Monday, July 6

Tag: corruption and debt

POLITICAL GAMES BEING PLAYED IN PAKISTAN
Study of Societies

POLITICAL GAMES BEING PLAYED IN PAKISTAN

Silence is a wonderful teacher; you can learn a lot when you listen to and contemplate on the sounds of silence.  I sometimes like to go out, away from urban areas, to natural surroundings, where I can listen to natural sounds and listen to the silence. It is a wonderful experience to connect with nature. I feel, if all the doctors prescribed their patients to regularly walk in countryside parks, this will have countless benefits for the mind and body and it will help reduce the increasing burden on the healthcare budgets. One day while I was enjoying my moments of silence in the park, I heard the sound of some feathers ruffling in the water nearby. When I went behind the trees to inquire, I saw Mithu having a bath in a small stream. Mithu is an old friend, a beautiful Indian Ringneck P...
THE INEVITABLE SELF-DESTRUCTION OF EMPIRES
Study of Societies

THE INEVITABLE SELF-DESTRUCTION OF EMPIRES

Strangely, it was the Roman citizens who breathed the biggest sigh of relief when the declining Roman Empire (27 BC – 1453 AD) finally collapsed. Perhaps this is true for most empires. The burden of an aging empire is painful for those unfortunates who have to endure it; they wish that it be gone quietly. When an empire is crumbling and they usually do so from within first, the ruling elite becomes more corrupt, demand more taxes from the poor and fresh blood for more wars. The famous historian Edward Gibbon in his book “History Of The Decline And Fall Of The Roman Empire” has identified four main reasons that contributed to the collapse of the Roman Empire. 1. The empire became too big and costly 2. The Roman elite were plundering the wealth 3. Roman barbarians were attacking and exp...
PERENNIAL PROSPERITY ELUDES PAKISTAN
Study of Societies

PERENNIAL PROSPERITY ELUDES PAKISTAN

The most powerful and enduring ideas also happen to be the oldest. Ideas like justice, unity and genuine democracy, ideas which have stood the test of time. The secret of a civilisation's success as well as their rise and fall are interlinked with these very same values. This is confirmed in the Islamic holy book Quran and Allah says: "Indeed, Allah will not change the condition of a people until they change what is in themselves" (chapter 13, verse 11). That statement, however, did not come true for Pakistan. Pakistan’s economy improved significantly between the years 2000 and 2007 and Pakistan managed to reduce its external liabilities and debt by half; from 52% of GDP to 26% of GDP. Image source: Pakistan Finance Ministry Unfortunately, this success was only temporary, as the current...