This study investigates the effectiveness of fiscal policy and its impact on macroeconomic activities in Pakistan during the period 1972–2008. It examines the role of fiscal policy under democratic and military regimes. Recognising the shortcomings of traditional procedures, this study adopts...

In this paper we explore the effects of corruption on financial sector performance for a sample of 38 developed and developing economies for the period 1995-2005. Using system-GMM technique our results demonstrate that corruption undermines the efficacy of a developed financial sector....

In this paper we explore the effects of corruption on financial sector performance for a sample of 38 developed and developing economies for the period 1995-2005. Using system-GMM technique our results demonstrate that corruption undermines the efficacy of a developed financial sector....

The controversy over the likely effects of globalisation on economic well-being is well-debated in the literature, yet the subject remains open to further examination. This study explores the link between globalisation and governance in Pakistan. The analysis concludes that the benefits of...

The empirical literature on corruption has used data on corruption from three different sources: (i) investigative reports, (ii) newspapers, and (iii) surveys or questionnaire-based data. Some studies on corruption are based on case studies and newspaper reports. Studies by Wedeman (1997); Wade...