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Putting together a collection of articles is not an easy task. The area covered by the present book under review is extremely diverse and thus makes the selection doubly difficult. By corollary, to re ... Read More
This is a timely book in many respects. Coming as it does at the end of Pakistan’s third decade as an independent nation, it provides a useful’perspective on where we have been and where we ought to b ... Read More
Using primary data collected from a survey of cattle farms in Landhi, near Karachi, this note presents results on estimation of production functions for milk for small and large farms. The marginal pr ... Read More
We use data from a survey conducted in Karachi to estimate production functions for private medical services. Separate production functions have been estimated for the services of general practitioner ... Read More
This paper is concerned with examining the usefulness of the monetary approach to the balance of payments for a number of African economies. A model is developed to estimate the relationship between d ... Read More
This paper employs two different techniques – the ZSUM and Weighted Factor Socre – and twenty seven indicators to quantify the levels of development in the districts of Pakistan in the 1970s. The magn ... Read More
The article attempts to map out the basis for a constructive response of the North to the call of the South for a New International Economic Order. It identifies the principal reason for the present d ... Read More
The book is a useful addition to the country study series. The mass of information, contained therein, provides detailed accounts of the various aspects of the UAE economy, particularly the role of oi ... Read More
The relationship of agrarian structure to agricultural development in developing countries is a controversial issue. The polar positions in this controversy can be summarized by the following descript ... Read More
The two most common types of farms in Sindh are sharecropped and owner-operated farms. Despite similarities, there are many differences between these two tenurial arrangements. These differences are a ... Read More
Data from a low-income area of Karachi are used to show that family income and lactation behavior are significant determinants of survival rates among pre-school children and infants. This suggests th ... Read More
This paper departs from the standard welfare-theoretic analyses [see Bhagwati and Rodrigues, (1975)] of the brain drain by returning to its original definition, viz., the migration of professionals su ... Read More
The paper attempts to revive the idea that the level and growth of output of countries in a balance of payments constrained framework are determined by the workings of the foreign trade multiplier; an ... Read More
This paper investigates the optimal deflationary strategy for a ‘financially repressed’, less developed economy. In accordance with recent theoretical work, it is assumed that inflationary expectation ... Read More