What is a vision? ◊ A vision statement encompasses the desired future for an enterprise. ◊ It also provides a conceptual basis on which the people involved can work towards achieving the objectives of the enterprise. ◊ The purpose of a vision statement is to inspire the community towards a common, desirable future. ◊ A …
Review growth strategy to reorientate the role of the government. Initiate debate on the subject to keep growth strategy informed of the new research on economic growth which argues for the role of government to be the development of growth promoting institutions. Improve governance for sustained economic growth. Governance and growth are intrinsically linked. Poor …
At the time of Pakistan’s emergence on the world map, in 1947, Keynesian policies of activist government held sway over economic thinking in the capitalist world. The policy paradigm, established fol lowing the thinking of the time, was that the government had to lead development [Haque and Montiel (1994)]. The approach led to a long …
Public Service: Through the Eyes of Civil Servants Read More »
PIDE Cities Research Programme was initiated in Karachi with a conference titled Cities: the Engine of Growth on November 15-16, 2006. The conference was held in our largest city and was well-attended by economists, architects, town planners, Nazims, government officials, NGOs, journalists, and other citizens. The discussion was animated and about twenty-five speakers addressed the …
Ever since the 1970s, when inflation became a virtually global phenomenon, controlling inflation has become a high priority for policy-makers. Given the well-known costs of inflation, policy now in all countries is inflation-averse. Perhaps one of the more important adverse consequences of inflation may be that high and persistent inflation is a regressive tax1 which …
Inflation Everywhere is a Monetary Phenomenon: An Introductory Note Read More »
First Addition Of The Business Barometer Of Pakistan Is Based On The Views Of Firms Listed At The Karachi Stock Exchange (Kse). It Consists Of Their Opinion About The Overall Performance Of The Economy Such As Growth And Inflation During The Second Half Of The Year 2006 And Expectations About The First Half Of The …
“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influence, are usually the slaves of some defunct economist. Madmen in …
Beyond Planning and Mercantilism:An Evaluation of Pakistan’s Growth Strategy Read More »
To frame the issue, two characteristics of Pakistan should be noted. First, Pakistan has a very large market of 160 million people. For decades, this fact has been ignored in policy because of the focus on production and exports.1 Second, a large and growing population has now produced a huge youth bulge in the population …
Promoting Domestic Commerce for Sustainable Pro-poor Growth Read More »
PIDE Cities Research Programe was initiated in Karachi with a conference titled Cities: the Engine of Growth on November 15- 16, 2006. The conference was held in our largest city and was well-attended by economists, architects, town planners, Nazims, government officials, NGOs, journalists, and other citizens. The discussion was animated and about twenty-five speakers addressed …
Entrepreneurship is viewed by economists to be a combination of innovation and risk taking. When such activity thrives, high growth rates are achieved as well as opportunities offered to all segments of society, including the poor. The latter benefit form growth and employment as well as through opportunities for entrepreneurship. In Pakistan innovation and risk …
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