A number of books on Pakistan's economy have recently been
published, but most of them do hot provide the latest statistical data
or keep pace with events and development during the 1970's. The book
under review, however, has admirably fulfilled the requirements. It
covers a vast range of subjects concerning economic development in the
country during the recent past The book is divided into nine parts and
covers such diverse areas as development, industry, the price situation
and the impact of inflation, Pakistan's planning and development effort,
trade priorities and balance of payments situation, .taxation* foreign
aid, and socio-economic reforms. The analysis is general, broadbased,
and historical in perspective and a large amount of data have been put
together. To bring out a clearer picture international comparisons are
made whereever possible, especially in the last part of the book where
the author reiterates on the need for a "New World Economic
Order".