Rashid Amjad

Profitability and industrial concentration in Pakistan

Industrial concentration has been an important political issue in Pakistan. White [1974} recently established a relationship between concentration and the return on capital in a sample of company accounts. This study, based on census material, reexamines the problem with a wider coverage and using the pricecost margin, rather than the return on capital, as the measure of profitability. Concentration and a number of other variables are related to price-cost margins in twenty-five industries between 1965-70. Concentration emerges as the most important explanatory variable but the level of imports and capacity utilisation are also significant.

Pakistan : moving the economy forward

1. Overview Rashid Amjad and Shahid Javed Burki 2. Failed economic promise: lessons from Pakistans development experience Parvez Hassan 3. Economic management under IMF tutelage: key lessons from the Musharraf and PPP rule, 1999-2013 Rashid Amjad 4. A country and an economy in transition Shahid Javed Burki 5. Tackling the energy crisis Afia Malik 6. Exports: lessons from the past and the way forward Hamna Ahmed, Naved Hamid and Mahreen Mahmud 7. The future path of tax reforms in Pakistan Hafiz A. Pasha and Aisha Ghaus-Pasha 8. Pakistans Indus basin water strategy: past, present and future Shahid Amjad Chaudhry 9. Economic governance and institutional reforms Ishrat Hussain 10. Benefiting from foreign direct investment Khalil Hamdani 11. An analysis of the remittances market in Pakistan Rashid Amjad, M. Irfan and G. M. Arif 12. The prospects for Indo-Pakistan trade Hafiz A. Pasha and Muhammad Imran 13. Beyond the poverty line: a multidimensional analysis of poverty in Pakistan Azam Chaudhry, Theresa Chaudhry, Muhammad Haseeb and Uzma Afzal 14. Can the new intergovernmental structure work in Pakistan? Learning from China Ehtisham Ahmed.

Economic Growth and Development: New Directions (The Presidential Address)

Finance Minister, Dr Abdul Hafeez Sheikh, Dr Nadeem VI Haque, Patron of the Pakistan Society of Development Economists and Deputy Chairman Planning Commission, Past Presidents and Distinguished Members of the Society, Excellencies, Ladies and Gentlemen: It is my pleasure to welcome you all to the 27th Annual General Meeting and Conference of the Pakistan Society of Development Economists. On behalf of the members of the PSDE, I would like to thank you, Finance Minister for having spared your precious time to open this important meeting. I would like also to especially thank our members and guests who have come from different parts of the country and from different continents to participate in the Conference. We are extremely pleased to see here today many young students of Economics and Development-Pakistans future economists and development specialists-who I am sure are enthusiastic to learn from the many leading economists attending this Conference of the critical issues and economic challenges that we face at the national, regional and global levels.

Economic Sustainability in a Globalised World (The Presidential Address)

Mr Prime Minister, Patron of the Pakistan Society of Development Economists and Chancellor PIDE, Minister for Planning and Development, Ministers, Past Presidents and Distinguished Members of the Society, Excellencies, Ladies and Gentlemen: It is my pleasure to welcome you all to the 24th Annual General Meeting and Conference of the Pakistan Society of Development Economists. We are extremely grateful and honoured by the presence of the Prime Minister. On behalf of the members of the Pakistan Society of Development Economists (PSDE), I would like to thank you, Sir, for having spared your precious time to grace this occasion. I would like also to especially thank our guests who have come from different parts of the country and from abroad to participate in the Conference. We are heartily pleased to see here today many students of Economics and other social sciences from different colleges and universities of Pakistan who are just as eager as regular members to understand our subject better. Let me join Dr Arif in especially welcoming Professor Yu Yongding, Professor John Mellor, Professor Siddiqur Rahman Osmani, and Dr Parvez Hasan, who will be delivering the Invited Lectures this year. At the outset, on behalf of all members of the PSDE, I would like to recognise the support and encouragement of the Prime Minister as Chairman of the Planning Commission to the initiative taken by the Deputy Chairman and his predecessor Mr Salman Faruqui to actively involve professional economists in Pakistan in the process of economic policy-making. The new Task Forces on critical economic concerns and the Advisory Panel of Economists to frame the short-run and medium-term policies by the Planning Commission are democracy’s gifts to the economists of Pakistan. Democracy encourages independent thinking, accommodates diverse viewpoints, and thus makes it possible to evolve a comprehensive policy for all.