Honourable Mr Ghulam Ishaq Khan, President of the Islamic Republic of Pakistan, Professor Syed Nawab Haider Naqvi, President of the Pakistan Society of Development Economists, Distinguished Delegates, Guests, Ladies and Gentlemen, Assalam-o- Alaikum. It is indeed a great honour and privilege for me to welcome you all, on behalf of the Pakistan Society of Development Economists (PSDE, for short), to this inaugural session of the Fifth Annual General Meeting of the Society. Such glittering gatherings of national and international scholars of Development Economics are rare in Pakistan and, therefore, most welcome and impressive. I am, therefore, most grateful to you all for your valua...