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Channel: December 2011 – Mostly Economics
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A history of development of Pakistan’s financial sector (and similarities with India)

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Yaseen Anwar, Governor of the State Bank of Pakistan gives a super speech on the topic. What is amazing to note is some interesting similarities and differences with India’s history of financial markets. He divides the development in three phases:  1947-73: focus on building financial system as after partition there were just a very few bank branches […]

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