| Abstract | 第5-7页 |
| 摘要 | 第8-11页 |
| Acknowledgement | 第11-16页 |
| Chapter1 Introduction | 第16-41页 |
| 1.1.Overview | 第16-17页 |
| 1.2.The Issue of Fiscal Vulnerability | 第17-20页 |
| 1.3.The Issue of Financial Stress | 第20-22页 |
| 1.4.The Issue of Public Debt Sustainability | 第22-26页 |
| 1.5.The Issue of Debt Overhang Hypothesis, Crowding Out Effect and Import Compression Effect | 第26-28页 |
| 1.6.The Issue of Debt Rescheduling Capacity | 第28-31页 |
| 1.7.Objectives of the Study | 第31-32页 |
| 1.8.Contributions of the Study towards the Body of Knowledge/ Literature | 第32-36页 |
| 1.8.1.Contribution from the Perspective of Fiscal Vulnerability,Financial Stress,and their Interaction with macroeconomic policies | 第32-33页 |
| 1.8.2.Contribution from the Perspective of Public Debt Sustainability | 第33-34页 |
| 1.8.3.Contribution from the Perspective of Debt Overhang Hypothesis, Crowding Out Effect and Import Compression Effect | 第34-36页 |
| 1.8.4.Contribution from the Perspective of Public Debt Repayment/ Rescheduling Capacity | 第36页 |
| 1.9.The Significance of the Study in Public Administration Knowledge | 第36-41页 |
| Chapter2 Literature Review | 第41-87页 |
| 2.1.Some Conceptual Considerations | 第41-46页 |
| 2.2.The Issue of Fiscal Vulnerability and Financial Stress | 第46-56页 |
| 2.3.The Issue of Public Debt Sustainability | 第56-66页 |
| 2.4.The Issue of Debt Overhang Hypothesis, Crowding Out Effect and Import Compression Effect | 第66-77页 |
| 2.5.The Issue of Debt Rescheduling Capacity | 第77-81页 |
| 2.6.Literature focusing on the Debt Problem of Pakistan | 第81-87页 |
| Chapter3 Some Critical Concerns About Debt and Macroeconomic Profile of Pakistan | 第87-96页 |
| Chapter4 Methodology | 第96-113页 |
| 4.1.The Issue of Fiscal Vulnerability,Financial Stress and MacroeconomicPolicies and their nteraction | 第96-99页 |
| 4.1.1.The Issue of Fiscal Vulnerability (The Fiscal Vulnerability Index) | 第96-97页 |
| 4.1.1.1.Basic Fiscal Variables | 第96-97页 |
| 4.1.1.2.Long-term Fiscal trends | 第97页 |
| 4.1.1.3.Asset and Liability Management | 第97页 |
| 4.1.2.The Issue of Financial Stress (A Financial Stress Index) | 第97-98页 |
| 4.1.3.Macroeconomic Policy ndex | 第98页 |
| 4.1.4.The Relationship Between Fiscal Vulnerability,Financial Stress and Macroeconomic Policies in the Economy of Pakistan | 第98-99页 |
| 4.2.The Issue of Public Debt Sustainability | 第99-104页 |
| 4.2.1.The Fiscal Reaction Function | 第100页 |
| 4.2.2.The Extended Fiscal Reaction Function | 第100-101页 |
| 4.2.3.Analyzing Debt Dynamics | 第101页 |
| 4.2.4.Government Revenue and Expenditure Adjustments to Debt | 第101-102页 |
| 4.2.4.1 Government Expenditure Adjustment to Debt | 第101页 |
| 4.2.4.2.Government Revenue Adjustment to Debt | 第101-102页 |
| 4.2.5.Impulse Response Functions using Vector Autoregressive (VAR) Model | 第102-104页 |
| 4.3.The Issue of Debt Overhang Hypothesis,Crowding Out Effect and Import Compression Effect | 第104-109页 |
| 4.4.The Issue of Determinants of Debt Rescheduling Capacity | 第109-110页 |
| 4.5.Data | 第110-113页 |
| Chapter5 Analysis and Discussion of Results | 第113-165页 |
| 5.1.The Issue of Fiscal Vulnerability,Financial Stress and Macroeconomic Policies | 第113-120页 |
| 5.2.The Issue of Public Debt Sustainability | 第120-143页 |
| 5.2.1.The Fiscal Reaction Function | 第120-122页 |
| 5.2.2.The Extended Fiscal Reaction Function | 第122-129页 |
| 5.2.3.Analyzing Debt Dynamics | 第129-131页 |
| 5.2.4.The Expenditure Reaction Function (Government Expenditure Adjustments toDebt) | 第131-133页 |
| 5.2.5.The Revenue Reaction Function (Government Revenue Adjustments to Debt) | 第133-136页 |
| 5.2.6.Impulse Response Functions | 第136-143页 |
| 5.3.The Issue of Debt Overhang Hypothesis, Crowding Out Effect and Import Compression Effect | 第143-160页 |
| 5.3.1.The Investment Equation | 第144-151页 |
| 5.3.2.The Human Capital Equation | 第151-154页 |
| 5.3.3.The Growth Equation | 第154-160页 |
| 5.4.The Issue of Determinants of Debt Rescheduling Capacity | 第160-165页 |
| Chapter6 Conclusion and Policy Implications | 第165-174页 |
| References | 第174-186页 |
| Appendix1 | 第186页 |
| Results of Principal Component Analysis for Fiscal Vulnerability Index | 第186-187页 |
| Results of Principal Component Analysis for Financial Stress Index | 第187-188页 |
| Results of Principal Component Analysis for Macroeconomic Policies Index | 第188-189页 |
| Academic Article Published During Study Period | 第189页 |
