文章基本信息

标题：A Qualitative Analysis of Pakistan’s External and Internal Debt
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作者：Eatzaz Ahmad
期刊名称：The Lahore Journal of Economics
印刷版ISSN：1811-5438
电子版ISSN：1811-5446
出版年度：2011
卷号：16
期号：SE
页码：123-157
出版社：Lahore School of Economics
摘要：This.paper.discusses.how.poor.debt.management.combined.with.the.policies.of.donor. agencies.(particularly.the.IMF). have.brought.on. the.present.domestic.and.foreign.debt. crises.. The. paper.presents. a.qualitative.account.of. the.debt. in. Pakistan.and. then. analyzes. the. debt. data. using. various. debt. burden. indicators...After. the.analysis.of.the.economic.and.social.costs.of.debt.overhang.in.Pakistan,.it.is.found.that.net. foreign. resource. flows. to. the. private. and. public. sectors. tended. to. crowd. out.private. and. public. savings. respectively. and. that. public. savings. is. crowded. out. by.resource.flows.from.the.private.sector. to.the.public.sector..Finally,.the.results.of.the.paper. find. that. the. resource. allocation. between. development. and. non‐development.expenditure. did. not. depend. on. whether. government. expenditure. was. financed. by.revenues. or. government. borrowing. and. that. more. resources. are. directed. towards.development.activity. when. government.expenditure.is. financed. by. foreign.resource.flows.rather.than.domestic.resource.flows..
关键词：Debt Burden; Savings; Development Expenditure; Pakistan