Lahore School of Economics

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Pakistan’s Growth Spurts and Reversals: A Historical Perspective

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)

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posted by S A J Shirazi @ 5/13/2015 02:02:00 PM,

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