Any system of ideas which underlies economic policy
recommendations needs to be made explicit so that its doctrinal premise
may be examined and debated. Section I of this paper, therefore,
explicitly states the philosophical under -pinning of this study.
Section 2 presents the central energy problem in a general mathematical
form whereas the solution of the specific energy problem for the
Pakistani economy is presented in Section 3, in which policy guidelines
for obtaining the desired solution have also been discussed. Finally,
Section 4 briefly presents our concluding remarks.
“The winner takes it all” or a story of the optimal allocation of the European Cohesion Fund
