Evaporation Drops the Temperature

If only it were as simple as that:

humm nay jabb waadi-e-ghurbat mein qadam rakha tha

douur takk yaad-i-watan aayee thii samjhanay ko

Re: Jay

I think corruption has an effect of undermining the economic system itself. When loans are approved without merit and the borrowers do not use it for the purposes it was meant for and the industries fail, losses mount it does have negative effect. When corruption is as institutionalized as it is in Pakistan it effects the legal and justice system. Public loses confidence in the system and govt. Long term investment dwindles. Strategic investment initiatives are passed over for ones that are more profitable for the corrupt decision-makers. That is the cost of corruption in Pakistan and other third world countries.

The cost of corruption in economic system is bad decision, which in the least leads to loss of efficiency and in the most loss of investment and failure of pubic policy. In the absence of public scrutiny (evidence of corruption of public office holders) the bank manager will pick the candidate who would provide the optimal benefit to him/her. This may not be from the two comparable competitors.



The cost of corruption in legal and justice system is citizen and human rights abuse and confidence lost in the system.

Ultimately it may lead to complete break down of the entire society.

This is when people wish for ‘GOD’ to save them because everybody else has failed them.

Re: Lakhania # 18

I came here eleven years ago. For the first few years I felt much the same way that you do now. Although I am not as homesick as I used to be, I have not forgotten that home either. And I have a new home now. Success is not just material gain, it is the feeling of achievement and fulfillment. Don’t let the unnecessary guilt get in the way of your achieving your goals. If I had to do it over I will do it the same way.

Boond ko gohar bana deta hay zandane sadaff

Qaid-e-Tanhaai MaiN Ham nay Iss Liyae Katay Barass

sorry for the repeat in my reply #20

Actually, there is a much bigger wind of change than anything the expatriate Pakistanis can provide. This is the revolution in information technology and global communications which is making the progressive societies on this planet even more dynamic than before and furthermore makes the stagnant societies (like good old Pakistani society) part of the same gas tank. Of course the expat Pakisanis can and should do what they can (financial support to opening new schools, direct investments, and so on), and the global winds would seem to be on their side too.

saaf-go, on corruption again. Here is story from england.

nearly seven years ago, the empire that maxwell built, collapsed under a debt of 6 billion dollars. The son maxwell, said he has no money to pay, he was declared bankrupt. He registered for the unemployment benefit, turned up in a mercedes. He stayed in a 60 room manor house, in his wifes name. His children continued in the boarding school at $8000 a term, paid by the relatives. His relatives supported in him establishing a telco company and four years later he is a billionaire.

Nobody in England is palking about corruption, in a third world country it would be termed monumental corruption. Is it possible that people who have no oppertunity to amass wealth through `corruption` keep talking about corruption.

Ref:#24,

Jay.

The story of maxwell may be partly true. The reason that you don’t find every body bothering about it is that the institutions charged with the duty are performing their job to the maximum. The Britons do not have to clamour for justice. They have confidence in their legal system and there are little loopholes. The difference a criminal would find in the two societies is that there he knows that if his crime is reported, may be he can stay at large for some time. But once apprehended he does not have any chance of getting away whereas here the criminal is sure that he can stay free for ever and if apprehended his chances to freedom are numerous, although the degree and ratio of crime may be somewhat equal both areas.

tariqlodi.