The voluminous literature examined the impact of globalization on growth and suggesting that globalization leads to higher growth. Globalization may influence not only the growth of a country but also its debt. Comprehensive studies investigating the effect of globalization on public debt are rare, however, this study attempted to explore the impact of different dimensions of globalization on public debt particularly in case of Pakistan. This study fills the void by providing an empirical analysis of the short-run and long-run effects of globalization on public borrowing over the period of 1975 to 2017. By employing Auto Regressive Distributed Lag (ARDL) cointegration technique, we observe that economic globalization reduces public debt both in short and long run. Social globalization also impacts negatively in short run while political globalization stimulates public debt. However there in no significant impact of overall globalization on public debt. Results suggests that efficiency hypothesis of globalization dominates in case of Pakistan. Policy makers or government should implement significant measures to boost up trade, foreign direct investments, tourism, financial integration, technological advancement in order to contract heavy debt ultimately the problem of debt trap. Supervisor:- Dr. Karim Khan