Lahore School of Economics

A distinguished seat of learning known for high-quality teaching and research

Fueling future leaders


Mr. Hassan Nasrullah, VP Operations at Total Parco Ltd. Pakistan, shared expertise with Lahore School of Economics' MBA II students on "Advanced Operations Management", covering operational challenges & strategic sourcing.
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posted by S A J Shirazi @ 9/16/2024 03:25:00 PM,

Insights from industry expert


On 11 September 2024, Mr Umar Iqbal, Director at Nimir Chemicals Group Pakistan, shared valuable expertise with MBA II students at Lahore School of Economics on Advanced Operations Management, covering operational challenges in manufacturing & service sectors.
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posted by S A J Shirazi @ 9/12/2024 02:39:00 PM,

Navigating the Complexities of Policy Advice



On August 12th, 2024, Pro-Rector and Dean of the Faculty of Economics, Lahore School of Economics, Dr. Azam Amjad Chaudhry, delivered an insightful lecture to the participants of 2nd specialized training course and 10th Domain-specific mid-career management course of Pakistan Administrative Service Campus, on the importance and complexities of providing policy advice in today’s evolving landscape. Drawing from his extensive experience, including serving as the World Trade Organization Chair for Pakistan, Dr Azam Chaudhry discussed the challenges policymakers face in distinguishing between genuine evidence-based advice and recommendations influenced by external agendas.
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posted by S A J Shirazi @ 9/05/2024 02:50:00 PM,

Unpacking Pakistan's Economic Challenges

On September 2, 2024, Professor Azam Amjad Chaudhry delivered an insightful lecture at the National School of Public Policy on the complex interplay between economic policies, trade dynamics, and public policy formulation in Pakistan. As the WTO Chair for Pakistan, Professor Chaudhry shed light on critical economic issues affecting the country's macroeconomic stability.


Key topics included the impact of trade tariffs, price elasticity of demand, and technological advancements on Pakistan's economy. The lecture emphasized the balance of payments constrained growth, highlighting how structural issues in the export and import sectors limit Pakistan's economic expansion beyond a certain threshold. This balance of payments dilemma, exacerbated by a narrow export base and inelastic import demands, leads to unsustainable growth as imports rise disproportionately compared to exports when GDP growth accelerates.

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posted by S A J Shirazi @ 9/02/2024 03:50:00 PM,

Orientation class of 2028

Over 28-29 Aug 2024, Lahore School of Economics Orientation Program introduced freshmen to a vibrant community, cutting-edge facilities, and rigorous academic programs that make Lahore School exceptional. Students connected and discovered the countless opportunities to learn and grow. 


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posted by S A J Shirazi @ 8/30/2024 10:03:00 AM,

Welcome Class 2028

On behalf of the Lahore School Economics, we extend a warm welcome to you as you join our vibrant academic community. We are thrilled to have you on board and are eager to see the incredible contributions we know you will make.


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.

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posted by S A J Shirazi @ 8/19/2024 12:04:00 PM,

Lahore School 6th International Conference on Applied Development Economics

Conference agenda

Abstracts

Also in Nation, Nation Day 2Express TribuneNews, Dawn, Business Recorder, LUMSIGC

Thursday, 15 August 2024

Centre for Research in Economics and Business (CREB) and the Innovation and Technology Centre (ITC) at Lahore School of Economics opened its 6th International Conference on Applied Development Economics (ADE), as an in-person event in Lahore in collaboration with International Growth Center and Consortium for Development Policy Research. The conference is spread over three days from 15 – 17 August 2024 and includes presentations from international and local researchers working on development issues in low and middle-income countries. It broadly focuses on the following thematic areas: Labour Markets, Technology, Health and Gender, Trade, Institutions, Poverty and Social Protection, Climate and Environment and a roundtable on Governance, Productivity and Growth. The aim of the conference is to (i) highlight recent research that can have lasting policy impact for sustainable growth in the developing world; (ii) provide early career researchers the opportunity to obtain feedback on their ongoing work; and (iii) to start a mutually beneficial exchange of ideas and discussions among researchers on potential collaborations.


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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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.

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posted by S A J Shirazi @ 8/15/2024 09:25:00 AM,

Independence Day Celebrations - 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.

Dr Azam Chaudhry, Dean of Economics, hoisting the flag

Our celebrations are a testament to the nation's tireless struggle for freedom, featuring a range of activities, including thematic cakes and refreshments, sports events and enlightening speeches delving into the depths of our national history.

Dr Shahid Amjad Chaudhry, Rector, Lahore School of Economics, addressing the ceremony

The pièce de résistance is the flag-raising ceremony, where a smartly attired contingent of security guards salute as the Pakistan flag is hoisted by the chief guest on the lawns of our campus. As the flag waves majestically in the breeze and the national anthem echoes through the air, the occasion transcends a mere date on our calendar. It becomes a poignant symphony of remembrance, a heartfelt tribute to the sacrifices made, and a celebration of our institution's contributions to nation-building.

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posted by S A J Shirazi @ 8/14/2024 01:35:00 PM,

Sixth International Conference on Applied Development Economics

Centre for Research in Economics and Business (CREB) at Lahore School of Economics and the International Growth Centre (IGC) are hoisting 6th International Conference on Applied Development Economics (ADE2024) from 15 - 17 August 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). 

ADE2024 will include presentations from international and local researchers working on development issues in low and middle-income countries. This conference offers a unique opportunity to engage with experts and scholars in the field of development economics. 

The conference agenda is here

Abstracts are here

Register to attend the conference here

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posted by S A J Shirazi @ 8/13/2024 10:44:00 AM,

Pakistan's economy is stuck in a low growth trap!

By Shahram Haq

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.

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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

Executive Summary

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.

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posted by S A J Shirazi @ 8/03/2024 08:56:00 AM,

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Lahore, Pakistan.

Phones: 92-42-35714936, 38474385

Fax: 92-42-36560905

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Burki Road

Lahore, Pakistan.

Phones: 36560935, 36560939


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