Dollars, Debt and Deficits: Reform and Management of Pakistan’s Economy

Description

This volume consists of two parts. The first is a compilation of the author’s newspaper articles until 1999, and the second comprises his articles in his official capacity as Governor of the State Bank of Pakistan.

The most interesting aspect of the book is the difference between the author’s approach as an outsider and critic before 1999, and his pragmatic approach later in view of the ground realities.

The challenge that faces Pakistan’s economic managers is to accelerate growth, invest in pro-poor and labour intensive activities, create employment opportunities and bring down the incidence of poverty. The next five years are therefore critical in the economic history of Pakistan if they bring about a paradigm shift from the old stop-go cycles to a more orderly and stable way of achieving equitable and sustainable growth for a majority of the population.

Author Biography

Dr Ishrat Husain is currently the Governor, State Bank of Pakistan. He possesses a unique and rare combination of hands-on-experience in the field as a civil servant, policy-maker at national and international levels (World Bank) and a scholar in the field of development economics.

He has produced more than dozen books and monographs, is a regular contributor to journals and newspapers and is a sought after speaker at seminars and conferences both in Pakistan and abroad.