impact of globalization on pakistan economy
TRANSCRIPT
Usman Dar 022Ahsan Jamshaid 012Saeed Afzal 047Umair Khan 035Umer Saif 011
Group Members
Click icon to add pictureImpact
of Globalization On
Pakistan's Economy
What Is globalization?
Multi-Dimensional WTO & ITO
growth rates of output, foreign trade, Investment and the effect of these increase on unemployment in Pakistan
labor market trends, income distribution and education
Introduction
Ahsan Jamshaid
Growth Rates of GNP.
The Gradual and Uneven Process of Foreign Trade And Investment Liberalization.
GROWTH IN OUTPUT, TRADE AND INVESTMENT
Growth Rates of GNP
Real Gross National Product (GNP) per capita is a useful aggregate measure of annual income per person, net of growth in population and prices.
An average Pakistani today commands purchasing power that is three and half times greater than in 1947.
Growth Rates of GNP
GROWTH IN OUTPUT, TRADE AND INVESTMENTGrowth Rates of GNP
The Gradual and Uneven Process of Foreign Tradeand Investment Liberalization
The decline in import duties as a revenue source can be seen from the fact that their contribution to total taxes has fallen from 50.4% in 1987-
88 to 15.9% in 2000-01.
The Gradual and Uneven Process of Foreign Trade
and Investment Liberalization
The Gradual and Uneven Process of Foreign Trade
and Investment Liberalization
Saeed Afzal
Growth Rate of Exports and Imports
Growth Rate of Exports and Imports
Umair Amanullah Khan
Real wage in manufacturing sector
Real wage in construction and agriculture.
Trends in Inter sectoral Wages in Pakistan
Real Wages in the Construction and
Agriculture Sectors
Umer Saif
Income Distribution and Poverty
Education
Education
Advantages &Disadvantages of Globalization
Increased free trade between nations Increased liquidity of capital allowing
investors in developed nations to invest in developing nations
Greater ease and speed of transportation for goods and people
Reduction of cultural barriers increases the global village effect
Greater interdependence of nation-states
Advantages of globalization
Increased flow of skilled and non-skilled jobs from developed to developing nations as corporations seek out the cheapest labor.
Greater risk of diseases being transported unintentionally between nations.
Increase in the chances of civil war within developing countries and open war between developing countries as they vie for resources.
Decreases in environmental integrity as polluting corporations take advantage of weak regulatory rules in developing countries
Disadvantages of Globalization
SUMMARY & CONCLUSION
Conclusion There is need for coordination & collaboration effort among south Asian countries to expand trade in the region. Pakistan need to diversify its export base & shift from primary agricultural to more value added and industrial products. Privatization will have to be place at the top of govt. agenda Pakistan should increase export not only to earn more foreign exchange but also to join the world community in globalization. Pakistan must attract foreign direct investment (FDI) by giving them various incentives.
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