SBP Research Bulletin Volume 2‚ Number 2‚ 2006 OPINIONS The Effect of Privatization and Liberalization on Banking Sector Performance in Pakistan Umer Khalid∗ 1. Introduction A well functioning financial system is necessary for enhancing the efficiency of intermediation‚ which is achieved by mobilizing domestic savings‚ channeling them into productive investment by identifying and funding good business opportunities‚ reducing information‚ transaction‚ and monitoring costs and facilitating
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the only water that is free. According to the World Health Organization‚ over 3.5 billion cases of diarrheal disease occur every year as a result of unsafe water. Of these‚ 1.8 million people die annually‚ the majority children under five. If privatization of the world’s fresh water supply continues unhindered‚ these numbers will increase dramatically. The private interests that are buying up
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are compatible‚ but they are often intertwined. Capitalism is all about making money and pushing products which leads to issues of great environmental concern like water privatization‚ consumption‚ and greenwashing‚ or large corporations‚ like Wal-Mart‚ claiming to be green just to boost their public image. Water privatization is the private sector’s control over the service of supplying water‚ often for a large profit and with little regard to the local environment. Private corporations do not
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“Injustice any where is a threat to justice everywhere” Martin Luther King (Famous Black Quoations Janet Cheatham Bell. Prison Privatization is a broadly defined term for the privatization of prisons and prison-related services. In some cases‚ this may include transferring control of existing public sector prisons to private companies. However‚ more commonly private companies are contracted to design‚ build‚ and operate new prisons and jails by federal‚ state‚ and local governments. In still other
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Introduction of airport http://hotelmule.com/forum/viewthread.php?tid=802 Virtually all airports were traditionally owned by the public sector. European airports serving major cities such as Paris‚ London‚ Dublin‚ Stockholm‚ Copenhagen‚ Madrid‚ and Geneva were all owned by national governments‚ as were many other airports outside Europe such as those in Tokyo‚ Singapore‚ Bangkok‚ Sydney‚ and Johannesburg. Elsewhere‚ local governments‚ either at a regional or municipal level‚ were the airport
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------------------------------------------------- Privatization of Education Opening Education is the most vital input for the growth and prosperity of a nation. It has the power to transform the human beings into human resources. Apart from school education‚ higher education is the main instrument for development and transformation. Hence any changes shall be well thought and formulated without affecting the aspects of quality of education‚ equity and social solidarity. Body We need
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A father‚ buying his child a cornet at the ice cream barrow; this event would surely seem so very casual to most of us. But‚ the very spectacle is heartrending for the kids who stroll by the streets bare footed‚ jump up to every other car at the traffic signals and look at every passer-by with desperate eyes. He too might have been standing on the outskirt of the gathering around the same ice cream barrow longing for it. With empty pockets he might have stood there all the time waiting for that miraculous
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Prison Privatization Privatizing prisons may be one way for the prison population to get back under control. Prisons are overcrowded and need extra money to house inmates or to build a new prison. The issue of a serious need for space needs to be addressed. “As a national average‚ it costs roughly $20‚000 per year to keep an inmate in prison. There are approximately 650‚000 inmates in state and local prisons‚ double the number five years ago. This costs taxpayers an estimated $18 billion each
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The privatization of fresh water creates a global system of ‘have and have not’s Water privatization creates a world where people ‘have’ access to water and those whom ‘do not have’ access to fresh water. Water privatization schemes throughout the world have a track record of exceedingly high prices‚ creation of water monopolies‚ and deteriorating quality and service and this does support the global system that water privatization creates of have and have not’s. Water privatization can negatively
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Planning and land use Urban planning (urban‚ city‚ and town planning) is a technical and political process concerned with the control of the use of land and design of the urban environment‚ including transportation networks‚ to guide and ensure the orderly development of settlements and communities. It concerns itself with research and analysis‚ strategic thinking‚ architecture‚ urban design‚ public consultation‚ policy recommendations‚ implementation and management. A plan can take a variety of
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