GROWTH, EMPLOYMENT AND HUMAN CAPITAL FORMATION
The purpose of the Annual General Meeting 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 problems facing Pakistan. With the passage of time, the philosophy behind the pro cess of development has undergone a profound change. There is now, as never before, an increasing aware ness of the complexities involved in the development process which has engendered both pessimism and a greater sense of realism. In Pakistan’s development experience a number of problems have been tackled which typically confront developing countries in their progress towards a self-reliant economy. These problems are complex and multi-dimensional in nature. High rates of population growth, an uneven distribution of in come, low literacy rates, poor health facilities, relatively low saving rates, large internal and external deficits, lack of physical infrastructure, mainly in energy generation and communication facilities, threaten to nullify the modest economic gains in many developing countries. However, despite these problems the development process in Pakistan has progressed reasonably well but not without raising even more diffi cult issues. The Annual General Meeting of the Society is an occasion for stock-taking of the work done on these problems at the PIDE and elsewhere and to suggest new initiatives for further research. These Meetings provide a medium of communication between the high priests of the economics profession, the lay policy makers and the interested observers of this debate. The organization of the Meeting has been facilitated by the collaboration with other international organizations in particular, of the Friedrich Ebert St if rung which is financing the visits of the foreign scholars delivering the Quaid-i-Azam and all the Invited Lectures. The Fifth Annual General Meeting is being held from January 4 to 6, 1989, and the major topics for discussion arc: Issues in Development economics, agricultural policy and development, population dynamics, education and development, macro-economic modelling, issues in health and environmental economics, women in development, industrial development, international economics and trade and monetary and fiscal policy. The highlight of this year’s meeting is the Inaugural Address by Mr Ghulam Ishaq Khan, President of the Islamic Republic of Pakistan. In addition, many important personalities in the field of development economics are attending. They include Prof. Mahmood Hasan Khan of the Simon Fraser University who will be delivering the Quaid-i-Azam Lecture on “Development of Rural People: Approaches and Myths”; Prof. M. Ali Khan of the Johns Hopkins University who will be talking on “Development Policy in a Multi Provincial Economy”; Prof. David P. Laidler of the University of Western Ontario who will be lecturing on “What Remains of the Case for Flexible Exchange Rates?”; Prof. Hans-Bernd Schafer of the University of Hamburg who will be lecturing on “Conditions of Agricultural Growth in Developing Countries” and Prof. J. W. Bjorkman currently Director, American Studies Research Centre, India, will be talking on “Comparative Health Policies: A World of Difference”.
PAPERS PRESENTED AT THE 5th ANNUAL GENERAL MEETING OF PSDE – 1989
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