Abstract:Abstract-Adverse effects of vulnerability in the financial sector have been seen, yet again, during the financial crisis of 2008 that turned into a domino effect on the international financial markets spreading across the developed world. The misfortune seen by the developed countries spread its wings into all corners of the world, but there seems to be a misunderstanding of the threat arising of such an event in the regulators of some developing countries. Pakistan is one such country. The regime at the time … Show more
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