The purpose of this paper is to examine one aspect of the role played by government expenditures in the Gulf States, the impact of government expenditures on the development of a diversified industrial base. Based on a factor analysis of the structure of the twenty-one Arab economies, it appears...

The purpose of this paper is to examine whether the privatization of public sector manufacturing in Pakistan would reduce the potential for crowding out of private investment in manufacturing. A major issue is the effect on private investment of increased fiscal deficits and expanded government...