This paper explores the impact of two shocks, trade liberalisation policies and decline in remittances, on welfare and poverty in Pakistan. It begins by reviewing the economy, which reveals that during the Nineties although import tariffs were reduced by 55 percent, poverty however remained...

This report compiles a latest social accounting matrix (SAM) of Pakistan for the year 1989-90. The SAM framework provides useful information about the structure of Pakistan’s economy. Within this framework, the preferred classifications of various accounts are undertaken according to the...

Foreign capital inflows (FKI) help an economy by financing the imbalance between income and expenditure. However, their impact on poverty in the recipient economy is a controversial issue. In this study, we examine the impact on poverty in two different scenarios: (1) labour is homogeneous; (2)...