The Lahore School of Economics on Wednesday hosted its 10th annual conference on management of Pakistan’s economy at its Main Burki campus.
LAHORE: The Lahore School of Economics on Wednesday hosted its 10th annual conference on management of Pakistan’s economy at its Main Burki campus.
The theme of the conference was Pakistan in the Global Economy – Opportunities and Challenges. The first day of the Conference witnessed discussion on macroeconomic management under constrained balance of payments, exchange rate, imports and the world trading order. Lahore School of Economics Rector Shahid Amjad Chaudhry inaugurated the Conference. Rashid Amjad, the Graduate Institute of Development Economics director, delivered a keynote address focusing on the historical perspective on growth spurts and reversals in the Pakistan economy.
He suggested a five-point reform agenda to revive the economy.
It included: renewed confidence at the national, regional and global level; prudent macroeconomic management; shift from consumption-driven growth to export and investment-led growth; move away from grand visions and frameworks to hard-nosed pragmatic plans to overcome the energy and water crisis; and documenting the economy at least in national income accounts.
Mohsin Khan from the Rafik Hariri Centre for the Middle East, Mushtaq A Khan and Asma Khalid from the State Bank of Pakistan, Prof Shakil Faruqi, Assistant Prof Syed Kumail Rizvi, Sikander Rahim, Rashid S Kaukab, Manzoor Ahmad, Muhammad Saeed, Ejaz Ghani, Resham Naveed and Ms Zunia Tirmizee, also spoke on the occasion.