What can we learn from our own historical experience and the mistakes we have made in the last? What can we extract from the success stories of other developing countries and apply them to Pakistan? Although there is always a lack of unanimity among economists about the prescriptive aspects of development let me venture to share my own thoughts with you today.
BIS Review 8/2003  1  The last five decades of development experience have taught us clearly that the respectively roles of the Government and private sector should be clearly delineated, defined and put into practice. Those who think in terms of dichotomy between market and government are sadly mistaken.