International Debt and Foreign Dependency:Policy Options for Pakistan
M. Aslam Chaudhary
Additional contact information
M. Aslam Chaudhary: Pakistan Planning Commission, Islamabad.
The Pakistan Development Review, 1988, vol. 27, issue 4, 829-836
The economy of Pakistan is practically dependent upon foreign resources for its development. This is reflected in the foreign debt of Pakistan which is currently $14 billion (Government of Pakistan 1989). The purpose of this study is to find out whether Pakistan will end up accumulating a very heavy burden of foreign debt if the present tendency of borrowing were to continue. Also, how would debt servicing affect further demand for external financing. Finally, how could the country brellk out of this vicious circle of dependency on foreign loans by followingalternative strategies of development.
References: Add references at CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:pid:journl:v:27:y:1988:i:4:p:829-836
Access Statistics for this article
More articles in The Pakistan Development Review from Pakistan Institute of Development Economics Contact information at EDIRC.
Series data maintained by Khurram Iqbal ().