Greece GDP Falls by 25% in Last Five Years
May 05, 2015
“In Greece the GDP fell by 25% in five years, unemployment reached 28% while public debt as percent of GDP rose to 175% reflecting mainly the collapse of output,” according to Dr. Yannos Papantoniou in a lecture delivered at the Lahore School of Economics May 5, 2015.
Dr. Papantiniou, Former Economy and Finance Minister of Greece (1994-2001) and President of the Centre for Progressive Policy Research, in his lecture “Economic Crisis in Greece and the Future of the Euro” was of the view that if talks between the lenders (ECB, IMF, and the EU) and Greece stall, Greece’s economy would sink further into recession, and social tensions would rise as living standards would register a further sharp decline.
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Labels: Greece, International Economy, Lahore School
posted by S A J Shirazi @ 5/05/2015 02:48:00 PM,
Lahore School of Economics Hosts IMF Director for Student Roundtable
March 06, 2015
IMF Director for Middle East and Central Asia, Mr. Masood Ahmed, held a roundtable discussion with a group of students from local universities to discuss the IMF and its program in Pakistan. Students from the Lahore School of Economics, the Lahore College for Women University, the Lahore University of Management Sciences, Beaconhouse National University and Forman Christian College University attended the roundtable discussion to share their views with the visiting IMF team. The roundtable was chaired by Mr. Ahmed, Dr. Shahid Amjad Chaudhry, Rector of the Lahore School of Economics and Dr. Azam Chaudhry, Dean Faculty of Economics, Lahore School of Economics.
Dr. Shahid Amjad Chaudhry, Rector of the Lahore School of Economics welcomed Mr. Masood Ahmed, the IMF Director of the Middle East and Central Asia region, Mr. Herald Finger, the IMF Pakistan Mission Chief and Mr. Tokhir Mirzoev, the IMF Resident Representative for Pakistan. Dr. Chaudhry discussed the macroeconomic situation prevailing in Pakistan at the time when Pakistan entered the IMF program as well as the prevailing macroeconomic challenges faced by the country.
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Labels: IMF, International Economy, Lahore School
posted by S A J Shirazi @ 3/06/2015 02:39:00 PM,
The West and the Rest in the World Economy: The Next Transformation
February 28, 2015
As part of the Distinguished Economist Seminar Series, the Lahore School Economics Society (LSES) organized a seminar on February 26, 2015. The guest speaker was a renowned Indian economist Dr. Deepak Nayyar who talked about “The West and the Rest in the World Economy: The Next Transformation” based on his recent book ‘Catch Up: Developing Countries in the World Economy’. The seminar was chaired by the patron LSES, Dr. Waqar Wadho and was attended by distinguished professors and economists including Dr. Shahid Amjad Chaudhry (Rector, Lahore School of Economics), Dr. Rashid Amjad (Director the Graduate Institute of Development Studies (GIDS)), Dr. Azam Chaudhry (Dean, Department of Economics, Lahore School of Economics), Dr. Naved Hamid (Director, Center for Research in Economics and Business) and Dr. Irfan-ul-Haque (Special Advisor for Financing for Development, South Centre, Geneva), faculty members of Lahore School and a large number of both graduate and undergraduate students of Lahore School.
Dr. Deepak in his talk provided a comprehensive overview of the evolution of developing countries in the world economy, situated in a long term historical perspective, from the onset of the second millennium but with a focus on the second half of the twentieth century and the first decade of the twenty-first century. He highlighted the overwhelming significance of what are now developing countries in the world until 200 years ago to trace their decline and fall from 1820 to 1950. Dr. Deepak emphasized that there is no single formula for growth and different sets of policies seem to have worked well in different settings, but economies relying on market as driving force have minimized market failures and those relying on government as central have minimized government failures. Also, growth has often not been transformed into meaningful development that improves the wellbeing of people. However, he optimistically asserted that the beginnings of a shift in the balance of power in the world economy are discernible and developing countries can sustain this rise only if they can transform themselves into inclusive societies where economic growth, human development and social progress move in tandem.
The seminar was followed by a discussion session with the faculty and students which was moderated by Dr. Shahid Chaudhry himself. The seminar concluded with a brief speech by Dr. Shahid who welcomed the visit of such highly distinguished economists like Dr. Deepak Nayyar from India stating that such academic visits could provide opportunities for collaboration between India and Pakistan both in the academic and research front.
About the speaker:
Dr. Deepak Nayyar is Emeritus Professor of Economics at Jawaharlal Nehru University, New Delhi. He was Distinguished University Professor of Economics at the New School for Social Research, New York. Earlier he has taught economics at the University of Oxford, the University of Sussex, and the Indian Institute of Management, Calcutta and was Vice-Chancellor of the University of Delhi from 2000 to 2005. He is also an Honorary Fellow of Balliol College, Oxford. He is a Distinguished Fellow of the Centre for the Study of Developing Societies, Delhi. And he is a Distinguished Professor at the Council for Social Development, New Delhi. He is Chairman of the Sameeksha Trust, which publishes Economic and Political Weekly. He has received the VKRV Rao award for his contribution to research in Economics and has been President of the Indian Economic Association. He is also on the Editorial Board of several professional journals.
Labels: Academic Club, Guest Speaker, International Economy, LSES
posted by S A J Shirazi @ 2/28/2015 11:40:00 AM,
Economic Models for Inclusive and Sustainable Development
February 27, 2014
A seminar on “Economic Models for Inclusive and Sustainable Development,” was held at the Lahore School of Economics, on Thursday, 27th of February, 2014. The Rector of the Lahore School of Economics, Dr. Shahid Amjad Chaudhry and the Dean of the Department of Economics Dr. Azam Chaudhry hosted Mr. Philipp Kauppert, the Resident Director, Friedrich Ebert Stiftung, Pakistan Office, and Prof. Hansjörg Herr (author of the “Decent Capitalism), of the Berlin School of Economics and Law, from Germany. Prof. Herr discussed the recent global crisis and also discussed how financial bubbles transformed into international panic, with states struggling to rescue and bail out a globalised financial sector.
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posted by S A J Shirazi @ 2/27/2014 01:55:00 PM,
Economic Models for Inclusive and Sustainable Development
February 24, 2014
Seminar on Economic Models for Inclusive and Sustainable Development will be held on Thursday, February 27, 2014, from 10:15a.m - 11:45a.m at the Mahmood Chaudhry Library. Prof. Hansjörg Herr (author of the “Decent Capitalism”) is the guest speaker.
Labels: International Economy, Pakistan Economy, Seminar
posted by S A J Shirazi @ 2/24/2014 12:37:00 PM,
South Asian Economic Students Meet 2013
January 11, 2014
Pakistan hosted South Asian Economic Students Meet 2013. It was jointly organized by Lahore School of Economics and Lahore University of Management Sciences.
Dr Shahid Amjad Chaudhry, the Rector Lahore School welcomed international delegates to Lahore School of Economics on December 26, 2013. Earlier, students from South Asian countries took part in a Panel discussion on the topic of Political Economy of Urbanization which was moderated by Dr. Naved Hamid. The Budding Economist event was judged by South Asian country representatives and Dr. Azam Amjad Chaudhry Dean Department of Economics, Lahore School of Economics served as judge from Pakistan. A Quiz competition was also held.
Read more »Labels: International Economy, Students
posted by S A J Shirazi @ 1/11/2014 08:30:00 AM,
IMF Youth Dialogue at Lahore School
February 23, 2010
Lahore School of Economics students exchanged views with IMF staff on ways to address economic policy challenges facing Pakistan, the region, and its youth.
Labels: IMF, International Economy, Lahore School
posted by S A J Shirazi @ 2/23/2010 12:45:00 PM,
Lahore School of Economics – IMF Roundtable Discussion
February 22, 2010
Discussion on International Crises and the Role of IMF: The View from Pakistani Youth is underway at Lahore School of Economics, Mahmood Chaudhry Library now. (February 22, 2010, 10:00 AM - 15:15 PM)
Labels: IMF, International Economy, Lahore School
posted by S A J Shirazi @ 2/22/2010 11:10:00 AM,
International Financial Crisis and the Role of IMF: The View from Pakistan's Youth
February 20, 2010
A Lahore School of Economics – IMF Roundtable Discussion “International Financial Crisis and the Role of IMF: The View from Pakistan's Youth,” is being jointly hosted by the Lahore School of Economics and the IMF Pakistan Office, at the Lahore School of Economics, on February 22, 2010.
The discussion would focus on: The current international financial crisis and its national and international effects, implications of the international financial crisis on future economic policymaking, how will it affect economic liberalization, deregulation, and the role of the state? What can be done to prevent a similar crisis from reoccurring? How will the new landscape affect opportunities for addressing the region’s most pressing economic challenges, such as the need to provide employment opportunities, boost competitiveness, and find new sources of sustainable and equitable growth? And, what role can the IMF play in this respect?
At this round table discussion, students will be able to voice their opinion on these topics and propose new ideas regarding the IMF’s dialogue with Pakistan and its support for the international economic community currently and in the coming years.
Labels: IMF, International Economy, Lahore School
posted by S A J Shirazi @ 2/20/2010 12:02:00 PM,
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