The balance-of-payments (BOP)-constrained growth rate is the maximum gross domestic product (GDP) growth rate above which unsustainable current account deficits emerge, forcing policymakers to implement contractionary measures that ultimately reduce…
Pakistan ranks among the world’s most polluted countries, with transport emissions being a major contributor to deteriorating air quality. In Punjab, rising smog poses serious environmental and public health risks, with Lahore’s transport sector…
This This article analyzes the tensions of the European Green Deal on Colombian agribusiness, focusing on the coffee and palm oil sectors. It examines the key European legal instruments that affect agricultural trade and identifies the trade…
Orientation: Agriculture is key to South Africa’s economy, but exports face high transport costs, logistical bottlenecks, and infrastructure constraints, limiting competitiveness.
Research purpose: To examine how transport costs and logistical…
This paper examines whether government spending and governance have a nonlinear relationship with economic growth. The study determines the threshold effect of the institutional quality on the relationship between public expenditure and economic…
This paper analyzes the nonlinear effect of trade openness on economic growth over a sample of developed and developing countries during the period 1980–2020. Using a Dynamic Panel Threshold Model advanced by Seo and Shin (2016), and Seo et al., (…
The Lahore School of Economics macro model estimates that Pakistan's GDP growth for FY 2023-2024 is projected at 1.68%, reflecting ongoing weaknesses in sectoral performance, particularly in large-scale manufacturing, which barely broke even after a…