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. 40, No. 1-2, January-February

A Tribute to (Late) M. A. Chishti
This is not fair of you to have gone so quietly not a word not even a hint and not a slightest indication that you were preparing for your last journey for the new abode. It was only when you had already begun the journey that we came to know about...
Calling Up New Hazards
Millions of people worldwide earn their living working in call centres. Andrew Bibby focuses on one small area in the United Kingdom where the work has changed, to report on new health and safety issues in the worldwide rush to outsource customer information....
Energy Efficiency Policy to Save Consumers' Money
The government has decided to phase out the entire subsidy of Rs 110 billion on electricity by June 2009. But in addition to state subsidy, a high degree of a cross-subsidisation between sectors exists within the system. Eliminating subsidies and...
Insurance Association of Pakistan - IAP
Before 1947, there were three Insurance Associations in the subcontinent at Calcutta, Bombay and Madras; Bombay Association had a branch in Karachi. After the establishment of Pakistan, the Insurance Association of Pakistan was formed and inaugurated...
Insurance Industry's Recent Progress & Achievements
The insurance sector, until end 2000, was under the regulatory purview of the Ministry of Commerce. During that period, the private sector insurance industry was fragmented and suffered from operational inefficiencies, lack of professionalism and low...
Insurance-Life Securing Business
Insurance is directly related with monetary business. Insurance solves the monetary problems at the time of need or in any serious trouble happens in one's life period. Through insurance business a man is registered with an insurance company for the...
Leader's in Industry
The following pages includes life sketches of Chairman, Managing Directors and Executives responsible for managing that affairs of top rated companies in Pakistan. Mr Hasanali Abdullah is a Chartered Accountant by profession. He joined EFU in June...
Need to Revamp Agriculture Marketing System
The crash in prices of cotton and rice by a whooping 30 to 40 percent this year has renewed growers' demand for revamping domestic agriculture marketing system. They want to replace the existing system with one that takes care of at least five factors,...
New Jubilee Insurance Company Limited
Established in 1953, NJI is one of the most reputable and brightest name in the insurance sector. NJI ranks among the "Big Three" Pakistani insurers in terms of gross direct premium and financial base. Major shareholders include Aga Khan Fund for Economic...
Pakistan International Container Terminal
As success stories go, it is hard to heat. Since securing a contract with the Karachi Port Trust in 2002 for the exclusive construction, development, operation and management of a container terminal, PICT has exceeded everyone's expectations. So much...
Reflections on Global & Domestic Developments
Year 2008 is and will be remembered as one of the most turbulent years in world's economic history. Impact of the sequence of global events, ranging from global financial market turmoil to surge in global commodity prices, has impacted regions differently...
Remarkably Resilient despite Challenging Economic Environment
Pakistan's banking sector has remained remarkably strong and resilient, despite facing pressures emanating from weakening macroeconomic environment since late 2007, according to the assessment of the Stale Bank of Pakistan's Financial Stability Review...
State Bank to Issue Monetary Policy
Syed Salim Raza, Governor State Bank of Pakistan disclosed that the SBP Central Board of Directors has decided that the central bank will issue Monetary Policy Statement on quarterly basis. Unveiling the Monetary Policy Statement at a press conference...
Takaful Pakistan Limited
Takaful Pakistan Limited was incorporated in June, 2006 with its registered head-office in Karachi. With authorised and paid-up capital of Rs.300 million, the Company is sponsored by reputable financial institutions both local and foreign. The Company...
The United Insurance Company of Pakistan Ltd
While addressing the 48th Annual General Meeting of the United Insurance Company Limited., on March 28, 2008, at Lahore, the Chairman and Chief Executive, Mian M. A. Shahid, high-lighted the salient features of the unprecedented growth of the Company...
The Universal Insurance Company Limited
The Universal Insurance Company Limited - a part of Bibojee Group of Companies was established by an eminent industrialist the late Lt. Gen. (R) M. Habibullah Khan Khattak. This Company entered insurance market in 1960 and at present is one of TOP...
UBL Insurers Limited
UBL Insurers Limited is an associated company of UNITED BANK LTD. It is jointly owned by United Bank Limited (UBL) and the Bank's sponsors, the Abu Dhabi Group and Bestway Group. UBL Insurers has been licensed to transact general insurance business...