Pakistan’s Growth Spurts and Reversals: A Historical Perspective
From the Blog lahoreschoolofeconomics In an insightful article published in the Lahore Journal of Economics by Dr. Rashid Amjad entitled, ‘Pakistan’s Growth Spurts and Reversals: A Historical Perspective, the author looks at the cyclical pattern of growth in Pakistan, Dr. Amjad takes a historical perspective to search for the major causes of Pakistan’s stop go growth cycles. Dr. Amjad comes to the conclusion that, to varying degrees, the foreign exchange constraint provides a major explanation for these cycles of irregular economic growth in the country, particularly since the 1990s. The paper is available at the Lahore Journal of Economics website here (pdf) pakistanblogs.blogspot.comRead Full Post
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