Faculty / School

Faculty of Business Administration (FBA)

Was this content written or created while at IBA?

Yes

Document Type

Conference Paper

Publication Date

4-3-2008

Author Affiliation

Dr. Ishrat Husain is Dean and Director at Institute of Business Administration, Karachi.

Conference Name

Micro-Economic Foundations of Economic Policy Performance in Asia

Conference Location

New Delhi

Conference Dates

April 3-4, 2008

First Page

1

Last Page

19

Keywords

Economy, Trade liberatlization , Reform, Asia, Poverty, Pakistan

Abstract / Description

The topic of this Conference “Micro-Economic Foundations of Economic Policy Performance in Asia” is both relevant and timely for South Asian Policy makers and researchers. I am pleased that I am able to share my thoughts with this august gathering about the microeconomic policy reforms in Pakistan with which I was associated for the past eight years. Having the interests of a researcher and academic at the same time I have chosen to present an analytical narrative of Pakistan’s reform episode. The questions that I wish to explore this morning are: (a) Why did Pakistan decide to opt for unilateral trade liberalization? (b) What was the content, sequencing and phasing of policy reforms? (c) What has been the impact of these reforms on growth and poverty in Pakistan? (d) What are the generalized lessons that can be learnt from this reform episode? (e) What is the way forward for the future?

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