This paper presents for Pakistan an analysis of the country's recent economic growth and social development, and medium·term prospects covering the period of the Seventh Plan. The meaning of economic growth is self·evident. In contrast, by social development we shall mean the pace of progress...

Empirical studies emphasising supply factors argue that poor countries as a whole show a catching up tendency of rich countries as a whole. We offer a demand side SAM model to highlight the convergence in economic growth. The model predicts, after adjusting for peculiarities of economic systems,...

The paper reports on multiplier analysis of comparable Social Accounting Matrices for Russia and China. The benchmark is around 1990, which constitutes a crucial year in the transition of the two countries to mixed market-state economies. The relative sizes of the two economies have reversed...

The paper introduces the social accounting matrix, SAM, and treats the conversion of the SAM into an economy wide model that employs fixed relative prices and clears market imbalances via flexible quantities. The paper reviews multiplier results relating to the trade-off between economic growth...

The paper demonstrates abilities of the SAM to investigate issues relevant for an advanced economy. i.e. The Netherlands. It studies SAM multipliers for an initial year, examines how they change over later years, and identifies segments that were gainers and losers over ten years. Available data...

The paper develops (a) an analytical framework that views the economy as a social system with interactive subsystems, and (b) a timeline that figures major events in world development that shaped changes in the relative strength of interacting subsystems in western economies. The timeline is...

The paper models how changing distributions of agents on behavioral settings and their interactive behavior across settings end up in distinct socio-economic systems. Focus is on household, firm and state settings, driven by social, economic and political motives. The model explains the shift...

Human resource development and utilization (HR) occupy a central role in achievement of economic growth and social equity. Realization of the HR potential may often be hindered by institutional barriers. These are contextual; they can distort labor returns in either direction, involve conflicts...

The rationale of hybrid economic models revolves around the efficacy of multidimensional mathematical modeling and graphs as the most effective tools to understand any economic problem from a multidimensional view. The main motivation behind the creation of hybrid economic models is to evaluate...