Academic conferences are of great importance. They provide a platform to researchers and academicians to share their work and are the source of disseminating information. Conferences lead to sharing of experiences of different people from different spheres which trigger new ideas and thoughts for future research. Last year, School of Economics organized an international conference and now we have a plan to organize conferences on an annual basis.
- School of Economics, Quaid-i- Azam University and Department of Economics, University of Peshawar jointly organized a three days international conference on Marginalization and Social Exclusion in the Perspective of Market Economy. The participants of 4 foreign universities and 29 national institutes participated in the conference. Overall seven key note speeches were delivered and 31 papers were presented. In the context of market exclusion most of the papers focused on poverty, inequality and women empowerment.
The key outcomes of the conference are that the concentration of wealth is one of the undesirable and unavoidable outcomes of market economy and it fails to cater the needs of excluded and marginalized people in the society. Rather, market multiply exclusion over the time such as the number of slums. Hence, we need to strengthen exchange of wealth that take place out of the market at micro level. For this we need to decrease transaction and information cost of those who are willing to donate to deserving amongst us. In this regard, institutionalization of charitable donation in the form of AWAQAF should be promoted. Likewise, the sentiments of feeding the poor and helping the destitute should be appreciated. In addition, the family system and ties within the family system should be strengthened. The values that make markets competitive such as revealing the true information and avoiding cheating should be promoted. The other concerning preferences and promotion of norms and ethics should also be encouraged. All those norms that make market competitive have roots in the final version of all religions, that is Islam, should be promoted.The conference was organized in collaboration with Higher Education Commission and Women University Mardan. It is worth mentioning that this was first International conference of SOE in its fifty years history.