Orientation class of 2028
August 30, 2024
Labels: Campus Life, Class 2028, Lahore School, Orientation, Students
posted by S A J Shirazi @ 8/30/2024 10:03:00 AM,
Welcome Class 2028
August 19, 2024
As you begin your journey at the Lahore School, you become part of a legacy of academic excellence, innovative research, and leadership development. Our institution is renowned for its rigorous programs in economics, finance, business administration, mathematics, statistics, environmental sciences, social sciences, media studies, and art and design.
Read more »Labels: Class 2028, Lahore School, Welcome
posted by S A J Shirazi @ 8/19/2024 12:04:00 PM,
Lahore School 6th International Conference on Applied Development Economics
August 15, 2024
Dr. Shahid Chaudhry, rector of the Lahore School of Economics, in his inaugural remarks, talked about Pakistan’s ability to revert back despite facing several challenges such as large population which create hindrances in the provision of education, availability of jobs, etc. Dr. Shahid also highlighted that these challenges are most pertinent in the case of women. In the end, Dr. Shahid extended his gratitude towards CREB for organizing the applied development economics conference every year and also thanked the sponsors: Innovation Technology Center (ITC), Consortium for Development Policy Research (CDPR), and International Growth Center (IGC).
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Labels: ADE2024, Applied Development Economics, CREB, IGC, Pakistan, Pakistan Economy, Research
posted by S A J Shirazi @ 8/15/2024 04:43:00 PM,
Lahore School 6th International Conference on Applied Development Economics - Abstracts
Session 1: Labour Markets
Do entrepreneurial skills unlock opportunities for online freelancing? Experimental evidence from El Salvador
Richard Freund (University of Cape Town)
Discussant: Lena Hassani-Nezhad (City, University of London)
This paper reports on a randomized experiment in El Salvador that aimed to improve online labor market outcomes by teaching the entrepreneurial skills required to engage with online marketplaces. Despite low completion rates, the training significantly increases the probability of having an online freelancing profile, being contacted by at least one client, and the number of proposals sent. This translates into positive effects on receiving at least one job offer, securing at least one online freelancing contract, and improved socio-emotional skills. However, no significant effects are observed on the number of online job offers, contracts, or broader labor market outcomes.
Read more »Labels: ADE2024, Applied Development Economics, CREB, IGC, Pakistan, Pakistan Economy, Research
posted by S A J Shirazi @ 8/15/2024 09:25:00 AM,
Independence Day Celebrations - 2024
August 14, 2024
Every year, the Lahore School of Economics comes alive with patriotism and pride as we celebrate Independence Day, commemorating the nation's historic transition from colonial rule to sovereignty on August 14, 1947. Our main campus is transformed into a vibrant canvas, showcasing the colors of our national flag.
Labels: Independence Day, Lahore School, Pakistan
posted by S A J Shirazi @ 8/14/2024 01:35:00 PM,
Sixth International Conference on Applied Development Economics
August 13, 2024
ADE2024 will feature talks by Adrienne Lucas (Professor, University of Delaware), Jonathan Morduch (Professor, New York University), Ali Cheema (Vice Chancellor, LUMS) and Azam Chaudary (Dean, Lahore School of Economics).
Labels: ADE2024, Applied Development Economics, CREB, IGC, Pakistan, Pakistan Economy, Research
posted by S A J Shirazi @ 8/13/2024 10:44:00 AM,
Pakistan's economy is stuck in a low growth trap!
August 04, 2024
Pakistan is facing a low growth trap while the new budget essentially increases expenditure through more borrowing and a higher burden of taxes.
Increasing expenses, based on heavy borrowing, just raise the payments on borrowing, which now account for 57% of the total expenditure. This policy is clearly profligate and not sustainable; therefore, this perverse Gordian knot will have to be cut.
This is the crux of a report titled “State of Pakistan’s economy, growth, inflation, welfare and budget 2024-25”, released by the Lahore School of Economics.
Labels: Budget, GDP, Growth, Inflation, Lahore School, Pakistan, Pakistan Economy, Research
posted by S A J Shirazi @ 8/04/2024 11:33:00 AM,
GDP Growth, Inflation, and Welfare for FY 2023-24, and the Budget for FY 2024-25
August 03, 2024
The Lahore School of Economics macro model for the Pakistan economy estimates that GDP growth over the fiscal year FY 2023-2024 (Jul-Jun) has been 1.68%. This low estimate of GDP growth for FY 2023-2024, is based on a sustained weakness in sectoral growth over the first quarter (Q1), especially in large scale manufacturing, which has barely broken even, from the contraction of the previous year FY 2022-2023 of - 2.9%, compounded by a weak, below trend growth, recovery in agriculture. Our model projects that GDP growth accordingly should rise to 3.3% for FY 2024-25.
So, a flatline estimation for the annual growth rate of GDP for FY 2022-2023, has been succeeded, by a very weak GDP growth for FY 2023-2024 of 1.68%. Comparable to GOP’s estimate of GDP growth for FY 2023- 2024 of 2.4%. The IMF has a slightly higher estimate, compared to ours, for FY 2023-2024 of 2.0%. The Asian Development Bank and the World Bank have smidge higher estimates, compared to ours, for FY 2023- 2024 of 1.8% and 1.9%, respectively.
Labels: Budget, Dr. Azam Chaudhry, GDP, Growth, Inflation, Lahore School, Pakistan, Pakistan Economy, Research
posted by S A J Shirazi @ 8/03/2024 08:56:00 AM,
Measuring process innovation outputs and understanding their implications for firms and workers: Evidence from Pakistan
August 01, 2024
This study proposes and constructs five quantitative metrics of process innovation output and delves into the factors influencing firms' decision to engage in process innovation and their success in achieving innovation outputs.
Main inducers: Breadth and depth of innovative capabilities; knowledge network embeddedness; extent and nature of competition.
Returns: Engaging in process innovation leads to immediate economic returns, boosting labor productivity and facilitating business expansion.
Adopting new processes leads to automation, but the study does not find evidence that new processes led to lower employment.
Access the full article by Dr. Waqar Wadho and Dr. Azam Chaudhry, Lahore School of Economics here.
Labels: apparel, Cost-reduction, Developing countries, Dr. Azam Chaudhry, Innovation, Labor productivity, Lahore School, Pakistan, Process innovation, Technology, Textiles
posted by S A J Shirazi @ 8/01/2024 10:03:00 AM,
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