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Human capital is the value that the employees of a business provide through the application of skills, know-how and expertise. [43] It is an organization's combined human capability for solving business problems. Human capital is inherent in people and cannot be owned by an organization.
Mahbub ul-Haq (Urdu: محبوب الحق; () 24 February 1934 – 16 July 1998) was a Pakistani economist, international development theorist, and politician who served as the minister of Finance from 10 April 1985 to 28 January 1986, and again from June to December 1988 as a caretaker.
The flight of human capital costs the government over $38 billion annually, two times the revenues received from selling oil. Under the provisions of a five-year development plan, the country is trying to create jobs for its unemployed population, though the results of these efforts have not yet materialized.
The 1990s (often referred and shortened to as "the '90s" or "the Nineties") was the decade that began on 1 January 1990, and ended on 31 December 1999. Known as the " post-Cold War decade ", the 1990s were culturally imagined as the period from the Revolutions of 1989 until the September 11 attacks in 2001. [ 1 ]
The liberalisation methods raised country's GDP growth at 9.38% (1964), 8.71% (1980s) and 8.97% (2004–07). After exclusive establishment of Pakistan, the country's economic policy for the rapid growth of the national economy was deeply understood and extensive efforts were carried out by the government of Prime minister Liaquat Ali Khan in 1947. [2]
During the 1980s and 1990s, while the inflow of foreign workers remained steady, the demographic composition of these migration flows changed. While the initial part of the third wave mainly brought Arab migrant workers to the Persian Gulf region, their numbers declined during the 1980s and 1990s as they were replaced with Southeast Asian migrants.
The total GDP per capita stood between 8.4% (in the 1970s) and 8.3% (in 1993–96), periods of nationalisation.. The nationalisation process in Pakistan [1] (or historically simply regarded as the "Nationalisation in Pakistan") was a policy measure programme in the economic history of Pakistan that negatively impacted the country's industrialization and undermined the trust of businessmen and ...
This shift introduced intricate geometric patterns, arabesques, and calligraphy, replacing the Buddhist emphasis on human and animal depictions, which are generally avoided in Islamic art and architecture. The most important building from this era still standing is the tomb of Shah Rukn-i-Alam in Multan. During the Mughal era, design elements ...