Posted on June 10, 2008 by Qurratulain Akhtar
The thing that pinches me more is to re think again and again, if innovations and development bring us comfort or further problems, and every time I think about this, I remain at the point from where I started. It’s mainly because, innovations and development have equal proportion of positive and negative aspects.
Starting from very common observation, i.e. changing life styles, we see tons of new things. For instance, a site I happen to find through links flood was about innovations in baby gifts. Similarly, from cattle transport to fastest cars, and from simple food to a variety, everything has been changed.
Once, while discussing with an industry expert, I’d come to know that it’s all about creating demand, and so economies grow. On the other hand the evolutions part of Science says, that declining age span, bad health and blah blah is the side effect of this development. But, I think it’s not side effect, it’s half of the effect.
Yes, I remember, a term, “Sustainable Economic Development” was a measure to keep a balance here, but I don’t see any such round!
Filed under: Economic Issues, World Economy | Tagged: development, economic development, economy, growth, innovation | 1 Comment »
Posted on May 17, 2008 by Qurratulain Akhtar
The growing technologies are definitely making the world a global village. But at the same time there are areas still as backward as they’ve been some hundred years. Not going too far, but here within our IT sector: we develop latest software to meet the growing demand of the highly industrialized states, but at the same time a huge number of our people don’t have access over basic technical education. While having a discussion with one of an IT specialist we’ve come up with some innovations within technology, whereby industries are going on web and reaching the targeted customers. For instance, let’s take the Semantic Web technology, i.e. I’m looking for Texas apartments, and had an email conversation with a friend regarding this, and that conversation shows me some related search results within it. You might have noticed it using your gmail ids. Well, this is the one end of technology we’re getting benefited from, but the other end along with some other non technical parameters is not letting a common man have his basic needs fulfilled. Or in other way, these are the facilities we’re availing, but the speed with which economies are getting worse for a common man, I don’t see the maximum utilization of all the structural development (claimed) we’re doing. Not a pessimistic thought, but the negativity lies somewhere.
Filed under: Economic Issues, Technology | 2 Comments »
Posted on April 22, 2008 by Qurratulain Akhtar
I don’t know much about the situation in small cities, but having experience of big cities; the common problem of almost all of them that I found is the traffic jam. In fact I feel that we still are living in the ages where there were no automotive, i.e. at that time it would have taken almost two hours from Airport to F10 when there were no automotive, and today it takes same time due to traffic jam (while it’s hardly 20 to 25 minutes drive). Well, the type of vehicles much seen on roads are not anything other than cars, out of which 95% have a single person inside them.
Well, that’s the situation having its roots affecting the economy, i.e. extensive usage of fuel creating shortage of it and hence the prices are increasing. On the other hand almost all 90% of these cars are gotten through car financing by banks, and all are insured as well. I don’t know why banks don’t start bus financing or something like public transport financing in coordination with public transport departments in big cities that should benefit a large number of people.
Anyways, that’s a long long debate that can of course bring a change in status quo, but it would probably not in near future. I was just going through an online auto insurance comparison web page found through a search from that I recalled my memories of the situation on roads that I happen to observe twice a day everyday, and I wish to put them all in words that I can’t do due to other pending tasks, so thanks to auto insurance web page that made me to write this.
Filed under: Economic Issues, General, Pakistan | Tagged: automotive, traffic jam | Leave a comment »
Posted on February 23, 2008 by Qurratulain Akhtar
Many of the people do criticize the commercialization of banking services, i.e. especially the consumer financing holding that they’ve led the people to spend more and more on useless things, but if we see from increasing consumption leading to increased production and GDP point of view, the economies have really grown. Though the macro economy has got most of this growth, but the ease and comfort at users’ end, i.e. from credit card debt relief to car financing and house financing it’s served the people on micro level.
It’s no doubt an endless debate, but the growing economies of the world have outshown the concept of supply according to the consumers’ demand. In this contest, Pakistani economy has also seen the outgrown macro economy in the past few years, and this growth has served the people to a specific extent as well. Yes, there lies a negative aspect, as nothing in the world is 100% complete so is the case with this growth and development. This negative aspect is the uncontrolled poverty and inflation.
Well, these are the challenges for the forthcoming rulership on one hand and for the economy experts on other. Let’s see how can we improve or at least can do just a cut above.
Filed under: Economic Issues, Finance, Pakistan, Pakistan Economy | 3 Comments »
Posted on January 12, 2008 by Qurratulain Akhtar
Lately I wrote how much addicted I’m to the internet. I myself was shocked to see that on my blog I’ve written almost about every niche I know a little about. Well, today it’s something that I never wrote before, and it’s construction and related stuff I’ll discuss. Why I wanted to have my say on the issue was just a thought of comparison of collapsed bridge in Karachi (few months back) and the skyscrapers of the west. Well, by thinking about that accident, just a thought of career development of the whole sector came in my mind.
Initially, I came up with the point to have some career development opportunities for operational employees only so that they can have better opportunities. I might have insisted on my say, but the logical explanations in the link above took me to a deep analysis. It stated that training matters for each and every level. And yes, it does! That’s one of the possible reasons for the outgrown development of Construction industry in west.
Providing information for people associated with the construction industry about certification, latest health and safety legislation and career development like Cskills.org does can really help increasing the standards of industry. I’m not sure about the exact stats of improvement, but a clear difference will be there.
Filed under: Business, Economic Issues, Education, Management | Leave a comment »
Posted on November 27, 2007 by Qurratulain Akhtar
Career Planning Management (With specific reference to Pakistan) is the main theme of my thesis at M.Phil that I’ve stopped due to some personal and professional concerns. I’m in fact done with a major part of my research and the point I’m stuck at is the dimensions of careerer oriented education. The ultimate aim of career education that almost every normal being thinks about is to have an upgraded standard of living via particular profession. I really couldn’t figure out a strategic line, and was about to leave this issue when found a site http://www.gibbsmelville.edu/ here.
The institute offers career oriented approach for professional academics concerns. That’s what made me to ponder more, whether we’ve ever talked about this approach in our higher education system. Or if we did so, what was the rate of success. I believe this practice does exists in private sector here to some extent, but public sector in higher education has not ever planned career oriented education or in case if did so, that was not strategic. For instance I’ve not come across any policy till yet that has been designed in collaboration with the industrial sector, i.e. what industry needs and how to provide them such within local market, and the ultimate result is that industries find foreign qualified individuals as best choice for them.
That’s a musing within my capacity, but just curios to know where we are and where we should be!
Filed under: Economic Issues, Education | 2 Comments »
Posted on November 8, 2007 by Qurratulain Akhtar
Development of a nation does depend on the efforts of its people but the part of efforts by leaders weighs more. Was just exploring the history of Norway and found that the country is not that old, but the development shows quite good signs. If you ever happen to visit Oslo or any other part of the country or just read about it from authentic sources like CIA world fact book and the Economist etc, you’ll feel the difference. It just started developing after Second World War.
Later when I tried relating such development with ours, I really couldn’t understand what exactly we’re lacking. We have resources, both natural and human, and financial resources have also not been a matter as we’d got enough amounts from World Bank and IMF. So what exactly was the reason that we’ve not developed like European or some other countries? Certainly it was leadership! Is it something else?
Don’t know why, but I’m of the opinion that ‘Goo Leaders Make a Good Nation’, and we lacked such, so just don’t want to give another chance to same old faces.
Filed under: Economic Issues, Pakistan, Pakistan Economy, Politics, World Affairs | 2 Comments »