An Analysis of Pakistan's Macroeconomic Situation and Prospects

Felipe, Jesus; Lim, Joseph | December 2008
Abstract
During the latter part of 2007 and early 2008, it became obvious that Pakistan’s macroeconomic situation was deteriorating rapidly, and that unless immediate measures were taken, the country may slip into a balance of payments crisis. This paper analyzes Pakistan’s current macroeconomic economic situation, in particular the sizeable budget and current account deficits. It also discusses the effects of the surge in food and oil prices. The paper also evaluates the government’s response to the deteriorating conditions and proposes a number of policy measures.
Citation
Felipe, Jesus; Lim, Joseph. 2008. An Analysis of Pakistan's Macroeconomic Situation and Prospects. © Asian Development Bank. http://hdl.handle.net/11540/1531.
ISSN
1655-5252
Keywords
Macroeconomic
Macroeconomic Analysis
Macroeconomic Framework
Macroeconomic Models
Macroeconomic Performance
Macroeconomic Planning
Macroeconomic Policies
Macroeconomic Reform
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Citable URI
http://hdl.handle.net/11540/1531
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