Ahmed, Vaqar; O'Donoghue, Cathal - In: Lahore Journal of Economics 15 (2010) 1, pp. 45-90
This paper studies the impact of changes in the external balance of Pakistan. We explain why the economic growth … achieved during the past decade was highly dependent on improvements in the external balance. Between 2001 and 2007, Pakistan … benefited from an increase in remittances, foreign assistance from bilateral and multilateral sources, and a relatively stable …