The High-Intensity Entrepreneur

Article titled “The High-Intensity Entrepreneur” by Anne S. Habiby and Deirdre M. Coyle, Jr. has appeared in Harvard Business Review and is creating waves in academic and industrial circles. The article presents the case of entrepreneurship in the developing world and the important role it is playing in moving the sluggish economies of the countries forward. The inspirational stories on entrepreneurship are not only coming from Silicon Valley, Cambridge Research Parks and other traditional seats where knowledge is being generated, but also coming from Beirut, Saudi Arabia and yes from Pakistan too. The article motions Pakistan’s Air Blue success story.

There are so many other successful entrepreneurship examples in Pakistan. We only have to look around. In these times of dooms and gloom, our economists and writers can identify the best growth companies and given them a little visibility. That will help education and industry in Pakistan. And we will have something to look forward to.

I suggest you read The High-Intensity Entrepreneur (subscription required) and see what is the central idea and how we can use it in our own settings.

Development Challenges in the New Decade - April 23, 2010

Related: Development Challenges in the New Decade, Development Challenges in the New Decade - April 22, 2010

Development Challenges in the New Decade - April 22, 2010

Related: Development Challenges in the New Decade

Development Challenges in the New Decade

The Lahore School of Economics is having its Sixth Annual Conference on the Management of the Pakistan Economy on the 22nd – 23rd of April, 2010 at the Lahore School main campus (on Burki Road). The theme of this year's Conference is "Development Challenges in the New Decade".

The Conference will bring together a group of distinguished academic researchers and decision makers from the private and public sectors. In each session the speakers will present papers related to the theme which will be followed by a short discussion.

The next decade is an important one for Pakistan, if it can successfully deal with the key challenges it faces, Pakistan can make the transition to a middle income country by 2020. These challenges include addressing the recurrent energy crises, developing an efficient water resources management system, overcoming the persistent poor government revenue mobilization effort and bridging the growing regional disparities and lack of trust between the four provinces. It is hoped that the papers and deliberations at the Conference will help in the formulation of policies to put the country on a sustainable growth path.

Development Challenges in the New Decade

Lahore School of Economics annual conference on Management of Pakistan Economy will be held on April April 22-23, 2010. Theme of this year is "Development Challenges in the New Decade." 

Pakistan: The Forgotten Asian Economic Success

Lahore School of Economics Center for Research in Economics and Business held a seminar by Dr. Mathew McCartney on Monday April 5, 2010 at Mahmood Chaudhry Library.The topic of the seminar was: Pakistan 1951-2001: The Forgotten Asian Economic Success. There is an almost uniformly negative perception of Pakistan’s economy in current media and academia, this view is sharpened by the very positive reporting of India – the new Asian Giant/ Miracle. It is firstly interesting to remember how such images have changed dramatically over time. In the 1960s for example Pakistan was widely seen as a ‘miracle’ economy with a modernizing and pro-western leader and India as a country becoming increasingly impossible to govern and facing a future of likely mass famine.

Here are some reference that can answer questions about a uniformly negative view of Pakistan today, views changing over time, making a judgment about economic success and ways of judging.

Long Run Growth: Theory

Acemoglu, D (2003), ‘Root Causes: A Historical Approach to Assessing the Role of Institutions in Economic Development’, Finance and Development, June, p27-30.

Acemoglu, D S.Johnson and J.A.Robinson, (2001), ‘The Colonial Origins of Comparative Development: An Empirical Investigation’, American Economic Review, 91, p1369-1401.

Bardhan, P (1993), ‘Symposium on Democracy and Development’, Journal of Economic Perspectives, 7:3, Summer, p45-49.

Easterly, W and R.Levine (1997), ‘Africa’s Growth Tragedy: Policies and Ethnic Divisions’, Quarterly Journal of Economics, 112, p1203-1250.

Easterly, W and R.Levine (2003), ‘Tropics, Germs and Crops: How Endowments Influence Economic Development’, Journal of Monetary Economics, 50:1, January.

Gallup, J.L and J.D.Sachs (1999), ‘Geography and Economic Development’, Centre for International Development, Harvard University, Working Paper No 1, March….available on the web.

Sachs, J.D (2003), ‘Institutions Matter, but not for Everything: The Role of Geography and Resource Endowments in Development Shouldn’t be Underestimated’, Finance and Development, June, p38-41.

Sokoloff, K.L and S.L.Engerman (2000), ‘History Lessons: Institutions, Factor Endowments, and Paths of Development in the New World’, Journal of Economic Perspectives, 14:3, p217-232, Summer.

Woods, D (2004), ‘Latitude or Rectitude: Geographical or Institutional Determinants of Development’, Third World Quarterly, 25:8, p1401-1414.

Long Run Growth: Pakistan

Ahmed, V and R.Amjad (1984), ‘The Management of Pakistan’s Economy, 1947-82’, Oxford University Press, Chapter 1.

Burki, S.J (1999), ‘Pakistan: Fifty Years of Nationhood’, Third Edition, Westview Press, Chapters 1, 2, 3, 4.

Easterly, W (2004), ‘The Political Economy of Growth Without Development: A Case Study of Pakistan’, http://ksghome.harvard.edu/~drodrik/Growth%20volume/Easterly-Pakistan.pdf

Hasen, P (1998), ‘Pakistan’s Economy at the Crossroads: Past Policies and Present Imperatives’, Oxford University Press Chapter 1.

Jaffrelot, C (Eds), ‘A History of Pakistan And its Origins’, Anthem Press, Chapter 8.

Jalal, A (1990), ‘The State of Martial Rule: The Origins of Pakistan’s Political Economy of Defence’, Cambridge University Press, Chapter 2 and 3.

Jalal, A (1995), ‘Democracy and Authoritarianism in South Asia: A Comparative and Historical Perspective’ Cambridge University Press, Chapters 1, 2.

Kemal, A.R M Ud Din and U.Qadir (2006), ‘Economic Growth in Pakistan’, in K.S.Parikh (2006), ‘Explaining Growth in South Asia’, New Delhi, Oxford University Press.

Kurosaki, T (1999), ‘Agriculture in India and Pakistan, 1900-95: Productivity and Crop Mix’, Economic and Political Weekly, pA160-168.

Talbot, I (1998), ‘Pakistan: A Modern History’, C.Hurst and Co, Introduction.

Zaidi, S.A (2005), ‘Issues in Pakistan’s Economy’, Oxford University Press, 2nd Edition, Chapter 1.

Long Run Growth: India

Acharya, S et al (2006), ‘Economic Growth in India, 1950-2000’, in K.S.Parikh (2006), ‘Explaining Growth in South Asia’, New Delhi, Oxford University Press.

Bagchi, A.K (1976), ‘De-Industrialisation in India in the Nineteenth Century: Some Theoretical Implications’, Journal of Development Studies

Bagchi, A.K (1982), ‘The Political Economy of Underdevelopment’, Cambridge University Press, Relevant parts of Chapter 4.

Banerjee, A and L.Iyer (2005), ‘History, Institutions, and Economic Performance: The Legacy of Colonial Land Tenure Systems in India’, American Economic Review, 95:4, p1190-1213.

Brass, P.R (1996), ‘The Politics of India Since Independence’, 2nd Edition, Cambridge University Press, Chapter 1.

Chandra, N.K (1982), ‘Long-Term Stagnation in the Indian Economy, 1900-75’, EPW, Annual Number, April.

Corbridge, S and J.Harriss (2000), ‘Reinventing India: Liberalisation, Hindu Nationalism and Popular Democracy’, Polity Press, Chapters 1 and 2.

De-Long, B (2004), ‘India Since Independence: An Analytic Growth Narrative’…http://ksghome.harvard.edu/~drodrik/Growth%20volume/DeLong-India.pdf

Dreze, J and A.Sen (1995), ‘India: Economic Development and Social Opportunity’, Oxford University Press, Chapters 1, 2 and 3.

Joshi, V and I.M.D.Little (1994), ‘India: Macroeconomics and Political Economy, 1964 – 1991’, Oxford University Press, Chapter 3.

Kurosaki, T (1999), ‘Agriculture in India and Pakistan, 1900-95: Productivity and Crop Mix’, Economic and Political Weekly, pA160-168.

Lucas, R.E.B and G.F.Papanek (Eds) (1988), ‘The Indian Economy: Recent Developments and Future Prospects’, Oxford University Press, Chapter by Ahluwalia.

Srinivasan, T.N (1998), ‘India’s Export Performance: A Comparative Perspective’ in India’s Economic Reforms and Development: Essays for Manmohan Singh – Ed I.J.Ahluwalia and I.M.D.Little, Oxford University Press.

Virmani, A (2004), ‘India’s Economic Growth From Socialist Rate of Growth to Bharatiya Rate of Growth’, ICRIER Working Paper 122….on the web.