Nationwide campaign of Bahria University to promote Blue Economy of Pakistan Whenever we think of water the thing which comes in our mind is life representing its importance and enforces me to call all oceanic activities as Blue Gold. Oceans are of great significance for the survival and advancement of societies as they sustain life, connect the world and facilitate development. “The blue planet that humans inhabit is not divided into islands by the oceans, but is connected by the oceans to form a community with a shared future, where people of all countries share weal and woe”. Hence peace…
Author: Urooj Aijaz
Peace building, conflict resolution, conflict prevention, whichever term we use, sits uneasily within one particular field, discipline, or government department for that matter. Is it development, foreign policy, diplomacy, defense and security, justice and human rights, any or all of the above? Perhaps it is unsurprising that there is no neat fit. Addressing the root causes and drivers of conflict is a long-term and complex task for those living with conflict first and foremost, but also for those supporting people working for peace. Conflicts have multiple drivers, operate as systems, are often local and do not stop at state borders.…
Nation branding has become an increasingly important strategy for world because of increasing market complexity resulting from globalization forces, domestic and international government policies, foreign exchange fluctuations and changes in the natural environment, which obviously wider the range of factors such as sustainability and market competitiveness. Nation branding is crucial in order to attract investment, boost exports and attract tourists and talented workforce and stands between public diplomacy and economic benefits. An adequate policy of Nation Branding based on a positive, credible and economically reliable image can be able to extend the range of potential customers and of potential investors.…
A unique and terrifying moment in modern history is unfolding before us, every day but it teaches us a lesson of rapid transformation in many areas of public life as no country, or state, or locality, or even individual hospital was properly prepared for Covid-19. At this time of crisis where social distancing and culture of stay home to be safe are promoted supply of basic needs and goods is really a big challenge for governments all around the world and this crisis metastasizes into the kind of ugliness and horror we have witnessed in other countries, it will become…
The Gravitational forces of global geopolitics and geo-economics is moving back towards East from the West and as this rebalancing unfolds, the 21st century will be the Asian Century. BRI is the key that not only integrates Asia but ensures stable and sustainable future of this continent. Asia is always a continent with socio-economic and cultural divides and to overcome these divisions into inclusive Asia integration on all fronts is very important so there is a strong need to work on three modes of connectivity: physical, digital, and people-to-people and BRI successfully doing this by reducing the gap between its…
COVID-19 threatened the world in each and every sector of their economies and may also increase the chances of corruption as every government nowadays are busy to counter the health crisis. Corruption, the abuse of public office for private gain, it erodes the social contract and corrodes the government’s ability to help grow the economy in a way that benefits all citizens the COVID-19 pandemic has heightened the importance of stronger governance for three reasons. 1st Governments around the world are playing a bigger role in the economy to combat the pandemic and provide economic lifelines to people and domestic…
Almost no facet of our world economy has been immune to the COVID-19 crisis not only as a health crisis in the short term but also as a devastating social, economic and political crisis. People think that most disruptions occur in health, airline, hotel and restaurants and sports industries but the long arm of COVID-19 has also reached out to sea, affecting our “blue economy.” This collection of formal and informal marine jobs, products and services has been valued at $2.5 trillion a year. If the ocean were a nation, it would rank as the 7th largest economy in the…
The coronavirus pandemic has rapidly transformed life of millions of people all over the world. For many, COVID-19 carries feelings and challenges of fear, anxiety, economic hardships, isolation, and many other stresses but developing countries are the main hit of the pandemic, not only as a health crisis in the short term but also as a devastating social, economic and political crisis. At present the bigger challenge for the entire world and especially for the developing nations is to keep their economic wheel moving to ensure food security and wellbeing of the society under the barriers of lock downs. Beside…
The growing COVID-19 crisis threatens to disproportionately hit developing countries, not only as a health crisis in the short term but also as a devastating social, economic and political crisis. At present the bigger challenge for the world and for the developing countries is to keep economic wheel moving to ensure food security and wellbeing of the society during the various barriers of physical distancing and lock downs. With calls for social distancing, service sector jobs that depend on customer-provider interactions or involve the congregation of large numbers of people are likely to take a huge hit. Workers in industries…
Relating economics with education means highlighting economic issues relating to education, including the demand and supply for education, the financing and provision of education, and the comparative efficiency of various educational policies which impacts any economy. Economics is a framework that not only allocate resources but it also identify that a well-educated labor force is crucial for any nation to compete in an increasingly global economy that only rewards skills and knowledge. Evaluating the productivity of educational institutions, study of incentives and choices will make economics more relevant to educational reforms and policies. [ads1] Education is the most important…
A nationwide campaign of Bahria University to promote country’s blue economy In recent years, policymakers have come to the conclusion that foreign direct investment (FDI) is needed to boost the growth in developing economies. It is claimed that FDI can create employment, increase technological development in the host country and improve the economic condition of the country in general, making investible funds available. FDI inflow to developing countries is assumed to produce externalities through technology transfer and spill-over effect which have a last longing effect on the economy. There are many benefits of FDI both to the host country and…
A nationwide campaign of Bahria University to promote country’s blue economy The performance of logistics sector provide a distinct contrast to the financial downturn Pakistan has been buried in. As of December 2018, the logistics sector is valued at $34.2 billion, registering an annual growth rate of 18% between 2017 and 2018 (source: Ministries of Communications and Postal Service), specialists rush to call attention to that the figures present just piece of the image in light of the fact that a huge portion of the segment works in the grey economy with no verifiable records or information. Pakistan is one…
A nationwide campaign of Bahria University to promote country’s blue economy Global sea ports have great importance for world economy as global container traffic has grown by an average of 10% annually since 1990. Equally, the steady growth of ship sizes poses major logistical and technical problems worldwide. Given these facts, shipping and maritime logistics would largely benefit from Big Data as well as the emerging digital technologies. Apart from the many positive effects of digitization in maritime logistics with respect to efficiency, safety and energy saving, there are, however, also risks (e.g. data abuse, cybercrime). In maritime logistics, automation…
A nationwide campaign of Bahria University to promote blue economy And it is He who subjected the sea for you to eat from it tender meat and to extract from it ornaments which you wear. And you see the ships plowing through it, and [He subjected it] that you may seek of His bounty; and perhaps you will be grateful. — (Holy Quran) The objective of ‘Green Economy in a Blue World’ is to analyze the challenges and opportunities of a potential transition towards a green economy in key sectors heavily linked to the marine and coastal environment – the…
A nationwide campaign of Bahria University to promote country’s blue economy Recognition of the blue economy and smart shipping concept in developing economies has meant that countries are now strengthening on how to increase port capacity and efficiency ahead of their competitors. As we all are aware that blue economy create blue job opportunities in different areas like shipping, insurance, seafaring, port operations, financial services, vessel registration, ship building & ship breaking, ship repair and shore based auxiliary support etc. Therefore the stakeholders are now investing in infrastructure development and implementation of friendly maritime policies along with latest technology and…
Pakistan is the land of my forefathers; they are buried here and become part of our land and every handful of its dust is colored with the blood of ancestors. Independence Day is important indeed. But what is vital is that the vim and vigor of the Independence Day. We need to celebrate our achievements in different areas but a specific domain wish to highlight specifically our country lingers to ache from its international reputation of being an ‘unsafe’ state for the females having no rights to women to participate in development of state and due to repetitive negative portrayal…
Our actions are our future So called agriculture country in food crisis, why? Pakistan is essentially an agricultural country given the percentage of agricultural products it exports and the people employed in this sector. Pakistan has rich and vast natural resource base, covering various ecological and climatic zones. About 27 percent of Pakistan’s total land area is under cultivation. Agriculture accounts 21 percent of GDP and employs 41 percent of labor force and a vital sector of Pakistan’s economy. The agriculture sector directly supports the three-quarters of country’s population, employs half the labor force, and contributes a large share of…
A nationwide campaign of Bahria University to promote Blue Economy Blue Economy identifies the water bodies as main drivers of the economic progress with great impending for novelty and growth. According to the World Bank, the blue economy is the “sustainable use of ocean resources for economic growth, improved livelihoods, and jobs while preserving the health of ocean ecosystem.” European Commission defines it as “All economic activities related to oceans, seas and coasts. It covers a wide range of interlinked established and emerging sectors. “The Commonwealth of Nations considers it an emerging concept which encourages better stewardship of our ocean…
A nationwide campaign of Bahria University to promote Blue Economy Shipping logistics represents a person or company who contracts to transport cargo from the port or place of discharge of a sea-going or ocean-going ship to another destination by a different means of transport, such as a feeder vessel, truck, train and Glossary of Port and Shipping Terms etc. The Indian Ocean is a vital part of the economies, livelihoods and cultural identities of the States which border or lie within its boundaries. Fisheries, offshore oil and gas, tourism and maritime industries are already making a significant contribution to the…
A nationwide campaign of Bahria University to promote Blue Economy The goal of Islamic finance is to bring greater justice and strive to achieve socio economic development it serves as a tool to foster economic growth and human well-being. Promoting risk-sharing instead of debt-financing, reduces poverty and inequalities which are the necessary objective of the needs to be addressed by economic development policy makers by which corporations in the Muslim world, including banks and other lending institutions, raise capital in accordance with Shariah, or Islamic law. It also refers to the types of investments that are permissible under this form…
Nationwide campaign of Bahria University to promote Blue Economy Economists hold that trade deficit in the long run can drag-down economic growth of any country. As globalization provides countless opportunities for international trade meanwhile numerous commercial and political risk are there too in carrying out cross-border trade. Pakistan is facing the persistent trade deficit since independence . In addition to this war on terror and poor law/order situation, the risk of theft/damage/lost during the cross border trade has increased dramatically. To hedge these risks, companies insure themselves under different private and government insurance policies. Economists hold that trade deficit in…
We now live in the era of rapid globalization and unprecedented advancement in technology. Technology has become a yardstick for a country’s socio-economic development and it is widely accepted that technology is the key driver of economic growth of countries. It plays a strong role not only in increasing productivity but also provides better living standard, rapid increase in supply, improved trade, advancement in infrastructure, low wastages of resources, minimizing cost, overcome vicious circle of poverty, improving the quality etc. but having lots of benefits some are the issues too involved in either advancement or adoption of technology like diffusion…
“Economic Empowerment Of Women” a small phrase have different meanings and understanding to different people depending on their experiences, circumstances, hopes, and dreams. It may means, An opportunity of make my dream come true; or Gaining wealth of knowledge; or Success, productive, employable, promotion, critical thinker, prosper, educated, experience; or It means giving employees skills, resources, and opportunities as well as making them responsible and accountable for what they’re doing. The existence of a beautiful world cannot be imagined without considering women rights and empowerments. Women’s economic empowerment refers to the ability for women to enjoy their right to control…
Striving hard by creating wealth of opportunities in the neglected areas to contribute better for Pakistan Opens nationwide campaign to create ‘blue economy’ awareness; bridging academia-industrial linkage The university’s place as a paramount player in a global system increasingly driven by knowledge, information and ideas. We live in a time when knowledge is ever more vital to our societies and economies, in a world of rapidly circulating capital and people have revolutionary communication technologies. Knowledge is replacing other resources as the main driver of economic growth, and education becomes the foundation for individual prosperity and social mobility. Universities play an…
Nationwide Campaign of Bahria University Karachi (Dept of H&SS) to spread awareness about Blue Economy The idea of Blue Economy recognizes the sustainable use of ocean and coastal resources for economic growth, improved livelihood and jobs, and ocean ecosystem health. The Blue Economy emerges when economic activity is in balance with the long term capacity of ocean and coastal ecosystems to support this activity and remain resilient and healthy which includes many components: Maritime Transport: Over 80 percent of international goods traded are transported by sea and the volume of seaborne trade is expected to double till 2030 and quadruple…
The collaboration between industry and the academic world has always been an important but complex topic. Due to the rapid evolution of the business environment and the vast transformations throughout the academic realm, the subject is now even ‘hotter’ than it has ever been. Efforts were being made to utilize capabilities of educationists and researchers. Partnership among industries and universities is a two-way process where academic partner or universities work and benefit with established businesses in different ways like collaborative research and development, supporting innovation in SMEs, consultancy and advice, internships and placements for students, graduate employment and providing Continuing…