Pakistani economist Mahbub ul Haq was particularly concerned about Pakistan, and India. Both were well down in his index, below even Cameroon and Equatorial Guinea. South Asia, he wrote in 1995, is sinking “into a quagmire of human deprivation and despair”. He was shocked that it had fallen behind sub-Saharan Africa, to become the most deprived region in the world.

Mahbub ul Haq, a heretic among economists, died on July 16th 1998, aged 64.

…… Mr Haq said he was not sure whether the countries of South Asia had the political will to cut their arms bills and finance their “essential human goals”. In what he called his “intellectual journey” he had moved from idea to idea. In his World Bank days he had on his desk a notice which said, “It is too late to agree with me: I’ve changed my mind.” Critics said it showed his lack of judgment; admirers praised his flexibility. It was probably just a sign of his charm.

To read full article : Economist

By using this service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although IAOJ does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s