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Proposal Title:
External indebtedness of Pakistan,Impact on Poverty and Income Distribution
Supervisor:
Other Resource Persons:
Brief Summary of Significance of Research
It is very important to highlight the causes, complexities, remedies and policies regarding the increasing debt and debt servicing problem through empirical evidences.
If the benefit of economic growth is shared within a specific group of the society and poor are left behind then policy makers need to review the growth oriented policy.
Domestic resource mobilization is the most sustainable source of development which the policy makers have completely ignored.
An endeavour will be made to bring together the literature that link external debt to poverty, income distribution and growth.
References
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2. Anderson, Edward, White, Howard (2001). Growth versus Distribution: Does the pattern of growth matter? University of Sussex.
3. Assane, Djeto and Grammy, Abbas (2003). An Assessment of the Growth and Inequality Causality Relationship. Applied Economics Letters,
4. Aghion, P. and P. Bolton (1997). A trickle-down theory of growth and development. Review of Economic Studies, 64, 151-172.
5. Burney, N. A. (1988), “Determinants of Debt Problem in Pakistan and its Debt Servicing Capacity.” Pakistan Development Review. Vol. 27, No. 4.
6. Ali and Tahir, 1999, Dynamics of Growth, poverty and inequality in Pakistan, Pakistan Development Review.
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8. Chaudhary, M. A. and Anwar, S. (2000), “Foreign Debt, Dependency, and Economic Growth in south Asia”, Pakistan Development Review. Vol. 39, No. 4
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11. Chaudhary, M. A. and Anwar, S. (2001), “Debt Laffer Curve for South Asian Countries”,Pakistan Development Review. Vol. 40, No. 4.
12. Cunningham, R.T. (1993), “The Effects of Debt Burden on Economic Growth in Heavily Indebted Nations”, Journal of Economic Development
13. Chawdhury, A. R. (2001) Foreign Debt and Growth in Developing Countries: A Sensitivity and Causality Analysis Using Panel Data. Milwaukee, Department of Economics, Marquette University, USA.
14. Dollar, David, Kraay, Aart (2001). Growth is good for the poor. Working Paper 2587.Washington DC: The World Bank.
15. Eastwood, Robert, Lipton, Michael (2001). Pro-poor growth and pro-growth Poverty: Meaning, Evidence, and Policy Implications, in: Asian Development Review 19(1): 1 – 37.
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Evidence from Pakistan’s poverty trends. Pakistan Development Review
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21. Kakwani, N. and E. Pernia (2000) what is Pro-poor Growth? Asian Development Review.
22. Karagol E.The Causality Analysis of External Debt Service and GNP: The Case of Turkey Department of Economics and Related Studies, University of NewYork
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24. Khan and Ajayi,2000; External debt and capital flight in Sub Sahara Africa
25. Kamal R. A;Debt Accumulation and its implication for growth, Pakistan Development Review 2001
26. Kraay, A. (2004) When is Growth Pro-Poor? Cross-country Evidence. Washington, DC, World Bank. (World Bank Policy Research Working Paper.
27. Lopez, J. H. (2004b) Pro-growth, Pro-poor: Is there a Tradeoff? World Bank Policy Research Working Paper 3378). World Bank, Washington, DC
28. Loko, Boileau, Mlachila, Montfort, Nallari, Raj, Kalonji, Kadima (2003). The impact of external indebtedness on poverty in low-income countries, Working Paper 61/2003. Washington DC: International Monetary Fund.
29. McCulloch, Neil and B. Baulch (1999) Assessing the Poverty Bias of Economic Growth: Methodology and Application to Andhra Pradesh. Institute of Development studies, Brighton. (Working Paper No. 98.)
30. Meir Rolf (2004),External Debt and pro poor growth, Development Research Group, World Bank
31. Persson T. and G. Tabellini (1994). Is inequality harmful for growth? American Economic Review.
32. Ravallion, Martin, Growth, Inequality and Poverty: Looking Beyond Averages
33. Ravallion, M. and S. Chen (2003) Measuring Pro-poor Growth. Economic
Letters 78, 93–99
34. Siddiqui, R. and Malik, A. (2001), “Debt and Economic Growth in South Asia”, Pakistan Development Review.
35. Son, Hyun Hwna (2004) A Note on Measuring Pro-poor Growth. Economic Letters 82, 307–314
36. White, H and E. Anderson (2001) Growth versus Distribution: Does the Pattern of Growth Matter? Development Policy Review 19:3, 267–289.
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