Pakistan-India: Peace or hostility | Revised Article

This is a revised version of last article on the topic of Pakistan-India: Peace or Hostility. This article reveals more critical and important points related to Pakistan-India relationships and this impact on this region of Asia.

Pakistan and India were born out of conflict in 1947. Both, since then, are at loggerheads. Their hostility has stunted the potential of region to blossom into a hub of peace, growth, development and prosperity. Three full-scale wars have failed to supply both Islamabad and New Delhi a lesson of peace. Rather two sides are busy in piling up military hardware aimed at each other. A hand extended towards friendship is chopped off by the hand entrenched in chauvinism. Kashmir is a major cause of concern for both states. It is still unresolved. Islamabad says that Kashmir is a part of its territory and it must be liberated from Indian side. However, India asserts that this matter has been settled and there will be no partition on religious lines again.

In this environment of unabated hostility, there are also some aberrations of promoting peace. The Simla Accord could have proved to be a real instigator of peace. But Pakistan’s close alliance with China, Bhutto’s mercurial style of politics, Indra’s tough stance and U.S.-China détente prevented peace process. India regional ambitions to play power games always hinder every genuine move from Islamabad’s quarter. Military of Pakistan has vested interests in pursuing hostility with India. In fact, Islamabad’s foreign and security policies revolve around India.

A CSS candidate can prepare this article for Current Affairs, Pakistan Affairs and even can prepare for essay.

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Pakistan-India: Peace or hostility

This article deals with the continuity of hostility between Pakistan and India and underlines the structural reasons being their rivalry. It also exhibits that peace between them is not a forlorn hope. It can be achieved.

Pakistan and India were born out of conflict in 1947. Both, since then, are at loggerheads. Their hostility has stunted the potential of region to blossom into a hub of peace and prosperity. Three full-scale wars have failed to supply both Islamabad and New Delhi a lesson of peace. Rather two sides are busy in piling up military hardware aimed at each other. A hand extended towards friendship is chopped off by the hand entrenched in chauvinism. Kashmir is a major cause of concern for both states. It is still unresolved. Islamabad says that Kashmir is a part of its territory and it must be liberated from Indian side. However, India asserts that this matter has been settled and there will be no partition on religious lines again.

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Predictive Link in Asset, Prices and Inflation

Change in asset and consumer prices have steady but vital impact on inflation. The relationship has been in the limelight again in the last decade. In many countries like Japan and UK, constant rise in asset prices brings inflation in the consumer market. It is very important to keep consumer prices in control to keep asset prices stagnant even in short period of time; at least for an economic period. It seems important, therefore, to ascertain whether asset prices influence consumer prices in general, for a broader spectrum of countries. This research article has very brief and beautiful explanation of the concept with an example. Author choose a sample including major industrial countries as well as emerging markets, and test for the significance of housing prices and share prices in predicting inflations.
Author: Batavia, Bala, Nandakumar, Parameswaran, Wague, Cheick
Source: Indian Institute of Management Kozhikode