1. Development studies
Role of state in developments
SAFWAN HASHMI
Introduction To
Development Studies
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ASSIGMENT # 01
Name: SAFWAN HASHMI
PROGRAME: - BSCS (1-B)
ENROLLMENT ID: 01-134102-067
TEACHER NAME: Zahid Abdullah
SUBJECT NAME: INTRO TO DS
2. Development studies
Role of state in developments
SAFWAN HASHMI
What Is Development?
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 resources
Give incentive to attract foreign investors
Reduce poverty
Efficient use of natural resources
Less reliance on foreign resistance
Establishment of number industrial state
Reduce unemployment
Efficient & effective management in different sector
Don’t give the jobs on the basis of discrimination(age, cast ,sex etc)
Less reliance on import
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Increase the export
Stable political system
Improve the law & order situation
To encourage the youth in development
Workshops for youth
Peoples has full freedom in taking his political & economic decision
State ownership of the natural resource
Reduce inflation
Free trade
Reduce the tariff & Quetta on imported goods
Offer a grade portion budget for education & health sector
3. Development studies
Role of state in developments
SAFWAN HASHMI
Privatization & nationalization
Role of state bank
Federal Efforts to Control Monopoly
Now detail of above mentioned points
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4. Development studies
Role of state in developments
SAFWAN HASHMI
To establish Financial institution
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.
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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.
5. Development studies
Role of state in developments
SAFWAN HASHMI
Give incentive to attract foreign investors
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.
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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
6. Development studies
Role of state in developments
SAFWAN HASHMI
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
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 immobility
Policies 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
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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.
7. 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
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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.
8. 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 institution
Allocation(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 population
Child labors restrictions
State give the preference to social benefits rather then individual
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Reduce the corruption
Establishment of perfectly competitive markets
Effects of progressive and regressive taxes
Create investment opportunities
Foreign trade, remittances, aid, and investment
Keep a good relationship with others countries
Government make portfolio investment in different countries