Market-based monetary management in Pakistan

ARTICLE - In the late 1980s the developing countries were attracted to the growing importance of International Monetary Fund's Stabilisation Programme and the World Bank's Structural Financial Adjustment Programme to carry out the desired market-oriented economic reforms and financial sector liberalisation programme in their respective economies.

First published by Financial Times Information Ltd - Asia Africa Intelligence Wire, 1 April.

A survey of the many emerging market economies in respect of

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