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نعت

نعت

تجمل حسین تجمل قادری

وادیءِ سرورِ ﷺلَولاک میں گُم ہو جاؤں
مَیں مدینے کی حسِیں خاک میں گُم ہو جاؤں
کاش سرکار ﷺکے نعلَین کا ذرّہ ہوکر
مُسکراتے ہوئے اَفلاک میں گُم ہو جاؤں
اے خدا اِتنا بڑھا دے تُو مِرا رزقِ سُخَن
راحتِ قَلب کی خوراک میں گُم ہو جاؤں
حرف مِدحَت کے اُترتے ہیں مِرے سِینے میں
جب کبھی دیدہءِ نَمناک میں گُم ہو جاؤں
آج ہوجائے عطا مقطعِ انوار کوئی
آج پھر مطلعِ اِدراک میں گُم ہو جاؤں
اِس قدر تُونے تراشے ہیں خدوخالِ حیات
دِل یہ کرتا ہے تِرے چاک میں گُم ہو جاؤں
جب تلک وَصل کی راحت نہ میسّر آئے
کیوں نہ پھر ہِجر کی پوشاک میں گُم ہو جاؤں
اَب تو بَس ایک ہی خواہش ہے تجّمُل میری
مدحتِ پَنجتنِ پاک میں گُم ہو جاؤں

Pak-US Strategic Partnership in the War on Terror to Curb Militant Bloodbath

Pakistan’s involvement in the US war on terrorism was a tragic decision. No option was left for the ruling elite of Pakistan except to join the global war on terrorism and to take a U-turn from the support of Taliban’s regime in Afghanistan which was duly recognized by Pakistan’s government in 1996. It was expected by the policy-makers of the US that the alliance with Pakistan would provide extraordinary strength in combating the Al-Qaeda and other affiliated conglomerates in Afghanistan as well as in borderland area. However, after fifteen years of war, the alliance has enfeebled despite their mutual understanding regarding the objectives envisaged in the Strategic Partnership. The war on terrorism has now been escalated from Afghanistan to Pakistan and it has provided space to religious extremism, militancy, intolerance, ethnic division and sectarianism. There is no denial to the fact that religious extremism and terrorism are common threat and have damaged both the countries yet Pakistan has sacrificed more than the US in terms of human and material loss. Nevertheless, blame game and trust deficit is on the rise from both sides. This article focuses first on the joint ventures that the US and Pakistan mutually initiated to curb militant bloodbath in Afghanistan as well as in the border region. Secondly, it will explore factors responsible for increasing trust deficit between the partners. The study will not only provide deep understanding about the prevailing issues between Pakistan and the US but will also give true pictures to streamline the methodology for negotiating with each other in  future.

An Econometric Investigation of Determinants of Foreign Direct Investment in Pakistan: Co-Integration & Error Correction Approach

This study examines the various aspects of Foreign Direct Investment (FDI) in Pakistan. This research study is based upon three important empirical areas like major determinants of total FDI in Pakistan, major determinants of foreign direct investment in Services Sector of Pakistan, and Major determinants of FDI in Commodity-Producing sector of Pakistan. Augmented Dickey Fuller (ADF) test was applied to check the stationarity of data and then for estimation, Co-integration and Error Correction Model (ECM) has been used through well-known software, Micro fit (version 4.0). First section of the study examines the overall impact of FDI inflows into the economy of Pakistan, by using annual time series data for the period of 1971-2008. Results indicate that Gross Fixed Capital Formation (GFCF), Degree of Trade Openness (TO) and Inflation rate (INF) are statistically significant with positive signs, whereas Current Account Balance (CAB) is also found statically significant with negative sign. Study also reveals that Debt servicing and Gross Domestic Product found statistically insignificant and it seems that these variables have no significant impact on FDI inflows into Pakistan. Second section of the study examines the key determinants of FDI inflows in Services sector of Pakistan, using time series data (quarterly) for the period of 1996Q 1 -2008Q 4 . This study reveals that GDFCF, INF and PC are found statistically significant with positive signs. CAB and ER are also statistically significant with negative signs. Whereas trade openness (TO) is found statistically insignificant but with negative sign. Third section of the study examines the major economic determinants of FDI inflows in commodity-producing sector of Pakistan, by using time series data (quarterly) covering the period of 1996Q 1 -2008Q 4. This study explores that all these variables are found statistically significant with positive signs. It seems that these variables have significant impact on FDI inflows into Pakistan in commodity-producing sector. Finally, this study concludes that FDI and economic development are part and parcel of each other. So, it is inevitable for Pakistan to boost up economic growth in order to attract FDI and also rationalize investment policies to induce foreign investors in Pakistan. As Pakistan must do more sincere efforts to make it an ideal investment location among South Asian countries, so it is a need of the hour to prove that Pakistan is ideal destination for investment not only in Services sector but it is equally important and attractive location for commodity-producing sector. Although, Pakistan has vibrant areas for investment in commodity-producing sector such as, manufacturing, power and energy, oil and gas, construction, chemicals, fertilizers etc. but for the last few years, most of the FDI inflows have been surged in Service-related sectors. To chuck out this label, GOP should do more efforts to create the image of country as “an important location for investment in commodity-producing sector as well”.
Asian Research Index Whatsapp Chanel
Asian Research Index Whatsapp Chanel

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