External Debts: A Comparative Study of Pakistan in Democratic and Military Regimes

Journal of Business Strategies 7(1), June 2013, ISSN: 1993-5765

8 Pages Posted: 16 Sep 2013

See all articles by Nawaz Ahmad

Nawaz Ahmad

RTS (Research, Trainings, and Solutions); Institute of Business Management (IoBM)

Date Written: February 16, 2013

Abstract

This paper examines the comparative analysis of the average level of External Debts between Democratic and Military Regimes in Pakistan for the time period of 41 years spread over1972 to 2012. This tenure had a combination of military and democratic regimes. Independent sample t-test is used to compare both the regimes which results in higher and statistically significant average external debts for democratic regime. Average growth in the external debts for the time period is observed as 6.2% p.a. Democratic regime has been contributing more in the growth of external debts.

Keywords: External Debts, Democratic Government, Military Government, Comparative Analysis

JEL Classification: C12, C22, F34

Suggested Citation

Ahmad, Nawaz, External Debts: A Comparative Study of Pakistan in Democratic and Military Regimes (February 16, 2013). Journal of Business Strategies 7(1), June 2013, ISSN: 1993-5765. Available at SSRN: https://ssrn.com/abstract=2326340

Nawaz Ahmad (Contact Author)

RTS (Research, Trainings, and Solutions) ( email )

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9th Nishat Lane, DHA 6
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Institute of Business Management (IoBM) ( email )

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Karachi, Sindh 75190
Pakistan

HOME PAGE: http://www.faculty.iobm.edu.pk/staff/nawaz-ahmad/

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