Explaining Pakistan’s Long-Run Growth

A Keynesian Model in Seven Essays

Inbunden, Engelska, 2025

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Applied to the hiatus in Pakistan’s GDP growth after 1992, this model shows that pre-1992, high GDP growth is explained by high investment growth, paired with a low marginal propensity to consume (MPC), while post-1992, lowered GDP growth is explained by lower investment growth paired with a higher MPC.

Produktinformation

Utgivningsdatum2025-05-15
Mått148 x 210 x 19 mm
Vikt436 g
FormatInbunden
SpråkEngelska
Antal sidor230
FörlagSpringer International Publishing AG
ISBN9783031866760

Tillhör följande kategorier

Internationell ekonomi inom Ekonomi och ledarskap
Nationalekonomi inom Ekonomi och ledarskap
Mikroekonomi inom Ekonomi och ledarskap

1. Conceptualising a Keynesian demand led model to explain long run growth – the dance between supply and demand.- 2. The primary macro explanators of Pakistan’s GDP growth over the past half century: the dance between investment and consumption.- 3. Explaining investment growth: the dance between investment and public investment.- 4. Explaining public investment growth – the dance with fiscal deficits.- 5. Policy Implications – dancing over deficits.