The analysis shows that the process of shifting the burden of stabilisation to the lower tiers of the government has seriously shrunk the capacity of the provincial governments to invest in social services. This has resulted in low social expenditures and, consequently, poor social conditions in...

The study examines the impact of reduction in tariff on industrial goods across households and on other broad macroeconomic aggregates. Using a CGE model framework, we analyse the impact of reduction in tariff on industrial goods. The model has 215 equations explaining the linkage among the...