Global Financial Crisis: Macroeconomic Linkage to Pakistan’s Agriculture
- Abdul Latif
- Muhammad Suhail Nazar
- Maqsood Zia Shah
- Faiz. M. Shaikh
Abstract
This research investigates the impact of Global Financial Crisis Macro economic linkages to Pakistan’s Agriculture. Macroeconomic shocks can impact agriculture more strongly than factors that affect the sector directly. Data were collected from various secondary sources. It was revealed that recent Global financial crisis has negative impact on the Trade growth in Pakistan. It also affects the Price, production, consumption and trade. It was further revealed that Pakistan’s exports have fallen substantially, through mainly because of a drop in the world trade prices rather than export volume.