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1 |
ID:
113244
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Publication |
2012.
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Summary/Abstract |
As a result of the Pakistani government's failure to address the situation, severe floods have become a regular occurrence in Pakistan. Consequently, the country finds itself in a vicious cycle of falling international assistance and declining economic growth. However, the country's New Growth Strategy holds out the hope of breaking this cycle, through generating higher rates of economic growth and increased governmental accountability.
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2 |
ID:
076651
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3 |
ID:
059462
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Publication |
Nov-Dec 2004.
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4 |
ID:
061623
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5 |
ID:
085842
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6 |
ID:
080782
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Publication |
2008.
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Summary/Abstract |
For many years, conventional wisdom stressed that developing countries such as Pakistan face a guns versus butter trade-off, with increased defence expenditures coming at the expense of improved economic growth. Later, statistical studies suggested that, depending on the circumstances, defence expenditures could either aid or hinder economic growth. However, these studies were silent on the key role governance structures played in affecting the environments in which defence expenditures occur. Our findings suggest that governance patterns relative to defence determine to a large extent whether increased defence allocations interact with the economy in a positive or negative fashion. Unfortunately for Pakistan, defence expenditures have outrun governance to the extent that their impacts on the economy are negative. Furthermore, this effect is likely to persist even if defence expenditures are significantly reduced. Improved governance is the only option open to the authorities in their attempts to neutralise the adverse impacts of military expenditures
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7 |
ID:
137405
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8 |
ID:
060945
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9 |
ID:
055906
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10 |
ID:
065294
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11 |
ID:
058002
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12 |
ID:
051675
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13 |
ID:
110114
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Publication |
2012.
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Summary/Abstract |
A trend setter in Asia up to the sixties, economic management in Pakistan has steadily
deteriorated to the point where the economy has, for the past few decades, lurched
from one financial crisis to the next. At the heart of the problem has been the poor
management of public finances and deep-seated unresolved structural issues in the
economy that bad management and poor governance has exacerbated. The consequences of this secular decline in economic governance are plain to see: macroeconomic instability, high inflation, poor public services, criminal neglect of the social sectors, widespread corruption, crippling power outages, growing unemployment, deepening poverty and a deteriorating debt profile.
2
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14 |
ID:
068366
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15 |
ID:
065266
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