Pakistan’s population is growing and becoming more urbanized. By 2020, Karachi and Lahore will each have a population of well over 10 million people and several other cities will have a population of at...
The report starts with an overview and introduces the main findings. It addresses major constraints, instruments, and outcomes important to unleash the potential of infrastructure investments and policy...
This essay reviews the traumatic experience of Thailand's economy during 1997-1999, describes the policy response, and draws lessons for the future. Whereas the country's economic performance until 1996...
The rapidly developing countries of Asia are firmly committed to export-led export growth strategy. As labor markets tighten, two related policy objectives arise: one is to promote productivity growth...
Agriculture is the mainstay of Pakistan's economy. Nearly 24% of total output and 50% of total employment is generated in agriculture and it accounts for 30% of Pakistan's exports. Agriculture also provides...
This paper explores the relationship between managerial ability and X-efficiency using firm level evidence from Pakistan. Kinship and experience are identified as shifters of the managerial effort supply...
In recent years policies aimed at liberalizing the financial sector in Less Developed Countries (LDCs) have become popular. In many LDCs this will involve privatizing the nationalized banks and creating...
Bankers' screening devices are identified to determine firms' probability of borrowing in the 'formal' segment of the capital market in Pakistan. Incorporating this information, investment functions are...