the results show that worsening judicial efficiency increases leverage ratios of large firms and decreases leverage ratios of small firms, which is an indication of the fact that creditors shift credit away from small firms to large firms in the presence of inefficient judicial system. Results also indicate that the effect of inefficient courts is greater on leverage ratios of firms that have fewer tangible assets as percentage of total assets than on leverage ratios of firms that have more tangible assets. The results indicate that under inefficient judicial system creditors reduce their lending to small firms and firms with little collateral and redistribute the credit to large firms. This is why judicial inefficiency does not change volume of credit, but changes distribution of the credit. These results highlight the importance of judicial efficiency for small firms in the determination of their capital structures. JEL Classification: G10, G21, G32 Keywords: Judicial Efficiency, Leverage, KSE, Capital Market Development, Law and Finance
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