BOOK REVIEW ECONOMY OF PAKISTAN
It is rightly being viewed as making the start of a new phase in the chequered history Pak-US ties
Reviewed by Mohammad Sadiq Khan
FCMA (Pak); FCMA (UK)
Feb-18 24, 2002
Authored by: Prof. Dr. Khawaja Amjad Saeed, M.Com; LL.B (Pb), MBA (Beirut); Ph.D. (USA); FCA, FCMA. Published by: INSTITUTE OF BUSINESS MANAGEMENT, P.O. Box 1164, Lahore, Pakistan. Price Rs. 250/-, pp. 641.
Prof. Dr. Khawaja Amjad Saeed, is a well known scholar and a prominent figure in Accounting profession. He is a prolific writer on the subjects of Accountancy, Taxation, Economy, Business Law and Management. He has richly contributed in these areas and requires no introduction. He has authored many books on the diverse subjects in the context of present and emerging scenarios. In addition, a large number of his articles on various economic issues have appeared in the National and International Press. He has also participated in the discussions on important issues on electronic media, i.e. Radio and Television in Pakistan.
The book under review is an updated and revised edition of "Economy of Pakistan" authored by him. Earlier edition of this book had appeared in 2001 and was well received by the readers. The author has now updated the book in the light of current data published in the Pakistan Economic Survey 2000-01, State Bank of Pakistan Annual Report 2000-01, World Development Report 2002 and related material and the book is thus based on all important data relating to the economy of our country.
For the last few years, it appears that the importance of economy is growing and students 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 with serious treatment and discussion on the economic trends in Pakistan. However the present edition is the latest one released in 2002.
The Economy of Pakistan compiled by Prof. Dr. Khawaja Amjad Saeed, is one of important publications on the subject and it is a very comprehensive document on the study of Pakistan's economy. The voluminous book containing 641 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 framework which sheds light on existing macroeconomic 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 heartening to know that the author has taken great pain in bringing almost all subjects related to the economy of Pakistan supported by relevant charts, graphs and tables incorporating statistical figures from the reports of State Bank of Pakistan, Economic Survey of Pakistan and other authoritative works and publications which are directly concerned with the economy of the country. Hence the book has assumed 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 an insight and information on the subject.
The author 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.
It is hoped that the book will benefit persons in civil and military circles alike, as well as business community, professionals and students of commerce, economics, business and public administration, CSS and PCS, ICMAP, Chartered Accountancy, Banking and other professionals and academic courses. Parliamentarians will also stand updated about the socio-economic aspects of Pakistan.
I congratulate the author and urge him to continue his job with zeal and vigor.