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 issues facing Pakistan. With the passage of time, The philosophy behind the process 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 both pessimism and 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, an uneven distribution of income, low literacy rates, poor health facilities, relatively low saving rates, large internal and external deficits, and inadequate physical infrastructure in energy generation and communication facilities 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, though not without encountering great difficulties. The Annual General Meeting of the Society is also an occasion for stock-taking of the work done on these problems at the PIDE and elsewhere, as well as for suggesting new initiatives for further research. These Meetings provide a medium of communication between the high priests of the economics profession, the policy-makers, and the ever-increasing interested observers of this debate. The Eleventh Annual General Meeting is being held from April 18 to April 21, 1995, and the major topics of discussion arc: demographic analysis, economics of environment, anthropological issues, social aspects of development, problems in monetary economics, institutional economics, population studies, agricultural development, women in development, rural finance, fiscal and monetary issues, Islamic economics, population planning, economics of barani agriculture, inflation in Pakistan, economics of health, international economics, female employment issues, resource mobilisation, social and cultural dimensions, economic demography, issues in economic growth, reproductive choices and means, food and poverty issues. The highlight of this year’s Meeting is the Inaugural Address by Makhdoom Shahab-ud-Din, Minister of State for Finance and Economic Affairs. This year’s Presidential Address, “The Significance of Development Economics”, by Syed Nawab Haider Naqvi, will focus on the relevance of development economics to understand the nature of economic development. The Quaid-i-Azam Lecture will be delivered by Paul P. Streeten, Professor Emeritus, Department of Economics, Boston University, USA. His topic is: “Human Development: Means and Ends”. The Iqbal Memorial Lecture will be delivered by Sir Hans W. Singer of the Institute of Development Studies at the University of Sussex, England. His topic is: “Half a Century of Economic and Social Development Policies of the UN and Bretton Woods Institutions”. A Special Lecture will also be delivered by Tan Sri Mohammad Ghazali Shafie, Former Foreign Minister of Malaysia, Kuala Lumpur, Malaysia. His topic is: “Development and Cultural Evolution”. Other notable economists delivering the Distinguished Lectures are: Helmut Reiscn on “Managing Temporary Capital Inflows: Lessons from Asia and Latin America”; Mahmood Hasan Khan on “Agricultural Growth in China and Sub-Saharan African Countries”; Ismail Sirageldin on “Islam, Society and Economic Policy”; Michael M. Horowitz on “Dams, Cows, and Vulnerable People: Anthropological Contributions to Sustainable Development”’ and John W. Mellor on “Some Issues in Institutional Finance for Agricultural Development: International Evidence and the Implications for Pakistan”.

PAPERS PRESENTED AT THE 11th ANNUAL GENERAL MEETING OF PSDE – 1995

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