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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...
Persistent link: https://www.econbiz.de/10010660298
Pakistan is a federal country. Distribution of resources has a profound impact on income, development, backwardness …
Persistent link: https://www.econbiz.de/10009368176
This study explores the evolution of fiscal resource distribution in Pakistan. Pakistan is a federation comprising four …
Persistent link: https://www.econbiz.de/10005796917
Following the Hausmann, et al. (2005) methodology, we attempt to identify the constraints to growth in Pakistan. We … institutions restrict hiring/firing, State Bank of Pakistan (SBP) has not done its duty to contain the rising interest spread, and … constraints to growth in Pakistan. These are (i) poor state of governance, (ii) poor state of institutions, and (iii) lack of …
Persistent link: https://www.econbiz.de/10005745351
This paper empirically investigates the impact of trade and financial liberalisation on economic growth in Pakistan … role in enhancing economic growth in Pakistan in the long-run. However, the short-run responses of the real deposit rate …
Persistent link: https://www.econbiz.de/10005796910
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