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This paper develops a model merging the monetary approach to the balance of payments and a neoclassical growth model into a unified framework in which inflation, growth, and the balance of payments are simultaneously determined. The empirical part of the paper presents estimates of the key...
Persistent link: https://www.econbiz.de/10014396167
The paper analyzes the bearing of Islamic teachings on the conduct of fiscal policy. It is shown that Islamic teachings do not prescribe any rigid system of public finance. The major emphasis is on the state’s responsibility to assure at least a basic minimum standard of living for all...
Persistent link: https://www.econbiz.de/10014396236
sharing. This paper describes the developments in Islamic banking in Iran and Pakistan. As these two countries have initiated …
Persistent link: https://www.econbiz.de/10014396453
This paper estimates the size of the underground economy in Pakistan and analyzes its impact on Government fiscal …
Persistent link: https://www.econbiz.de/10014398070
This paper investigates the determinants of private investment in Pakistan with special emphasis on the impact of …
Persistent link: https://www.econbiz.de/10014398431
The flow of workers'' remittances to Pakistan has more than quadrupled in the last eight years and it shows no sign of … Pakistani workers. This paper analyses the forces that have driven remittance flows to Pakistan in recent years. The main … conclusions are: (i) the growth in the inflow of workers'' remittances to Pakistan is in large part due to an increase in worker …
Persistent link: https://www.econbiz.de/10014398651
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014398676
Pakistan’s authorities have requested a 23-month Stand-By Arrangement for SDR 5.169 billion in support of their …
Persistent link: https://www.econbiz.de/10014398919
This paper describes economic developments in Pakistan over the five-year period 1992/93–1996/97, with particular …
Persistent link: https://www.econbiz.de/10014398920
This paper describes developments in the balance of payments of Pakistan during 1972-86, focusing particularly on the …
Persistent link: https://www.econbiz.de/10014395885