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Economy of Pakistan — 2000-2001 edition 





By Prof. Dr. Khawaja AmJad Saeed
Jan 22 - 28, 2001

The state of economy is now being regarded as the main criterion in evaluating the economic development, progress, prosperity, and economic well-being and level of civilization of any country of the world in the present time. Unfortunately the question of economy received a rough deal from the coterie of people at the helm of affairs in Pakistan. All along it appears that people in power neglected this important factor by design and put all the emphasis on political power and domination leaving the area of economic planning on paper without attaching due attention. Besides the planning of economy based on the political whims tend to ignore the ground reality fo economic forces prevailing in the country and as a result the economy of Pakistan was for most of the time not in tune with the economic challenges that confronted the state.

For the last few yeas, it appears that the importance of economy has come to be realized and recognized and the readers of the economy find books and literature on the subject with certain depth and concrete study of the issues. Many books have been written and compiled by the authors with serious treatment and discussions on the economic and related aspects on Pakistan.

Economy of Pakistan written by Prof. Dr. Khawaja Amjad Saeed is one of the important publications on the subject and is a very comprehensive document in the study of Pakistan's economy. The voluminous book containing 573 pages covers nearly all aspects of economy with facts and figures and comments which are very valuable in shaping the economic planning of the country. The book under review consists of three parts. The first part deals with economic frame-work which sheds light on existing marco-economic performance in the domain of agriculture, manufacture, balance of payment and infrastructure. The second part extensively covers the planning and policy aspects in relation to investment, commercial policy, monetary and fiscal policy, manpower and economic packages. The third part comprises of suggestions, recommendations and strategies for economic rehabilitation and guidelines for future course of economy for the new millennium.

It is very heartening to know that the author has taken great pain in bringing almost all subjects relating to the economy of Pakistan into discussion support by relevant charts, graphs and tables incorporating statistical figures from the reports of State Bank of Pakistan, Economic Survey of Pakistan and other authorities and publications which are directly concerned with the economy of the country. Hence the book has attained the status of complete document on the economic data of Pakistan which is indispensable in the study of the economy of the country for all those who want great insight, knowledge and information on the subject.

Economic events move much faster than the pen that records them for the cold print. This latest edition now incorporates changes in the economy of Pakistan as reported in the Pakistan Economic Survey 1999-2000, World Development Report 2000-—2001 and relevant available documents released by the Government of Pakistan and International Agencies.

The author Professor Dr. Khawaja Amjad Saeed, FCMA and FCA is former Pro Vice-Chancellor and Founder Director of IBA, University of the Punjab, Lahore. He has a firm grip on the economy of Pakistan and has already earned a name within the country and abroad for writing on burning issues of economy with all dexterity and lucidity of style at his command. The latest revised book is by all means a very valuable addition to economic studies of Pakistan.



Economy of Pakistan: 2000-2001



Professor Dr. Khawaja Amjad Saeed, FCA; FCMA

Published by


Institute of Business Management, GPO Box 1164, Lahore.

Printed on


White Printing Paper, pp 573



Pak Rupees 250/- US $ 30