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Moazam Mahmood,Rabia Ikram

Explaining Pakistan’s Long-Run Growth: A Keynesian Model in Seven Essays

Explaining Pakistan’s Long-Run Growth: A Keynesian Model in Seven Essays

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Format: Hardback
Length: 230 pages
Publication date: 15 May 2025
Publisher: Springer International Publishing AG

Applied to the hiatus in Pakistan’s GDP growth after 1992, this model shows that pre-1992, high GDP growth is explained by high investment growth, paired with a low marginal propensity to consume (MPC), while post-1992, lowered GDP growth is explained by lower investment growth paired with a higher MPC.


Dimension: 210 x 148 (mm)
ISBN-13: 9783031866760

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