The senior author has elsewhere argued [8] that foreign exchange earned by the export of West Pakistan-manufactured goods has a high domestic cost. Much the same contention has been advanced by Hecox [7], Islam [9] and MacEwan [11]. In these papers the relationship between costs and earnings is...

The study of financial stability has become the cornerstone of modern macroeconomic policy particularly for developed countries. The recent global financial crisis has underscored the importance of understanding financial instability especially in the context of managing credit risk with...

Environmental justice has become a major issue in the discourses of environment. The calls for environmental equity and justice are now part of major environmental negotiations like the UNFCCC and the Kyoto Protocol, to give some examples. In this paper I locate the issues of environmental...

The paper argues that although key improvements in credit risk modelling have been made - motivated by Basel-II capital adequacy standard - yet the current turmoil in the global credit markets couldn't be forecasted and subsequently avoided. The aim of the study is to investigate the cyclical...

This study has been conducted to examine and indicate the consumption patterns of Pakistan Television Corporation (PTV) entertainment programs of rural viewers of Karor Lal Eason (Layyah). For this study 200 respondents are selected which equally consist 100 males and 100 females. The findings...

This study examines the technical, allocative, and economic efficiencies of the cotton-wheat farming system in Punjab, Pakistan. It also investigates the determinants of these efficiencies using a non-parametric data envelopment analysis (DEA) technique. Technical, allocative, and economic...

The disputes settlement understanding (DSU) of the World Trade Organization (WTO) is a contentious issue. It is often argued that the DSU work more in favor of the richer members. This article argues firstly; how disputes are resolved under the WTO regime secondly; how the DSU adversely affects...