Pakistan is vulnerable to climate change, and extreme climatic conditions are threatening food security. This study examines the effects of climate change (e.g., maximum temperature, minimum temperature, rainfall, relative humidity, and the sunshine) on the major crops of Pakistan (e.g., wheat, rice, maize, and sugarcane). The methods of feasible generalized least square (FGLS) and heteroscedasticity and autocorrelation (HAC) consistent standard error were employed using time series data for the period 1989 to 2015. The results of the study reveal that maximum temperature adversely affects wheat production, while the effect of minimum temperature is positive and significant for all crops. Rainfall effect towards the yield of a selected crop is negative, except for wheat. To cope with and mitigate the adverse effects of climate change, there is a need for the development of heat- and drought-resistant high-yielding varieties to ensure food security in the country.

Since 1990, microfinance has gained universal recognition as an essential and useful tool to address the economically productive poor and provide them with a way to come out of the vicious circle of poverty, by delivering loans and credit on flexible terms in contrast to commercial banks. Many studies from different parts of the world have shown significant economic and social uplift of recipients (both men and women) of microfinance programs. However, in recent years, some studies argue against the positive influence of microfinance and stresses that microfinance is commercialized, and it has become more of a profit generation activity than uplifting of the economically productive poor, which is one of many core objective of microfinance organizations. Many empirical studies have been done to know the effects of microfinance on the welfare of households. They are well documented, e.g., in Bangladesh and India, but only a few studies assess the microfinance effect on rural female entrepreneurs of Pakistan. The present study was carried out to empirically analyze the outcome of microfinance on Pakistan’s female entrepreneurs. Women’s empowerment is gauged using income and consumption as welfare indicators. The difference in difference method is applied to investigate the effects of microfinance on its recipients, which is considered a useful tool to tackle the selection bias problem. Our study result shows that microfinance programs that target women not just only increase income and consumption of female borrowers, making them financially stable, but in fact, many local stakeholders also get benefited from it, and in turn, it creates opportunities for the whole local community. However, our results also show that it does not reach to the poorest of poor women (extremely poor) and thus does not serve the purpose of many of its core objectives, i.e., poverty reduction of extremely poor and henceforth should not be relied upon in this perspective.

Cognitive social capital is crucial for mental wellbeing and physical disability in order to avoid late-life depression. The objective of this study was to investigate the mediating effect of cognitive social capital (interpersonal trust and reciprocity) on the relationship between physical disability and depression in elderly people of rural Pakistan. For this purpose, 146 respondents aged 60 years or above and residents of rural areas of district Muzaffargarh (Punjab, Pakistan) were approached for data collection. The questionnaire includes socio-demographic variables (gender, age, education, marital status, family system, living status, household income, and number of chronic diseases); the geriatric depressive symptoms scale (GDS-15) was used to measure depression, physical disability was evaluated through ADL and IADL scales, and cognitive social capital, which includes interpersonal trust and reciprocity, was measured using single-item questions. It was found that interpersonal trust, reciprocity, depression, and physical disability were significantly correlated with each other and physical disability was directly associated with depression. In mediation analysis, reciprocity mediated the relationship between physical disability and depression. Our findings highlight the need to enhance cognitive social capital interventions and develop policies to promote mental and physical health of rural elderly.