Pakistan, Nov. 10 -- The exceptional propagation of globalization triggered by the dominance of world capitalist system in the economic, administrative, cultural, political, and intellectual demesne in most countries around the world. The purpose of globalization is to have identical rules and regulations across the institutions of the world so that institutions may benefit from the experiences of each other. Key ingredients of these reforms were enhancement of private sector, facilitation of market forces and encouragement of cross-national mobility of private capital. These reforms further encouraged developing countries to restructure their public institutions with a more developmental oriented approach which ultimately gave birth to "...