Chaudhry, Rashid Amjad; Din, Musleh ud; Qayyum, Abdul - In: Lahore Journal of Economics 16 (2011) Special Edition, pp. 13-30
This paper proposes that the underlying cause of the macroeconomic problems facing Pakistan today are a series of supply shocks which have constrained output growth. It is argued that while the current debate has solely focused on government expenditures and revenues, it is critical to also...