Pakistan

This book discusses the fundamental constraints that need to be overcome to move the economy of Pakistan to higher growth.

Pakistan's economy has been mired with low economic growth and high inflation. This book takes a historical approach and addresses the fundamental structural constraints that need to be overcome to move the economy to a sustained and higher growth path through better economic management and much-needed policy reforms.Pakistan's economic performance over the past 65 years has confounded its critics – when the country has performed much better than expected, especially in the early years – and disappointed those who had high expectations, given its initial start and economic potential. The central question that the contributors to this volume seek to answer is how to reverse the current prolonged period of low growth and high inflation that Pakistan has experienced, and to suggest and implement measures that would decisively move the economy onto a more sustainable growth path. The book draws on the wide experience of the authors at the highest level of policy-making to put forward realistic and concrete policies keeping in mind what works and does not work in the current socio-economic-political milieu. It also moves beyond the income measurement of poverty toward a more comprehensive analysis of what the best way is to target poverty in Pakistan.