The benefits from these reforms will accrue after a lapse of at least 3-5 years. The losers are visible right now but the gainers will emerge in distant future. The perception of the people and press in Pakistan should, therefore, be viewed in this context. 4  BIS Review 64/2001
Suffering from two crises over the past decade or so, the policy implementation conditions of the central bank have changed greatly, while public expectations for the Bank of Korea have heightened further.