ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846
-A A +A
A Critical Evaluation

Pakistan's Post-Reforms Banking Sector

There is a common perception that the privatisation process turned a lethargic, moribund, non-performing Pakistani banking sector into a dynamic, modern and outward looking one, which is not only profi table and efficient but also contributing heavily to the country's growth. In this article the authors challenge this perception, showing how between 2000 and 2012 privatisation accompanied by highly indulgent regulatory policies in fact enabled the new owners to earn enormous profits at the expense of the country's economic development. The analysis raises serious questions for policymakers charged with safeguarding the public interest.

Subscribers please login to access full text of the article.

New 3 Month Subscription
to Digital Archives at

826for India

$50for overseas users

Get instant access to the complete EPW archives

Subscribe now


(-) Hide

EPW looks forward to your comments. Please note that comments are moderated as per our comments policy. They may take some time to appear. A comment, if suitable, may be selected for publication in the Letters pages of EPW.

Back to Top