Economic Review

Quarterly journal provides articles, index and abstracts on financial institutions and markets, economic forecasting, macroeconomics, monetary policy, payment systems and international and regional economics.

Articles from Vol. 25, No. 5, May

Agriculture-Based Industries Should Be Promoted to Solve Unemployment Problem
Economic Review: How will you comment on employers' protest against outside influence in trade union? Nabi Ahmed: Outside trade union leaders who are named as outside professionals are really the workers of different industries who became the victims...
Balanced Labor Policy Is in the Offing - Aziz Memon
Economic Review: Why the Labour Task Force was formed? Abdul Aziz Memon: The present government, soon after taking over the charge has formed various Task Forces with a view to solve problems on war-footings. The present government stands committed...
Ban on Railways Union Is against Human Rights
The Government has imposed ban on trade union activities in Pakistan Railways. The total strength of employees under the purview of ban is around 90,000. The ban had been imposed by caretaker government headed by Moeen Qureshi. Mr. Manzoor Ahmed Razi,...
Bearish Trend Resisted
The stock market is having a budgetary fever. Its upward drive has been arrested in early last month when the stock market took a drive from 315.01 on March 24 to 300.43 on April 28. Aggregate market capitalisation was also slashed from Rs. 438.221 billion...
Benazir Bhutto Holds Rationale Approach towards Workers - Junaidi
Habibuddin Junaidi (52), a known trade unionist, while highlighting workers problems of Banking Industry attaches high hopes with Benazir's government. Economic Review: How will you comment on the approach of present government towards workers? Habibuddin...
Challenges of Unemployment and Manpower Utilization Needs Implementation of Integrated Policy Prescription
The problem of ensuring productive employment of our expanding work-force has emerged as a major challenge facing the country. The issue has acquired urgency both for sustaining long term growth and for eliminating poverty. The present government is...
Economy in Perspective
* Growth Rate 4 per cent this year. * Textile Industry to remain in deep crisis. * Labour Policy to be announced with new incentives for labour. POPULATION It has been decided that census will be held this year. However, no date has so far...
Effectiveness of International Labor Standards
The ILO Conventions and Recommendations have exerted a powerful influence in areas of human rights and also their impact on social and economic policies of the member states. Both the developed and the developing countries whether having ratified conventions...
Export Bank: An Innovative Idea
The justification for an Export Bank has long been felt because of the desire to push export particularly by small exporters in such items as readymade garments, carpets, animal casings, stuffed toys, surgical goods, sports goods, cutlery, hosiery and,...
Human Security and Development: Regional Perspectives on the Role of Youth
(Paper presented at the Youth Panel Discussion Session in SID World Conference held in Mexico City from April 5 to 10, 1994) The world is entering an age of doubt about material progress. Many of its citizens are experiencing what the economist Robert...
IBM the Next Generation in Business Computing
On May 3rd 1994, IBM made the most significant AS/400 announcement since 1988, headlined the Next Generation in Business Computing. Announcing the new AS/400, IBM Country General Manager, Mr. Nisar A. Memon said, this new technology is available to...
ICI Shows Record Sales: Dividend Increased to 45 per Cent
The company achieved record sales in business except in agrochemical during the year under review. The company is continuing with its strategy of improving operating efficiencies, expanding existing operations in line with market growth, and diversifying...
Labor Conditions in Pakistan
Pakistan at present has a total labour force of 33.80 million as in January 1993. The labour force in rural areas is 24.42 million compared to 9.38 million in urban areas. Unemployment rate was around 5.85 per cent in 1993-94. Female participation in...
Labor-Management Relations in PTV
Abdul Qadir Salat, General Secretary of PTV Employees Action Committee, Karachi Centre expresses concern about the deteriorating state of Labour-Management Relations and demands restoration of Union in PTV. Economic Review: What is the state of Labour-Management...
Management of Change
Change is difficult to bring about, yet it is crucial for the progress and sometimes for survival of an organization. Before the last presidential elections in United States, the key manifesto of President Bill Clinton during his campaigning was to bring...
Opposition in Disarray
It seems that the leader of the opposition is making a retreat and the ruling party is gradually gaining confidence. Provincial governments in Sindh, Punjab and Frontier are now dealing with opposition with strong hand. In recent wave of disturbances...
Role of Employers Organizations in Human Resource Development
The Employers Federation of Pakistan formed in April 1950 is the premier employers organization in Pakistan representing the employers cause in the area of industrial relations at major national and international forums. Over the past 43 years of its...
Sense of Ownership Spurs Efficiency of Workers in Sind Alkalis
The Government handed over the management of Sind Alkalis Ltd. to the Employees Management Group. The Group is running all the affairs of the organization quite efficiently since then. ER interviewed Syed Yousuf Hussaini, Senior Manager, Admn. and Personnel....
The Employment Problem: What to Do?
The existing pattern of labour absorption in Pakistan is reflective of the growing inability of the economy to offer productive work opportunities to a significant number of its work force. The labour market, for instance, is facing increasing difficulties...
The Triumphal March of the Airbag
In 1951, Walter Linderer, an inventor from Munich, patented his "device to protect persons in cars against injury in collisions". In principle, the "airbag", with which most German cars are equipped today, is no different from Linderer's formulation...
UK Employment and Recovery
One aspect of the much-discussed new flexibility of the UK labour market is that the jobs figures have become a more useful indicator of general economic trends than they used to be - but still not on the basis of a single month's figures. Merchants...
Ways to Curb Exploitation of Labor
Pakistan is among those developing countries where labour laws are yet to be implemented and the enforcing agencies are to be made more effective. In fact, all those labour-related evils which have been abolished by developed countries owing to their...