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Development studies

Role of state in developments

SAFWAN HASHMI

Introduction To Development Studies

ASSIGMENT # 01

Name: SAFWAN HASHMI

PROGRAME: - BSCS (1-B)

ENROLLMENT ID: 01-134102-067

TEACHER NAME: Zahid Abdullah

SUBJECT NAME: INTRO TO DS

What Is Development?

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Development studies

Role of state in developments

SAFWAN HASHMI

Development describes the growth of humans throughout the lifespan, from conception to death. The scientific study of human development seeks to understand and explain how and why people change throughout life. This includes all aspects of human growth, including physical, emotional, intellectual, social, perceptual, and personality development.

ECONOMIC DEVELOPMENT AND THE ROLE OF THE STATE:-

To establish Financial institution Long term plan for development Efficient use of natural resourcesGive incentive to attract foreign investorsReduce povertyEfficient use of natural resourcesLess reliance on foreign resistance Establishment of number industrial state Reduce unemployment Efficient & effective management in different sectorDon’t give the jobs on the basis of discrimination(age, cast ,sex etc)Less reliance on import Increase the exportStable political systemImprove the law & order situationTo encourage the youth in developmentWorkshops for youthPeoples has full freedom in taking his political & economic decision State ownership of the natural resource Reduce inflationFree trade Reduce the tariff & Quetta on imported goodsOffer a grade portion budget for education & health sectorPrivatization & nationalization Role of state bank

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Development studies

Role of state in developments

SAFWAN HASHMI

Federal Efforts to Control Monopoly

Now detail of above mentioned points

To establish Financial institution

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Development studies

Role of state in developments

SAFWAN HASHMI

Financial institutions are those organizations that are involved in providing various types of financial services to their customers. The financial institutions are controlled and supervised by the rules and regulations delineated by government authorities. Some of the financial institutions also function as mediators in share markets and debt security markets. There the principal function of financial institutions is to collect funds from the investors and direct the funds to various financial services providers in search for those funds.

These are the various Financial Institutions: Banks Stock Brokerage Firms Non Banking Financial Institutions Building Societies Asset Management Firms Credit Unions Insurance Companies

Financial institutions deal with various financial activities associated with bonds, debentures, stocks, loans, risk diversification, insurance, hedging, retirement planning, investment, portfolio management. These institutions provide help to investor, to take interest in investment provide money for investment.

Long term plan for development

Long term planning is necessary for development.

Efficient use of natural resources

It’s the responsibility of the government that it provides plate for to the industries for efficient use of natural resource. It’s the responsibility to protect their natural resource from illegal use.

Give incentive to attract foreign investors

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Development studies

Role of state in developments

SAFWAN HASHMI

State gives incentive to attract the foreign investor. State creates the source for the employment. State gives in-surety to foreign investor that have great profit in investment in the country to take interest.

Reduce poverty

Government should reduce the poverty level .It is the obstacle against development of country. Due achieve these goals labor child reduce. People get educations and play an impotent role in the development of the country.

Efficient use of natural resources

It’s the responsibility of the government that it provides plate to the industries for efficient use of natural resource. It’s the responsibility to protect their natural resource from illegal use.

Less reliance on foreign resistance

One of the main points that is necessary for development is less reliance on foreign resistance. Used their own product produce by her industries. Do not depend on for products. Ensure the quality of product because people take interest to bought their own country product and do not depend on foreign industries in foreign countries.

Establishment of number industrial state

Government should establish number of states to give the opportunities’ to people .Due to number of industries lot a job create in the country ,dye to this poverty reduce in the country. Unemployment reduces in the country.

Reduce unemployment

Government should take action to reduce the unemployment in the country. Government should create opportunities’ jobs for citizens with in country and take measure to reduce unemployment. State should make polices that are following

An improvement in the employability of the labor supply - so that the unemployed have the right skills to take up the available job opportunities. Policies should focus on improving the occupational mobility of labor

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Development studies

Role of state in developments

SAFWAN HASHMI

An improvement in the incentives for people to search and then accept paid work .

A sustained period of economic growth so that new jobs are being created - this requires that aggregate demand is sufficiently high for businesses to be looking to expand their workforces

Improving skills and reducing occupational immobilityPolicies should provide the unemployed with the skills they need to find re-employment and improve the incentives to find work. Structural unemployment is the result of workers being occupationally immobile - improvements in education and training will increase the human capital of these workers, and therefore give them a better chance of taking the new jobs that become available in the economy.

Efficient & effective management in different sector

State should provide Efficient and effective management in different sector. That work on the interest of country. Management provides good result and creates a opportunities’ for the people of country.

Don’t give the jobs on the basis of discrimination(age, cast ,sex etc)

Don’t give jobs on basis of discrimination. Ever people have right liked other people living with in same country. They have right to work any ware in the country on the basis of his skills and education not on cast, sex and age. Discrimination is a obstacle in some under-development countries. Government should take measure against such institutions.

Less reliance on import

State less depends upon import and make huge taxes on foreign products that people should bought country product rather then foreign products. This will make huge amount of revenue that help in to create more industries, opportunities for investment & foreign investor take interest in business in such country.

Increase the export

Increase the export and as result bought secondary that are not available in the country. And due export high revenue is generated.

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Development studies

Role of state in developments

SAFWAN HASHMI

Stable political system

State should provide stable political system for investments. Make industries in different areas. Provide incentive to foreign investor to take interest. If the political system can’t stable then as result investor can’t take interest in investment.state should provide batter in batter environment for investment.

Improve the law & order situation

State should improve law and order situation for investments. Provide incentive to foreign investor to take interest. If the law and order situation can’t stable in the country then as result investor can’t take interest in investment. They know that their investment shouldn’t give the profit to him because of law and order situation.

To encourage the youth in development

Government should provide the plate form for youth to take interest in national development.

Workshops for youth Special classes for youth in college level education

State ownership of the natural resource

State is only owner of the natural resource for efficient and effective manners. Government provides a plate form to industries for efficient use of natural resource.

Reduce inflation

State should reduce the inhalation in the country. Its have great effect on development.

Free trade

Every person has a right to establish the business. State should provide the en-surety of free trade all over the country.

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Development studies

Role of state in developments

SAFWAN HASHMI

Reduce the tariff & Quetta on imported goods

State should reduce the tariff on imported good.

Offer a grade portion budget for education & health sector

Government should offer grade portion of budget for education & health sector.

Role of state bank

State bank provide financial help to investor & to other investment companies.

Federal Efforts to Control Monopoly

Federal government takes against monopoly. Monopoly is an obstacle in development.

Some other action that is taken by the state is given below:-

Annual Audits of government & private institutionAllocation(correcting market failures merit/demerit goods)Redistribution(redistributive tax structure, redistribution in cash and in kind)Stabilization(fiscal policy, monetary policy)Effective planning to reduce the populationChild labors restrictionsState give the preference to social benefits rather then individual Reduce the corruptionEstablishment of perfectly competitive marketsEffects of progressive and regressive taxesCreate investment opportunities Foreign trade, remittances, aid, and investmentKeep a good relationship with others countriesGovernment make portfolio investment in different countries