scholarly journals The Impacts of Economic Reforms and Trade Liberalisation on Agricultural Export Performance in Pakistan

2003 ◽  
Vol 42 (4II) ◽  
pp. 941-960 ◽  
Author(s):  
Zulfiqar Bashir

Economic reforms and trade liberalisation policies have been widely adopted in developing countries in recent years. Pakistan is no exception. This paper focuses on the effects of economic reform policies on the agricultural export performance. A number of studies have investigated the effects of trade liberalisation on export growth in developing countries, and have reached inconclusive results. Some studies have identified positive effects of trade liberalisation on export performance [Krueger (1997); Bleaney (1999); and Ahmed (2002)], others confirmed an insignificant or even a negative relationship [Greenaway, et al. (1994); Jenkins (1996) and Greenaway, et al. (2002)]. There are number of reasons for conflicting conclusions including different researchers have used different indicators for liberalisation and different methods to analyse the effect; difference in the extent of liberalisation studies; most studies have analysed scenarios rather than evaluating the effects, and so on.

2016 ◽  
Vol 12 (34) ◽  
pp. 195 ◽  
Author(s):  
Xolisiwe Yolanda Potelwa ◽  
Moses Herbert Lubinga ◽  
Thandeka Ntshangase

The paper assesses the factors influencing South Africa’s agricultural export growth to its cardinal destinations between 2001 and 2014. A gravity model was used to present investigation of trade flows that has been validated as a suitable tool in determining export growth. The findings indicate that an improvement in South Africa’s and importer’s GDP causes an increase in agricultural exports. Distance and political stability have been shown to have no influence on the growth of agricultural exports to its trading partners. The importer’s population and the export capacity showed a positive relationship on the growth of South Africa’s agricultural exports to its trading partners. Trading agreements, which include AGOA and the TDCA with the EU, show a positive impact on increase in export performance. Therefore, the results suggest that South Africa should focus on countries with a growing population and GDP to improve agricultural export growth and market diversification.


Author(s):  
Joerg Baten ◽  
Christina Mumme

AbstractThis paper explores the inequality of numeracy and education by studying school years and numeracy of the rich and poor, as well as of tall and short individuals. To estimate numeracy, the age-heaping method is used for the 18th to early 20th centuries. Testing the hypothesis that globalization might have increased the inequality of education, we find evidence that 19th century globalization actually increased inequality in Latin America, but 20th century globalization had positive effects by reducing educational inequality in a broader sample of developing countries. Moreover, we find strong evidence for Kuznets’s inverted U hypothesis, that is, rising educational inequality with GDP per capita in the period until 1913 and the opposite after 1945.


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jana Žnidaršič ◽  
Sabina Bogilović ◽  
Matej Černe ◽  
Roopak Kumar Gupta

PurposeBesides diversity's positive effects, groups of “we” against “them” may form in accordance with social categorization theory, showing diversity's negative consequences. The authors aim to reconcile these results and examine their boundary conditions.Design/methodology/approachThe authors studied 584 working professionals from five contexts (transnational companies dealing with multicultural interactions) and analyzed data using moderated-mediation procedures.FindingsA leader-promoting diversity climate plays a crucial role in moderating the negative relationship between perceived dissimilarity and group identification, which is mediated by value dissimilarity.Originality/valueThis study mainly contributes by treating dissimilarity as a multicomponent construct, emphasizing the crucial differences embodied in various conceptualizations of dissimilarity – namely visible and value dissimilarity. For dissimilarity to result in group identification, the results highlight leaders' crucial role, beyond that of organizations and individuals, in stimulating a diversity-embracing climate in work units.


2011 ◽  
Vol 50 (4II) ◽  
pp. 599-615 ◽  
Author(s):  
Naeem Akram

Over the years Pakistan has failed to collect enough revenues for financing of its budget. Consequently, the problem of twin deficits emerged and to finance the developmental activities government has to rely on public external and domestic debt. The positive effects of public debt relate to the fact that in resource-starved economies debt financing if done properly leads to higher growth and adds to their capacity to service and repay public debt. The negative effects work through two main channels—i.e., ―Debt Overhang‖ and ―Crowding Out‖ effects. The present study examines the consequences of public debt for economic growth and investment in Pakistan for the period 1972-2009. It develops a hybrid model that explicitly incorporates the role of public debt in growth equations. As the some variables are I (1) and other are I (0) so Autoregressive Distributed Lag(ARDL) technique has been applied to estimate the model. Study finds that public external debt has negative relationship with per capita GDP and investment confirming the existence of ―Debt Overhang effect‖. However, due to insignificant relationships of debt servicing with investment and per capita GDP, the existence of the crowding out hypothesis could not be confirmed. Similarly, domestic debt has a negative relationship with investment and per capita GDP. In other words, it seems to have crowded out private investment. JEL classification: H63, O43, E22, C22 Keywords: Public Debt, Economic Growth, Investment, ARDL


2019 ◽  
Vol 1 (2) ◽  
pp. 33-37
Author(s):  
Doaa m Salman

This article review provides an insight into the main signals that will be responsible for the coming recession that will start from developed countries and will reflect negatively on developing countries that witness a decreasing level of development. The paper starts with the main seven signals that will initiate the recession. The second section will provide an analysis of the applied procedures and the economic reform that the government adopted to attract investment to overcome the previous and the coming challenges. Finally, the paper provides future expectations and paths for developing countries to overcome the recession.


2012 ◽  
Vol 51 (4II) ◽  
pp. 209-226
Author(s):  
Shahbaz Nasir

Traditionally, developed countries are the major exporters of services; however, technological developments in IT and communications over the last two decades have made it possible for developing countries to exploit their comparative advantage in some modern services. The driving force for this comparative advantage is the large pool of semi-skilled and skilled graduates in emerging countries who can deliver their services across borders, using advanced communication technologies. Why do emerging countries have increasing modern services exports? How are these exports explained by theory? What are the factors behind this export growth and the reasons to expect future growth? These are some of the important questions that researchers and policy-makers would like to find answers to and an attempt has been made to answer these questions in this paper. Identification of the sources of services export growth from emerging and developing countries can be attempted through established theories of goods trade and production. This paper reviews selected theory and empirical work in order to explain the underlying causes for growing exports of services. Causes for the export of modern services may include a comparative advantage of the exporting country, cost reduction for the importing firm through outsourcing, reduction in trading costs due to technological improvements and an increase in gains from services trade.


2018 ◽  
Vol 22 (3) ◽  
pp. e36-e62
Author(s):  
Ramesh C. Paudel ◽  
Arusha Cooray

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