Revisiting the Constraints to Pakistan's Growth | Land Portal

Informations sur la ressource

Date of publication: 
avril 2014
Resource Language: 
ISBN / Resource ID: 
oai:openknowledge.worldbank.org:10986/17858
Copyright details: 
CC BY 3.0 IGO

This paper revisits the identification
of the binding constraints to investment and growth in
Pakistan by rigorously applying the growth diagnostic
framework. It has a central finding: Pakistan's
economy faces two major groups of constraints emerging and
structural. The emerging constraints include infrastructure
(energy) deficit, high macro-fiscal risks, and inadequate
international financing (high country risks and low FDI
inflows). The structural binding constraints that
persistently affect prospects of sustainable growth in
Pakistan are low access to domestic finance, high
anti-export bias, bad taxation system, micro risks (bad
governance, excess business regulations, and poor civil
service) and slow productive diversification.

Auteurs et éditeurs

Author(s), editor(s), contributor(s): 

Lopez-Calix, José
Touqeer, Irum

Publisher(s): 

The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development.

Fournisseur de données

The World Bank is a vital source of financial and technical assistance to developing countries around the world. We are not a bank in the ordinary sense but a unique partnership to reduce poverty and support development.

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