Faculty / School

Faculty of Business Administration (FBA)

Department

Department of Social Sciences & Liberal Arts

Was this content written or created while at IBA?

Yes

Document Type

Conference Paper

Publication Date

10-13-2012

Author Affiliation

  • Dr. Ishrat Husain is Dean and Director at Institute of Business Administration, Karachi.

Conference Name

The Citizens Foundation Fund raising event

Conference Location

Seattle, USA

Conference Dates

October 13, 2012

First Page

1

Last Page

6

Keywords

Education, TCF School, Education development, Knowledge Economy

Abstract / Description

I wish to commend the TCF Chapter of Seattle for organizing this Fund raising event and for the past efforts they have made in sponsoring several TCF schools in various parts of the country. Overseas Pakistanis have proved to be a big supporter of TCF in its operations and expansion. Both the attendance at today’s event and your enthusiastic response have inspired me.

Before I dwell upon the current situation and future prospects facing Education in Pakistan let me place this topic in the context of the overall trends in the global economy.

The equilibrium of economic power has begun to shift from the traditional western block of North America, Europe and Japan towards the Emerging and Developing Economies (EDEs) led by China. Two thirds of the World economic growth in the recent years has been contributed by the EDEs. China, India, Indonesia, Brazil, Turkey, Russia, Mexico and South Africa are likely to be the leading nations in expanding world output of goods and services.

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