The services sector has provided steady support to Pakistan’s economic growth. It share in GDP now stands a more than 50 percent. The paper analyses its continuation in the growth of the economy in general and the development of trade and genera tion of employment in particular. The study...

The services sector has provided steady support to Pakistan’s economic growth. It share in GDP now stands a more than 50 percent. The paper analyses its continuation in the growth of the economy in general and the development of trade and genera tion of employment in particular. The study...

Controlling prices is one of the major tasks for the macroeconomic policy-makers. The recent oil price hike that shifted the policy towards biofuels and some natural calamities increased food prices around the world. This paper analyses the demand- and supply-side factors that affect food prices...

Controlling prices is one of the biggest tasks that macroeconomic policymakers face. The objective of this study is to analyze the demand- and supply-side factors that affect food prices in Pakistan. We analyze their long-run relationship using an autoregressive distributed lag model for the...

The present study aims to explore the impact of health on productivity, measured through earnings at both individual level and district level of Pakistan. For individual analysis health is measured by various nutrition intakes (calories, protein and vitamin A) and for district analysis health is...

This study examines the impact of global food and oil price shocks and their transmission channels to the selected macroeconomic variables including the inflation rate, output, money balances, interest rate and real effective exchange rate for Pakistan using monthly data over the period...

This study analyses stock price co-movements in a sample of fifteen emerging markets in Asia and Latin America using monthly data over the period January 1990 to December 1996. In addition interlinkages of the emerging stock markets with the world, regional and leading country markets are also...

The current debt situation in Pakistan and the resulting financial crisis require serious attempts to find a sustainable indigenous solution. As such it is essential to search ways and means to reduce dependence on external borrowing over medium to long run.1 External debt is usually created to...

The role of foreign aid in promoting economic growth is a debatable issue and remains unsettled at both theoretical and empirical levels. Pakistan has received a substantial amount of foreign aid since its Independence in 1947 but little improvement has been observed in its socio-economic...