Pakistan Clampdown: Setback For Democracy, Fine For Business

[Joanne98]

Source: Forbes

Activists and Pakistan’s pro-democracy lawyers may be alarmed by the declaration of emergency rule, but the business community isn’t as worried.

What worries them is the prospect that military ruler Pervez Musharraf could lose his grip on power.

The relatively firm rule of the president general has been good for the economy, with steady growth, a rising stock market and substantial economic aid from the West.

“There is uncertainty among the business community, but Musharraf seems to have the situation under control. The latest developments have more of a political face than an economic one,” said Naushin Mahmood, director of the Islamabad-based Pakistan Institute of Development Economics.




Read more: http://www.forbes.com/emergingmarkets/2007/11/05/pakistan-emergency-analysis-cx_rd_1105markets53.html

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Isn't that the truth. All the fascists know that you don't need Democracy for capitalism to flourish! They found that out in China! Boy! These Paki business men must have went to School at the University of Chicago!

[Solon]

1. Business has a contempt for Democracy....

Fuckers :grr:

[gratuitous]

2. Well, as long as the moneyed interests feel okay

I guess this whole repressive dictatorship thing will be okay, too. And the nuclear weapons won't fall into the wrong hands.

But by the Christ you lot will take your fucking shoes off before boarding a plane, because that will keep us safe, safe, safe.

[krkaufman]

3. Hmmm... business isn't concerned with democracy. There's a news flash. n/t