This paper is an introduction to the development of industrial relations in Pakistan over the 30 years since Pakistan gained independence in 1947. One of its aims was to put together a brief history of the trade union movement in the country. It is divided into four parts. Chapter I is a...

The purpose of this article is to examine the different possible paths the Pakistan People’s Party could take following its coming into power in December 1971. For this purpose the paper examines the economic and political forces that were operating in the country at that time, the main...

The principal focus of this paper is on how to meet the challenge arising from the high growth rate of the labour force and its implications for the development strategy for the 1990s. The basic thrust of this paper is that the employment strategy must be seen within the context of an overall...

Since the seminal work of Sen, it has been acknowledged that poverty is a multidimensional phenomenon and the unprecedented availability of relevant data has renewed interest in the multidimensionality of the poverty. The purpose of present study is to estimate the multidimensional poverty in...

The present study estimates the long run private investment function for the period from 1972 to 2011 by using Johansen cointegration approach. The results suggest debt servicing, inflation and private investment to be negatively associated. The study concludes positive impact of GDP growth...

This paper analyses the distinct features of the “Green Revolution” in the context of Pakistan’s impressive agriculture performance in the 1960s. It points out to the “conflicts, social unrest and tensions’ it generated and draws lesson in the framing of a future agriculture policy.

The study is an attempt to explore the impact of inflation and income inequality in Pakistan. The study also analyzes the effect of foreign direct investment, workers’ remittances and manufacturing value added on growth. Annual time series data from 1972 to 2007 was used for the analysis....

The paper provides estimate of money (M2) demand for business sector in Pakistan. By using cointegartion analysis and erropr correction mechanism the study found that business sectors money demand behaviour is completely different from the aggregate money demand function. The rate of interest on...

The paper estimated dynamic demand for money (Currency) function for Pakistan. it is concluded that in the long run money demand depends on income, rate of inflation and bond rate. The rate of Inflation and rate of interst on deposits emerged as important determinant of money demand in the short...

This paper proposes that the underlying cause of the macroeconomic problems facing Pakistan today are a series of supply shocks which have constrained output growth. It is argued that while the current debate has solely focused on government expenditures and revenues, it is critical to also...