Use this url to cite publication: https://hdl.handle.net/20.500.12259/52941
Options
The Impact of time and regime on external debts of Pakistan: an empirical study
Type of publication
Straipsnis konferencijos medžiagoje Web of Science duomenų bazėje / Article in conference proceedings in Web of Science database (P1a1)
Author(s)
Ahmed, Rizwan Raheem | Indus University, Karachi, Pakistan |
Ahmad, Nawaz | Institute of Business Management, Pakistan |
Title
The Impact of time and regime on external debts of Pakistan: an empirical study
Is part of
IBIMA 2016: Innovation management and education excellence vision 2020: from regional development sustainability to global economic growth [electronic resource] : proceedings of the 27th international business information management association conference, Milan, Italy, 4-5 May 2016 / editor Khalid S. Soliman. Norristown, PA : IBIMA, 2016
Date Issued
Date Issued |
---|
2016 |
Publisher
Norristown, PA : IBIMA, 2016
Publisher (trusted)
Conference Proceedings Citation Index - Social Science & Humanities (Web of Science) |
Extent
p. 486-497
Field of Science
Abstract
The focus of this research is in the area of Financing / Loans acquired by Pakistan over the decades. This study is very important for forecasting the future of Pakistan’s financial strength. The data was collected from the State Bank of Pakistan, period from 1949 to 2010. The findings from this research provide the evidence that the external debts are growing in a very fast rate, which will create a great hurdle in coming future for Pakistan. The main conclusions drawn from this research is that the external debts are growing at an average rate of 14.40% per year and also demonstrated that if external debts increase by PKR 1 million in a year, in the next year it will increase by PKR 1.155 million. This research recommends that the outstanding debt can be taken care a special attention when fiscal and monetary policies are made in which external debt repayment should be given high importance along with the strict control over corruption. Government must introduce easy trade policies, which may boost up the exports in order to generate balance of trade, which may help in repaying the external debts.
Type of document
type::text::journal::journal article::research article
Language
Anglų / English (en)
Coverage Spatial
Jungtinės Amerikos Valstijos / United States of America (US)