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Articles 511 - 532 of 532

Full-Text Articles in Economics

Response To Mr. Akbar Zaidi's Article, Ishrat Husain Dr Jan 1999

Response To Mr. Akbar Zaidi's Article, Ishrat Husain Dr

Faculty Research - Newspaper and Magazine Articles

Mr. Akbar Zaidi, in his usual erudite and scholarly manner, has made a thorough reading of my most recent analysis of Pakistani economy and has made an invaluable contribution to the on-going debate on this inportant topic.


Crisis Of Credibility, Ishrat Husain Dr Jul 1998

Crisis Of Credibility, Ishrat Husain Dr

Faculty Research - Newspaper and Magazine Articles

There is a widespread consensus on the nature of the economic problems faced by Pakistan, the solutions that are likely to work and the measures that ought to be taken to achieve these solutions.


The Economics Of Violence, Ishrat Husain Dr. Apr 1998

The Economics Of Violence, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

The upsurge in the incidents of violence, terrorism and sectarian conflicts throughout the country - from Karachi to Hangu - is not an isolated and disconnected phenomenon. It betrays a complex set of political, cultural and social trends prevailing in the country.


Lessons From Asian Turmoil, Ishrat Husain Dr. Dec 1997

Lessons From Asian Turmoil, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

The recent turmoil in the equity and currency markets of Thailand, Indonesia and Korea has given rise to two diametrically opposite reactions.


New Public - Private Sector Equation, Ishrat Husain Dr. Jun 1997

New Public - Private Sector Equation, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Economically successful developing countries have evolved a new pattern of mutually beneficial and socially productive partnership between the Government and the private sector. In Pakistan, on the other hand, we are still clinging to an outdated, obsolete and highly damaging (from the societal viewpoint) mode of public-private interactions. There is a growing skepticism that the economic packages announced in the last few months in good faith and sensible in their overall thrust will fail to bring about the desired results because of the apathy of the private sector. But it is the longer term effects of the current pattern ofthe …


Reforming Key Institutions, Ishrat Husain Dr Aug 1996

Reforming Key Institutions, Ishrat Husain Dr

Faculty Research - Newspaper and Magazine Articles

Most of the discussion and debate on economic issues in the media has largely been focused on budgetary deficits, rate of inflation, size of cotton crop, fluctuations in level of exports, changes in foreign exchange reserves, etc.


Why Is The Economic Of Patronage Bad For The Politics Of Survival?, Ishrat Husain Dr Jan 1996

Why Is The Economic Of Patronage Bad For The Politics Of Survival?, Ishrat Husain Dr

Faculty Research - Newspaper and Magazine Articles

The revival of democracy in its undiluted form in 1988 had generated a sense of euphoria throughout the country. The expectations were high, hopes were rekindled for economic well being of general masses and a path to normalcy was envisioned. The situation today is nowhere close to those original expectations and there is a growing sense of resentment against the encroaching forces of privilege and patronage getting a firm hold on the economy. The authoritarian regimes devoid oflegitimate political power, are, perforce, impelled to use the instruments of state power to win or maintain coalitions, build up new alliances or …


Adjustment Outcomes In Africa: Selected Case Studies, Ishrat Husain Dr. Jun 1994

Adjustment Outcomes In Africa: Selected Case Studies, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Drawing on a World Bank study of seven countries (Burundi, Côte d'Ivoire, Ghana, Kenya, Nigeria, Senegal, and Tanzania) that undertook adjustment programs in the mid-1980s, the article evaluates outcomes across five dimensions: growth, supply response, investment, external financial flows, and poverty. It finds that countries implementing reforms consistently — particularly Ghana and Tanzania — achieved positive results, but that structural reforms remain incomplete, growth rates are insufficient to reduce poverty, and adjustment policies alone cannot lift African nations out of poverty without complementary investments in human capital, infrastructure, and governance.


Why Agriculture Should Not Be Taxed?, Ishrat Husain Dr. Jul 1993

Why Agriculture Should Not Be Taxed?, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

The debate about taxing agriculture incomes in Pakistan has been contentious, unending and fierce. I have followed this debate with a great deal of interest and thought it might be useful to analyse this issue in the context of the experience of other developing countries who have already traversed this path. The arguments favoring taxation on agriculture income in Pakistan can be broadly grouped into three categories.


Comment On "Losers And Winners In Economic Growth" By Barro And Lee, Ishrat Husain Dr. Jan 1993

Comment On "Losers And Winners In Economic Growth" By Barro And Lee, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

I am delighted to be a discussant of the paper by Robert Barro and Jong-Wha Lee. A whole endogenous growth industry has taken shape in the past several years, and Barro's contribution to this industry is both impressive and valuable. I would regard this latest paper as a continuation of the quest for enhancing our understanding as to why some countries grow faster than others. As a policy economist working on Africa, an area that has both grown less rapidly than other developing regions and has a disproportionate share of slowgrowing countries, I am particularly attracted to the line of …


Comments On Jeffrey Herbst And Adebayo Olukoshi's Paper On "Nigeria: The Political Economy Of Structural Adjustment, Ishrat Husain Dr. May 1992

Comments On Jeffrey Herbst And Adebayo Olukoshi's Paper On "Nigeria: The Political Economy Of Structural Adjustment, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

No abstract provided.


Comments On "Regional Integration In Sub-Saharan Africa: Past Experience And Future Prospects" By Faezah Foroutan, Ishrat Husain Dr. Apr 1992

Comments On "Regional Integration In Sub-Saharan Africa: Past Experience And Future Prospects" By Faezah Foroutan, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

I agree with Ms Forouton that the import substitution policies and the unequal distribution of costs and benefits of integration are the principal reason for the lack of success in regional integration in Sub-Saharan Africa (SSA). I also agree that factor mobility in the presence of restricted goods movement is not necessarily and automatically welfare improving or desirable. Both of these conclusions follow logically from the comparative static framework she uses for her analysis. I would leave the speculative question as to what will happen if we use a dynamic process but I would show that, even under the present …


Remarks To Faculty And Students At The University Of Southern California, Ishrat Husain Dr. Apr 1991

Remarks To Faculty And Students At The University Of Southern California, Ishrat Husain Dr.

Faculty Research - Talks, Speeches, & Discourse

The 1990s will be a critical decade for Africa. The world is in the midst of fundamental change and the ideological blinkers which so greatly hampered economic development for so long have been taken off. Africa too is in the midst of change, political as well as economic. This change is characterized most fundamentally by the loud and persistent calls from people in Africa for more participation in the decisions which affect their lives. This is a very positive development. We at the World Bank feel confident that we are in a position to respond to these far-reaching changes. This …


Pakistan - An Economic And Social Agenda For The 1990'S, Ishrat Husain Dr Jan 1990

Pakistan - An Economic And Social Agenda For The 1990'S, Ishrat Husain Dr

Faculty Research - Newspaper and Magazine Articles

The euphoria and mood of jubilation and exaltation in Pakistan, ignited by the recent events leading to restoration of civilian rule, provides both an opportunity as well as a challenge for setting a long term agenda and perspective for the country. Having lived virtually from day to day with pangs of anxiety, fears of uncertainity and feelings of despair, the people of this country need from the civilian rulers of Pakistan -"-- whether at the Centre or the Provinces --- specification of goals, a clear sense of future direction and a road map to guide them. Should, God forbid, our …


Africa In Economic Crisis, Ishrat Husain Dr. Dec 1988

Africa In Economic Crisis, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

No abstract provided.


Nigeria's Economy, According To Ishrat Hussein, Ishrat Husain Dr. Sep 1987

Nigeria's Economy, According To Ishrat Hussein, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

DR. Ishrat Hussein came to Nigeria as the World Bank's resident representative in December 1983, when Nigeria's oil bubble had long burst; when Nigeria's economy was, more or less, in a stupor. Shehu Shagari had just been reelected for a second term. At that time, Nigerians, at home and abroad, were being made to bear all sorts of economic burdens. Soon, that administration was ousted by the military, with Muhammadu Buhari in as helmsman.


Nigeria's Economy, According To Ishrat Hussain, Ishrat Husain Dr. Sep 1987

Nigeria's Economy, According To Ishrat Hussain, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Dr Ishrat Hussein came to Nigeria as the World Bank's resident representative in December 1983, when Nigeria's oil bubble had long burst. The article presents his views on the Structural Adjustment Programme (SAP) and its impact on Nigeria's economy as he was leaving his post.


Sap Saps Industries: Nigerian Enterprises Groan Under Effects Of Sfem-Induced Policies, Ishrat Husain Dr. Feb 1987

Sap Saps Industries: Nigerian Enterprises Groan Under Effects Of Sfem-Induced Policies, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

This is the fate facing a large chunk of Nigeria's industrial sector. Ironically it is government, for so long the protector of Nigerian manufacturers, that has now done an about turn. By its implementation of the Structural Adjustment Programme (SAP), it has ushered in what could be a totally retrogressive era for local industries


Pre-Orators: Export Drive And Countertrade: The Microeconomic Perspective, Ishrat Husain Dr. Mar 1986

Pre-Orators: Export Drive And Countertrade: The Microeconomic Perspective, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

I would like to congratulate the Eko Hotels Ltd. and particularly Mr. Randle in organising this Export Expo and this special lecture on "Export Drive". The recent policy emphasis on increasing non-oil exports in Nigeria is quite sound. The specific steps as to how this objective can be achieved have not been spelt out and the discussions and forums such as today's lecture can provide ideas and inputs. It is in this spirit that I am addressing this issue today. I would like to point out that these are my personal views and not those of the World Bank


Reorientation Of A Nigeria's Industrial Policies: A Suggested Approach, Ishrat Husain Dr. Apr 1985

Reorientation Of A Nigeria's Industrial Policies: A Suggested Approach, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

The theme which I wish to explore is that further improvement, indeed maintenance, of the general living standards of Nigerians which will require a rapid growth of the non-oil economy must grow not only to compensate for the decline in oil earnings but also to effect the desired increase in incomes, foreign exchange earnings and public revenue. The domination of oil income in the balance of payments and federal government revenue at present is such that for one percent decrease in oil income, the non-oil component must rise by roughly ten percent to prevent exports or government revenue from declining. …


Missing Factors In Pakistan's Development, Ishrat Husain Dr Jun 1982

Missing Factors In Pakistan's Development, Ishrat Husain Dr

Faculty Research - Newspaper and Magazine Articles

Pakistan's development record over the last two decades is mixed in many respects, but at least avidence is conclusive and overwhelming that Pakistanis do respond positively to economic incentives.


Is Pakistan An Undertaxed Country? A Comment, Ishrat Husain Dr. May 1982

Is Pakistan An Undertaxed Country? A Comment, Ishrat Husain Dr.

Faculty Research - Newspaper and Magazine Articles

Mr. Sultan Ahmed has contributed two articles, "Rising Income, Falling Savings and the Social Imbalance",- and "Is Pakistan an Undertaxed Country?" in the recent issues of Dawn (April 22 and April 29, 1982). While such debate on economic issues like these is most welcome and healthy, it should be based on sound conceptual and analytical underpinnings. Inter-Dapretation of economic facts and concepts in a non-professional manner has the danger of giving rise to not only incorrect policy conclusions but also marring the efficacy of such debates.