Mahbub ul Haq, Date of Birth, Place of Birth, Date of Death

    

Mahbub ul Haq

Pakistani economist

Date of Birth: 22-Feb-1934

Place of Birth: Jammu, Jammu and Kashmir, India

Date of Death: 16-Jul-1998

Profession: politician, economist, banker, financier

Nationality: Pakistan

Zodiac Sign: Pisces


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About Mahbub ul Haq

  • Mahbub ul Haq (Urdu: ????? ?????; 24 February 1934 – 16 July 1998) was a Pakistani economist, politician and international development theorist who served as the 13th Finance Minister of Pakistan from 10 April 1985 until 28 January 1988.After graduating in economics from Punjab University, he won a scholarship to Cambridge University obtaining a second degree.
  • Subsequently, he received his PhD from Yale University and conducted postdoctoral research at the Harvard Kennedy School.
  • He returned to Pakistan to serve as the Chief Economist of the Planning Commission during the 1960s and moved to the U.S after the election of the socialist government led by Zulfikar Ali Bhutto.
  • At the World Bank he worked as the policy director throughout the 1970s and also the chief economic adviser to Robert McNamara.He returned to Pakistan in 1982 and in 1985 became the country's Finance Minister, overseeing a period of economic liberalisation.
  • In 1988 he moved back to U.S.
  • where he served as the Special Adviser to the United Nations Development Programme (UNDP) Administrator William Henry Draper.
  • At the UNDP, Haq led the establishment of the Human Development Report and the widely respected HDI, which measures development by well-being, rather than by income alone.
  • He returned to Pakistan in 1996 to establish the Human Development Center in Islamabad.Haq is considered to have had a profound effect on global development.
  • Haq's 1996 book Reflections on Human Development is said to have opened new avenues to policy proposals for human development paradigms, such as the 20:20 Global Compact and the setting up the UN Economic and Social Council.Amartya Sen and Tam Dalyell termed Haq's work to have "brought about a major change in the understanding and statistical accounting of the process of development." The Economist called him "one of the visionaries of international development." He is widely regarded as "the most articulate and persuasive spokesman for the developing world".

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