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Global Village Space Over the last few decades, a successful economic development model for developing countries has hinged on promoting exports by leveraging their unique competitive advantage. After Japan’s economic miracle, China, Vietnam and now Bangladesh have made impressive strides in...

Global Village Space Textile exports have served as the mainstay of the economy, comprising the majority of Pakistan’s total exports and generating a substantial amount of revenue in taxes and foreign exchange support for the Balance of Payments. The Temporary Economic Refinance Facility...

Global Village Space The textile industry is an ever-growing market worldwide; likewise, it is considered one of the most vital sectors for Pakistan’s economic growth. It is a significant contributor to its industrial exports. Over the years, this sector has seen cyclical results due to...

Global Village Space In May 2018, almost two months before the July elections and more than three years ago, PTI had revealed a comprehensive agenda for its first 100 days in office. These plans promised to usher in policies that will help businesses add 10 million jobs in five years...

Global Village Space Recently released export data for the first ten months of fiscal year 21 reveal the highest merchandise export values in history. The recovery is most remarkable given the disruptions to world trade that emerged due to the global COVID19 pandemic and were recently further...

Global Village Space Foreign Direct Investment (FDI) is one of the key drivers of economic growth in developing economies as it brings much-required financial and knowledge capital to these upcoming markets. Pakistan receives one of the FDI among emerging markets and developing economies...

Global Village Space Indians and Pakistanis love competition, especially against each other. They both love comparing their success against the other. Even though Pakistan has a lesser population, area, and resources, it has often trumped India, whether it be Cricket, Hockey, Aerial dogfights...

Global Village Space A key focus of the Fifth Plenary Session of the 19th Communist Party of China (CPC) Central Committee, held in Beijing from October 26 to 29, was the blueprint of the 14th Five-Year Plan (2021-25), which will be an essential guide for Chinese development for years to come...

Global Village Space Mr. Xi Jinping, President of China, has set the modernization of the national governance system and governance capacity as one of the key goals of deepening reform in the Chinese system. It includes deepening the reform of the leadership training system through its...

Global Village Space Founded on 1st July 1921, in Shanghai, the Communist Party of China (CPC) celebrates its 100th anniversary with pride and full of success stories. It is one of the oldest and the largest political parties, with its membership reached up to 92 million approximately. CPC...

Global Village Space Corridors play a vital role in enabling developing economies to achieve economic stabilization and welfare-related objectives. Undeniably, facilitative infrastructure that improves communication and physical mobility is a cornerstone of local and regional integration and...

Global Village Space The United States, the world’s leading economy, with trillions of dollars flowing into the international system annually through the American economic machine, has for the past twenty years seen Afghanistan as a hazard. In particular, the neo-conservative American elite...

Global Village Space Just five years ago, who could imagine that the sole superpower of the day would quit and leave in a hurry, a land it captured at a Trillion Dollar-cost along with so much blood spilled? Conversely, keeping the history of Afghanistan in mind and the occupier’s record...

Global Village Space Ground realities are taking hold and rhetoric, emotions, and invalid assumptions are taking a backstage. Soon perhaps, the many fears and the misperceptions would also become mere fantasies as the situation on the ground undergoes an unprecedented change. It is not...

Global Village Space It is looking likely that after the USA leaves, a good deal of political uncertainty is about to hit Afghanistan - what should Pakistan be doing under this scenario? PM Imran Khan has flatly refused to allow the US base in Pakistan but should he have been more flexible as...

Global Village Space GVS: General Aamer, can you give us a brief overview of how the Heavy Industries Taxila was conceived in 1971? What were the circumstances? And why not before 1971? Major General Aamer: First of all, if you recollect the post-independence situation, the equipment with...

Global Village Space The struggle for Pakistan inflicted severe economic and human devastation, which made survival for the fledgling country a daunting challenge. For Quaid-e-Azam Muhammad Ali Jinnah, however, the biggest asset was freedom and he believed that with unity, faith, and...

Global Village Space Under Article 218 of the Constitution of the Islamic Republic of Pakistan, the Election Commission of Pakistan (ECP) is charged with organizing and conducting elections and making such arrangements necessary to ensure that the elections are conducted honestly, justly, and...

Global Village Space | Cabinet Committee on Energy (CCOE) is expected, on Monday, to resolve a deadlock between different ministries and divisions on the issue of Engro Elengy Terminal Private Limited (EETPL) replacing its current LNG Floating Storage Regasification Unit (FSRU) with a new one...

Global Village Space | “An ironclad friendship growing stronger in the new era” On May 21, 1951, the People’s Republic of China and the Islamic Republic of Pakistan entered into formal diplomatic relations. In the seven decades ever since, the two countries have stood together, rain or shine...