The role of central banks in supporting economic growth and creation of productive employment: the case of Pakistan

Asad. Sayeed and Zubair Faisal. Abbasi

ILO Working Papers from International Labour Organization

Abstract: This study explores different facets of the evolving structure, functions and conduct of Pakistan’s central bank or the State Bank as it is usually called. The study commences by offering an overview of the country’s macroeconomic, labour market and social indicators and evaluates how they have evolved over time. It attempts to gauge the conduct of the State Bank through its response to moments of economic significance faced by the country in the last two and a half decades. Specific attention is paid to the conduct of monetary policy, the role of the State Bank in channelling investment resources to priority sectors and its coordination with fiscal policy.

Keywords: bank; economic growth; employment creation; banque; croissance économique; création d'emploi; banco; crecimiento económico; creación de empleos (search for similar items in EconPapers)
Pages: 31 pages
Date: 2015
New Economics Papers: this item is included in nep-cba and nep-mon
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Published in Employment working paper series

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Persistent link: https://EconPapers.repec.org/RePEc:ilo:ilowps:994874753402676

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