Issues pertaining to development are not the sole domain of economists, a fact that members of the professional and academic economics fraternity have too often tended to forget. This book, the first ... Read More

This book attempts to investigate and analyse the factors responsible for the formulation and implementation of the economic policies followed in Pakistan during 1947-82 which are responsible in many ... Read More

Employing a simple intersectoral analysis, first developed by Paauw and Fei (1973), it is shown that import substitution in an idealized colonial-type economy under exchange control, will be both cumu ... Read More

Pakistan’s rice export earnings have increased remarkably since the early 70’s. Of the two major varieties grown and exported, it is the traditional variety,Basmati, which has shown an enormous potent ... Read More

This paper examines the interactions between disease and malnutrition using cross-section data on pre-school children from a low-income area of Karachi. A simultaneous equations model is utilized in t ... Read More

This paper discusses the main analytical issues pertaining to PLS banking. The risk-return trade-offs and their bearing on the supply of funds are considered in a financial system where PLS deposits a ... Read More

It is indeed very sad that the first major collection of essays on Pakistan by Pakistanis, should be of such a poor quality. A book finally appeared which looked at Pakistan using “radical theoretical ... Read More

Rapid urbanization, a by product of the process of economic growth, is a pervasive phenomenon in the developing world. The share of urban population has, in the last quarter of a century, grown from a ... Read More

While the positive relationship between the educational attainments of farm operators and farm productivity has long been established on both theoretical and empirical grounds, the relative effectiven ... Read More

In this paper we develop a framework for the empirical analysis of production theory under uncertainty. Applying duality theory and using a flexible functional form for technology, we provide a model ... Read More

Overall income inequality is decomposed into the contribution of various income sources. Wage employment, nonfarm enterprise, and livestock were found to be inequality-mitigating. Unequal access to la ... Read More

This paper quantifies the rate of capacity utilisation in twenty-three selected industries of Pakistan for the period, 1971-76. Variation in the number of shifts worked and in intensity of operations ... Read More