Politik der Zentralbank in einer offenen Volkswirtschaft unter besonderer Beachtung der Zinspolitik. Kein Einfluß der staatlichen Zinspolitik auf private Anleger und Investoren feststellbar. Reform des Bankwesens notwendig. (DÜI-Seu)

While the traditional neoclassical production model postulates that it is the physical inputs such as private capital, labour, land, and technology that are the key determinants of output and economic development, in recent years, however, the social sector variables are also considered to be...

The financial sector is central to economic development as it serves the role of intermediary by mobilising savings and subsequently allocating credit for productive activities. However, in many developing countries including Pakistan, administered interest rate, domestic credit controls, high...