The objective of the recently held conference was to promote discussion on financial sector development and monetary management issues facing Pakistan and other economies in Asia. Pakistan and other countries in the region have implemented far-reaching financial sector reforms over the last decade or more and it is time to take stock. Has the efficiency of financial intermediation increased as a result of these reforms? Has it led to higher savings and investment? Are the banking systems more secure and robust? And, are the central banks better able to control inflation?  These were some of the issues that were addressed through a mixture of paper and panel discussions. Academics and practitioners from within Pakistan and internationally participated in the event.

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