Historical case

Pakistan 2008 IMF crisis

E638 · CSS Evidence Bank v1

This card

The card What it proves In chains (1)Debates (2)

Reserves ~US$3.4bn (<1 month imports); inflation ~25%; CA deficit 8.4% GDP; fiscal deficit 7.4% — Pakistan 2008 IMF crisis · 2008IMF · 2008Needs auditCase Study

Source

IMF — no link on the sheet. Needs final source-line audit.

What it proves

The 2008 programme shows how external shocks interacted with domestic fiscal and energy vulnerabilities.

How to deploy: Use Pakistan 2008 IMF crisis (Reserves ~US$3.4bn (<1 month imports); inflation ~25%; CA deficit 8.4% GDP; fiscal deficit 7.4%) to support: The 2008 programme shows how external shocks interacted with domestic fiscal and energy vulnerabilities.

IMFBOP

In chains and maps

Pakistan IMF Structural CycleWeak tax/export/productivity/energy structure + shocks → external/fiscal imbalance → reserve loss → IMF → stabilization → incomplete reform → recurrence

Debates this card can serve

Is deficit financing a boon or a curse?#446 · asked in 1 years Is IMF lending a debt trap or a path to recovery for Pakistan?#1 · asked in 13 years