This paper uses a Kaleckian model to study the effects of export expansion on income distribution given particular "structural defects" and institutional constraints in a developing economy. The results show that there might be negative impacts on income distribution if the following conditions...

This study resulted from UNDP's interest in the Philippine proposal for debt-to-MDG financing presented to the United Nations in September 2005. It is based on an analysis of the problem and the processes involved as well as consultations with key Philippine stakeholders, and views of creditor...

During the latter part of 2007 and early 2008, it became obvious that Pakistan's macroeconomic situation was deteriorating rapidly, and that unless immediate measures were taken, the country may slip into a balance of payments crisis. This paper analyzes Pakistan's current macroeconomic economic...