Information poverty

“Google: The right information at the right time in the hands of people has enormous power.”:http://googleblog.blogspot.com/2008/10/information-poverty.html

bq.. Despite hundreds of millions of dollars spent each year on providing basic public services like primary education, health, water, and sanitation to poor communities, poverty in much of Sub-Saharan Africa persists. *Where does this money go, who gets it, and what are the results of the resources invested?* That’s where we find a big black hole of information and a lack of basic accountability. *How do inputs (dollars spent) turn into outputs (schools, clinics, and wells), and, more importantly, how do outputs translate into results (literate and healthy children, clean water, etc.)?*

We simply don’t know the answers to most of these basic questions. But what if we could? What if a mother could find out how much money was budgeted for her daughter’s school each year and how much of it was received? What if she and other parents could report how often teachers are absent from school or whether health clinics have the medicines they are supposed to carry? What if citizens could access and report on basic information to determine value for money as tax payers?

The work of The Social Development Network (SODNET) in Kenya is illustrative. They are developing a simple budget-tracking tool that allows citizens to track the allocation, use, and ultimate result of government funds earmarked for infrastructure projects in their districts. *The tool is intended to create transparency in the use of tax revenues and answer the simple question: Are resources reaching their intended beneficiaries?* Using tools like maps, they are able to overlay information that begins to tell a compelling story.

Read moreInformation poverty

While the rest of the world is poised on a cliff, the Pakistan economy has already fallen off

Rumors stalk the crumbling land, each one trying to lay claim to a bigger piece of the explanation as to what’s happening in the country.

From the rumors it looks like the country has had it. Shaukat Tareen and the State bank governor has flown off to foreign lands to beg for money, a govt. spokesman is on TV claiming that Pakistan is not bankrupt – meaning it is, striking fear left right and center. Some of the -rumors- stories floating around:

* The country is bankrupt. This is not a rumor, as the govt. has confirmed it.

* The rupee is over valued, and despite crashing, the govt. says it’s still overvalued.

* A number of large corporate groups are near bankruptcy

* A few of the large stockbrokers are bankrupt

* Exports are falling, and thus unemployment is increasing

* Foreign capital is flying out of Pakistan

* You can’t remit money officially from Pakistan

* Mutual funds aren’t letting investors take out money

What’s going to happen? Will the usual bailout show up in time? Of course it will, but in the meantime the country is just about economically dead.

Read moreWhile the rest of the world is poised on a cliff, the Pakistan economy has already fallen off

You know your country is fucked when….

The BBC reports that “Pakistanis flee into Afghanistan”:http://news.bbc.co.uk/2/hi/south_asia/7642015.stm:

bq.. The UN says 20,000 people have fled Pakistan’s tribal area of Bajaur for Afghanistan amid fighting between troops and militants in recent months.

The UN’s refugee agency says almost 4,000 families have crossed north-west into Afghanistan’s Kunar province.

The army began a sustained campaign against militants in Bajaur nearly two months ago.

Some 300,000 others have fled east within Pakistan in recent weeks with many of them living in temporary camps.

Read moreYou know your country is fucked when….

Tarun Khanna: Billions of Entrepreneurs

!http://ko.offroadpakistan.com/images/2008/khanna.jpg! Interesting book on how business is done in India and China, though not as good as the reviews on Amazon make it out to be. It seems overly directed towards the western reader who doesn’t have much knowledge of the two countries, and hasn’t read much else about them.

The basic gist of the book is that India and China have two very different approaches to business, and both countries have to be dealt with very differently.

There are lots of examples in the book, but there is where Friedman is better, in his book “The World is Flat”:http://ko.offroadpakistan.com/2006/12/thomas_freidman_the_world_is_flat_1.html. Both books have their flaws, but the hundered of examples and anecdotes in both of them make them a worthwhile read.

Read moreTarun Khanna: Billions of Entrepreneurs

The gigantic house of cards, formerly known as Wall Street

Now, you’d be better off buying a copy of “Nassim Taleb’s The Black Swan”:http://ko.offroadpakistan.com/2008/05/nassim_nicholas_taleb_the_black_swan.html and reading that, but here is the extremely simplified version of one aspect of the giant monolith which was the American financial house of cards:

Back in the days, we had these things called banks. They took in money from people, and lent it out to other people, who did something with that money and thus were able to pay it back with interest. Now, even back than, banking wasn’t this simple, but this portion constituted a significant part of what banks did back then. Sure, they bought lots of stuff, and invested all over the place, but as JP Morgan, the most powerful banker ever, famously said, “If you can’t draw it on a napkin with a crayon, don’t buy it”.

By and large, besides funding a war here and there, bankers stuck to the basics and made money hand over fist. Till such time they lost it all, which happened periodically, like the great depression in 1939, and Black Monday in 1987.

So this is the image which people have of things to this day – that banks take in deposits, give out loans, and make money on the interest paid on loans. Now, sure, banks and the other bank like institutions still do this, but this has been a small part of their business for the last couple of decades now. This is the part which is the toughest for people to grasp – that none of the large American banks are banks in the traditional sense of the word. Here someone might ask, if not banks, than what the hell are they?

The plain answer is that no one knows.

The short answer is that the American financial system is the greatest pyramid scheme ever, a house of cards stacked so high over the entire world that it’s collapse is going to be wrecking havoc for years to come.

Read moreThe gigantic house of cards, formerly known as Wall Street

Pakistani Senator says burying alive three teenage girls and two women is part of “our tribal custom”

Today’s doom and gloom newspaper report on Pakistan reminded me of General Napier’s famous quote on the subcontinental custom of burning widows alive with their husband’s body, back when the British banned it:

bq. You say that it is your custom to burn widows. Very well. We also have a custom: when men burn a woman alive, we tie a rope around their necks and we hang them. Build your funeral pyre; beside it, my carpenters will build a gallows. You may follow your custom. And then we will follow ours.

The ban on burning women alive, often against their will, was challenged in both Indian and British courts, and I think General Napeir’s quote best sums up what came of that.

A important legal aspect of the Sati law: *The law now makes no distinction between passive observers to the act, and active promoters of the event; all are supposed to be held equally culpable.*

Senator Sardar Israrullah Zehri, along with many other Senators are liable for murder – Sati was abolished in Pakistan back in 1829 under British colonial rule. Burying is not that much different from burning… the Sati laws is still on the books, since we inherited all the old colonial laws, and the Senator should be tried under it.

Read morePakistani Senator says burying alive three teenage girls and two women is part of “our tribal custom”

News of the day: Asif Ali Zardari ‘suffering from severe mental problems’

The UK paper “Telegraph reports”:http://www.telegraph.co.uk/news/worldnews/asia/pakistan/2622123/Pakistan-presidential-candidate-Asif-Ali-Zardari-suffering-from-severe-mental-problems.html:

bq.. Mr Zardari, co-chair of the Pakistan People’s Party, was diagnosed with a range of psychiatric illnesses, including dementia, major depressive disorder and post-traumatic stress disorder.

The illnesses were said to be linked to the fact that he has spent 11 of the past 20 years in Pakistani prisons fighting charges of corruption. He claims to have been tortured during his incarceration.

In March 2007 New York psychiatrist Philip Saltiel found that Mr Zardari’s time in detention left him with severe “emotional instability”, memory loss and concentration problems, according to court documents seen by the Financial Times.

“I do not see any improvement in these issues for at least a year,” he wrote.

p. Neither do we, here in Pakistan. Now the “whole world knows”:http://news.google.com/news?hl=en&nolr=1&q=zardari+mental&btnG=Search what we here in Pakistan have known since the 80’s – that Zardari is insane, and by marriage so was Bhutto.

Read moreNews of the day: Asif Ali Zardari ‘suffering from severe mental problems’

M. Asghar Khan: We’ve learnt nothing from history

!http://ko.offroadpakistan.com/images/2008/asgharkhan.jpg! A first hand account of Pakistan’s history – Asghar Khan has lived through it all, and has been involved with all the major political and army leaders throughout Pakistan’s history. If not for Bhutto’s rigging and Zial Huq’s coup, Asghar Khan would now be written in the history books. It’s a testament to the threat he posed to the powers that be that despite the impact he had on Pakistani politics, he’s been written out of the official histories of Pakistan, both by Zia and than by Bhutto, who both disliked him intensely – Bhutto tried to kill him, while Zia put him in jail for years.

The book is highly readable and very interesting – Asghar Khan speaks of personalities and behind the scenes details which the official histories leave out. Asghar Khan is one of the few honest politicians in Pakistan, and now approaching 90 he doesn’t have much to fear from anyone – the book is a honest overview of how he lived through politics, starting from Partition and ending midway through Musharraf’s reign

.

Read moreM. Asghar Khan: We’ve learnt nothing from history

From Baghdad to London: Lessons from one thousand years of urbanisation in Europe and the Arab world

Interesting article on “historical urbanization and the difference b/w European and Arabic cities:”:http://www.voxeu.org/index.php?q=node/1282

bq.. _Baghdad was a wonder of the world in the year 800 while London was an economic backwater. By 1800, London was the largest city in the world while Arab cities languished. Recent research attributes this ‘trading places’ to institutional differences: Arab cities were tied to the fate of the state while European cities were independent growth poles._

Why did the Industrial Revolution begin in northwestern Europe? At the turning of the first millennium, Europe was a backward part of the world economy with low levels of urbanisation and income. But between 1000 and 1800, Europe surged from a backwater of the world economy to its most dynamic region. Understanding this development is a major challenge for economists and economic historians.

Read moreFrom Baghdad to London: Lessons from one thousand years of urbanisation in Europe and the Arab world