Democracy, Autocracy and Macroeconomic Performance in Pakistan
AbstractPakistan showed a healthy growth rate of 5.6 percent during the entire history and faced many ups and down in the economic growth due to dramatic changes in the political regimes. The literature shows mixed results regarding the impact of autocracy or democracy on economic growth. The aggregate growth of the economy under the autocracy remained better as compared to democratic period. Financial Indicators show consistent path through out the history of Pakistan. Different trade policies are designed in different regime to run the external sector and the impact of each policy was different.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 28122.
Date of creation: 2008
Date of revision:
Publication status: Published in Kashmir Economic Review 1.XVII(2008): pp. 61-88
Democracy; Autocracy; Macroeconomic Performance; Pakistan; Growth; Financial Sector; Fiscal Sector; External Sector;
Find related papers by JEL classification:
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
- B22 - Schools of Economic Thought and Methodology - - History of Economic Thought since 1925 - - - Macroeconomics
- P16 - Economic Systems - - Capitalist Systems - - - Political Economy of Capitalism
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