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The behavior of public external debt in Pakistan : a financial macroeconomic analysis
https://doi.org/10.18999/forids.28.201
https://doi.org/10.18999/forids.28.20163055c1c-cd7e-4645-8966-a7ab49d5d947
| 名前 / ファイル | ライセンス | アクション |
|---|---|---|
b10.pdf (182.9 kB)
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| Item type | 紀要論文 / Departmental Bulletin Paper(1) | |||||
|---|---|---|---|---|---|---|
| 公開日 | 2006-03-23 | |||||
| タイトル | ||||||
| タイトル | The behavior of public external debt in Pakistan : a financial macroeconomic analysis | |||||
| 言語 | en | |||||
| 著者 |
Waheed, Abdul
× Waheed, Abdul |
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| アクセス権 | ||||||
| アクセス権 | open access | |||||
| アクセス権URI | http://purl.org/coar/access_right/c_abf2 | |||||
| 抄録 | ||||||
| 内容記述タイプ | Abstract | |||||
| 内容記述 | Like many other developing countries, Pakistan is a highly indebted low-income country and is facing serious hardships in external debt servicing. This paper analyzes the behavior of public external debt in Pakistan and assesses the effectiveness of alternative policy measures to control its growth. The study particularly focuses on resource gap in a flow of funds framework and constructs a financial macroeconomic model of Pakistan. The model is then used to develop a medium term strategy to reduce the burden of public external debt significantly by the end of the next five years. Among the eight policy simulations, the results indicate that increase in exports, increase in taxes, reduction in bond rate, reduction in lending rate and devaluation of the currency appear to be very significant in reducing foreign borrowing and bringing the external debt to sustainable levels. The study also found that further reduction in domestic deposit rate, bank rate and required reserve ratio has less significant effects on public debt sustainability. The study concludes that continued government policy reforms and sound debt management are essential for getting out of the current external debt problem. | |||||
| 言語 | en | |||||
| 出版者 | ||||||
| 出版者 | Graduate School of International Development. Nagoya University | |||||
| 言語 | en | |||||
| 言語 | ||||||
| 言語 | eng | |||||
| 資源タイプ | ||||||
| 資源 | http://purl.org/coar/resource_type/c_6501 | |||||
| タイプ | departmental bulletin paper | |||||
| 出版タイプ | ||||||
| 出版タイプ | VoR | |||||
| 出版タイプResource | http://purl.org/coar/version/c_970fb48d4fbd8a85 | |||||
| ID登録 | ||||||
| ID登録 | 10.18999/forids.28.201 | |||||
| ID登録タイプ | JaLC | |||||
| 関連情報 | ||||||
| 関連タイプ | isVersionOf | |||||
| 識別子タイプ | URI | |||||
| 関連識別子 | http://www.gsid.nagoya-u.ac.jp/bpub/research/public/forum/28/10.pdf | |||||
| ISSN（print） | ||||||
| 収録物識別子タイプ | PISSN | |||||
| 収録物識別子 | 1341-3732 | |||||
| ISSN（Online） | ||||||
| 収録物識別子タイプ | EISSN | |||||
| 収録物識別子 | 2189-9126 | |||||
| 書誌情報 |
ja : 国際開発研究フォーラム en : Forum of International Development Studies 巻 28, p. 201-228, 発行日 2005-03-11 |
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| フォーマット | ||||||
| 値 | application/pdf | |||||
| 著者版フラグ | ||||||
| 値 | publisher | |||||
