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A ‘Naya’ Pakistan: How transnational practices have reconstructed the housing system through new productions and markets of housing in Islamabad and Rawalpindi
Housing production and housing markets are components of the wider housing system which need to be studied in parallel to reveal complex patterns that cannot be identified on their own. Within Pakistan, this system is following a new pattern as a result of its transnational migrant population and state policy influences. This is since Pakistan embodies a lucrative housing industry. Multiple different processes that can be argued to be influenced by investment patterns and growing aspirations of the middle class have reconstructed the housing system in Pakistan. As a result the increase in overseas Pakistani investment and the rise of demand for prestigious housing units has fueled the production of housing in the twin cities of Rawalpindi and Islamabad, Pakistan. Whilst both cities are assessed, existing class disparities created by the stress of viable land for housing production in Islamabad have led aspirational housing to be produced in Rawalpindi. Moreover, to combat housing supply constraints the state has leveraged the rise of investment into the production of high rise-buildings however this has failed to be effective in the long term since it lacks affordability due to demand created by speculative investors.

Shared with the World by Elangkathir Duhindan

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Facilitating the energy transition: regulations required for blockchain-based startups in Pakistan's power sector
With the global clean energy transition in focus, one of the most crucial sectors within the energy industry that needs to transform is the power sector. In this paper, we focus on the role Pakistan’s power sector can play in the country’s clean energy transition. The scope of this paper is limited to the role of the residential power sector in Pakistan. First, we understand the current status of the power sector. Second, we understand the policies relevant to the power sector in Pakistan. Third, we focus on the residents of Pakistan and the challenges they face with respect to the structure of centralized top-to-bottom power sector, residential access to electricity, reliance on the centralized authority and unfair billing of consumed electricity. Consequently, it is established that while Pakistan needs to decarbonize its power sector, decentralization can accelerate the process. Since decentralized systems do not have a central authority to manage the system, and there is a lack of trust in the current centralized authorities, a mechanism is required for trusted, secure and tamper-proof transactions in the power sector. Blockchain, which is a digital ledger technology, can facilitate the establishment of trust in the power sector. Therefore, the role of blockchain in the power sector is studied and applications that are relevant to Pakistan are suggested. Finally, requirements to implement blockchain based applications are discussed, which includes facilitating blockchain-based startups in the power sector, empowering prosumers to take an active participatory role in the power sector, developing regulations and building capacity for innovative blockchain implementations.

Shared with the World by Elangkathir Duhindan

This list was generated on Thu Feb 22 07:10:32 2024 UTC.