This paper examines the extent to which Pakistan’s growth has been, or is likely to be, limited or constrained by its balance-of-payments (BOP). The paper begins by briefly considering the BOP-constrained growth model in the context of demand and supply-oriented approaches to economic growth....

Purpose – The purpose of this paper is to document the transformation of developing Asia's manufacturing sector during the last three decades. Design/methodology/approach – The paper briefly discusses the transformation during the last 30 years and benchmarks the sector by estimating a...

Purpose – The purpose of this paper is to evaluate the degree of structural change of the Philippine economy and examine how linkages among sectors evolved during 1979‐2000. Design/methodology/approach – The authors use the input‐output tables of the Philippines to draw the economic...