...CPEC- STRATEGIC ADVANTAGES FOR PAKISTAN AND CHINA INTRODUCTION 1. Economic corridors have appeared as a significant tool of local cooperation and development in a globalized world. The name ‘Corridor’ suggests a passage that connects the two separate countries or regions. ADB defines ‘Economic Corridor’ as “they join economic lumps along a distinct landscape”. The impression is to increase economic expansion by connecting backward regions with more developed industrial hubs and to expand access to markets through the merger of trans-border production networks. 2. During the visit of Chinese Prime Minister to Pakistan from 22 to 23 May 2013, China proposed a ‘China-Pakistan Economic Corridor’ (CPEC or C-PEC) to connect Kashgar in China’s Xinjiang...
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...Mutual Engagement The Baldrige Performance Excellence Program offers organizational assessment tools for several industries including private businesses, government agencies, health care conglomerates, and non-profit institutions (Pence & Milrany, 2013). Annually, the President of the United States awards the Malcolm Baldrige National Quality Award (MBNQA) to recognize establishments for their quality performance (DeJong, 2009). The United States Coast Guard (USCG) slightly modified the award criteria to meet the needs of the service and make it easily translatable to the men and women referencing the standards, but the foundation remains the same. The Commandant’s Performance Excellence Criteria (CPEC) is a systematic approach to improving...
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...On August 11 and 12, a forum on the China-Pakistan Economic Corridor (CPEC) convened in Xinjiang, in northwestern China. According to Xinhua, the event was attended by “[m]ore than 300 officials and delegates from companies, think tanks and social organizations” from both China and Pakistan. Under the CPEC, China and Pakistan plan to build infrastructure to connect Gwadar Port in Pakistan with Kashgar in Xinjiang. The project has become a “flagship project” of China’s Silk Road Economic Belt, although it was proposed in May 2013, a few months earlier than the broader economic belt. As a sign of its important place in the overall strategy, the CPEC was the first project to receive an investment from China’s $40 billion Silk Road Fund, providing partial financing for the $1.65 billion Karot hydropower project in Pakistan. Pakistani President Mamnoon Hussain predicted that the CPEC will be “a monument of the century” during his February 2014 visit to China. The forum in Xinjiang this week ended with the issuing of the “Karamay Manifesto” on the CPEC, which “praised the significance of the Belt and Road Initiative and 21st Century Maritime Silk Road initiative for the political trust, economic cooperation and cultural exchanges of the countries along the road,” according to Xinhua. China and Pakistan also signed 20 cooperation agreements, worth $1.6 billion, at the forum. Chinese media did not provide details on the contents of the agreements, although Xinhua mentioned general...
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...be able to turn the existing trade deficit in its favour. Through improvement in communications, Pakistan can thus effectively integrate its domestic market as well as explore landlocked neighbouring markets through exports. Completion of CPEC is likely to improve Pakistan’s economic, commercial, and geostrategic environment. As the proposed Chinese investment more than doubles all foreign direct investment in Pakistan since 2008, it will attract international investors in Pakistan. This will help to improve the perceived external image of the country, an image that is not always in line with current situations and tends to be more negative than merited by actual conditions and one that causes a psychological obstacle to the flows of foreign...
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...Khan 1 Muhammad Adil khan Argumentative essay March 13, 2016 The feasibility of new provinces in Pakistan? Since the inception of Pakistan August 14, 1947 Pakistan has been facing the dilemma of provincialism. Though Pakistan was achieved on distinct ideology of Islam but it did not truly keep on its unique identity and the separation of East Pakistan in 1971 was a severe blow. This differentiation led to the call of provincialism which is still a debate on many forums. The idea of creating new province is an old one. For years different ethnic group have been seeking the creation of their own provinces and for years these voices have been ignored democratically, politically ormilitarily. First of all it is the constitution which is a big hurdle in the creation of new province. Article 239(4) of the constitution says “A bill to amend the constitution which would have the effect of altering the limits of a province shall not be presented to the president for assent unless it has been passed by the provincial assembly of that province by the votes of not less than two thirds of its total membership”. (Butt, 2012).It is a clear indication that the constitution is not in favor of new provinces. A two third majority of a province would never accept to limit their boundaries for the sake of a new province to be created. But why have there been cries for new province since inception of Pakistan? From the very start Pakistan was deprived of its true Khan 2 leadership,...
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...Pakistan-China Trade and Economic Corridor Economic Analysis Submitted to: Dr. Mehmood Karim Qureshi Business Economics for Mathematics MBA – 2 years (Evening) Submitted by: Asad Akram Roll No. 14I – 1216 Introduction: Pakistan and Chinese governments are planning to execute a trade and economic corridor through the length of Pakistan, from Gwadar in Baluchistan to Kashgar in Xingjiang. It will be a land based transport route alternate to the conventional sea route spanning Persian Gulf to China’s coastal regions. This corridor development can prove vital to bringing Pakistan’s economy back on its feet and also helping China in increasing trade with Middle East and African Countries. More than half of the world's proven oil reserves are located in the Middle East, the top region-based supplier of crude oil to China. In 2012, China imported 5.4 million bbl/d or 56% of its daily consumption in crude oil, of which 48.1% originated from the Persian Gulf. Up till now, all of this volume has been moved by seaborne oil tankers hauling over some 10,000 nautical miles to terminals along the east and southeast coast of China. Each journey is beset with one of the world's most perilous chokepoints - the Strait of Malacca. This leaves Beijing with tough choices in guaranteeing security in energy supply, practically because nearly 60% of annual oil consumption of this emerging economic powerhouse has to be imported and is still growing. Moreover, superior naval advantage...
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...Impact of afghan war on Pakistan economy “Although history has been very unkind to Pakistan but its geo-strategic position has been a great asset to garner benefits from world great powers” (Stephen p. Kohen) • Introduction The conflict and instability in Afghanistan is the aftermath of 9/11 attacks and their regional implications had very negative repercussions, for the years following the US invasion of Afghanistan not only saw a huge influx of Afghan refugees across the border into Pakistan but also witnessed a sudden spike in the frequency and scale of terrorist attacks in Pakistan. The cumulative impact of these developments adversely impacted the overall growth rate in all major sectors of the economy. Pakistan continues to pay a heavy price both in the economic and security terms due to this situation and a substantial portion of precious national resources both men and material, have been diverted to address the emerging security challenges for the last several years. The rise of violent extremism and increase in terrorism in Pakistan due to instability in Afghanistan not only caused serious damage to Pakistan’s economy but has also been responsible for widespread human suffering due to indiscriminate attacks against the civilian population. This situation disrupted Pakistan’s normal economic and trading activities which not only resulted in higher costs of business but also created disruptions in the production cycles, resulting in significant delays in meeting the...
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...Regional Morning Pack DBS Group Research . Equity 01 October 2009 Spotlight On (SP) Hiap Seng: Undervalued oil and gas play (Initiate Coverage) BUY; S$0.69; HSE SP; Price Target: 12-Month S$0.90 • • • • Huge 40-60% discount to peers is unwarranted. Expect high dividends of 4.0-4.5 Scents per share. Margins improvement to support earnings growth. Initiate coverage with a BUY rating. 30% upside to our target price of S$0.90. Ideas & Updates REGIONAL US Fed: Two collision courses SINGAPORE Banking: Positive uptick in loans Hiap Seng (Initiate Coverage) – See Spotlight MALAYSIA Tanjong PLC: Attractive yield play BUY; RM15.00; TJN MK; Price Target: 12-month RM19.25 HONG KONG PUBLIC HOLIDAY THAILAND Charoen Pokphand Foods – See Spotlight (TB) Charoen Pokphand Foods: Earnings surge, costs remain low BUY; Bt7.95; CPF TB; Price Target: 12-Month Bt9.60 (Prev Bt7.50) • • • 3Q09F will beat record high 2Q09 earnings Promising outlook with firm product prices, low raw material costs, and improving margins Raised earnings, and TP to Bt9.60. Undemanding valuation, 21% upside, maintain BUY. Singapore Research Team – 6533 9688 research@dbsvickers.com www.dbsvickers.com “In Singapore, this research report or research analyses may only be distributed to Institutional Investors, Expert Investors or Accredited Investors as defined in the Securities and Futures Act, Chapter 289 of Singapore.” “Recipients of this report, received from DBS Vickers Research (Singapore) Pte Ltd (“DBSVR”)...
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...PERCEPTIONS OF RURAL COMMUNITY COLLEGE STUDENTS OF THE TRANSFER PROCESS TO A FOUR-YEAR INSTITUTION: AN EXPLORATORY STUDY by ELIZABETH E. SACKSTEDER LACLAIR A DISSERTATION Submitted in partial fulfillment of the requirements for the degree of Doctor of Philosophy in the College of Education in the Graduate School of The University of Alabama TUSCALOOSA, ALABAMA 2010 Copyright Elizabeth E. Sacksteder LaClair 2010 ALL RIGHTS RESERVED ABSTRACT Utilizing the current literature base on rural community colleges, transfer student adjustment, academic advising and articulation issues, the purpose of this research study was to ascertain the adjustment issues and experiences of rural community college students who have the intent to transfer to a four-year baccalaureate degree granting institution. The perceptions these rural community college students have regarding the transfer process are the focus of the study. Students from ten rural community colleges, who participated in the Alabama College Transfer Advising Corps, a project of The University of Alabama and funded by the Jack Kent Cooke Foundation were used in the study. The survey instrument used in this study is a variation of Laanan Transfer Student Questionnaire (L-TSQ). Survey questions were reframed such that those regarding university experiences and the students’ potential transfer to a four-year college/university were treated as reflections on the meditational transition, or transition that has not...
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...Page No. 2 Index Swachh Bharat Mission FEB & MARCH, 2015 AUGUST, 2012 Page No. 4 Insurance Sector In India Page No. 5 Bharat Ratna Award Designed by: Chandan Kumar “Raja” For Advertisement Contact at : 9958790414 Join us at Facebook: https://www.facebook.com/iasexamportal Follow us at Twitter: https://twitter.com/iasexamportal CURRENT AFFAIRS National Issues International Issues India & the World Economy Science and Technology Sports Awards & Prizes In The News 6 14 20 23 39 51 58 64 Disclaimer: Editor and Publisher are not responsible for any view, data, figure etc. expressed in the articles by the author(s). Maps are notational . All Disputes are subject to the exclusive jurisdiction of competent courts and fourms in Delhi/New Delhi only. Selected Articles from Various Newspapers & Journals Page No. 67 91 Cyberspace Page No. 93 Regional Rural Banks The Mauryan Empire Model Paper G.S. Paper I 94 117 Join Online Coaching For IAS Pre & Mains Exams http://iasexamportal.com/civilservices/courses Project Mausam and Maritime Silk Route SWACHH BHARAT MISSION Throughout the world around 2.5 billion people do not have toilets to use, out of those 250 crore people 65 crore live in India alone. In order to solve this big challenge government of India has launched “Swachh Bharat Mission” on the birth anniversary of Mahatma Gandhi and former Prime Minister Lal Bahadur Shastri...
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