This study has examined the structure of informal credit market in Pakistan by combining two approaches; a field survey administering semi-structured questionnaire to more than 1000 informal lenders supplemented by case studies. According to the survey, a good deal of interlinkages exists...

The paper addresses the issue of aging in the context of poverty, which is on the increase in Pakistan. In the present scenario, the elderly do not form a large segment of the population but they are expected to increase in the coming years. The absence of well-established social protection...

Unemployment is one of the major factors in low Economic development of Pakistan and especially KPK, due to a number of factors and gaps on demand and supply side. Unemployment is on the rise, which needs to be minimised. Large part of the working community is involved in unrelated jobs meaning...

Public property common pool resources in many developing countries are often portrayed in dismal states allegedly due to governments’ inability to manage them in a sustainable manner. While this explanation may have some merit, it is certainly inadequate. Instead, we argue that public property...

This study investigates the existence of accrual anomaly by using a sample of 340 non-financial firms listed at Karachi Stock Exchange. The objective of the study is to examine the persistence of the accruals and cash flow components and their respective effect on future stock prices and a hedge...