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TRANSCRIPT
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Revised: January 21, 2019
DETAILED R E S U M E
ASHFAQUE HASAN KHAN
(Sitara-e-Imtiaz)
Office Address & Phone .... Home Address & Phone:
Principal & Dean National University of
School of Social Sciences Sciences & Technology
National University of Sciences (NUST), Villa
& Technology (NUST) No. 7, Kashmir Highway
Kashmir Highway Sector: H-12
Sector: H-12 Islamabad Islamabad
Telephone: (9251) 90853500 (Off)
(9251) 90853501 (Off)
(9251) 8741607 (Res)
Mobile: +923075558698
E-mail: [email protected]
Date of Birth Marital Status No. of Dependents Citizenship January 1, 1953 Married Four Pakistan
QUALIFICATIONS:
University Major Degree & Dates
i) The Johns Hopkins University Economics Ph.D. 9/1987
ii) University of Pennsylvania Economics M.A. 12/1984
iii) McMaster University (Canada) Economics M.A. 9/1978
iv) University of Karachi Economics M.A. 4/1976
(Pakistan)
II. EMPLOYMENT RECORD
a. Principal & Dean
School of Social Sciences & Humanities
National University of Sciences
& Technology, Islamabad (September 2013 till date)
b. Principal & Dean
NUST Business School
National University of Sciences
& Technology, Islamabad (From March 2009 to August 2013)
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c. Special Secretary Finance /Director General
(Debt Office) and Economic Adviser
Ministry of Finance
Government of Pakistan
Islamabad (from March 1998 to February 2009)
d. Joint Director
Pakistan Institute of Development Economics,
Islamabad, Pakistan.
(from July 22, 1997 March 31, 1998)
e. Chief of Research
Pakistan Institute of Development Economics,
Islamabad, Pakistan.
(from May 2, 1990 to July 21, 1997)
f. Senior Research Economist
Pakistan Institute of Development Economics,
Islamabad, Pakistan.
(from July 1988 to May 1, 1990)
g. Research Economist
Pakistan Institute of Development Economics,
Islamabad, Pakistan.
(From Feb. 1979 to July 1988)
h. Research Assistant
Applied Economic Research Centre,
University of Karachi, Pakistan.
(From April 1976 to August 1977).
III. ADDITIONAL POSITION HELD/HOLDING
a) Member, Economic Advisory Council, Government of Pakistan
b) Member Expert Group, United Nations Economic and Social Commission for Asia
and the Pacific (UNESCAP), Bangkok, Thailand
c) Director and Vice Chairman of Saudi Pak Industrial and Agricultural Investment
Company Ltd. (A joint venture of Saudi Arabia and Pakistan)
d) Director, United Bank of Pakistan Limited (Representing government’s shares in
the Bank).
e) Director Pak-Libya Holding Company (A Joint Venture of Pakistan and Libya)
f) Member, Senate of the National Defense University, appointed by the President of
the Islamic Republic of Pakistan
g) Member, Senate of the Pakistan Institute of Development Economics appointed by
the Higher Education Commission (HEC), Government of Pakistan
h) Member, Board of Trustee, International Islamic University, Islamabad
i) Member, Board of Governor, Foundation University, Rawalpindi
j) Member, Board of the Benazir Income Support Program (BISP)
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V. TEACHING EXPERIENCE:
i) Visiting Lecturer Department of Economics,
Towson State University, Towson, MD.21204.
Taught Macroeconomic Principles,
(1986-87 academic year and Summer 1987)
ii) Visiting Lecturer Department of Economics, Quaid-i-Azam University,
Islamabad.
iii) Visiting Fellow Kiel Institute of World Economics,
Kiel, Federal Republic of Germany from
August 6, 1990 to September 13, 1990
VI. INTERNATIONAL CONSULTANCY:
Consultant to:
i) Economic and Social Commission for Asia and Pacific (ESCAP) United Nations,
Bangkok, Thailand.
ii) Secretary General, South Asian Association for Regional Cooperation (SAARC) ,
Kathmandu, Nepal
iii) Asian Development Bank, Manila, Philippines
iv) World Bank, Washington, D.C. United States.
VII. HONOURS
i. Conferred Sitara-i-Imtiaz for outstanding contribution in the field of economics and public
policy by the President of the Islamic Republic of Pakistan in 2005.
ii. Conferred ECO Excellence Award 2010 in the field of Economics by the Economic
Cooperation Organization, Tehran in December 2010
VIII. ACADEMIC HONOURS:
i. Co-Editor, Pakistan Development Review, An International Journal of Development
Economics, until March 31, 1998.
ii. Corresponding Editor, Journal of Asian Economics for a period of four years (1996-2000).
iii. Associate Editor, PIDE Tidings.
iv. Member, Editorial Board of the Journal of Institute of Bankers in Pakistan
v. Joint Secretary, Pakistan Society of Development Economists (PSDE), 1988-90.
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vi. Secretary, Pakistan Society of Development Economists (PSDE), 1997-1999.
vii. Awarded the first prize by the National Book Council of Pakistan for Publishing in
international journals of economic articles of worth in 1989.
viii. Awarded the second prize by the National Book Council of Pakistan for publishing in
international journals of economic articles of worth in 1990.
ix. Awarded the second prize by the National Book Council of Pakistan for publishing in
international journals of economic articles of worth in 1997.
x. Awarded Senior Research Scholarship by Friedrich Ebert Stiftung to conduct research at the
Kiel Institute of World Economics, Federal Republic of Germany for the period August 6,
1990 to September 13, 1990.
xi. Won the Banking Essay Competition 1994 Award, organized by the Institute of Bankers in
Pakistan.
xii. Attended Salzburg Seminar, "Session 324: The Rise of Industrial East Asia: Lessons for
Developing World", Salzburg, Austria, April 13-20, 1996
xiii. External Examiner of Ph.D dissertation submitted to the University of Karachi, Quaid-i-Azam
University and Federal Urdu University, Islamabad, Pakistan, Madurai Kamaraj University,
Tamil Nadu State, India, and Macquarie University, New South Wales, Australia in the field
of Economics.
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LIST OF PUBLICATIONS
Ashfaque H. Khan
BOOKS
1. Pakistan’s Economic Turnaround: Lessons for Africa, in Globalization and Economic Success:
Policy Lessons for Developing Countries, Chapter 17, Edited by Barry Desker, Jeffery Herbst,
Greg Mills and Michael Spicer, the Brenthrust Foundation, Johannesburg, South Africa, May
2008
2. ‘Pakistan and Emerging Trading Environment: Challenges and Opportunities”, Vanguard,
Lahore, 2000 ( with Zafar Mahmood).
3. Foreign Direct Investment in Pakistan: Policy Issues and Operational Implications, Asian
Development Bank, Manila, July 1999 [With Yun-Hwan Kim].
4. Household Savings in Pakistan, The World Bank, Washington, D.C. July 1999 [With Zafar
Moeen Nasir].
5. Inflation in Pakistan: Causes and Remedies, Pakistan Institute of Development Economics
(Islamabad), November 1994 (with Syed Nawab Haider Naqvi, Ather Maqsood Ahmed and
Rehana Siddiqui).
6. Complementarities, Comparative Advantages, and Benefits and Costs of Regional Cooperation
in Land Transport and Communication, Friedrich Ebert Stiftung, Pakistan Office (Islamabad),
December 1993. (With Annice Mahmood)
7. The Macroeconomic Framework for the 8th Five-Year Plan, Pakistan Institute of Development
Economics (Islamabad), January 1993 (with Syed Nawab Haider Naqvi and Ather Maqsood
Ahmed)
8. Inflation and Growth: An Analysis of Recent Trends in Pakistan, Pakistan Institute of
Development Economics, (Islamabad, 1989. (With Syed Nawab Haider Naqvi).
9. Recent Inflationary Upsurge in Pakistan: Causes and Cures, Pakistan Institute of Development
Economics (Islamabad), May 1989 (With Syed Nawab Haider Naqvi).
10. The P.I.D.E. Macro-Econometric Model of Pakistan's Economy, Pakistan Institute of
Development Economics (Islamabad), 1983, (With Syed Nawab Haider Naqvi, Nasir M. Khilji
and Ather M. Ahmed.
PH.D THESIS
A Macro econometric Study of the Growth Prospects of Pakistan's Economy. Written under the
supervision of (i) Professor Lawrence R. Klein (Nobel Laureate) (ii) Professor (Late) Bela
Balassa and (iii) Professor Carl Christ.
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Publication on China and Regional Connectivity
1. “CPEC and its Trade Potential”, Paper presented at the CPEC – Logistics International
Forum (CLIF), organized by the National Logistics Cell, July 12-13, 2017, Islamabad
2. “Intra-Regional Connectivity and Business Growth in South “Asia and its Neighborhood”,
Paper Presented at the Rejuvenating Business for Pakistan’s progress, organized by the
National DEFENSE University, May 17, 2017.
3. “An Analysis of Chinese Outward Foreign Direct Investment in Emerging and
Development Countries”, Journal of Social, Political and Economics Studies, Fall 2017
(with Zachary Smith and Muhammad Zubair Mumtaz).
4. “China’s Reform: Lessons for Pakistan”, The Bulletin, Vol. 7, ed. 10, November 2016
‘(Official Monetary and Financial Institutions Forum (OMFIF), London.
5. Economic Rise of China: Lessons for Pakistan”, Blue Chip, October – December 2016,
Vol. 12.
6. “Foreword” of the Book Rise of China and the Asian Century, written by Ambassador
(R) Syed Hasan Javed, NUST Publishing 2016
7. “CPEC”: Its Impact on Pakistan’s Economy”, Paper Presented at the National EOT
Meeting on “Pakistan Economy of Today and Tomorrow: Challenges and
Perspectives”, organized by Friedrich – Ebert Stiftung in cooperation with Sustainable
Development Policy Institute, December 17, 2016, Lahore.
8. “Emerging Geo-Economic Trends and Dynamics of Regional Blocs”, Paper Presented
at the National Security and War Course 2017, National Defense University,
Islamabad September 28, 2016.
9. “China 2030” Paper Presented at the Beijing Forum Islamabad, May 24-26, 2016,
National University of Sciences and Technology.
10. “Rise of the Global South”, (Leading English Daily of Pakistan), The News, February
7, 2012.
11. “China’s Development Experience”, (Leading English Daily of Pakistan), The News,
April 10, 2012
12. China and SAARC” (Leading English Daily of Pakistan), The News, December 2011
13. “Reforming Reserve Currency”, (Leading English Daily of Pakistan), The News,
January 6, 2010.
14. “Regional Financial Cooperation”, (Leading English Daily of Pakistan), The News,
November 9, 2010.
15. “Case for Asian Monetary Fund”, (Leading English Daily of Pakistan), The News,
December 2, 2009.
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ARTICLES
1. “An Analysis of Chinese Outward Foreign Direct Investment in Emerging and Development
Countries”, Journal of Social, Political and Economic Studies, Fall 2017 (with Zachary
Smith and Muhammad Zubair Mumtaz)
2. “Energy Demand Elasticity in Pakistan: An Inter-temporal Analysis from Household Survey
Data of PIHS 2001-02 and PSLM 2010-11”, NUST Journal of Social Sciences and
Humanities, vol. 1. No. 1, July-December 2015 (with Umar Khalid)
3. “Rising Debt: A Threat to National Security”, NUST Journal of Social Sciences and
Humanities, vol. 2, No. 2, July – December 2016.
4. “Determinants of Household Savings in Pakistan: Evidence from Micro Data”, Journal of
Business and Economics, vol. 8, No. 2, July-December 2016 (with Umar Khalid and Lubna
Shahnaz)
5. “What Drives Stock Market Growth: A Case of a Volatile Emerging Economy”, Emerging
Markets Finance and Trade, Vol. 51, No. 1, 2015 (with Syed Mujahid Hussain, Timo
Korkeamaki and Danielle Xu)
6. “Consumption Patterns of Male and Female Headed Households in Pakistan: Evidence from
PSLM 2007-08”. The Pakistan Development Review, vol. 51, No. 4, Winter 2012 (with
Umar Khalid).
7. “Is Consumption Pattern Homogeneous in Pakistan? Evidence from PSLM 2007-08”
Pakistan Development Review, Vol. 50 NO 4 winter 2011
8. “Household Consumption Patterns in Pakistan: Evidence from Micro Data for the Year 2000-
01” NUST Journal of Business and Economics, (with Umer Khalid).
9. "Money, Income, Prices, and Causality: The Pakistani Experience "Journal of Developing
Areas, Spring 1999 (with Kaiser Bengali and Mahpara Sadaqat).
10. "Financial Liberalization, Savings and Economic Development in Pakistan". Economic
Development and Cultural Change, (Vol.46, No.3,April 1998) (with Lubna Hasan).
11. “The Experience of Trade Liberalization in Pakistan”, Pakistan Development Review,
Vol.37, No. 4, Part.II, Winter 1998.
12. “Trade and Regional Economic Cooperation.” Pakistan Journal of Applied Economics,
Vol. 14, Nos 1&2, 1998.
13. “Stylized Facts of Household Savings: Findings from the HIES 1993-94,” Pakistan
Development Review, Vol.37, No. 4, Part.II, Winter 1998.
14. “Comments on Mohsin S. Khan on Capital Flows to Developing Countries: Blessing or
Curse?” Pakistan Development Review, Vol. 37, No. 4, Part I, Winter 1998.
15. "Pakistan Budgetary Imbalance: Full Bags, Empty Purses" Pakistan Banker, Vol 7, July-
December, 1997.
16. "Exports and Employment: A Case Study" Economia Internazionale, Vol. L, No.2, May
1997 (with Sabiha Khanum).
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17. "The Demand for Money in Pakistan: An Application of Cointegration and Error-Correction
Modeling". Savings and Development, Vol.21, No.1, 1997 (with Syed Sajid Ali).
18. "Government Expenditure and Private Consumption in Pakistan". Journal of Public
Budgeting, Accounting & Financial Management Vol.9, No.3, Fall 1997. (with Afia
Malik).
19. “The New Regionalism in the Post-Uruguay Round: Options for Pakistan". National
Development and Security, Vol.VI, No.1, August 1997.
20. "Foreign Direct Investment in Pakistan: Policies and Trends", Pakistan Development
Review, Vol.36, No.4, Part II, Winter 1997.
21. "Public Finance, Fiscal Policy and the Analysis of National Budget of Pakistan" National
Development and Security Vol. IV, No.3, February 1996
22. "Emerging Global Trading Environment: Challenges for Pakistan" Asian Development
Review, Vol.14, No.2, 1996 (with Zafar Mahmood).
23. "Trade Strategies to the Post-Uruguay Round Trading Environment: A Case of Pakistan", In
UNCTAD study on Adaptation of Trade Strategies to the Post-Uruguay Round Trading
Environment. United Nations, New York 1996.
24. "Inflation in Pakistan Revisited". Pakistan Development Review. Vol.35, No.4, Part II,
Winter 1996 (with Mohammed Ali Qasim)
25. "Financial Sector Reform and its Impact Investment and Economic Growth: An Econometric
Approach". Pakistan Development Review, Vol.35, No.4, Part II, Winter 1996 (With M.
Aynul Hasan and S. Sajid Ali).
26. "Need and Scope for Further Reforms in the Financial Sector in Pakistan". Journal of
Institute of Bankers in Pakistan, Vol.61, No.2, June 1995
27. "Incidence of Unemployment and Poverty", in Sabur Ghayur (ed.) South Asia Employment
Generation and Poverty Alleviation, Friedrich Ebert Stiftung, Islamabad, May 1995.
28. "Exports, Growth and Causality: An Application of Cointegration and Error-Correction
Modeling". Pakistan Development Review, Vol.34, No.4, Winter 1995 (with Afia Malik and
Lubna Hasan).
29. "What Explains Current High Rate of Inflation in Pakistan?" Pakistan Development Review,
Vol.34, No.4, Winter 1995 (with M. Aynul Hasan, Hafiz A. Pasha and Ajaz Rashid).
30. "Financial Sector Reforms: What are the Issues?" in the State Bank of Pakistan (ed.) The 20th
SEANZA Central Banking Course, Karachi: State Bank of Pakistan, 1995.
31. "Financial Sector Reforms and Monetary Policy in Developing Countries: A Case of Pakistan"
in Peter Pauly (ed.) Proceedings of the Fall 1994 Project LINK Meeting. World Scientific
Publishing, London, 1995 (with Syed Sajid Ali).
32. "Export Sector Development in Pakistan: Past Experience and Current Prospects". In
UNCTAD study on Expansion of Trading Opportunities to the Year 2000 for Asia-Pacific
Developing Countries. United Nations, New York 1995.
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33. "Determinants of National Saving Rate in Pakistan". Economia Internazionale. Vol.XLVII,
No.4, November 1994 (with Lubna Hasan and Afia Malik).
34. "Land Transport and Communication Linkages in SAARC Countries" in Heinz Bongartz,
Klaus Klennert and Reinhold Plate (eds.) Perspectives on South Asian Cooperation.
Friedrich Ebert Stiftung, Pakistan Office, Islamabad, 1994.
35. "Impact of Devaluation on Pakistan's External Trade: An Econometric Approach". Pakistan
Development Review, Vol.33, No.4, Winter 1994. (with M. Aynul Hasan)
36. "Financial Liberalisation and the Demand for Money in Pakistan" Pakistan Development
Review, Vol.33, No.4, Winter 1994.
37. "Financial Liberalization and the Demand for Money in Pakistan: An Application of
Johansen's Cointegration Methodology". Submitted for Publication in the International
Economic Journal, May 1994 (with Syed Sajid Ali).
38. "Experience of Economic Cooperation within SAARC Countries", in Wolfgang Heinz (ed.)
The European Community and the South Asian Association for Regional Cooperation. Friedrich Nauman Stiftung, Brussel, December 1993.
39. "Exports and Economic Growth: The Pakistan Experience" International Economic
Journal, Vol.7, No.3, Autumn 1993.
40. "Analysis of Savings Behaviour in Pakistan" Savings and Development, No.2, 1993.
41. "Substitution among Labour, Capital, Imported Raw Materials, and Bank Credit in Pakistan's
Manufacturing". Pakistan Development Review, Vol.32, No.4, Winter 1993.
42. "Household Size, its Composition and Consumption Patterns in Pakistan: An Empirical
Analysis Using Micro Data". Indian Economic Review, Vol.XXVII, No.1, 1992 (with
Nadeem A. Burney).
43. "Socio-Economic Characteristics and Household Savings: An Analysis of Household Saving
Behaviour in Pakistan. Pakistan Development Review, Vol.31, No.1, 1992.
44. "Comments on Peter A. Cornelisse and Elma van de Mortel on Public and Private Net Savings
in Developing Countries: Some Empirical Tests for the Period 1972-88". Pakistan
Development Review, Vol 31, No.4, Winter 1992.
45. "Dependency Ratio, Foreign Capital Inflows and the Rate of Savings in Pakistan". Pakistan
Development Review, Vol.31, No.4, Winter 1992.
46. "Rainfall, Risks and Production Response in Pakistan's Agriculture". Pakistan Economic and
Social Review, Vol.XXX, No.2, Winter 1992. (with Zafar Iqbal).
47. "A Link Model for South Asia", in Syed Nawab Haider Naqvi, and Syed A. Samad (eds.)
South Asian Link: An Econometric Study. New Delhi: Oxford University Press (May
1992) [with Syed Nawab Haider Naqvi].
48. "A Macroeconometric Model for Pakistan", in Syed Nawab Haider Naqvi and Syed A. Samad
(eds.) South Asian Link: An Econometric Study. New Delhi: Oxford University Press, May
1992 (With Syed Nawab Haider Naqvi).
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49. "Fiscal Deficits and Private Sector Activities in Pakistan". Economia Internazionale, (Vol.
XLIV, No.2-3, 1991 (With Zafar Iqbal).
50. "Household Consumption Behaviour in Pakistan: A Rural-Urban Comparison Using Micro
Data". Pakistan Development Review, Vol. 30, No.2, Summer 1991 (With Nadeem A.
Burney).
51. "Supply Response in Pakistan's Agriculture". International Journal of Development
Planning Literature, Vol.6, No.1, 1991 (with Zafar Iqbal).
52. "Employment Creation Effects of Pakistan's Exports". Pakistan Development Review,
Vol.30, No.4, Winter 1991
53. "Comments on Gustar F. Papanek on Market or Government: Lesson from a Comparative
Analysis of the Experience of Pakistan and India". Pakistan Development Review, Vol.30,
No.4, Winter 1991.
54. "Wagner's "Law" and the Developing Economy: A Time Series Evidence from Pakistan",
Indian Economic Journal, July-September, 1990.
55. "Money, Prices and Economic Activity in Pakistan: A Test of Causal Relation". Pakistan
Economic and Social Review. Vol.XXVIII, No.2, Winter 1990. (With Ahmed Naeem
Siddiqui).
56. "On the Measurement of Technical Progress", International Journal of Development
Planning Literature. Vol.5, No.1, January-March, 1990 (with Rizwana Siddiqui)
57. "A Re-examination of the Stability of the Demand for Money in Pakistan", Journal of
Macroeconomics, Vol. 12, No.2, Spring 1990 (with Mushtaq Ahmad).
58. "Demand for Factors of Production in the Manufacturing Industries in Pakistan", in S.N.
Hyder (ed.) Employment Issues in Pakistan: Review of Some Evidences. Islamabad:
Pakistan Manpower Institute, 1990.
59. "The Impact of Advertising on Aggregate Consumption Function" Pakistan Development
Review, Vol.28, No.4, 1989 [With Rizwana Siddiqui].
60. "The Two Level CES Production Function for the Manufacturing Sector of Pakistan",
Pakistan Development Review, Vol.28, No.1, Spring 1989.
61. "The Demand for Money in Pakistan: Quarterly Results 1972-87" Pakistan Economic and
Social Review, February 1989, (With Bilquees Raza).
62. "Comments on Lutz Hoffmann on South Asia and European Integration - Lesson from the
Past and Future Prospects" Pakistan Development Review, Vol.28, No.4, Winter 1989.
63. Budgetary Deficit: Options and Limitations". PIDE Tidings, Vol.1, No.3, September-
December 1989.
64. "Public Spending and Deficits: Evidence from a Developing Economy", Public
Finance/Finances Pubiques, Vol.XXXXIII, No.3, 1988. Abstract published in Journal of
Economic Literature, Vol.XXVIII, No.1, March 1990.
65. "Fiscal Dependence on Trade Taxes and Economic Development: A Case Study of Pakistan",
Public Finance/Finances Publiques. Vol.XXXXIII, No.1, 1988, Abstract published in
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Journal of Economic Literature, Vol.XXVI, No.2, June 1989.
66. "Factor Demand in Pakistan's Manufacturing Sector" International Economic Journal,
Vol.2, No.3, Autumn 1988.
67. "Financial Repression, Financial Development and the Structure of Savings in Pakistan".
Pakistan Development Review, Vol.27, No.4, 1988.
68. "Macroeconomic Policy and Private Investment in Pakistan", Pakistan Development
Review, Vol.XXVII, No.3, Autumn, 1988.
69. "Comments on Aynul Hasan on Is there a Phillips Curve in Pakistan". Pakistan Development
Review, Vol.XXVII, No.4, Winter 1988.
70. "Aggregate Consumption Function and Income Distribution Effect: Some Evidence from
Developing Countries", World Development, November 1987.
71. "Real Money Balances in the Production Function of a Developing Country" The Review of
Economics and Statistics, May 1985 (With Mushtaq Ahmed).
72. "Possibilities of Regional Trade Expansion: A Link Model for Pakistan, India, Bangladesh
and Sri Lanka", The Pakistan Development Review, Vol.XXIII, No.1, Spring 1984 (With
Syed Nawab Haider Naqvi and Ather Maqsood Ahmed).
73. "Additional Evidence on Inflation Variability: The Experience of Asian Countries",
Economic Letters 12 (1983) (With Kalbe Abbas).
74. "The Demand for Money and the Variability of the Rate of Inflation: An Empirical Note"
Economics Letters 10 (1982).
75. "Permanent Income, Inflation Expectations and the Money Demand Function in Developing
Countries", The Pakistan Development Review, Vol.XXI, No.4, Winter 1982.
76. "Adjustment-Mechanism and the Money Demand Function in Pakistan", Pakistan Economic
and Social Review, No.1, Summer 1982.
77. "An Analysis of the Demand for Money in Pakistan", Journal of Institute of Bankers in
Pakistan, June 1982.
78. "The Demand for Money in Pakistan: Some Further Results". The Pakistan Development
Review, Vol.XIX, No.1, Spring 1980.
79. "A Link Model for Pakistan, India, Bangladesh and Sri Lanka", Research Report Series
No.138, Pakistan Institute of Development Economics, Islamabad, 1982 (With Syed Nawab
Haider Naqvi).
80. "The Demand for Money in Pakistan: A Disaggregated Analysis". Research Report Series
No.114, Pakistan Institute of Development Economics, Islamabad. 1981.
81. "Estimates of Money Supply in Pakistan: 1959-60 to 1978-79", Statistical Papers Series
No.1, Pakistan Institute of Development Economics, Islamabad, 1980 (With A.R. Kemal and
Faiz Bilquees).
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Paper Presented in International Conference
82. "An Econometric Model of Pakistan". Presented at the World conference on Econometric
Modelling in Semi-Industrialized and Developing Economies. Organized by the Applied
Econometric Association on December 10-12, 1986 in Istanbul (Turkey).
83. "A Macroeconometric Study of the Growth Prospects of Pakistan's Economy". Presented at
the Project LINK meeting held at the United Nations, New York, March 9-11, 1987.
84. "Growth Prospects of Pakistan's Economy", Presented at the Regional Seminar on Interlinked
Country Model System held in Bangkok (Thailand) on November 17-20, 1987.
85. "Growth Prospects of Pakistan's Economy", Presented at the Project LINK meeting held at the
United Nations, New York, March 7-9, 1988.
86. "Financial Repression, Financial Development and Structure of Savings in Pakistan",
Presented at the Project LINK meeting held at the Korean Development Institute (KDI), Seoul,
South Korea from November 7-11, 1988.
87. "A LINK model for South Asian Countries". Presented at the Review Meeting on Econometric
Modelling of Trade in South Asia in Kuala Lumpur (Malaysia) held on December 7-8, 1988
(With Syed Nawab Haider Naqvi).
88. "Pakistan's Economy: Past Performance and Future Outlook". Presented at the Workshop on
Asian Economic Outlook held at the Asian Development Bank, Manila on January 16-18,
1989 (With Syed Nawab Haider Naqvi).
89. "Pakistan's Economy: Past Performance and Future Outlook". Presented at the Workshop on
Asian Economic Outlook held at the Asian Development Bank, Manila on November 13-16,
1989 (With Syed Nawab Haider Naqvi).
90. "Economic Outlook for Pakistan under Alternative Scenarios". Presented at the Regional
Seminar on Interlinked Country Model System Organized by the ESCAP in Beijing (People's
Republic of China) on October 22-24, 1990 (with Syed Nawab Haider Naqvi).
91. "Pakistan's Economy: Past Performance and Future Outlook". Presented at the Workshop on
Asian Economic Outlook held at the Asian Development Bank, Manila on November 5-9,
1990 (with Syed Nawab Haider Naqvi).
92. "Service Trade and Asian Economies: A Case Study of Pakistan". Presented at the Project
LINK meeting held at the Asian Development Bank, Manila, Philippines on November 5-9,
1990.
93. Outlook of Pakistan's Economy Under Alternative Scenarios". Paper presented in the Project
LINK Meeting at the United Nations, New York on March 6-8, 1991 (with Syed Nawab
Haider Naqvi).
94. "Pakistan Economy: Recent Performance and Future Prospects". Paper presented at the
Fourth Workshop on Asian Economic Outlook, organized by the Asian Development Bank,
Manila, Philippines on October 28-31, 1991 (With Syed Nawab Haider Naqvi).
95. "Pakistan's Economy: Current Performance and Future Outlook". Paper Presented at the
Project LINK Meeting at the United Nations Headquarter, New York, on March 4-7, 1992
(with Syed Nawab Haider Naqvi).
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96. "Pakistan's Economy: Current Performance and Future Outlook". Paper Presented at the
Project LINK Meeting held in Ankara (Turkey) on September 14-18, 1992 (with Syed
Nawab Haider Naqvi).
97. "Pakistan's Economy: Current Performance and Future Outlook" Paper presented at the
Project LINK Meeting held at the United Nations Headquarter, New York on March 10-13,
1993 (with Syed Nawab Haider Naqvi).
98. "Experience of Economic Cooperation within SAARC". Paper Presented at the European
Community and the South Asian Association for Regional Cooperation Conference,
Organized by the Friedrich-Naumann Stiftung on June 6-12, 1993 in Brussels (Belgium).
99. "Pakistan's Economy: Current Performance and Future Outlook". Paper presented at the
Project LINK Meeting held in Beijing (China) on September 13-17, 1993.
100. "Experience of Economic Cooperation Among South Asian Countries". Paper presented at
the Project LINK Meeting held in Beijing (China) on September 13-17, 1993.
101. Pakistan Economy: Current Performance and Future Outlook". paper presented at the Project
LINK Meeting held in Salamanca, Spain on September 12-16, 1994 (with Syed Nawab
Haider Naqvi).
102. "Financial Sector Reforms and Monetary Policy in Developing Countries: A Case of
Pakistan". Paper presented at the Project LINK Meeting held in Salamanca, Spain on
September 12-16, 1994.
103. "Current Performance of Pakistan's Economy and Future Outlook", paper presented at the
Project LINK Meeting held at the United Nations Headquarter, New York, on March 15-18,
1995. (with Syed Nawab Haider Naqvi)
104. "Pakistan Economy: Current Performance and Future Outlook", paper presented at the Project
LINK Meeting held in Pretoria South Africa on September 25-29, 1995.
105. "Country Report: Pakistan". Paper presented at the Project LINK Meeting held at the United
Nations Headquarter, New York on March 25-28, 1996.
106. "The New Regionalism in the Post-Uruguay Round: Options for Pakistan". Paper presented
at the 20th American Committee on Asian Economic Studies (ACAES) Conference on "The
New Industrial Revolution in Asian Economies", May 14-17, 1996, Kuala Lumpur,
Malaysia.
107. "Country Report: Pakistan". Paper presented at the Project LINK Meeting held in Kuala
Lumpur, Malaysia on September 22-26, 1997.
108. "Country Report: Pakistan". Paper presented at the Project LINK Meeting held in Kuala
Lumpur, Malaysia on September 22-26, 1997.
109. "Economic and Financial Crises in East and South-East Asia: Lessons for Pakistan". Paper
presented at the Regional Seminar on the Recent Financial Crises in East and South-East
Asia, organized by the Asian Development Bank, Manila in Dhaka (Bangladesh), February
16-17, 1998.
110. “Foreign Direction Investment in Pakistan: Policies and Trends”. Paper presented at the
Wissenschaftszentrum Berlin fuer Sozialforschung (WZB), Berlin, Germany on October 18-
14
20, 1998.
111. “Globalization and Foreign Direct Investment in Pakistan” Paper presented at the Asia-Pacific
Weeks Conference in Berlin on October 4-6, 1999.
112. "Country Report: Pakistan". Paper presented at the Project LINK Meeting held in New York,
USA on April 17-20, 2000.
113. "Country Report: Pakistan". Paper presented at the Project LINK Meeting held in Oslo
Norway on October 2-6, 2000.
114. E-Commerce: Challenges and Opportunities”. Paper presented at the Quality Conference in
Abu Dhabi on October 21-24, 2000.
115. “Pakistan’s Macroeconomic Situation and Reform Agenda”. Paper presented at the Asia-
Pacific Weeks Conference in Berlin on September 21, 2001.
116. “Recent Economic Performance, Impact of September 11 and Short-Term Economic Outlook
of Pakistan”, Paper presented at the 14th Workshop on Asian Economic Outlook, Asian
Development Bank, Manila, Philippines, December 11-12, 2001.
117. “Debt, Growth and Poverty Alleviation: A Case of Pakistan”. Paper presented at the ADB –
IDRC Seminar on Poverty, Trade and Growth: Issues in Sustainable Development, Asian
Development Bank, Manila, Philippines, October 29-30, 2003.
118. “Pakistan: Economic Prospects and Investment Opportunities”. Paper presented at the First
Economic Congress of Casa Asia, Barcelona, Spain, December 3-4, 2003.
119. “Pakistan’s Economic Turnaround: Lessons for Africa”. Paper Presented at the Conference
on “Globalization & Economic Success” Cairo, Egypt. November 13 – 14, 2006.
Paper Presented at the National Conference/Seminar
120. "An Analysis of Inflation in Pakistan: A Non-Traditional Approach". Presented at the Annual
Conference of the Pakistan Economic Association in Lahore May 1-2, 1982.
121. "Demand for Factors of Production in the Manufacturing Industries in Pakistan". Presented at
the Workshop on Employment Promotion organized jointly by Pakistan Manpower Institute
and Friedrich Ebert Stiftung, Federal Republic of Germany, November 28-29, 1987,
Islamabad.
122. "Financial Repression, Financial Development and Structure of Savings in Pakistan".
Presented at the Fifth Annual General Meeting of the Pakistan Society of Development
Economist (PSDE), January 4-6, 1989, Islamabad.
123. "An APDC LINK Model for South Asia". Presented at the Final Meeting on Econometric
Modelling of Trade in South Asia, Organized jointly by the Asian and Pacific Development
Center (APDC), Kuala Lumpur and the Pakistan Institute of Development Economics (PIDE),
June 25-28, 1989. Islamabad.
124. "The Impact of Advertising on the Private Consumption in Pakistan". (With Rizwana
Siddiqui) Presented at the Sixth Annual General Meeting of the Pakistan Society of
Development Economist (PSDE), January 8-10, 1990, Islamabad.
15
125. "Employment Effects of Pakistan's Exports" Paper presented at the Seventh Annual General
Meeting of the Pakistan Society of Development Economist (PSDE), January 8-10, 1991,
Islamabad.
126. Implications of the Auction of Government Debt". Paper presented in the Workshop on the
State of the Economy, organized by the Institute of Policy Studies, August 16-17, 1991 in
Islamabad.
127. "Dependency Ratio, Foreign Capital Inflow and Structure of Savings in Pakistan", (with Luba
Hasan and Afia Malik). Paper presented at the 8th Annual General Meeting of the Pakistan
Society of Development Economists (PSDE), January 7-9, 1992.
128. "Auction of Internal Public Debt: An Update". Paper presented at the Meeting of the Working
Group on State of the Economy, organized by the Institute of Policy Studies, Islamabad on
January 15-16, 1993.
129. "Substitution Among Labour, Capital, Imported Raw Materials, and Bank Credit in Pakistan's
Manufacturing Sector". Paper presented at the 9th Annual General meeting of the Pakistan
Society of Development Economists (PSDE), January 7-10, 1993, Islamabad.
130. "Financial Liberalization and the Demand for Money in Pakistan". Paper Presented at the 10th
Annual General Meeting of the Pakistan Society of Development Economists (PSDE), April
2-5, 1994, Islamabad.
131. "Impact of Devaluation on Pakistan's External Trade: An Econometric Approach". Paper
Presented at the 10th Annual General Meeting of the Pakistan Society of Development
Economists (PSDE), April 2-5, 1994, Islamabad.
132. "Education and Industrial Growth in Pakistan". Paper presented in the SAARC Conference
organized by the University Grants Commission in Islamabad on August 16-18, 1994 (with
Zafar Mahmood).
133. Growth, Employment and Human Security under Alternative Scenarios". Paper Presented in
the Global Human Security seminar organized by the Society for International Development,
Islamabad Chapter, October 23, 1994.
134. Incidence of Unemployment and Poverty under Alternative Scenarios". Paper Presented in the
Regional Workshop on Employment Generation an Poverty Alleviation, organized jointly by
the Friedrich Ebert Stiftung, Pakistan Office and the Pakistan Administrative Staff College in
Lahore, October 30, 1994.
135. "What Explains Current High Rate of Inflation in Pakistan?". Paper presented at the 11th
Annual General Meeting of the Pakistan Society of Development Economists (PSDE), April
18-21, 1995, Islamabad (With M. Aynul Hasan, Hafiz A. Pasha and Ajaz Rashid).
136. "Exports, Growth and Causality: An Application of Cointegration and Error-Correction
Modelling". Paper presented at the 11th Annual General Meeting of the Pakistan Society of
Development Economists (PSDE), April 18-21, 1995, Islamabad. (With Afia Malik, and
Lubna Hasan).
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137. "Macroeconomic Policies and Structural Reforms in Pakistan". Paper presented at the Seminar
on The Micro Impact of Macroeconomic and Adjustment Policies (MIMAP), organized by the
Pakistan Institute of Development Economics, Islamabad on November 12-13, 1995 in
Islamabad.
138. "Intra-SAARC Trade in South Asia: Problems and Prospects". Paper presented in a and
Prospects, organized by the Institute of Regional Study, December 4-5, 1995, Islamabad.
139. "Growth, Employment and Poverty Alleviation in Pakistan". Paper presented in the
International Seminar on "Poverty Alleviation", organized by the Institute of Policy Studies,
December 15-16, 1995, Islamabad.
140. "The New Regionalism in the Post-Uruguay Round: Options for Pakistan". Presented in the
IBA National Conference on Business Administration and Economics, July 20 - 22, 1996,
Karachi.
141. "Inflation in Pakistan Revisited". Paper presented in the 12th Annual General Meeting of the
Pakistan Society of Development Economists (PSDE). December 14-16, 1996, Islamabad
(With Mohammad Ali Qasim).
142. "Financial Sector Reforms and Its Impact on Savings and Economic Growth". Paper presented
in the 12th Annual General Meeting of the Pakistan Society of Development Economists
(PSDE). December 14-16, 1996, Islamabad (With M. Aynul Hasan and Syed Sajid Ali).
143. "Inflation in Pakistan Revisited". Paper presented in the Training Course on Reconciling
Policies for Economic Growth and Development with Moderating Inflation organized jointly
by Economic Development Management in Asia and the Pacific (EDAP) and Pakistan
Institute of Development Economics (PIDE), August 1997.
144. "Trade and Regional Economic Cooperation". Paper presented at the State of the Economy:
Prospects for Progress, organized by the Applied Economics Research Centre, Univesity of
Karachi, March 3-4, 1998.
145. "The Experience of Trade Liberalization in Pakistan." Paper presented in the 14th Annual
General Meeting of the Pakistan Society of Development Economists (PSDE). January 28-31,
1999, Islamabad.
146. Stylized Facts of the Household Savings--Findings from the HIES 1993-94 Paper presented
in the 14th Annual General Meeting of the Pakistan Society of Development Economists
(PSDE). January 28-31, 1999, Islamabad (with Zafar M. Nasir).
Book Review
1. Ashok Parikh. The Estimation and forecasting of Trade Shares. Bangkok: United Nations
Publication, 1986. 344 pp. (Development Papers No.5) Appeared in the Pakistan
Development Review, Vol.28, No.2, Summer 1989.
Thesis Supervised
2. Comparative Analysis of the Independence of Central Banks in the Asian Pacific Region ,
BBA Thesis by the Fatima Hamid ,Mahak Firdous and Mohammad, NUST Business School
2011
17
3. Analysing the Adequacy of Basel II and Basel III for Financial Stability ,BBA Thesis by
Mehreen Ahmed, Rabya Suleman and Zubair Rauf , NUST Business School 2011
4. An Analysis of Inflation in Pakistan, BBA Thesis by Hira Saleem, Mohsin Khan and Zohaib
Riaz NUST Business School, 2010
5. Impact of Interest Rate, Inflation and Price Uncertainty on Aggregate Consumption in
Pakistan. M.A. Thesis by Allah Ditta. November 1982, Quaid-i-Azam University,Islamabad
6. The IMF Stabilization Packages in the Context of Pakistan. M.A. Thesis by Sunniya Durrani,
1989 Quaid-i-Azam University Islamabad.
7. Export and Employment: A Case Study of Pakistan. M.Phil Thesis by Sabiha Khanum, April
1993.Quaid-i- Azam University, Islamabad
8. Migration, Remittances and Private Consumption in Pakistan: A Macroeconometric Study.
M.Phil Thesis by Nadia Salam, July 1993, Quaid-i-Azam University, Islamabad.
9. Financial Liberalization, Money Demand, and the Monetary Policy in Pakistan. M.Phil Thesis
by Syed Sajid Ali, June, 1994, Quaid-i-Azam University, Islamabad.
10. International Capital Mobility and Saving-Investment Relationship: Some Evidence from
South Asian Countries. M.Phil Thesis by Khoula Faizi, August, 1995, Quaid-i-Azam
University, Islamabad.
Papers Written for the Government
11. An Analysis of Inflation and Growth in Pakistan". Submitted to the Advisor to the Prime
Minister for Finance, Planning and Economic Affairs, August 11, 1994 [with Syed Nawab
Haider Naqvi].
12. "Post-Gulf War Developments and Their Impact on Pakistan's Economy". Submitted to the
President of Pakistan. August 1991 [With Syed Nawab Haider Naqvi].
13. "Gulf Crisis, Cessation of US Aid and Self-Reliance". Submitted to the President of Pakistan.
March 1991 [With Syed Nawab Haider Naqvi].
14. "On Attaining Self-Reliance". Submitted to the President of Pakistan. December 1990 [with
Syed Nawab Haider Naqvi].
15. "Economic Outlook for 1989-90 and 1990-91 under Alternative Scenarios". Submitted to the
President of Pakistan. July 1990 [With Syed Nawab Haider Naqvi].
16. "Using an Inflation Equation to Estimate the Inflationary Consequences of an Increase in the
Prices of POL Products". Submitted to the Advisor to the Prime Minister for Finance,
Planning and Economic Affairs. March 1990 [With Syed Nawab Haider Naqvi].
17. "Economic Outlook for 1988-89 and 1989-90: PIDE's Forecasts". Submitted to the Advisor to
the Prime Minister for Finance, Planning and Economic Affairs. May 1989 [With Syed
Nawab Haider Naqvi].
18. "A Note on the Impact of Additional Taxation on the General Price Level". Submitted to the
Advisor to the Prime Minister for Finance, Planning and Economic Affairs, March 1989.
[With Syed Nawab Haider Naqvi].