The need for a consistent series of national income and related aggregates for East and West Pakistan, which are now separate countries, has been felt for a long time. Both the availability of data and the lack of willingness to make certain assumptions about the "controversial" items of income...

The present study consists, in the main, of formulating, implementing and interpreting the results of a model which attempts to explore with the help of available data the possibilities of import substitution in Pakistan from 1963/64 to 1972/73.

As an approach to economic problems, the input-output analysis is in the tradition of general equilibrium econcmics. However, it is a general equilibrium analysis with numerical strength. It is a general equilibrium theory because it analyzes all the industrial sectors of the economy...

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The results highlight the conflicting interests of countries — to stabilize exchange rates or to keep the option of exchange rate depreciation in order to maintain competitiveness of domestic tradable producers. With deepening integration in East Asia, however, the desire for exchange...

The information and communication technology (ICT) revolution of the past 3 decades has transformed the world into an integrated marketplace. Today, producers and consumers alike are able to compare the prices of local businesses and worldwide sellers. For an increasing number of tradable goods,...

Looking back at the history of the World Trade Organization (WTO), major accords that have been reached under the multilateral framework to date are in substance issue-based “plurilateral†agreements. This paper looks at some specific examples of issue-based plurilateral...