Stories about world bank

You know your state is failing if the poor pay taxes and the rich don’t

Skimming through the newspaper a few days ago, I read a front page news piece which shocked me. The piece stated that the elites are not paying taxes and that our tax system favours the rich. The shock was not at the findings of the Tax Reforms Commission (TRC) rather it was at the fact that it took the TRC a year and a half, and millions of rupees in research, to report something everyone knew from the beginning. When we already live in a system which promotes elitism and rewards it, why are we so surprised at the economic endorsements of this ...

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Why is Pakistan’s affluent class so ashamed of getting extra food packed at a restaurant?

“You are embarrassing me!” Said the husband, upset over the fact that his wife asked the restaurant staff to pack the left overs which included one kabab, three-fourths of a naan and a bit of chicken karhai. “But it will be wasted,” She smiled and even carried the large mineral water bottle that was almost untouched with resolve. It was a delightful dinner my family and I were invited to and this conversation between our host couple was all too familiar. There is the “what will people think” attitude associated with carrying home leftovers and in doing so we forget that edible, clean ...

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With US sanctions lifted, can Iran become the next economic superpower in the Middle East?

The 61 years of diplomatic relations between Iran and the United States have almost always been problematic. Iran’s mistrust dates back to the joint US-British intelligence design of 1953, aimed at overthrowing Prime Minister Mohammad Mossadeq, whose goal to liberate Iran’s oil industry from British colonial rule delivered a death blow to Western economic interests. The Iranian Revolution of 1979 spurred nearly a decade of hostile anti-American sentiment, and since 1995, the United States has placed various sanctions to restrict Iran from practicing economic, scientific and military trade with major global powers. Since 2006, the United States and Israel have ...

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What happens when NGOs are not free from political influence?

We satiate the hungry, we heal the dying, and we are the ones who shield the weak. It plagues us and it plagues us deep. The deleterious complacence that we work hard to sustain them, we sweat and bleed – the blue elixir – those earthlings in the poorer half of the world live on. We – the development enthusiasts – are a bunch of cocksure men who presume that their exalted profession accepts them from all kinds of answerability. The sensitivity of our profession though, is such that we infect when we err and kill when we blunder. Disturbed by ...

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Can China and India ever be friends?

A comparison between India and China is inevitable – both the countries are on the cusp of becoming the world’s leading economies. Two recent events have boosted India’s image in the eyes of the world: Firstly, President Barrack Obama’s visit – he is the first US president to have attended India’s Republic Day parade as a guest of honour. And, secondly, the recent economic forecasts by the International Monetary Fund (IMF) and the World Bank which state that India’s pace of growth is set to outstrip that of China in 2016. In a major breakthrough, India and the US have reached a broad ...

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Making sense of terror attacks anthropologically

On the evening of November 13, 2015, Paris suffered the worst terrorist attack in modern European history, killing over 120 people. The scale and sheer barbarity of the attacks is unprecedented. The French society is in trauma. The world is in shock. Paris, still reeling from the aftermath of the deadly Charlie Hebdo attack earlier this year, will no longer be the same city. From holding vigils to changing Facebook display pictures in French flag colours, the attacks have prompted an exceptional display of solidarity with the victims by the global community. The western leaders have been quick in showing support for Paris, calling it ...

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Digital Youth Summit 2015: Helping Peshawar become more tech-savvy

Peshawar, the capital of Khyber-Pakhtunkhwa (K-P), is gearing up to host the region’s largest gathering of techies, entrepreneurs and designers – the Digital Youth Summit 2015 (DYS). First organised in 2014, it is a joint venture of Peshawar 2.0, World Bank and the Khyber Pakhtunkhwa IT Board. Popularly known for its hospitality, Peshawar is one of the oldest existing cities in Asia. This tells the story of its resilience, and its ability to survive and stand tall even in the most testing of times. However, this is an age where the most likely cities to survive and remain on the global map would ...

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Pakistan’s unstable, schizophrenic relation with Afghanistan

Pakistan and Afghanistan enjoy a ‘brotherly’ relationship that is nothing less than a theatre of the absurd. It has had its highs and lows and has had moments when people have scratched their heads and wondered about the emotionally unstable, schizophrenic handling of bilateral affairs by their erratic and volatile leaderships. With an extremely porous, almost non-existent border featuring a treacherous terrain of hills and rugged mountains standing between the two countries, the people of both lands have endured hard times since decades now. As if the Soviet invasion of Afghanistan in the late 70s was not enough with a massive influx of refugees spilling into Pakistan throughout the 80s, ...

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Aao Parhao – Let’s work towards facilitating our teachers

Education is one of the fundamental foundations for a nation to move forward. For this, various models are being introduced and implemented as the most effective and efficient education systems. However, whichever education equation is opted for, it is worth noting that it cannot be initiated without the most crucial building block – teachers. Chancellor of the New York City Department of Education and author, Joel Klein, observes, “A great teacher can rescue a child from a life of struggle.” This statement could not be any truer. A high-performing, well-trained, and committed teacher can not only enhance a child’s learning abilities but can ...

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Dear Pakistan, let America and Saudi Arabia fight over oil prices because it works in your favour!

Oil prices are way down these days. Crude oil prices have fallen by more than $50 per barrel in international markets in the last six months. From $115 in the middle of June, 2014, the price of a barrel of crude oil has fallen to $65, as of the second week of December. On November 27, 2014, the prices took a definitive downward turn when Saudi Arabia – the largest and strongest member of the Organisation of Petroleum Exporting Countries (OPEC) – refused to mitigate production. And since none of the other OPEC nations are cutting back, there isn’t a way to eliminate the current ...

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