International economic development and their impact on Pakistan

Aziz, Senator Sartaj
November 1998
Economic Review (05318955);Nov98, Vol. 29 Issue 11, p9
Highlights the implications of the East Asian financial crisis for Pakistan. Nature of the crisis that hit the region in 1997; Large flow of unregulated and inadequately reported private capital to the affected countries; Importance of financial sector's institutional capacity; Role of private lenders; Risks of globalization; Reforms in banking and financial sectors; Recessionary phase of Pakistan's economy.


Related Articles

  • East Asia: Up from the ashes? Tyson, James L. // Christian Science Monitor;7/13/98, Vol. 90 Issue 159, pB4 

    Comments on the importance of Japan in the East Asian economy. Percentage of the region's economic output which Japan is responsible for; Why analysts feel it may take a worsening financial crisis to motivate Japan to change; The importance of public support for economic reform; When analysts...

  • Invisible Linkages: A Regional Perspective of East Asian Political Economy. Peng, D. // International Studies Quarterly;Sep2002, Vol. 46 Issue 3, p423 

    This article studies East Asian political economy from a regional perspective. The Asian financial crisis showed that East Asian economies are highly regionalized. However, the linkages among Asian economies, mostly informal in nature, often appear “invisible” to many in the West,...

  • THE SPILLOVER EFFECT.  // Economic Review (05318955);Sep2011, Vol. 42 Issue 9, p15 

    The article reports that the financial crisis in Europe and the U.S. will have any major effect on the economy of Pakistan. It mentions that the occurrence of a double-dip recession, the country will gain from the decline in the international prices of commodities it imports. It states that if...

  • The Fix Is Out. Friedman, Milton // National Review;11/24/1997, Vol. 49 Issue 22, p42 

    This article looks at the difficulties involved in the devaluation of currency. According to an editorial page published in the "Wall Street Journal," devaluation of currency may lead to more problems and that an alternative solution for currency crises would be to tighten monetary policy and...

  • Foreign Investment To Continue To Fade.  // Asia Monitor: South Asia Monitor;Feb2011, Vol. 17 Issue 2, p5 

    The article presents the economic condition and forecast for Pakistan particularly foreign investment. It states that there is a downward trend on country's foreign investment since the global financial crisis in 2008, as foreign portfolio is dropping and foreign direct investments are...

  • Exchange Rates: Recent Developments.  // Pakistan Country Monitor;Jan2012, p9 

    The article provides information on the developments in the foreign exchange rates for Pakistan rupee in 2009-2011. It discusses the impact of financial crisis in Europe and the country's demand for U.S. dollar on the depreciation of rupee to 3.3 percent year-on-year against the U.S. dollar in...

  • Financial Contagion and Attention Allocation* Financial Contagion and Attention Allocation. Mondria, Jordi; Quintana‐Domeque, Climent // Economic Journal;May2013, Vol. 123 Issue 568, p429 

    We explain financial contagion between two stock markets with uncorrelated fundamentals using fluctuations in international investors' attention allocation. We also show that the degree of (non)anticipation of a crisis is crucial for the existence of contagion. Using daily data on stock market...

  • Asia's tigers declawed, for now. Tyson, James L. // Christian Science Monitor;8/21/97, Vol. 89 Issue 187, p9 

    Examines the so-called tiger economies of East Asia, which have performed poorly in 1997. The death of the strong performance which had attracted investors; Comments from Leila Heckman, director of global asset allocation at Smith Barney; The breakdown in regional currencies; Obstacles to truly...

  • Just a bad dream? Banyard, Peter // Credit Management;Oct98, p42 

    Details the influence of Far Eastern economies on the value of foreign debt. Regular feature of the global economy; Factors that contributed to the dilemma; Possibility of a global deflation.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics