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The IMF Stabilization Package and Pakistan's Stabilization Experience

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  • FAIZ BILQUEES

    (Pakistan Institute of Development Economics, Islamabad.)

Abstract

The application of IMF stabilization packages in the less developed countries (LDes) has always been a controversial issue. The debate on IMF stabilization packages with their strong elements of conditionality and impact on the IDes has intensified with the re-emergence of the payments imbalances in the Seventies and early Eighties. The objective of this paper is to evaluate, very briefly, Pakistan's three-year stabilization programme under the Extended Fund Facility (EFF) arrangement for the period 1980-83.

Suggested Citation

  • Faiz Bilquees, 1987. "The IMF Stabilization Package and Pakistan's Stabilization Experience," The Pakistan Development Review, Pakistan Institute of Development Economics, vol. 26(4), pages 767-774.
    • Handle: RePEc:pid:journl:v:26:y:1987:i:4:p:767-774
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    File URL: http://www.pide.org.pk/pdf/PDR/1987/Volume4/767-774.pdf
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    Cited by:

    1. Iqbal, Tabassum & Hussain, Asad, 2020. "Impact of IMF Conditionality on Pakistan," MPRA Paper 112870, University Library of Munich, Germany, revised 2021.
    2. Nawaz A. Hakro & Wadho Waqar Ahmed, 2006. "IMF Stabilization Programs, Policy Conduct and Macroeconomic Outcomes: A Case Study of Pakistan," Lahore Journal of Economics, Department of Economics, The Lahore School of Economics, vol. 11(1), pages 35-62, Jan-Jun.

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