The purpose of the Annual General Meeting and Conference of the Pakistan Society of Development Economists (PSDE) is to provide a forum where leading professional economists and policy-makers can exchange ideas on the vital economic and social issues facing Pakistan. With the passage of time, the philosophy of development has undergone a profound change. There is now. as never before, an increasing awareness of the complexities involved in the development process which has engendered a greater sense of realism. In Pakistan’s development experience, a number of problems typically confronting developing countries in their progress towards a self- reliant economy have been tackled. These problems are complex and multidimensional in nature. High rates of population growth, uneven distribution of income, low literacy rates, poor health facilities, relatively low savings rates, large internal and external deficits, and inadequate physical infrastructure for energy generation and communications threaten to nullify the modest economic gains made here, as in many other developing countries. Despite these problems, the development process in Pakistan has progressed reasonably well, although not without encountering difficulties. The Annual General Meeting and Conference of the Society is also an occasion for stock-taking of the work done on various socio­ economic problems of Pakistan at PIDE and elsewhere, as well as for suggesting new initiatives for further research. These Meetings provide for the much-needed communication amongst the economics profession, policy-makers, and various schools of interested observers of the ongoing debate concerning development. The Sixteenth Annual General Meeting, being held on January 22-24, 2001, will address such important topics as human resource development, agriculture production, resource mobilisation and debt, exports and economic growth. Islamic economics, demographic issues, political economy, growth and technology, poverty and income distribution, money and inflation, gender and development, capital markets, decentralisation, socio-demographic changes, and employment, growth, and poverty. A highlight of this year’s Conference is the inaugural Address by Mr Muhammad Rafiq Tarar, President, Islamic Republic of Pakistan. The Quaid-i-Azam Memorial Lecture, being delivered In Professor Ismail Sirageldin of the Johns Hopkins University, is titled “Global Interdependence, Privatisation of Risk and Human Development The Iqbal Memorial Lecture, by Professor Mark Rosenzweig of the University of Pennsylvania, will be on “Consequences of the Green Revolution for Rural Landless Households: The Complex Relationship between Income, Growth, and Human Development I he Mahbub Ul laq Memorial Lecture, by Professor Colin Kirkpatrick of the University of Manchester, is titled “Financial Development, Economic Growth, and Poverty Reduction”. The Sultan S. Hashmi Memorial Lecture, by Professor Gavin Jones of the Australian National University, will be on “Human Resources. Poverty, and Regional Development”. A forum on “Poverty in South Asia”, with presentations by country representatives, will be a special feature of this year’s conference.

PAPERS PRESENTED AT THE 16th ANNUAL GENERAL MEETING OF PSDE – 2001

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