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…
This paper assesses the potential repercussions of US tariff policies on Pakistan's exports to the US. The imposition of a 19-percent tariff would result in an equivalent increase in costs for Pakistani exporters. Assuming this increase is passed…
With the COVID-19 pandemic, the tourism industry has been the hardest hit in Mauritius due to health containment measures linked to travel restrictions and the closure of borders to prevent the spread of the virus. The hotel industry attempted to…
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…
Health pandemics affect women and men differently, and they can make the existing gender inequalities much worse. COVID-19 is one such pandemic, which can have substantial gender implications both during and in the post-pandemic world. Its economic…