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حیرت کو تصویر کریں

حیرت کو تصویر کریں
خوابوں کو تعبیر کریں

تجھ کو دیکھنے والے سب
حشر ہی بس تحریر کریں

میں ہوں، تم ہو اور گگن
آئو اسے جاگیر کریں

ہم نے آپ کو چاہا ہے
جو چاہیں تعزیر کریں

خوشبو، بارش، چاند، فضاؔ
آئو کوئی تقصیر کریں

عالمی سیاست میں اسلامی ریاست کا کردار: سیرت نبوی کی روشنی میں ایک جائزہ

Islam is the name of goodwill, and Islamic state takes into consideration all benefits for their all inhabitants, belonging to this world or hereafter. In this regard an Islamic state has a status of mother, who keeps spirit of love for all his inhabitants and who doesn’t differentiate between Muslim and non-Muslim for the delivery of rights because the head of Islamic state or khalifa will be busy to emulate rules of owner Allah Almighty (S.W) and never interfere in the handover system nor seek any personal benefit, however he will be doing sincere effort to play his role the same way which is assigned to him. Since there is no existence of Muslim state in present day structure, so in this discussion it will be attempted to differentiate between an Islamic state and Muslims state in role and behavior, which will cover the following areas.  The structure of Islamic state and institutional principles  The role and status of an Islamic state in world politics  Present Muslims state’s status and their role in world politics and affairs as will.

Financial Liberalization and its Impact on Economic Growth of Pakistan

This dissertation is an attempt to contribute theoretically and empirically in the area of research regarding financial liberalization and economic growth for Pakistan. On account of growing importance of financial liberalization in the promotion of growth in the developed and emerging economies and dearth of significant literature on this topic in the case of Pakistan, the present study examines the impact of financial liberalization on economic growth. The thesis investigates both the domestic and external components of the financial liberalization process and their impact on economic growth of Pakistan. The dissertation in particular develops an index of domestic financial liberalization using the technique of principal component analysis. The index captures the important dimension of reform process and quantifies the impact of domestic financial liberalization on growth. The external financial liberalization is examined through the de jure and de facto measures of external financial liberalization. The dissertation develops a quantitative measure of external financial openness through de jure approach on the basis of information under the capital account liberalization. The de facto measure of external financial liberalization is based on the work of Lane and Ferretti (2006) while the data for remaining years are updated utilizing their methodology. A joint impact of both the domestic and external components of financial liberalization (showing an overall impact of financial liberalization on growth) is also examined through the measure of domestic financial liberalization index and de facto measure of external financial liberalization. The results of the study indicate a positive impact of composite index of domestic financial liberalization on economic growth. External financial liberalization when measured through de jure approach positively impacts economic growth. However, the de facto measure shows a negative association between external financial openness and economic growth. The empirical results finally report an overall positive impact of financial liberalization on economic growth examined by including both the domestic and external components of financial liberalization. The positive impact of financial liberalization on economic growth is on account of financial intermediation, financial deepening and easy access to capital brought through domestic and external liberalization. However, to get more pronounced benefits out of liberalization process, financial sector needs more strengthening both at the domestic and external fronts.
Asian Research Index Whatsapp Chanel
Asian Research Index Whatsapp Chanel

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