VOL 3 NO 1

Stock Market Performance in Pakistan: A Scrutiny

(By Inayat U. Mangla [*]) Abstract (The Karachi Stock Exchange, established in 1947, currently lists 658 companies with a total capitalization of approximately US $ 62 billion. Unfortunately KSE’s performance has been volatile because of insider trading and manipulation. For instance, after the stock market crisis in May 2002, the KSE 100 saw an unprecedented rise of 65 […]

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Meeting Pakistan’s Energy Needs

By Mukhtar Ahmad [*] Abstract (Although Pakistan has sufficient coal and hydroelectric (hydel) resources, their development will take time. Therefore, the country, in the near and medium term, will have to rely on imported energy. Gas import pipelines can cater to the needs, in the near term, of the residential, industrial and power sectors. The development of indigenous coal reserves and

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Militancy in the Pakistan Belt; Perspective of a Peace Jirga

By Khalid Aziz [*] Abstract The radicalization of Pakistan and Afghanistan with its attendant extremist violence has destabilized both countries. The process began with the Soviet invasion of Afghanistan in 1979 and the subsequent resistance to its decade-long occupation of the country. The liberation struggle was spearheaded by the mujahideen who were trained, financed, armed and

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The Broken Pledge

comment Benazir Bhutto’s assassination on 27 December 2007 capped a year conspicuous by violence and political uncertainty. Amendments to the Constitution to give legal cover to arbitrary acts by the executive further complicated the situation. The crimson stain of anarchy spread far and wide across the fabric of Pakistani society. The Pakistan Institute for Peace

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