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Breaking Out of Stagflation into Sustained Growth

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dc.contributor.author Rashid Amjad
dc.contributor.author Musleh ud Din
dc.contributor.author Abdul Qayyum
dc.date.accessioned 2014-08-18T10:02:51Z
dc.date.available 2014-08-18T10:02:51Z
dc.date.issued 2011-09
dc.identifier.citation The Lahore Journal of Economics Volume 16, No.SE en_US
dc.identifier.issn 1811-5438
dc.identifier.uri http://121.52.153.179/Volume.html
dc.identifier.uri http://hdl.handle.net/123456789/5989
dc.description PP.18 ;ill en_US
dc.description.abstract This paper proposes that the underlying cause of the macroeconomic problems facing Pakistan today are a series of supply shocks which have constrained output growth. It is argued that while the current debate has solely focused on government expenditures and revenues, it is critical to also address the acute energy shortages which is constraining supply. The paper goes on to present four recommendations for breaking out of the present stagflation: (i) prudent macroeconomic management, (ii) reviving the role of the government in development while restoring fiscal balance, (iii) loosening monetary policy in order to spur the private sector, and (iv) improving social safety nets. en_US
dc.language.iso en en_US
dc.publisher © The Lahore School of Economics en_US
dc.subject Economic Growth en_US
dc.subject Supply Shock en_US
dc.subject Pakistan en_US
dc.title Breaking Out of Stagflation into Sustained Growth en_US
dc.title.alternative Pakistan en_US
dc.type Article en_US


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