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  • Volume 2015

    The Impact of Financial Crises on Pakistan Economy
    (International Journal of Business, Economics and Management Works)

    Vol. 2, Issue 2, PP. 6-8, Feb. 2015
    Keywords: Economy, Financial crises, high inflation, Deficit

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    Abstract

    The study has tried to identify the effect of  financial crises on economy of Pakistan. The major objective of this research was to examine the casual relationship between economic growth, inflation rate and foreign debt. The study also highlights the solidity relationship between indicators of financial crises. Co-integration test has been applied in this study. The findings showed that there is stability relationship in economic growth and other factors. 

    Author

       Anam Azam  is currently doing Master in Economics from Beijing University of Language and Culture University, Beijing, China (corresponding author to provide phone:0086-13641117142; ; e-mail: anamrafiq95@gmail.com).

       Fouzia Nazir is doing her Master in Psychology from University of Gujrat, Pakistan.

       Muhammad Rafiq is studying at North China Electric Power University, Beijing, China (e-mail: jutt96@gmail.com).

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    Cite

    Anam Azam, Fouzia Nazir, Sobia Nazir, Sophia Nazir, Shazia Tasleem, Muhammad Rafiq, "The Impact of Financial Crises on Pakistan’s Economy" International Journal of Business, Economics and Management Works, Vol. 2, Issue 2, PP. 1-3, Feb. 2015. 

    References

    [1]     Caprio, G. and D. Klingebiel, (2003) Episodes of 14. Systemic and Borderline Financial Crises. World Bank database Washington, D.C.: The World Bank.

    [2]     www.http://.organ (2005,2006). Economic and social indicators of Pakistan; review of Pakistan.

    [3]     Caprio, G. and D. Klingebiel, (2003) Episodes of 14. Systemic and Borderline Financial Crises. World Bank database Washington, D.C.: The World Bank.

    [4]     Amjad, R and Din M (2010) Global financial crises Pakistan Insititute of Development of economics.

    [5]     Azam, R. (2011) “Financial Crises and Economic Growth in Pakistan" Journal of Scientific Research Vol, No.9 (3), PP. 425-430.

    [6]     Mccartney, M. (2011) Pakistan, Growth, Dependency, and Crisis     Journal of Economics  pp. 71-

    [7]     Umer Draz. M (2011) “ Financial crises on Pakistan and china"

    Jornal of global Business and economics vol no.3.1

    [8]     Yaqoob M (2011). “Economic crises in Pakistan”. SBP Research Bulletin Vol no.1 (7).

    [9]     Nazir S (2012), “Global financial crises on bank financial performance in Pakistan”, American journal of scientific research. pp.101-110

    Beenish, S. (2013).“Energy crises in Pakistan”. Journal of Social and economic research, Vol. No. 1(7). 

    [1]     Caprio, G. and D. Klingebiel, (2003) Episodes of 14. Systemic and Borderline Financial Crises. World Bank database Washington, D.C.: The World Bank.

    [2]     www.http://.organ (2005,2006). Economic and social indicators of Pakistan; review of Pakistan.

    [3]     Caprio, G. and D. Klingebiel, (2003) Episodes of 14. Systemic and Borderline Financial Crises. World Bank database Washington, D.C.: The World Bank.

    [4]     Amjad, R and Din M (2010) Global financial crises Pakistan Insititute of Development of economics.

    [5]     Azam, R. (2011) “Financial Crises and Economic Growth in Pakistan" Journal of Scientific Research Vol, No.9 (3), PP. 425-430.

    [6]     Mccartney, M. (2011) Pakistan, Growth, Dependency, and Crisis     Journal of Economics  pp. 71-

    [7]     Umer Draz. M (2011) “ Financial crises on Pakistan and china"

    Jornal of global Business and economics vol no.3.1

    [8]     Yaqoob M (2011). “Economic crises in Pakistan”. SBP Research Bulletin Vol no.1 (7).

    [9]     Nazir S (2012), “Global financial crises on bank financial performance in Pakistan”, American journal of scientific research. pp.101-110

    Beenish, S. (2013).“Energy crises in Pakistan”. Journal of Social and economic research, Vol. No. 1(7).