The objective of this research is to find the long-run association among financial liberalization, international trade openness, real interest rate and economic growth in case of Pakistan's economy, for this purpose annual data for the period of 1975-2009 is considered. Bound testing approach of...

The supply-leading or demand-following hypotheses are examined in this study in case of Pakistan. There are two prime objectives of this study first to check the existence of co-integration between financial development and economic growth and second the direction of causality between the two....

Fiscal imbalances are one of the common economic indicators of developing countries as these countries have a structural weakness on one hand and a strong desire to invest in capital intensive projects that speeds up the pace of development. It has been noticed that in the last couples of years...