blackmarket & black money
DESCRIPTION
violation of national and international legislation to double the money.TRANSCRIPT
Presented by:
Kehkashan KarimYoumna LeghariNadia ShehzadRabia Nauhsad
what is black market ?
Economic Activity
Underground Market
Selling and buying
Trading of Weapons
Others Names of Black Market:
Parallel economy
Underground economy
Shadow economy
Categories of Black Market:
BLACK MARKET EFFACTED AREAS
Cigarette Smuggling: $89 Million
Counterfeit Goods and Piracy Market: $0.246 Billion ($246 Million)
Drug Trafficking: $4.8 Billion
Gas and Oil Smuggling: $66 Million
Heroin Price: $4.2 per gram
Illegal Logging: $782 Million
Music Piracy: $25 Million
Software Piracy: $166 Million
Total Country Black Market Value: $5.983 Billion
Human trafficking involves the sale of human beings.
Human trafficking commonly occurs across international borders.
Trafficking may also occur as a result of extreme poverty
Desperate parents may sell their children into slavery.
sometimes a prostitute will agree to be sold by her pimp as a result of fear, drug addiction, or other related reasons.
Human Trafficking
Black Market in fuels:
Four shops were discovered by Pakistan Today that are involved in selling fuel in black
"There are only two petrol pumps in our area; one is situated near the Saudabad Chowrangi and the other at Khokarapar.
the fuel purchaser don't seem to have any problems paying an extra five rupees
150 to 180 liter sold per day
Black market for kidneys in Pakistan
Pakistan has become the new Mecca for people seeking kidney transplants from across the world.
In Mominpura village in central Punjab, nearly 80 per cent of the residents have sold one of their two kidneys.
Pakistan is one of the few countries that does not ban organ sales or have any regulations governing them.
A mafia is running Pakistan's kidney transplant business with agents paying $1,000 to poor donors and then selling their kidneys on the black market for thousands of dollars, "Poverty is driving this illegal business
Which Countries Buy Nuclear Technology From PAK If you want to know who's a proliferators, follow A.Q. Khan's travel schedule." Khan has long argued that Muslim countries are entitled to the bomb. He traveled freely for years, meeting with officials in other countries.
Saudi Arabia and Abu Dhabi, both helped finance the Pakistani nuclear program;Algeria and Syria, which have expressed nuclear ambitions.Malaysia and Indonesia;Myanmar (Burma), Egypt where A.Q, Khan reportedly met with officials.
causes of black market:
When the supply of goods is not equal to the demands
when the income level of the people are not sufficient.
Policies should make to reduce the black market.
Vicious circle of corruption is major cause of Black Economy
There is no Controls on licensing system.
Causes of black market:
Increasing in the poverty level also lead to black market
Due to lacking of education and awareness in our country.
Increasing unemployment are also cause of this market.
Paper or metal currencies which is also suppose as a leading to the problem of black economy
Controlling in black market from 1994 to
2007
As you see in above graph the controlling highly done in 2007 and in 2001 there is worst condition in controlling.
Rate of black market from 2006 to 2009
Death rate due to black market from 1994 to 2008
As above graph its clearly define that death rate is more in male as compare to females from 1994 to 2008
Why people turn into Black Market:
Poverty
By force
Low Income
Illiteracy
how much black money is in circulation in Pakistan?
While in a vastly undocumented economy like Pakistan the exact amount of black money could not be traced, no two persons seems to agree on a single figure, the Pakistan Institute of Development Economics put it at Rs 1115 billion .
The inevitability of the Black Market:
Elimination of Black Market is A Misconception.
Reasons: DemandHeavy ProfitProficient & SkilledGreed
Black marketing vs. Islam:
Their is no any general idea of relating Islam or Pakistan with black marketing.
Islam is a symbol of peace and it strictly condemns black marketing.
Because Islam is a religion which strictly prohibits all the
false and wrong acts.
Gist of the Whole Discussion: Black Marketing is a false act, but indirectly the nature of this is the competition to generate Money for hunger peoples in the way of
destroying Humanity.