Financial System and Economic Development - Pakistan Volume I: Banking and Financial System

Abstract

A text book in two volumes published by Lahore School of Economics, 2012

This applied study in two volumes has been published for graduate level studies in banking, financial system and financial markets. It may also be helpful to professionals engaged in banking and financial markets or some niche of fast growing financial services industry in Pakistan. The primary objective of this text book is to enhance learning of what a financial system is, how it operates; how its operations impact the economy; and how this performance in Pakistan compares with those of comparator countries. In parallel, how operations of financial system affects well being of various segments of society, though social dimensions of impact are not a part of analytical framework of financial system.

Volume I: Banking and Financial system The topics explored in Volume I, Banking and Financial System concern: what is financial system; what is its structure and how it has evolved in Pakistan; what is macrofinancial analysis and how it is deployed; what is the structure and trends of financial savings given the structure of rates of returns on PLS and interest based deposits; what is credit system and how it evolved; what has been the performance of banking system credit; how banking system has dealt with financing of priority sectors like SMEs, agriculture, housing and exports; how Islamic banking has evolved and how it operates; what are its dimensions and issues concerned; how banking supervision and regulatory system has evolved and how it has impacted operations of banking system; what is the role of the central bank, SBP; and finally how financial system has been managed in the post-reform era to maintain its stability; what is its interface with management of the economy of Pakistan.