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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 bene?ts are reaped by the elite class 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.

Produktbeschreibung
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 bene?ts are reaped by the elite class 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.
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Autorenporträt
Ishrat Husain is Adviser to the Prime Minister on Institutional Reforms and Austerity. During 2016-17, he was Public Policy Fellow at Woodrow Wilson Center in Washington DC. He has served as Dean and Director, Institute of Business Administration, Karachi; Chairman, National Commission for Government Reforms; and Governor, State Bank of Pakistan. He has also had a distinguished career at the World Bank for over two decades. He has a Masters in Development Economics from Williams College and a PhD in Economics from Boston University. He is a graduate of the Executive Development programme jointly sponsored by Harvard, Stanford, and INSEAD. He has received the highest civilian awards, the Nishan-e-Pakistan (2016) and the Hilal-e-Imtiaz (2003). His other publications include Pakistan: The Economy of an Elitist State (OUP 1999), Economic Management in Pakistan 1999-2002 (OUP 2003), Governing the Ungovernable (OUP 2018), and The Economy of Modern Sindh (OUP 2019).