External Shocks and Domestic Adjustment: Pakistan's Case (1970-1990) (UGC (Monographs) Series in Economics)

Looking closely at the connection between external economic shocks and domestic adjustments in Pakistan during two financially turbulent decades, this book traces the origin of recurring external payment problems due to a lack of adequate domestic adjustments. Such problems are primarily caused, according to the authors, by abrupt changes in the behavior of international goods and capital markets.