economies. The paper finds that for four widely used measures of economic performance—growth, inflation, the fiscal balance, and …

Pakistan. A stylized inflation model is specified that includes standard monetary variables (money supply, credit to the …This paper examines the relative importance of monetary factors and structuralist supply-side factors for inflation in … attention in Pakistan. The model is estimated for the period January 1998 to June 2005 on a monthly basis. The results indicate …

This paper presents three empirical approaches to forecasting inflation in Pakistan. The preferred approach is a … leading indicators model in which broad money growth and private sector credit growth help forecast inflation. A univariate … parameter instability on account of fundamental changes in Pakistan''s economic system by restricting our sample to more recent …

into a unified framework in which inflation, growth, and the balance of payments are simultaneously determined. The …

This paper focuses on two central issues related to the contrasting experiences of Malaysia and Pakistan regarding …. Malaysia, unlike Pakistan, was able to sustain rapid economic growth with equally impressive reduction in poverty because the …

the turnaround in Pakistan''s external current account during this period; (2) while Pakistan''s growth was mainly export … investment; and (3) the structural reforms implemented in Pakistan during the past four years should make the observed …

Africa lags behind other regions in attracting foreign direct investment (FDI). In some circumstances, there are … obvious explanations for the absence of FDI, such as a high incidence of war. In this paper, we examine the role that monetary … inflation …

undermine the effect of Foreign Direct Investment (FDI), official development assistance (ODA) and migrants' remittances on … economic expansion. Based on neoclassical growth framework, the theoretical model indicates that FDI, ODA, and remittances …

times. An inflation shock only slightly reduces the debt ratio for a few quarters. A positive growth shock unambiguously …