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Africa, and Pakistan (MENAP) during the 1980 to 2008 period. It goes on to investigate the key determinants of the recoveries … milder. Fiscal policy is found to have played a key role during the recoveries to potential output, although with weaker … effects for MENAP countries that are more open to trade. Monetary policy is found to have been less effective. This is likely …
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This paper describes developments in the balance of payments of Pakistan during 1972-86, focusing particularly on the …
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and policy variables. Our analysis suggests that achieving the Bank of Japan's 2 percent inflation target has a positive … Abenomics is found to be effective in increasing both average income growth and income equality. The main policy implication of …
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