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Democracy Autocracy and Macroeconomic Performance in Pakistan

Dr. Muhammad Irfan ChaniNasir IqbalSardar Javaid Iqbal Khan

出版	SSRN, 2011
URL	http://books.google.com.hk/books?id=q_TfzwEACAAJ&hl=&source=gbs_api

註釋Pakistan showed a healthy growth rate of 5.6 percent during the entire history and faced many ups and downs in economic growth due to dramatic changes in political regimes. The literature shows mixed results regarding the impact of autocracy or democracy on economic growth. The aggregate growth of the economy under autocracy remained better as compared to democratic period. Financial indicators show consistent path through out the history of Pakistan. Different trade policies are designed in different regime to run the external sector and the impact of each policy was different.