19,699 research outputs found

    Colonialism and Industrialization: Empirical Results

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    This paper presents theory and evidence to show that imperialism was a major factor impeding the spread of the industrial revolution during the century ending in the 1950s. Two empirical results stand out. First, analysis of historical evidence shows that most sovereign countries were implementing active industrial policies during the nineteenth century, while policies in dependent countries were biased in the opposite direction. Second, when allowance is made for economic determinants, industrialization in dependent countries in 1960 is found to be significantly lower than in sovereign countries. This result is shown to be quite robust to changes in data, sample size, functional forms, and specifications of the estimating equations. In particular, the basic results are not affected by the inclusion of a dummy for Sub-Saharan Africa

    Post-divorce maintenance for Muslim women in Pakistan and Bangladesh: A comparative perspective

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    This article is available open access through the publisher’s website. Copyright @ The Author 2013.Islamic family law, more often referred to as Muslim personal law in the South Asian context, is influenced by formal and informal plural normative orders, as secular, religious, customary, and patriarchal norms (Menski, 1998; Ali, 2002; Mehdi, 2005; Shah, 2005).The presence of such plural normative orders has given rise to tensions and conflict between these norms, including various publicly stated commitments and goals of the states to promote gender equality. Islamic family law has thus become a highly contested and politicized issue making change in this area of law difficult. Post-divorce maintenance (Mata’a) for women is one such area where classical interpretation of Islamic law, restricting such maintenance to the Iddat only, continues to apply. Engaging with plural sources of the Islamic legal tradition, this article discusses the potential of employing these to make the case for awarding post-divorce maintenance to Muslim women

    Dear Shahid,

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    SMEDA SME Policy paper 2007- A Critical Review (An analytical commentary upon SME policy proposed by SMEDA Pakistan)

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    SMEs and sound financing of SMEs are latest trends in Pakistani educational and banking scenario. Although, the concept got importance during Bhutto regime of 70s, but never gained much strength especially to financial sector, until SMEDA and SME bank had not emerged during last decade. Pakistan, as we know it today, is a developing country with a GDP per capita ranking, recently shifted from Low income countries to Middle income countries, contains a lot to SMEs. Furthermore, SMEs existing in Pakistan are contributing a 30% of national GDP, 25% in export earnings, & employing about 78% of non-agricultural labor force. So, it is right time to develop and implement a sound, comprehensive, and coherent policy for all SMEs working in the country. While also right time for government, to develop a practical solution to problems and difficulties of this important, but neglected sector of the past. I want to tell you when I started analyzing this policy; I worked on following main lines, to have a critical analysis for this policy paper of SMEDA, given below: 1. I made a basic research, & studied some basic theories about global emergence/background of SMEs. 2. Then, I moved to discuss the basic introduction of SMEDA policy, my analysis of Pakistani SME sector and need for this policy, in form of quick review. 3. Then I made a critical analysis of policy objectives/scope/ principles, recommendations, implementation, & monitoring mechanisms. 4. Finally, I made a final conclusion of all above mentioned working of mine with some additional informative links, as well for my report's reader. Conclusion: After analyzing this policy paper, I think that this policy paper is not sufficient towards very complex needs and changing requirements of Pakistani SMEs, especially in its implementation part. Recently, in Pakistan we heard that hundreds of businesses have been closed due to shortage of Electricity, water, Sui gas (natural gas), or due to law and order situation (like assassination of Ex-Prime Minister of Pakistan Benazir Bhutto in Rawalpindi). It is also heard that every day million of assets are being transferred to Gulf countries by existing business community, in such a scenario no SME can prevail and grow with reasonable level of certainty. Moreover, economically, this policy is viable but not focused for some excellence sectors in future, like a widely acclaimed adopted one village, one product model for microfinance and SMEs, this policy shall be focused on some specific businesses and product lines, instead of forming a mass of unplanned and less cost-effective SMEs, in today world of globalization and specialization.

    The Ultimatum Game and Gender Effect: Experimental Evidence from Pakistan

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    Laboratory experimentation was once considered impossible or irrelevant in economics. Recently, however, economic science has gone through a real ‘laboratory revolution’, and experimental economics is now a most lively subfield of the discipline. This study attempts to examine answers to questions of the changing behaviour of opposite sexes under conditions of both anonymity and knowledge of gender by playing the ultimatum game in Pakistan. It is observed that the behaviour of males and females in Pakistani society is quite different from that found in earlier studies. Insights from the previous experiments have already shown that normative economic theory had failed in its predictions of human behaviour. Currently, the ultimatum game is widely discussed in behavioural economic literature, and this paper will adjust the traditional ultimatum game into a new form wherein it will be tested in the country (Pakistan) with multidimensional behaviour of subjects. With regard to gender effect specifically, all previous studies came up with somewhat mixed results, since results do not always point in the same direction and it is rather early to draw far-reaching conclusions regarding the behavioural differences of men and women. More facts are required in order to move towards the development of a systematic theory. This work is a small attempt to investigate the changing behaviour of opposite sexes under different controlled conditions.Ultimatum Game, Human Sex Difference, Social Behaviour
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