THE DYNAMICS OF ECONOMIC DEVELOPMENT
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 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 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 income, low literacy rates, poor health facilities, relatively low savings rates, large internal and external deficits, and the lack of 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 raising even more difficult 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 also 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 interested observers of this debate. The organization of this Meeting has been facilitated by our collaboration with other international organizations, in particular with the Friedrich Ebert Stiftung, which is financing the visits of overseas scholars delivering the Quaid-i-Azam Lecture and the Invited Lectures. The Sixth Annual General meeting is being held from January 8 to 10, 1990, and the major topics of discussion are: population dynamics, employment issues, manpower and human capital activities, issues in the economics of health and education, macro-economics, income distribution and poverty, agricultural development and policy, international economics and trade, monetary and fiscal policies, and other development issues. The highlight of this year’s meeting is the Inaugural Address by Mr. Ghulam Ishaq Khan, President of the Islamic Republic of Pakistan, and many notable economists in the field of development economics will be participating in the sessions. The latter include: Prof. Edmond Malinvaud, who will deliver the Quaid-i-Azam Lecture on “Lessons To Be Learned from the European Unemployment of the 80s”; Professor M. Ali Khan, who will deliver the Invited Lecture on “Welfare Economics and Economic Development”; Professor S. I. Cohen, who will lecture on “The Interface between Population and Development Models, Plans, and Policies; Professor Richard Sabot, who will lecture on “Human Capital Accumulation in Post-Green Revolution Pakistan: Some Preliminary Results”; Dr Dennis de Tray, who will speak on “Designing Effective Welfare Policies in Developing Countries – Some Basic Principles”; Professor Lutz Hoffmann, who will speak on South Asia and European Integration: Lessons from the Past and the Future Prospects”; Professor Frithjof Kuhnen, who will deliver a lecture on “The Agrarian Sector in Pakistan’s Development Process”; and Dr Tarlok Singh, who will speak on “Planning Priorities in South Asia’s Development”.
PAPERS PRESENTED AT THE 6th ANNUAL GENERAL MEETING OF PSDE – 1990
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