Pakistan's rebound from the global
financial crisis has been slow and fragile, and unless the
economy changes course swiftly, it could face its second
balance of payments crisis in five years. Its recovery from
the 2008-09 global financial crisis has been the weakest in
South Asia, with a double dip pattern. This report
identifies conditions for a sustainable job-enhancing growth
agenda for Pakistan. Policy must target both goals as they
Résultats de la recherche
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Library Resourceoctobre, 2013Pakistan
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Library Resourceavril, 2014Pakistan
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
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