Economics, Econometrics and Finance
8 years ago

Devaluation in Pakistan Leads to Economic Contraction, Study Finds.

1 view
RePEc: Research Papers in Economics
Impact of Devaluation on GDP of Pakistan
Nooreen Mujahid, Aniqa Zeb

Paper Summary

The study looked at how the exchange rate affects Pakistan's economy. They used data from 1980 to 2012 to see how GDP and exchange rate are connected. They found that devaluation of the currency can shrink the economy, but there was no direct link between exchange rate and GDP over time.

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