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Publications (2)
Working Paper
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– A Developing Country Perspective
This paper revisits the pollution haven hypothesis in the context of Pakistan by offering a systematic analysis of its trade and production patterns. Using bilateral trade statistics from 1975-2003, we test the hypotheses that Pakistan’s net exports of pollution-intensive products have increased to...
Working Paper
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– A Case for Enhanced HIPC Initiative
The financing of Pakistan’s substantial current account deficits within the framework of IMF and the World Bank structural adjustment programmes—about 6 per cent of GDP in the early 1990s led to a debt crisis in the late 1990s. IMF considered this level of current account deficit quite feasible in...
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