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Why Pakistan's Economy is Under Developing

 
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Why Pakistan's Economy is Under Developing
CFANerd
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Posts: 78
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#7
03-08-2009, 02:01 PM
We have everything and still have nothing. RULE OF LAW is the biggest problem. TAX EVASION and LACK OF TRANSPARENCY is second.
Without law, there is no security, without security, there is no confidence, without confidence, there is no initiative, without initiative there is no progress. It can lead to numerous other factors e.g. low foreign investment and flight of capital as someone mentioned above.
Secondly, tax evasion can result in uneven distribution of wealth, no public projects, no strong infrastructure, no money to support public eduction and result is a illiterate population.
Corruption can be a by product of no rule of law. Study Mr. Zardari's personality if not sure.
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Messages In This Thread
Why Pakistan's Economy is Under Developing - by awaisaftab - 02-21-2009, 06:27 PM
[No subject] - by Pracs - 02-21-2009, 08:28 PM
[No subject] - by awaisaftab - 02-21-2009, 08:57 PM
[No subject] - by awaisaftab - 02-21-2009, 09:04 PM
[No subject] - by Toronto_Boy - 02-22-2009, 04:58 PM
[No subject] - by awaisaftab - 02-23-2009, 02:05 PM
[No subject] - by CFANerd - 03-08-2009, 02:01 PM
[No subject] - by Muhammad Saeed Ch - 11-26-2009, 01:36 PM
[No subject] - by awaisaftab - 11-26-2009, 03:37 PM
[No subject] - by Toronto_Boy - 11-27-2009, 12:46 AM
[No subject] - by karimwagan - 12-17-2009, 11:28 PM
[No subject] - by Toronto_Boy - 12-18-2009, 01:06 AM
[No subject] - by Tango - 06-14-2010, 04:56 PM

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