The paper analyses the impact of the 7th NFC Award on the size of the consolidated fiscal deficit of the federal and provincial Pakistan governments in 2010-11, the first year of implementation of the Award. A behavioural asymmetry is observed, whereby the federal current expenditure is...

The paper analyses the impact of the 7th NFC Award on the size of the consolidated fiscal deficit of the federal and provincial Pakistan governments in 2010-11, the first year of implementation of the Award. A behavioural asymmetry is observed, whereby the federal current expenditure is...

Physical Infrastructure stocks in Pakistan since the last two decades have been growing at a very low pace which resulted in increasing unemployment and very low economic growth in the last four years. The paper analyses the link between infrastructure, productivity and growth in Pakistan by...