The Marshall – Lerner condition shows that the devaluation of the exchange rate should improve the trade balance if the elasticity of export demand and import demand are greater than one. In recent years, the prices of raw materials such as oil and metals have increased considerably. This has made some manufacturers in emerging economies …
Marshall Lerner Condition and Pakistan’s Economy Read More »
In today’s world of modern infrastructure, with high-technology gadgets and world-class designs, we still face a global crisis: Good is being sold expensive. And the most affected by this crisis are the people of underdeveloped countries like the Philippines. The least developing countries and developing countries can never pay their loans. Does the statement apparently …
This year’s theme of the World Economic Forum (WEF) held in Davos, Switzerland, in May 2022 was “History at a Turning Point: Government Policies and Business Strategies.” Leaders worldwide were together to address the issues that shook the world, just like the Great Depression in 1930. Still, the situation was different this time, such as …
World Economic Forum 2022 and Pakistan’s Challenges Read More »
IPRI is one of the oldest non-partisan think-tanks on all facets of National Security including international relations & lawfare, strategic studies, governance & public policy and economic security in Pakistan. Established in 1999, IPRI is affiliated with the National Security Division (NSD), Government of Pakistan.
