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International Relations Notes on IR |
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#1
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alternate to IMF, world bank and ADB
Any alternate solution to make strong economy other than the loans and borrowing from IMF, ADB and WB.
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#2
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The solutions are to be followed;
1. Utilizing the inhabited resources 2. Imparting academic & technical education 3. Increasing the flow of foreign direct investment 4. Self reliance & right person for the right job 5. Generating new economic trends If the following points implemented, we will get rid of foreign debts. |
#3
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1: introduce zakat in macro and micro economy . 2: bring land reforms and impose land tax on DHA, BAHRIA TOWN plots and houses. 3: control corruption and bring looted assets of Pakistani nation. 4: computerize taxation system . 5: formulate such policies for domestic investors so as to encourage them for further investment. 6 : last but not least , stop trade on dollars and make economical alliances . |
#4
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Quote:
Your pint 1, 2, 6 seem to be irrelevant with the topic, please elaborate it that how can these be incorporated to get rid of foreign debts? |
#5
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Macro economy deals with national productivity .such as wheat , rice, cotton ,plastic etc. All those things are in the chart of state production If government introduces computerized zakat system on these things , the state will b able be collect enough wealth .this policy is for state purpose.i.e federal budget. Micro economy deals with productivity of people . Rich and elite class fall in this category . if state collects zakat from them , poverty will decrease. This collected wealth will be for only poor class. Elaborating 2nd point::: In our country , feudalism is some type of curse . feudal lords having lands in kilo meters don’t pay taxes . they are bricks in the great wall of status qou . some time they challenge state writ. Even a SP rank officer avoid from them . Hence , through land reforms government can nationalize their lands . only state will irrigate and get profit from their lands . it will also help to reduce regional famine by distributing wheat and rice in limited ratio . extra thing should be exported . in this policy , no one will be allowed to keep more then 400 acre of irrigated land. There should be annual taxation on expensive houses and plots according to price ratio. elaborating Point 6 ::: this point has link with politics. as we know that price of dollar increases in market when its demand increases. Whenever we wish to export or import any thing , we will have to convert rupees into dollars . This act not only increases value of dollars which directly effects our foreign debt but also inflation. Simply, Inflation increases whenever we print our currency more in number. Besides this , the western puppets smuggle billions of dollars from the third world countries by changing local currencies. E.g corrupt mafia , politicians etc. it is a chain cycle for making dollar a universal currency. By giving less value to dollar , it will effect on currency smugglers and increase state currency value . world market can value our currency whenever we export something. Moreover, we should make a trade alliance with the third world countries who are rich in resources . it will help us to get cheap raw material . this step can double our export . finally ,it will hit a universal currency known as a dollar. |
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Greenboat (Tuesday, March 14, 2017) |
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