Title Page
Papers:	Authors
Pakistan’s Exports Demand: A Disaggregated Analysis	Fayyaz Hussain
What Drives Interest Rate Spreads of Commercial Banks in Pakistan? Empirical Evidence based on Panel Data	Mahmood ul Hasan Khan and Bilal Khan
Velocity of Money Functions in Pakistan and Lessons for Monetary PolicyKB)	Muhammad Omer
Opinion:
Monetary Overhang in Pakistan	Moinuddin
Book Review:
How Markets Fail: The Logic of Economic Calamities	John Cassidy (review: Mushtaq Ali Khan)