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Despite receiving large quantities of foreign aid, Pakistan, like many other developing countries, has remained … growth in Pakistan, though conditionally so, i.e., if based on sound macroeconomic policies. …
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This study attempts to analyse the impact of fiscal decentralisation on economic growth. It also examines the complementarity between fiscal decentralisation and democratic institutions in promoting growth. The modelling framework is the endogenous growth model augmented with the measures of...
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