Most Recent Blogroll | MarketplaceMerrill Farm ResortPosted on January 29, 2010.  Economique and the financial Crisis
Karachi dated 09-09-2009
ECONOMIQUE/THE CRISIS FINANCIAL
Introduction: The financial crisis that began July, 2007 can be attributed to the political one in the matter of credits indifferent and inefficient just like the economies under regulated and on regulated of the world the injustices by over all economical and economical disobediences. On the cause of the crisis also can be endorsed to the interest rate of misbalanced that caused increasing the extraordinary expenditure beyond the optimum level and flooded the monetary mass to the cause of the market the inflationary tendency to the economy. It could be kept present to the spirit that if the gone out continue and the flood is stopped the gigantic stock also is stopped existing the event to cause crisis that says us to keep the balance between the floods and gone out. The foundation of the world-wide economy is the interest based that not brings the true happiness at the level of grass root and no serviable to reduce the poverty as this is against the nature and exploits the poor the rather relief them therefore 'the interest based the economy' should be transformed in "economy service based" c. -a -d. rather to be interested "services" should occupy the economy as "service" A the blessing of Allah. The activity to knowledge "Service" should remain that the "Service" does not become the "coil service" that would injure the economy. It is pertinent to mention here that the economies of these countries that are anxious the nature property as Japan, China and the productive others of oil are in the surplus. Of more, the interest based the economy is serviable in to increase the volume of millionaire and the degree of poverties while the world-wide economy should be serviable in to increase the volume of thousanaire (terminology used for the people the counted average and the groups of come back to the over average). The economy prospers if the environment and the segments of poor class of the corporation prosper. If opposite arrived and only aristocracy prospers person can prevent the revolution that could be bloody injustice as economical that the creates the agitation and the catastrophe. It is the witty truth that unless we increase the volume of bourgeois while reducing the level of millionaire and of millionaire just like the poor ones classify cannot reduce us the poverty of the world.
It was retrieved that because of the low interest rate the industry of property of WEAR observed the growth among 2001 to 2005 and during this period several Americans attained loans and real estate invested matters had to this asks it property increased various. But it did not keep the intact and stable face as when interest rate increased by the Federation of 1% to 5.25% the United States Containing the Sector had increased also the caused interest rate to the liquidity problems by the borrowers of the mortgaged loans. Because of the high interest evaluates the Market of capitals of United States collapsed. The major party of loans by the United States containing the sector loans of under consisted apogees granted without considering the paying capacity of the borrowers. The data on the mortgage loans show that about 21 percent of all the loans of mortgage spread itself during 2004 to 2006 considered one in under "Classification of Under Apogee". The face of mortgaged loans is increased to $600 billion in 2006 that indicated a fifth one of the ready real estate one to WORE.
As know us that the loans of under apogee are these loans that are granted to the borrowers without considering their dignity of historic one of creditworthiness and credit if they are in a position to reimburse their remarkable or not talkative responsibility accumulated efficiently idle loans continue doubtful credits. Such careless economical decisions take to the bankruptcy and unemployed to a big range. When we analyze the world-wide economies the irregularities and the following incoherences came in the picture:- I) not commercial &the amplifier; not the decision Productive by the directors and economical Govt. Cause the loss of productivity and unemployment II) the interest rate to the under prudent one &the amplifier; the optimum level Cause the bankruptcy of Bank Sector and of other entity of matters iii) the flood of Credits of under apogee Cause the bankruptcy of bank sector iv) the idle Loans ae" not the productive loans Cause the production loss v) beyond the optimum level of financing of consumer Cause accumulated unproductive loans vii) the lack of small and average loans of business Talkative the production and the low unemployment viii) long it last economy of low level in the analogy to income Cause the lack of formation capital ix) last long on the consumption beyond income Talkative the extraordinary increase in the prices ae" the Inflation x) the low investment The caused lack of financial and economical activities xi) risk oversight Cause the loss to the economy xii) the energy generation on the grave of agricultural products The big caused lack of food products that take the famine and the prices sky touching xiii) no basic attention was given to The Agricultural integrated Sector which is vital for the reduction of economy and poverty The in high caused gradation of poverty xiv) non-adoption of the environment &the amplifier; moderate manners to approach the war-on-the terror Cause the broadcasting of terrorist activities takes everywhere in the world in to squeeze the economy of the world The political indifferent one and fiscal inefficient, the unproductive loans and non-execution and the mortgage of under apogee just like the low economies and on the consumption hit poorly the lenders of United States and the economy of United States redsultamment its effects affected the international economy. The number of defects of mortgage increased because of the reduction in to pay capacity because of interest hike. Redsultamment several lenders of mortgage of under said apogees to WORE the New Century Corporation Financial commercial Corp. and the Mortgage of Financial ameri-quaate in the whole country, plc of Have HSBS did facing first boredoms in their files of loan of mortgage. It is pertinent to mention that because of the New increased defects Century Corporation Financial commercial had to classify for the bankruptcy that is caused to take the collapse in the values of actions of several businesses in the under apogee mortgages the Financial said industry and Washington in the whole country Mutual. In the lacks of liquidity of addition in the market affected also the projects of investment of businesses of United States that have the party of a third of the PIB OF United States as a body. The IMPACT OF UNDER apogee PRETE
Influence on Asian Economies
The ECONOMY DIFFERENTE MODELS &the amplifier; the ANALYSIS: As early as the beginning of the world-wide changes are has intervened and until the end it will continue and the one that does not hold gaps of changes behind. The changes are blessings as stagnant spoils the life method if there is not change there is not development and the innovation. The changes are also has intervened in the economical world ae" once there was the laisseze-foire economy presented by the classical economists as Adam Smith and its supporters. They believed in the full job and in the concept also had that although produce sold. In this parameter the economy was free of all the rules and regulations by the Government or Declares. It was known also the economy of free reign as the economical directors were totally free to do the economical decisions. While doing the economical decisions generally they gave themselves the priority and did not care for the interest of the masses. Wealth was accumulated in some hands ae" the market was therefore squeezed the products and the services that prevail in the market were not liquidated and when the products and the services were not sold to the industries began closing the big caused unemployment. Redsultamment the concept of free economy was collapsed during 1930 the Big Depression and due to these millions of collapses of people became the unemployed especially in European countries. With the analysis of the depression it came to our knowledge that the vast distribution of wealth is vital for the sale of products and of services (for the true activities of the market) and when the products and the services continually sell the owners of factories and of industries and the other gamblers prosper also. If we want to avoid the crisis that we will have to distribute wealth and the resources to the result of the corporation on the basis of equity. Later on the free economy was transformed in the regulated economy (the Theory of Keynesian Economy) in the major parties of the world. Keynes refused the theory of classical economists and presented his clean economical model. According to him the economy attains the balance position when the ANNOUNCEMENT = AS. It agreed as as the sometimes economy can be in the inflationary position or sometimes in deflationary and keep the balance in the economy as it projected the intervention of Government. The forced economy or slavery economy (sturdily and cruelly regulated) ran also in the analogy with the regulated economy in the Communist states of the world that was also against the nature and soon collapsed. After Keynes a school of thought also came in the picture that stressed on money. They are view that money plays an important role in the activities and the economical and social lack of money can harm the economy. They are called "Monetarist" and the modern friends of classical economists as they believe in Liberate the Economy of Business And do not like Govt. or the bureaucracy intervention. Analyze: When we analyze the different economical model concept that the fact must goes out this concept "Keynesian" general of economy is better against all the others model economical as it gives better solutions of problems and economical tensions on the consumption and the investment + soft Govt. the intervention that is vital for the economical growth. Classical Economistes and Monetarists stress on the "money" (the money in paper) that has the non intrinsic value and natural and without the support person will accept it. They canceled the basic economical variables and their impacts as income, the concept consumer/spend and economy/investment in the economy. According to them doubles the provision of double of money would be the commodity price. Tensions on the other hand of Keynesian economical Model on income, the consumption/it spends and the economies/the investments that play certainly an important role in the economy development as without the fitting consumption and without the activities of economy of investment cannot prosper. More, it is necessary to mention that only these systems of economy can prosper that are in the agreement to the human nature and would be on the basis of equity as Omnipotent Allah cares for His creature and the economy that care for all Its creatures must grow and must prosper. . ETUDE OF THE MARKET The market is a place where an activities to exchange values are has intervened between the salesmen and the possible buyers ouvertement. The markets are prospered when they are furnished the quality &the amplifier; the products and the services just like the superior customers oriented approaches it and the honest salesmen because we cannot obtain the loyalty of customers until and unless we satisfy them with our products, our services and our behavior base on honesty. It is pertinent to mention that listening customers, the rewards to the customers, the reductions to the customers and the communication to the customers are arts of sale and the marketing art are right away to fill the needs of customers and the other conditions of the market as the news of marketing, the new development of the products, the distribution, the transportation, the emmagasinage, the promotion, the sale, the evaluation of satisfaction of the customers etc. A marketing function is also to discover again customers, their needs, their needs, their ask and their wishes and their offer solutions. The estimated customers must be remembered of by the telephone calls if they do the matters or not. The courtesy must be showed to all the diversified customers to have their loyalty. Temporary cycle: The market did facing to follow four steps during its activities. Depression: It is the dark step of the market under this step that the activities of the market fall ae" the production becomes the low level ae" the unemployment increases because of the low collective request. In the investment of step of depression is not has intervened talkative the production and the low services. Restoration Etape: In the activities of economy of step of restoration becomes little by little quickly ae" the production and the prices obtain little by little their position. The new businesses enter little by little into the activities of market and matters improves little by little. Prosper the Etape: Because of the increased activities of matters the reaches of the market to the step of boom and in this step that the market takes the perfect competition as several businesses enter into the market because of easy and ready relaxed the political one by the financial institutions. In the boom ages the consumption, the price levels, income and the salaries of the whole gambler the also profits of the owners of factory touched the summit. Recession: The immediate result of step of boom is the recession that causes slow in the matter activities that affect all the sectors of the economy. Seen by writer: I suppose that the principal cause of temporary cycle is "misbalance in the economical activities" advantage "Process and Teaching" To Put nature to give new and innovated the direction of knowledge. The IMPORTANCE OF REGLEMENT: The human beings are the creature of elite of Allah and if they are not regulated they can become the devil and create the boredom on the earth. Of more, if the man is not regulated there is not distinction between the life of animal and man. For the direction of man and careens its activities Allah Omnipotent sent thousands Messengers on the earth for that the man could obtain his fine objective. The regulation also can be applied on the economy because if the economy truly is not regulated the equity in the economy is not established and the earth can become a lot of agitation and the bloody so soft regulations and flexible (base on justice) are essential for viable &the amplifier; the growth of equitable economy.
Credit the Creak/The Crisis of Economy: I integrate the causes of creak of credit/the crisis economical in a component c. -a -d. "the financial crazy decisions". It must be kept present to the spirit that the managed activity creates the productivity that has a weight in the economy but such loans that does not produce the productivity loans unproductive called that can become to the long one the disaster for the economy of the world as they accumulated to loans non-execution. I suggest following it fiscal, monetary, the bank operations, steps of business and of public/corporation for the treatment of crisis and economical well-being of the masses:- Fiscal Etapes: I) The Norm in now of Echange: To present the forces of the market (the Request and the Provision) determines the course of the changes between the changes that must be abolished right away to the profit of the economy and the international evaluations of changes of nations of the world for the international commerce again could be linked up to "Now" (The Norm in now of Echange abolished in 1971) for that the international economy could prosper while going through the solidarity of international change that would cause in to improve of The crude International Products (GIP) And create more and more job internationally. With the link of the changes of nations of the world with the gold that the international commerce would not injure by the big fluctuations of current. The economy easily would run ae" poverty would diminish ae" the balance of the payments would not injure and above all the reserves of mottos would not be eroded. It is established the Fact that the forces of the market have volatile characteristics - they ruin sometimes the paying capacity (the liquidity position) economy that takes to the bankruptcy. On the other now of hand has strong property while going through the quality and the intrinsic value and gives the supremacy to the change and the economy and keeps the balance in the international commerce. II) Political harmonized: Fiscal political and monetary must be harmonized and must be interfacede for that the activities fructueuses of fiscal political one could not be put aside by the monetary policy. For example if the fiscal political one is the contractual monetary policy should be so contractual and inversely. iii) The obstacle of Urbanization: The urbanization tendency could be brought to an end while establishing the agro-based industries, agricultural based infrastructures, the merchandise houses, the water reservoirs, the agricultural cities and the agricultural courts to the sectors cultivated/the system. What's more, the agricultural earths could not be allowed using otherwise that agricultural or goals productive. The property of agro-based and the agro-based barriers should be established in everywhere in the world as the creature can take the life without the industrial products but cannot live living without the production and the agricultural cattle that is essential for the growth of body and the soul. This is to mention value that without raising on the agricultural commodities not can reduce us the poverty of the world - we will have to give the priority to the agricultural sector if we want to remove the famine and the unemployment of the world. With the barrier network everywhere in the country/the world the crisis of strength and water would be reduced to the big range. To overcome the energy crisis will have to resort to us to the alternate source of production of energy as the air, coal etc. iv) The empowerment of Institutions: For the good of development and of institutions of social economical quietness and logistical must be done powerful instead of the person, the personality or the group as the strong institutions improve the productivity, the PIB and keeps peace and the justice in the territory on the other empowerment of hand of person, the personality or the group create anarchy and the anarchy as the powerful persons become offenders and challenge Wrote it Government/Declare. The institutions in everywhere must be done in the powerful world on the basis of war foundation for the well-being of peace of the world. v) The reduction in the Rate Of Demographic Growth: The true developments of economy and the reduction in poverty cannot be attained if the rate of growth of population continually is increased on the geometric proportion as it erodes the development fruit. In these context people could be motivated while using all media the electronics and characters the encouragements more by the Govt. to have the offspring minimum c. -a -d. two or three. vi) Increase the Network of Tax - The tax Reforms: The taxes should be imposed under the progressive approach ae" the one that wins does more give more taxes and inversely. The tax wallets should be increased and all these activities that are free of the tax and cause the loss to the Govt. the ministry of the finances should be brought under the tax system as the agricultural tax, the property tax etc. especially from the perspective of Pakistan. The volumes of direct taxes should be increased while the volume of indirect taxes should be reduced to facilitate the poor ones. Besides all the economical transactions as the purchase and as the property sale, the luxury cars, the factories etc. must be informed and must be stamped to raise on the satisfies income. It is established the Fact that if we want to increase the tax network will have to increase ourselves the economical activities and all the economical activities should bring under the documentation to increase the tax network. The economy informed is vital for the progress of the world therefore states should inform the economy on the basis of war foundation. vii) The network of Small and Average Industries: To overcome the unemployment the network of SMI should be spread everywhere in the world especially in the rural sectors and moved away thrown of respective countries to save the urbanization. The banks could be pressurized to give the priority in granting Small and Average Loans. The increased network of SMI will raise also on the PIB of the respective countries. viii) The generalization of Education: The good governance and the good economical growth cannot be attained and can be established without the education, competence and the raising knowledge especially on the education in the sector of farming and science. We will have to give our basic attention to the farming sector to nourish the masses of the world as without improving agricultural products cannot reduce ourselves poverty. In the education display no abnormality and the distinction should be observed ae" the education system should be global and generalized for that the children of the poor ones could obtain the education in the line of children of the people of elite. Also the students of religious institutions also should be given the same education with their religious erudition. ix) The Responsibility of v/s of corruption: To have the check on the corruption the concept of true responsibility (so foreseen by the masses) could be imposed summit to be founded that the corruption creates the inequality in the wealth distribution that causes unrestness and the anarchy in the corporation. This is the Fact that the corruption not totally can be eliminated until the end of the world is established nevertheless we can reduce the corruption volume while going through the legal actions and sturdy by God to fear authorities. Keep in the discouraging view totally the corruption that the governments are counseled to impose 50% or 60% forced tax on all the gains and the property and the sick obtained quantities completes by this process must be used for poverty lightening just like of well-being of the masses. The news of the gains and the illegal property easily can be attained by masks the investigation and the level of life of the individuals if their life level is in accordance with their gains or not. If sturdy despondency against the corruption is done the and justice (to the whole level) is established in everywhere in the world I assure you that peace and the quietness must be recognized in the world-wide InshAllah. x) The reduction the volume of Transfers Payment: It came to imagine that in the western countries where unemployment benefits are granted by the laziness or the creating idleness of the state for the human resources. The lazy human resources renounce the work and continue or give the priority to have unemployment benefits rather to have the work. The states are counseled to keep strict vigilance while granting the payments of transfer and the guard on the optimum level. They should keep also an eye while granting the treatment and the eruditions for as the unworthy persons could not be taken advantage with these human arrangements of well-being. The Govt. to the first example should reduce his wallet of payment of transfer until or unless the economy is attained to his normal progressive track. xi) The reduction in Govt. Loans: In everywhere in the world the Governments or States spend beyond their resources that cause the inflation and dearness. The inflation arrived when the monetary mass increases of the but the productions and the services are not increased the analogy to the monetary mass. The Govt should keep has it objections that if the monetary mass to an economy increases by 100 unities, the goods and services must be increased by 100 unities that keep the economy in the balance or in the balance level but the opposite see us that Govt became overleveraged because of the unjustified and unproductive expenditure causes vulnerability. The volume of Govt. the loans should be reduced for that the economy easily could run. xii) The encouragement to the foreign investor: To raise on the economy investors foreign must be welcomed while going through the potential encouragements and their measures of security. They could be furnished industrial infrastructure, liberate electricity, the creating potential work also the tax liberates the zone for the industrial and commercial goals the vital condition of the day. xiii) Formation capital: The economical development is depending on money and the market of capitals and if money and the capital market are in the economy of damaged position would be also in the declined position. For the true Govt of development. the expenditure, the consumption and the economies must be floated to the level for that the capital and to the optimum monetary markets easily could run. xiv) The stable strategy of dog on duty: The matter activities should be do or liberate the reign or on regulated but they should be kept marginal position to keep the matter activities liberate intervention of Govt. the officers. A strict vigilance should be kept on Govt. the officer for that they could not put unjustified influence on the commercial activities. xv) The obstacle of System of Coalition: This is a form of exploitation of the consumers by a group or a multiple groups of gigantic industries with a tendency to have profits maxima by the fixing price exorbitant of their products. By the fiscal state of political one must take soothing steps for the optimum and healthy competition of the market for that the victory-to-the victory position in the market could prevail c. -a -d. the manufacturers and the consumers that the two are taken advantage. xvi) Remove favoritism, nepotism and politism: All the general directors of bank industries and of financial institutions of development or of others post keys purely should be done on the basis of merit as the merit kills the whole type of faults. The financial decisions should be free of nepotism, politism and invested the interest. xvii) Remove widened the gap in remuneration: There is sky to touch the gap in the honorary one between the aristocracy workers (the first frameworks) and the workers of class workers said that the frameworks of class of summit receive $10,000/- afternoon on the other workers of class worker of hand obtain only $100/- afternoon. It is too many gaps especially to observe in the third world countries (the progressive countries) that creates anarchy, rebellion and the hate among the workers of class worker that take the low productivity. If the true governance is imposed on everywhere in the world this widened gap in the salaries will be brought at the optimum level otherwise nature will have to do its matters. It should be kept present to the spirit that to raise the satisfaction of workers of productivity is vital. xviii) Remove injustices: It is the Celestial truth that affable justice the happiness and prosperity while affable injustice the catastrophe, anarchy and the agitation in the corporation/the world. It is also the word of "CharChal" of Leader of Great Britain that if justice is prevailed in a country as no strength can beat the country. If the world supplies the peace of need and the quietness they should leave justice is spread in the world sturdily. Of more, raise economy governance in the business system, the dynamic decisions of economy base on the equity according to the time and the current environments must be done to have the economical development viable. xix) The obstacle that hides to contain: To give of the the system of bank operations hidden or parallel to the blood to the bank industries must be removed at the level of grass root while establishing/l' implementation of strict laws as they give the loss to the bank operations legalized. A big volume of changes is transferred by the non containing usage of the chains that cause the big loss to the ministry of the finances of Government just like the loss to the bank sector. The steps practice while going through the motivation and while going through the litigation could be established to exterminate the transfer of money of (illegal of System of Hundi) also strategy should be adopted to bring them in the bank chain. xx) Volume of average Class: To keep the quietness and the peace in the world on the basis viable the volume of average class should be increased while reducing the volume of summit and of class worker as this is the Fact that the true growth of economy in the world not can be attained unless the volume of average class is increased. The average class is the blessing on the world and if it is removed the world instantly will be eliminated. Monetary Etapes: I) The transmission of new Grades of Change: In the transmission of new change notes the central bank should keep it in the view that the monetary mass is not increased on his request. It should keep it also in the view as the collective provision of money is in accordance with the productions and the services that prevail in the markets for as the inflation could be limited. The amplest transmission of new grades of change inevitably could be supported with gold and the other precious metals to keep the change in the strong position and to the international norm. II) The reduction in Reserve Proportion: In everywhere in the world the bank sector does facing the lack of credit c. -a -d. credit creak that causes the stagnation of the financial activities. With the intention of Proportion of Reserve of monetary injection and with the intention of the reserve condition should be reduced until a certain one not at all. iii) Merger and Amalgamation: Because of the financial crisis a lot of banks of the world are not in a position to nourish blood in their bank activities redsultamment they do facing basic hardships to exist itself. To save them of collapse the process of amalgamation and of acquisition could be established on the basis of war foundation by the central banks with the collaboration of the chains of bank operations of his. iv) Microphone finances: To prosper it industries of cottage and of microphone finances farm of fish could be granted to the possible instigators and could have put vigilant eyes on their economical activities. v) Raise on the Industrial Loans and to small ladder: The loans must produce the activity and the productivity for that the economy could run easily and sturdily. By the monetary central Bank of steps can raise agricultural and industrial loans that the agricultural and industrial canvas is established in everywhere in the world to reduce the unemployment and increase PIB of the respective countries. vi) Obstacle Lodge the Construction and the Personal Loans: All the commercial banks are forced to not to grant BELGIAN TIME and the Personal Loans to their customers and mark supports. The only permanent employees of banks would be authorized to have Personal and the Constructing House of the Loans under the political respective one Bank. Finance lodging and the Personal Loans should be granted by the specialized banks as the Constructing House commercial Corporation of Finances and of even. vii) Induced agro-based of the institutions ae" the agro-based loans: This is the central responsibility of a bank to establish induced agro-based of the institutions to give trainings to the agricultural people oriented as for the not at all strategies to raise on agricultural products. The central bank must take the sturdy initiative that the major parties of agricultural loans could be granted in the form of agricultural engrenages under the lease system to avoid the corruption. It will raise also on the agricultural products. Bank Etapes: The customer A Oriented the Approach: The customers are the vertebral column of all the entity of matters and without the customers no entity of matters can run their matters ae" the customers are the wins bread and lose the customers is synonymous to lose the work that takes the bankruptcy or the insolvency. The customers must be satisfied while furnishing them the products of quality and the services for that during a long time relation could be maintained. The bank operations of child of launch: The major party of the world-wide population is consisted in children that must be motivated to the economy while launching the bank operations of child using their institutions and their educational custodians. While adopting this millions of quantities of practice will be put in common the sector until bank that could be used in the productive manners. The improvement of Profit: The bank industries do not grant due actions to their tenured ones of an account that cause the discontent for the bank customers. To raise on the volume of deposit and to attract the new proportion of profit of customers on their deposits student to appropriate the level. Ready to strict conditions: Strict general conditions and rigid should be imposed on to treat the case of personal and unproductive loans that their volume should be reduced. Risky loans: The strategies must be adopted by the bank sector to resume the remarkable risky loans. The Products of Dynamics of launch: To have funds of the public that the bank sector should launch the dynamics products in the market on which take advantage are dynamic and the increase on with the time passage. Business Etapes: Of business c. -a -d. the private sector plays an important role in the economical development while going through their huge actions in the economy. They play also an important role in the formation capital by the direct and investment indirect. The business sector must be forced to take the following initiatives for the well-being of the masses. The Civic Responsibility of business: All the Sectors of business must allocate some resolved percentage of their income of business for mass well-being as the school construction, the universities, the hospitals, the game reason etc. The education of children of employees: All the Sectors of business must carry the expenditure of education of at least two offspring of every functioning of employee in their sector upto Matric (Secondary) Levels. Medical cover: All the Sectors of business must be forced to spread complete medical establishments to their employees under the Medical Systems of Assurance by the contribution of employees employers more.
Tax on the corporations: All Business sectors must be forced to deposit all ra¨glementaires and taxes on the corporations imposed under the rules of the Earth to Govt. the ministry of the finances and does not imply in the fiscal fraud. The public/the Corporation Walks: The attitudes of men towards are not able any others to attribute to increase to the brand. They do not follow the instructions under renowned of the Holy Prophet in their matters and their commerces domesticate:- "Although you like for likes you the same for others" If we follow the above mentioned instructions (the piece of gilded counsel) with the letter and the spirit I assure you that several evil that prevail in the world would be eliminated. I want to divide a basic example of attitude of hypocrite of a common man. When a person is employed in any organization that it desires to have advantages maxima of his employer as the bonus, the benefits of days, Lodge Loans Construction, the leaf encaissement, the complete medical establishments, the foreign turn etc. On the other hand when it spreads the job to someone for the goals domesticate that it wants to give him the salaries minima (to the under rate of the market) and not the benefits of days and other legitimate advantages. Of this manner it exploits the workers domesticate that otherwise must be avoided it can become harmful for the person that exploits or the persons as the exploitation produce vengeance and disgusting. The people are counseled to follow the instructions of the Holy Prophet and obtain the blessing of otherwise ready Allah to do facing consequences. Economy: The people are counseled to keep the balance between the expenditure and the income to avoid the bankruptcy as on the expenditure beyond income takes to the man to spread itself the hand before someone.
Economy: The people are counseled to adopt the economy habit for that they could not injure poorly by the unforeseen events. The action to avoid parade: A harmful element of the corporation can be attributed to the tendency of frimeur that takes to collapses the environment and lowers the average class. We should not do the fax The elite people practice and should adhere to our own capacity. Why is the crisis arriving? Allah wants to disseminate the knowledge in the different manners and a method of knowledge of broadcasting is emerging crisis in the different sectors that create an activity while going through the contemplation to obtain the causes of crisis and establishes steps to remove it. Imagine itself if the crisis had not arrived from activity in this direction would have been established and we were deprived of a segment of knowledge. It is established the Fact that because of limited rationality cannot prevent us the crisis totally but by the straight blow soothing steps we can reduce his impact on the economy as let us know ourselves that the world is a center and a moments of essay of process between the human beings age. We must do them facing and should do the strategy to overcome the crisis while going through in advance the steps for that we could not affect harshly with the crisis strike. The affable time of the changes if we should determine in advance the changes to have arrived in the future close. The observation of determine in advance of the changes are as knowledges Risk the Strategy of Direction Which implies the following activities that must be executed to address the unexpected and risks unforeseen. Ampler as know us than this risk and the matters go together but do not risk is certain and because of the uncertainty of activities of assurance of risk to cover the risk sturdily is existed in the market. Placement funds in common top: One put in common on the funds that create the Capital of Restoration of Disaster must be established to soften the risk. Back up the Economy We should do in order the very safeguard major of the variables of economy as the reserves of different categories of economy if in the days of crisis that these supports could run the economy easily. The Project of Continuity of economy The Project of Continuity of economy must be established in concevoant a strategy and in View the variables the economical especially economies, the consumption, the investment and national income. The Project of Continuity of liquidity During the booms ages all the business of matters containing especially the sector must establish the Project of Continuity of Liquidity and allocates reasonable funds for the goal. IT/THE Project of Continuity of Matters: Support of band and the Site of Restoration of Disaster must be prepared &the amplifier; established for that all the activities of matters could continue on the disaster occasion. Water Reservoirs In the next age that the war out can be broken on the water problem. To save the humanity of the disaster of war it the responsibility of strengths and world-wide united Nations to be prepared reservoirs of water on the first basis of priority in everywhere in the world as water cannot be produced. Stock of reinforcement of Food We should keep the gigantic stock of items food that render capable to nourish ourselves the humanity in sterile and times unproductive. The conclusion/abstracts and the Words Keys: To the final one I conclude with the remarks that all the types of exploitation/the injustices must be removed in any economical and social system the interest based the economy must be transformed in the service economy based ae" the Norm of Echange in now all must be rekindled continuation - the Etapes could be taken to prosper poor and the class equals environment while reducing the volume of millionaire and of millionaire ae" the strategy must be adopted to distribute wealth the results of upto to attain the economical growth viable and equitable ae" educated the masses on the basis equal especially in human ethics, the science and the agricultural spheres ae" ready to do facing of the "process" and tries to understand the teaching brand by Allah in the different manners ae" does not cross the spare tire of salvage in the consumer respect and of expenditure ae" the unproductive loans must be shortened ae" the productive loans must be improved ae" appropriates economies must be adopted ae" The war on the terror must be approached by the moderate manners base on the justice to win the people hearts not body - by over all should adopt us the recognition habit to Allah on Its innumerable blessings and let us are Patient on boredoms. **********************************
Of: Syed Manazir-ul-Haq, R-71, the Pad-3, Gulistan-e-Jauhar, Karachi The Pakistan e-mail manazarulhaq@sbp. org. pk
Profile: The author works in a central Bank of Pakistan (the Bank of Pakistan of the state) in the capacity of Degree d'Officier-2. It is M.UN. (The economical science) of the University of Karachi + DAIBP (P-1) (Containing Diploma) of Institute of Bankers to Pakistan. It crossed 48 years of his life. It does not carry any disease remarkable by the blessing of Omnipotent Allah.
Ref: I) the Grade of Political one ae" Crisis of Mortgage of Subprime of United States and its Implications for Economy World-wide by Nadia Nasir, SBP ae" September, 2007 II) the economical Science of Macro ae" by Shahid Hamid iii) the financial crisis of 2007-2009 ae" Wikipedia ae" the free encyclopedia (internet)
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