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. 26, No. 1, January

An Empirical Analysis of Private Energy Sector in Pakistan - Problems and Prospects
Pakistan has been vigorously pursuing the policy of encouraging Private Sector Investment in Energy Sector for accelerating the pace of industrialization. In 1985, the Government of Pakistan embarked on an aggressive programme to encourage Private Investment...
BASF Celebrates 25 Years of Business in Pakistan
The Badische Anilin- & Soda-Fabrik was found in 1865 in Mannheim (works site Ludwigshafen-Germany). In 1919 the Company headquarters was transferred to Ludwigshafen. In Pakistan BASF was formed in the year 1970 through investments by German congolerates...
Bulb Industry
Pakistan is totally dependent on imports in the case of low voltage bulbs (LVBs) which are mainly used in the automobile sub-sector in the country. According to estimates, the existing demand is 14.1 million LVBs (1992-93) which is forecast to grow to...
Downward Swing in Stock Market
The stock market remained bearish with slight ups and downs during the month under review. The State Bank Index of general share prices made a downturn to touch the low at 220.78 on December 22. The aggregate market capitalisation, however, improved...
Economic Forecast 1996-97 - Revival of Economic Activity in Sight
POPULATION Population census was again postponed for the fourth time in October 1994 only a few hours before the commencement of the first part of the exercise i.e. house listing. Balochistan was the first province to oppose the census and this was...
Foreign Investment in Pakistan
In Pakistan, there are 30,000 companies, out of which 669 have foreign capital. The multinationals began choosing Pakistan for investment even before its independence. ICI was the first multinational to establish a Soda Ash plant in 1942, and since then...
Inflation - the Deadly Scourge
The present inflationary momentum is the outcome of wrong government policies such as high deficit financing and monetary expansion over the last few years. More recent price hike is prompted by increase in support price and power and gas tariffs as...
Pakistan Steel - PS Achieves 100 per Cent Sales Target in 6 Months
Pakistan Steel achieved more than 100 per cent of its sales target during six months of the current financial year ended on December 31, 1994 as a result of introduction of new sales policy announced in September 1994. In the first half of the current...
Prospects of Tea Cultivation and Processing in Pakistan
If proper planning can be done in Murree, Abbottabad, Mansehra, Swat, Azad Kashmir in Pakistan it can grow well. It takes 4 to 6 years for a tea plant to grow and mature. According to Ministry of Food, Agriculture & Cooperatives Pakistan has passed...
Shift in US Policy: Pakistan Again a Corner Stone of U.S. Foreign Policy
The geo-political developments in the region and inflow of huge foreign investment along with high-powered delegations to Pakistan negate oppositions claim of an inhouse political change in the country in near future. The factors that continue to dominate...
The Data Communication Scene in Pakistan
A lot seems to be happening on the national scene related to Data Communications. Things are expected to happen in the near future that would make most of the users of Data Communications happy. The biggest news is the present government's recent announcement...
The Politics of Agricultural Policies in Developing Countries in General
The objective of this paper is to review the previous work that has been carried out regarding the various issues of agricultural policies in the developing countries and to examine the level of government involvement. The paper begins with a discussion...