Tag el-Din's interesting paper (Tag el-Din, (1997) aims to prove that the "conventional" positivist (secular) growth theory fails to optimize growth in the broader sense of maximizing social welfare. The reason for this failure, according to him, is its narrow positivistic motivation, which sees...

Rodney Wilson's book aims to highlight the religious-ethical basis of economic actions through the kaleidoscope of` "comparative religions perspectives on economics" (p. 21). The economic teachings of the three great religions in the Abrahamic tradition - namely, Judaism, Christianity, and Islam...

The paper answers in the affirmative the question about the need for an Islamic economic model, and then proceeds to delineate its dimensions. The distinguishing characteristic of such a model is to highlight the ethical dimension of the economic calculus - i.e., that without ethical moorings...

Econometric models are generally constructed for a specific country on the assumption that national economies are independent. In reality, this is not the case. In this paper, we have constructed prototype linkage econometric models for Pakistan, India, Bangladesh and Sri Lanka. These models are...

This is the first of a series of symposiawe are organizingin the pages of the Pakistan Development Review to fix our gaze on the twilight zone lying between the theory and the practice of development economics. In the Autumn of 1979-1 must confess, not without a tinge of autumnal depression-I...

Dr. Huda's conference address on "Planning Experience in Pakistan" is both useful and refreshing. He reviews, in the brief space of twenty pages, the principal economic problems and policy issues facing Pakistan at this crucial stage of its development. His approach is extensive rather than...

The purpose of this study is to examine Pakistan's foreign-trade problems and policies in the context of the wider question of a rational allocation of domestic resources. It will be argued that measures taken in Pakistan to resulate the flow of imports and exports have led to a pattern of...