This major research study launched by the Lahore School of Economics in 2016, coordinated by GIDS and conducted together with Economics Faculty, is visualized as a long-term research project which will build-up a body of knowledge and analysis into the last five hundred years of Pakistan’s economic history starting from the eve of the Mughal Period to the creation of Pakistan and its over seventy years history. An important part of the project is to build-up a knowledge and data base by collecting historical publications (or their re-prints) covering this overall period as well as build-up a statistical data base on key economic indications (population, GDP, agriculture, industry, services, human development indicators, trade).

Economic History Society has also been revived as a part of the project. The first meeting of the Economic History Society was held on 12th January, 2019. Two working papers, “The Economics History of Pakistan since Mughals, 1520-2020: An Outline” by Dr. Rashid Amjad and “British Administration in Agrarian Punjab: order versus transformation (1849-1906)” by Maham Hameed have been published in 2019.

The outputs of this project will include books, monographs and working papers to be published by the Lahore School of Economics:

Main Researchers: Dr. Rashid Amjad (Co-ordinator), Dr. Naved Hamid, Dr. Azam Chaudhry, Dr. Fareeha Zafar, Dr. Shahnaz Rouse (Visiting Faculty), Dr. Khalil Hamdani (Visiting Faculty), Dr. Zafar Shaheed (Visiting Faculty).

Assisted by: Ms. Maham Hameed.

The Economic History of Pakistan since the Mughals, 1520-2020: An Outline
by Rashid Amjad

Working Paper 01-2019, EHPS, Lahore School of Economics.

British Administration in Agrarian Punjab (1849-1906): order versus transformation
by Maham Hameed

Working Paper 02-2019, EHPS, Lahore School of Economics.

The State of Lahore under Colonialism: A Political Economic Analysis
by Shahnaz Rouse

Working Paper 03-2019, EHPS, Lahore School of Economics.

Gender research areas:

  1. Gender roles in economic and social relations and the impact on development
  2. The gendered impact of economic changes on labour market opportunities and inequalities in access to economic resources
  3. Patriarchy, culture and violence
  4. Analysis of policies and institutions on women’s empowerment.

The Centre on International Migration, Remittances and Diaspora (CIMRAD) was established in 2014 by the Lahore School of Economics and is the first institute of its kind in Pakistan. The Centre specializes in the study and analysis of international migration and its social and economic consequences –with a focus on the diaspora and the flow of remittances.

According to the estimates of the United Nations in 2013, there were 232 million international migrants. Between the years 1990 and 2013, the number of international migrants increased by more than 50% (an increase of 77 million migrants), with most of this growth having occurred between 2000 and 2010. Pakistan is a net emigration country and is listed amongst the top five net emigration countries in the world. Total remittances to developing countries are estimated at US $405 billion in 2013, outweigh the total development assistance and in fact are much greater than foreign direct investment to developing countries (excluding China.) In view of their increasing importance, it is vital to identify and suggest policy measures aimed at maximizing these inflows through official channels and make best use of them for economic development. According to the World Bank, international migrants from developing countries are expected to send an estimated US $436billion to their home countries in 2014. Pakistan received an amount of $15 billion as remittances in the year 2013 which are equivalent to over 6% of its GDP in 2013. These were contributed by the strong and dispersed Pakistani diaspora, estimated to be 7 million according to the Government of Pakistan but may well be much higher. The Pakistani diaspora increases the demand for Pakistani goods worldwide—from exports ranging from basic local fruits to high end clothing brands to media content. While remittances can be beneficial to a country, international migrants can create a loss of skilled labor for their home country. For their host countries, migrants can create cultural tensions or face labor exploitation. These complex social, economic, and cultural issues will all be explored through the lens of CIMRAD’s research.

This research draws on the Lahore School of Economics fifteen annual conferences on “Management of the Pakistan Economy” and its recent publication “Pakistan: Moving the Economy Forward” (OUP, 2015) as well as recent research to come up with a fresh and updated publication on the Pakistan economy which takes as a starting point the earlier widely read and quoted, Viqar Ahmed and Rashid Amjad, “The Management of Pakistan’s Economy 1947-1982 (Oxford University Press, 1984).

Lead Researcher: Dr. Rashid Amjad.

Assisted by: Ms. Almazia Shahzad.

CPEC international agreement Need for language planning and policy (part I)

By: Sabiha Mansoor & Fareeha Zafar
Published in Daily Times on October 29, 2020

Monopolies and markets

Published in The News on November 03, 2020

IMF programme unlikely to be back on track soon

By Khaleeq Kiani
Published in DAWN on November 13, 2020

Pakistan balks at IMF demands over $6bn loan

Published in Financial Times

PM spells out 10-point action plan to avert economic collapse in developing countries

Published in The Express Tribune on December 05, 2020

PM emphasises on equitable GDP growth

By Mehtab Haider
Published in The News on April 20, 2021

Current account shows $959m surplus for first nine months

By Shahid Iqbal
Published in DAWN on April 24, 2021

WB approves over $440m for water, sanitation services in Punjab

By Amin Ahmed
Published in DAWN on June 21, 2021

Why is the IMF so unpopular?

By Usman Hayat
Published in DAWN on July 14, 2021

Country’s internet penetration stands at 54%

Published in The Express Tribune on July 30, 2021

Alarm bells ringing as trade deficit hits $3.058bn in July

Published in DAWN on  August 3,  2021

IMF approves $650bn to boost global economy

Published in DAWN on August 04, 2021

The Global Informal Workforce: Priorities for Inclusive Growth

Published in International Monetary Fund 

Exchange rate stability is a challenge

By Mohiuddin Aazim
Published in DAWN on August 09, 2021

State Bank of Pakistan reserves hit all-time high of $20.15b

Published in The Express Tribune on September 03, 2021

Joblessness jumped in 2018-19: labour survey

By Nasir Jamal
Published in Dawn on September 17, 2021

Pakistan’s growth expected to ease to 3.4pc: WB

By Khaleeq Kiani
Published in DAWN on October 08, 2021

Give-and-take parleys with IMF under way

By Khaleeq Kiani
Published in DAWN on October 09, 2021

Largest external debt stocks: Pakistan among top 10 countries

Published in The News on October 12, 2021

IMF sees Pakistan’s fiscal indicators improving

By Khaleeq Kiani
Published in Dawn, October 14, 2021

$51.6 bn external financing required in two years

Published in The News on October 19, 2021

Industrial employment jumped 112pc to 2.34m in 10 years from 2005: survey

By Mubarak Zeb Khan
Published in Dawn, October 22, 2021

Pakistan needs long-term reform for reviving exports: World Bank

By Amin Ahmed
Published in DAWN on October 29, 2021

Finance ministry warns of higher inflation

By Khaleeq Kiani
Published in DAWN on October 29, 2021

Economy to grow by around 5pc in FY2022: Reza Baqir

Published in The News on October 30, 2021

Matters with IMF ‘settled’, agreement to be signed this week, says Tarin

By Tahir Sherani
Published in DAWN on November 01, 2021

Is Pakistan’s public debt sustainable?

By Usman Hayat
Published in Dawn, November 03, 2021

Economic inclusion of women: nothing will change until we do

By Mohsen Siddiqui
Published in The Express Tribune, November 08, 2021

Don’t let IMF, WB give dictation: US economist

By Mehtab Haider
Published in The News on November 18, 2021

Pakistan: Staff Concluding Statement of the 2021 Article IV Mission and Staff-Level Agreement on the Sixth Review under the Extended Fund Facility


Published in International Monetary Fund on November 21, 2021