This paper investigates structural change in Argentina between 1935 and 1960, a period of rapid industrialization and of relative decline of the agricultural sector. This has been the subject of a long-running debate that has exercised Argentine economists throughout the twentieth century, and...

Recent findings in the growth literature suggest that developing countries need to keep a devalued exchange rate to stimulate their economic growth. Building on these findings, we econometrically evaluate to what ex-tent the real exchange rate of Pakistan has been aligned with its economic...

This paper presents the latest Social Accounting Matrix of Pakistan (SAM) for the year 2007–08. Our proposed approach to estimating SAMs is motivated by an information theoretic approach to estimation (Judge & Mittelhammer, 2012) that takes a Bayesian perspective on the efficient use of...

Public investments and policies under Pakistan’s new Framework for Economic Growth are expected to lead to substantial gains in productivity, especially in the industrial and service sectors of Pakistan’s economy. Computable General Equilibrium (CGE) model simulations using a new...

The paper examines the growth of antipoverty transfers in Brazil and their role in securing inclusive growth. Since the turn of the century, Brazil has managed to combine improvement in its growth performance, by the standards of recent decades, with substantial, and arguably unprecedented,...

This study, Indus basin of Pakistan: the impacts of climate risks on water and agriculture was undertaken at a pivotal time in the region. The weak summer monsoon in 2009 created drought conditions throughout the country. This followed an already tenuous situation for many rural households faced...