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Policy-based lending, structural adjustment and economic growth in Pakistan McGillivray, Mark 2003, Policy-based lending, structural adjustment and economic growth in Pakistan, Journal of Policy Modeling, vol. 25, no. 2, pp. 113-121. Attached Files Name Description MIMEType Size Downloads Title Policy-based lending, structural adjustment and economic growth in Pakistan Author(s) McGillivray, Mark Journal name Journal of Policy Modeling Volume number 25 Issue number 2 Start page 113 End page 121 Publisher Elsevier Inc. Place of publication New York, N. Y. Publication date 2003 ISSN 0161-8938 1873-8060 Keyword(s) Structural adjustment program Real GDP World Bank and IMF Summary This paper provides an econometric analysis of Pakistan’s structural adjustment program. Introduced in 1980, this program has been supported by the World Bank and IMF under their policy-based lending regimes. Building on recent advances in modelling the impact of policy reform, the paper applies a smooth transitions model to Pakistani real GDP data for the period 1960–2000. Results of this analysis suggest that the adjustment program has not stimulated growth in Pakistan, and that the origins of Pakistan’s post-program growth performance well pre-date this program. Language eng Field of Research 140399 Econometrics not elsewhere classified Socio Economic Objective 970114 Expanding Knowledge in Economics HERDC Research category C1.1 Refereed article in a scholarly journal Copyright notice ©Copyright 2002 Published by Elsevier Science Inc. Persistent URL http://hdl.handle.net/10536/DRO/DU:30028860 Document type: Journal Article Collection: Alfred Deakin Research Institute Related Links Link Description Connect to published version (restricted access) Go to link with your DU access privileges     Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved. Versions Version Filter Type Wed, 26 May 2010, 16:06:31 EST Mon, 02 Aug 2010, 10:13:58 EST Mon, 02 Aug 2010, 10:14:51 EST Mon, 02 Aug 2010, 10:15:40 EST Mon, 02 Aug 2010, 10:16:31 EST Mon, 16 Jun 2014, 15:39:15 EST Filtered Full Citation counts:   Cited 0 times in TR Web of Science Cited 2 times in Scopus Search Google Scholar Access Statistics: 383 Abstract Views, 0 File Downloads  -  Detailed Statistics Created: Wed, 26 May 2010, 16:06:31 EST

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