Democracy, Autocracy and Macroeconomic Performance in Pakistan

Nasir Iqbal (), Sardar Javaid Iqbal Khan and Muhammad Irfan
Authors registered in the RePEc Author Service: Muhammad Irfan Chani

MPRA Paper from University Library of Munich, Germany

Abstract: Pakistan showed a healthy growth rate of 5.6 percent during the entire history and faced many ups and down in the economic growth due to dramatic changes in the political regimes. The literature shows mixed results regarding the impact of autocracy or democracy on economic growth. The aggregate growth of the economy under the 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.

Keywords: Democracy; Autocracy; Macroeconomic Performance; Pakistan; Growth; Financial Sector; Fiscal Sector; External Sector (search for similar items in EconPapers)
JEL-codes: B22 O11 P16 (search for similar items in EconPapers)
Date: 2008
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

Published in Kashmir Economic Review 1.XVII(2008): pp. 61-88

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