Friday, April 17, 2009

Article Reviews by Raheel Awan

Trade Policy 2008-2009.
Posted July 28, 2008 on sdpi.org

This is yet another example of the world becoming interconnected into a “Global Village,” a term that has become a cliché. The two countries, India and Pakistan have put aside roundabout 70% of their differences by implementing policies most commonly trade policies that would prove useful or mutually beneficial. The articles main points reiterated were: a limited timeframe, inefficiency, lack of skills and lack of resources were inferred from the last six to seven years that show that 60 to 70% of major policy decisions were unimplemented. They were unimplemented because of the remaining bad blood of the Kashmir issue, the partition, which led to over a million deaths and the previous wars between the two countries. These kinds of matters take hundreds of years of years to subside; point noted that globalization is in boom and technological advancements are at an all time high.

Moving on, Dr. Abid Sulehri of SDPI stated that subsidies should be given out tot the textile sector’s Research and Development and a synergy for agricultural trade and monetary policies should be focused on. This is a good concern as to change for the better, synergy or the coming together of tow or even a hundred people can be better for the quality of life and R&D and agriculture and monetary policy hundred’s of percentage points over!
Lastly, “an effective implementation monetary mechanism and an active participation by other ministries and business support institutions” should be well implemented because this is the process of unity which leads to synergy. Ministries and business support institutes should recognize this because it can also be a potential for further growth of their relative institutions all the while providing people with jobs that have more of a “net” of support!

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