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Essential Insights of Economics for Public Policy Formulation and Implementation in Pakistan

Azam Amjad Chaudhry

Pro-Rector

Professor and Dean, Faculty of Economics

Lahore School of Economics

World Trade Organization (WTO) Chair for Pakistan

August 6th, 2026

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posted by S A J Shirazi @ 8/13/2026 09:05:00 AM,

Essential Economic Insights for Public Policy in Pakistan


Dr. Azam Chaudhry, Pro-Rector Lahore School of Economics was a guest lecturer at the National School of Public Policy (Pakistan), for its 122nd National Management Course. Dr. Azam Chaudhry's lecture “Essential Insights of Economics for Public Policy Formulation and Implementation in Pakistan,” focused on:

Elasticity: This concept measures how responsive demand for a product is to changes in its price, which is vital for understanding the effects of currency depreciation on exports and imports in Pakistan.

Economic Constraints: The lecture discussed how low export growth and the quality of exports can lead to repeated economic slowdowns, impacting overall GDP growth.

Evidence-Based Policymaking: Dr. Chaudhry highlighted the importance of using data from actual economic events to assess the impact of policies, such as the effects of trade tariffs on exports.


These concepts are crucial for shaping effective public policies that can enhance trade, stimulate GDP growth, and address the structural issues within Pakistan's economy, particularly in light of challenges like the balance of payments crisis.

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posted by S A J Shirazi @ 1/27/2025 12:18:00 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,

Essential Insights of Economics for Public Policy Formulation and Implementation in Pakistan


Dr. Azam Amjad Chaudhry, Pro-Rector, Professor and Dean, Faculty of Economics, Lahore School of Economics and World Trade Organization (WTO) Chair for Pakistan was invited as a guest lecturer for the 120th National Management Course at the National School of Public Policy for a lecture on “Essential Insights of Economics for Public Policy Formulation and Implementation in Pakistan,” on March, 18th 2024. This was the first lecture on economics given to the course participants and focused on understanding the issue of balance of payments constrained growth in Pakistan. The lecture also touched on other work such as the impact of Pakistan’s free trade agreements, the impact of IMF stabilization policies on growth, and ideas on how to promote sustained and equitable growth in Pakistan.
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posted by S A J Shirazi @ 4/05/2024 03:53:00 PM,

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