In April 2009, the Centre for Research in Economics and Business (CREB) of the Lahore School of Economics hosted the Fifth Annual Conference on the Management of the Pakistan Economy on the theme, “Growth, Trade and Development.” The Centre’s Director, Naved Hamid, invited a number of prominent speakers including academics, economists, current and former government officials, and other experts to present a combination of research and policy papers, which can be broadly grouped under two major headings: i) Pakistan’s Growth and ii) Trade and Development in Pakistan. These topics were selected because of their timeliness, given the increasing macroeconomic pressures facing the country, in particular those arising from the exchange rate and inflation, and the impacts on poverty that could result. The papers presented at the conference are summarized below: