Open AccessMutual Fund Industry in Pakistan
Author(s) -
Amjad Waheed Mr.
Publication year - 1997
Publication title -
the lahore journal of economics
Language(s) - English
Resource type - Journals
eISSN - 1811-5446
pISSN - 1811-5438
DOI - 10.35536/lje.1997.v2.i2.a5
Subject(s) - liberalization , deregulation , foreign direct investment , investment (military) , international economics , capital market , economics , market economy , business , capital (architecture) , foreign exchange , emerging markets , foreign portfolio investment , foreign capital , international trade , economic policy , financial system , open ended investment company , monetary economics , finance , return on investment , politics , macroeconomics , political science , history , archaeology , production (economics) , law
Pakistan experienced the reverberations starting in 1988 of thechanges that swept the Asian emerging markets. To create an investmentfriendly environment the GoP adopted liberal economic policies ofderegulation, privatisation, opening of capital markets to foreigners,liberalisation of foreign exchange regulations and dismantling of investmentcontrol - policies that lead to a significant increase in direct and indirectforeign investment in the country.