Home Digital Magazine December 2017 Issue

December 2017 Issue

US & Pakistan Relations: Under the Lens of an “Eternal Optimist”

Cameron Munter| A Tale of two narratives? There are two narratives that have dominated U.S.-Pakistani relations over the decades.  The first, well known to Pakistani audiences,...

How Pakistan & Saudi Arabia had defeated Soviet Occupation of Afghanistan

News Desk | GVS: In our part of the world you are still remembered as the person who headed Saudi Intelligence for 24 long years....

Movie Preview: Fukrey Returns

GVS Magazine Desk | That’s right, Fukrey is back with a bang and due to be released on December 15th. ‘Fukrey Returns’ is the sequel...
IMF

Can we afford to go back to IMF? – Dr. Kaiser Bengali

Dr. Kaiser Bengali | We certainly will face a serious balance of payments problems, whichever way the government handles it. The economy has slowed down....

Movie Preview: Rangreza

GVS Magazine Desk | Rangreza is the new Pakistani musical-romance film due to be released December 21st worldwide. One of the most eagerly awaited movies...
IMF

Can Pakistan bear Rupee’s further devaluation to please IMF

Dr Farrukh Saleem | My top two concerns would be the twin deficit Pakistan has. The first deficit is the trade deficit which would eventually...
Economic Gurus: Concerns and predictions on where Pakistan is headed next year – Sakib Sherani

Pakistan’s reserve’s condition worsening; is IMF bail out package necessary?

Sakib Sherani | The first and foremost issue is we are heading into heavy weather in terms of our balance of payments position. Import growth...

Movie Preview: Star Wars The Last Jedi

News Analysis | This December, returning to cinemas all over the world is the next instalment in one of the most popular film franchises of...

Turbulence in the Heart of Islam

James M Dorsey | Saudi Crown Prince Mohammed bin Salman has won the first round of what could prove to be an unprecedented power grab...

Maria Unera: Pakistan’s new singing talent

Maria Unera Qureshi first caught the public’s ear in Nescafé Basement season 3 in 2014 and she came back for season 4 with a...

Pakistan: Dethroning of a King by a court

Saad Rasool | The ongoing Panama Saga – which started in the Spring of 2016, when the International Consortium of Investigative Journalists (ICIJ) released series...

CPEC: A Chinese Vision Since 2005

Saeed Afridi | China’s rise has been attributed to the successful implementation of its ‘Dual Track’ transition policy based on gradual, incremental and near-constant reform of its economic sector in conjunction with Five Year Plans. The is Dual Track policy emphasised on social and economic reform; without any corresponding political reform. It started under Deng Xiaoping post-1976, based on the Zhou Enlai’s “Four Modernisation Plan” and has seen additional changes with every Five Year Plan (FYP). The National Development and Reform Commission of the People’s Republic of China (NDRC) has played an instrumental role in China’s development through these Five Year Plans. China’s Regions and Economic Development Economic and social reforms proposed by the NDRC in its 5th and 6th FYPs, from 1978 till 1984, have formed the bedrock of subsequent economic development. China was divided into three zones, Coastal, Central and Western. The coastal zone became the immediate focus of economic reforms through “Special Economic Zones”, and an “Open Door” policy to attract foreign direct investment (FDI) and creating internal economic corridors. An initiative that links CPEC, BCIMEC and CCWAEC with the Gulf Cooperation Council (GCC) should have been, and now must be, the crux of Pakistan’s regional economic goals, much like Kazakhstan’s efforts. The 7th and 8th FYPs (1984-1993) built upon this success by introducing internal market reforms and began China’s transformation into a localised Socialist market economy while Jian Zemin’s subsequent 9th and 10th FYPs went further and introduced large-scale privatisation within provinces, an expansion of successful policies into the Central Region and laying the groundwork for future expansion within the Western Region. By 2006, the rapid economic development of the Coastal and Central regions had created a huge disparity in the economic and social well being within China. The focus since the 11th and 12th FYPs has been the re-orientation of China’s “Dual Track” reform towards China’s Western region. The development of China’s Western Region as an economic zone required access to economically advantageous primary resources and the development of market access for the export of goods.

Breaking the Asian Glass Ceiling – Afzal Khan

GVS Magazine Desk | Afzal Khan was born in Jhelum, Pakistan and moved to the UK as a child in 1971. He worked to support...

Doha’s Global Vision; Nightmare of the Arab World?

Magazine Desk | Of the 13 demands by Saudi lead alliance upon tiny Qatar; one that struck the most intrigue in the world- outside the...

A Meeting on Christmas Night Dacca, 25 Dec 1962

Dr. Moeed Pirzada | “Mujibur Rahman was now in his elements. He said that the purpose of calling the meeting was to hand over to...

Massacre at Army Public School: Questions that continue to haunt?

Dr. Moeed Pirzada | For Pakistanis, December 16, was always a day of tragedy – and unforgettable pain. On 16th December 1971, Pakistani garrison in...

Indian Democracy at Crossroads

Sanjay Kumar | Inaugurating a newly built dam in 1954, India’s first Prime Minister Jawaharlal Nehru christened it as the “temple of modern India”. Nehru,...
Security Council Expansion; opportunities & risks: Exclusive interview with Ex-Brazilian Foreign Minister

Security Council Expansion; opportunities & risks: Exclusive interview with Ex-Brazilian Foreign Minister

News Desk | GVS Managing Editor sat down with Antonio Patriota, the former Brazilian Foreign Minister and former Permanent Representative of Brazil to the United...