The evolution of development policy over time can be characterized as a faltering pursuit of inclusive growth: namely, an integrated program of achieving highest possible rate of growth of the real GDP that doubles per capita income within a short period of time, with an eye on distributive...

This paper explores the idea of Inclusive Growth as it has evolved over time since the Industrial Revolution in the West, and in the developing countries since 1950, when development economics and development policy were officially born. It is defined as a policy that deliberately seeks to...

The present study examines the case for the privatization of public industrial enterprises in Pakistan, where the term 'privatization' is defined as a transfer of ownership from the public to the private sector. The focus of analysis is to compare the efficiency levels in public and private...

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...