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|c 5.00 USD
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|z 9781451852554
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|a 1018-5941
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|a BD-DhAAL
|c BD-DhAAL
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|a International Monetary Fund.
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|a An Empirical "Dependent Economy" Model for Pakistan.
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|a Washington, D.C. :
|b International Monetary Fund,
|c 1991.
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|a 1 online resource (32 pages)
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|a IMF Working Papers
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|a <strong>Off-Campus Access:</strong> No User ID or Password Required
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|a <strong>On-Campus Access:</strong> No User ID or Password Required
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|a Electronic access restricted to authorized BRAC University faculty, staff and students
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|a While the 'dependent economy' approach has been used extensively in theoretical work on developing countries, there is very little empirical analysis of it available in the literature. This paper specifies a dependent economy model which incorporates several developing-country features, including an explicit role for public investment and legal interest rate ceilings. The model is estimated for Pakistan and is used to analyze the country's recent high growth-low inflation experience. In particular, the contribution that external inflows, in the form of workers' remittances and concessional lending, may have made in generating this outcome is assessed.
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|a Mode of access: Internet
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|a IMF Working Papers; Working Paper ;
|v No. 1991/102
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| 856 |
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|z Full text available on IMF
|u http://elibrary.imf.org/view/journals/001/1991/102/001.1991.issue-102-en.xml
|z IMF e-Library
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