IDEAS home Printed from
   My bibliography  Save this article

Impact Of Financial Crises On Pakistan And China: A Comparative Study Of Six Decades


  • Muhammad Umar Draz

    () (Accounting and Finance at Department of Commerce, Bahauddin Zakariya University, Multan, Pakistan and Doctoral Scholar, Accounting School, Zhongnan University of Economics and Law, Wuhan, China)


This work is intended to find out the impact of Financial Crises on Pakistan and China and to conclude that which country faced more external financial blows in its history of more than sixty years. We have taken into consideration the Gross Domestic Product (GDP) growth rates of both nations and Chow Break Point testing is applied individually for tracing whether the years of global and international financial crises appear in the economy or not. The results of our analysis obtained from EViews illustrate that China was smacked by the external financial crises more than Pakistan.

Suggested Citation

  • Muhammad Umar Draz, 2011. "Impact Of Financial Crises On Pakistan And China: A Comparative Study Of Six Decades," Journal of Global Business and Economics, Global Research Agency, vol. 3(1), pages 174-186, July.
  • Handle: RePEc:grg:01biss:v:3:y:2011:i:1:p:174-186

    Download full text from publisher

    File URL:
    Download Restriction: no

    File URL:
    Download Restriction: no

    References listed on IDEAS

    1. Mahmood Hasan Khan, 2002. "When is Economic Growth Pro-Poor? Experiences in Malaysia and Pakistan," IMF Working Papers 02/85, International Monetary Fund.
    2. Carmen M. Reinhart & Kenneth S. Rogoff, 2004. "Serial Default and the "Paradox" of Rich-to-Poor Capital Flows," American Economic Review, American Economic Association, vol. 94(2), pages 53-58, May.
    3. repec:wsi:serxxx:v:56:y:2011:i:01:n:s0217590811004109 is not listed on IDEAS
    4. Chow, Gregory C. & Wang, Peng, 2010. "The empirics of inflation in China," Economics Letters, Elsevier, vol. 109(1), pages 28-30, October.
    Full references (including those not matched with items on IDEAS)


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. repec:eee:revfin:v:35:y:2017:i:c:p:29-42 is not listed on IDEAS

    More about this item


    China; Chow Break-Point Test; Economy; Financial Crises; GDP Growth; Internal issues; Pakistan;

    JEL classification:

    • G01 - Financial Economics - - General - - - Financial Crises
    • O57 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Comparative Studies of Countries


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:grg:01biss:v:3:y:2011:i:1:p:174-186. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (editor). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.