To enhance the inflow of foreign direct investment (FDI) and ultimately to increase the economic growth, the countries have implemented a variety of financial and trade liberalization policies in the last three decades. Pakistan also initiated such type of policies. This study makes an analysis...

Literature in economics has identified many channels through which the financial liberalization may affect demand for money. There are evidences of stability as well as instability of demand for money due to financial development for developing economies. The objective of the current study is to...

The study empirically examined the relationship between the financial sector reforms and household savings in Pakistan by applying the ARDL cointegration technique on annual time series data for the years 1988 to 2008. Empirical findings indicated that the financial liberalization index...