The main thrust of the book is that the respective roles of the state and the market have been reversed in the case of Pakistan, with the result that the benefits are reaped by the elite classes only. This small minority continues to enjoy the unjust accumulation of wealth in the midst of widespread poverty and squalor. The author establishes that such a situation is socially and economically not sustainable.
ABOUT THE AUTHOR Ishrat Husain
Dr Ishrat Husain is currently the Governor, State Bank of Pakistan. He possesses a unique and rare combination of hands-on-experience in the field as a civil servant, policy-maker at national and international levels (World Bank) and a scholar in the field of development economics. He has produced more than dozen books and monographs, is a regular contributor to journals and newspapers and is a sought after speaker at seminars and conferences both in Pakistan and abroad.
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