SBP's Husain on economic development in South Asia

In the speech 'Economic development in South Asia and the impact of globalization' given on 11 July Dr Ishrat Husain of the State Bank of Pakistan said South Asia has made substantial progress in the last decade to integrate in the World economy but given its slow start and initial handicaps there is a need for much rapid pace for liberalising trade.

"Economic development and poverty reduction require ever expanding economic resources, which can only be generated through high economic growth

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