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The main aim of this paper is to investigate how far State Bank of Pakistan is prepared enough to undertake its …. In the paper three examples from Chile, Turkey and Mauritius, have been used who have adopted the system, as they seem … more close to Pakistan as a developing nation. Up till 2005, SBP was using monetary aggregate as for its operational target …
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Purpose – The purpose of this paper is to estimate a complete demand system for the United Arab Emirates (UAE) and use the estimates to evaluate the welfare impact of price inflation. Eight expenditure groups are considered: food, clothing, housing, furniture, transportation, medical care,...
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The Lebanese economy has changed since the influx of capital in the 1970s after the oil boom. It collapsed during the civil war; then came devaluation in 1992 and an explosion of the amount of money in circulation linked to enormous investments, particularly in property. According to the author,...
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