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Growth model needs to be long term

Pakistan has never achieved impressive growth rates in its history with the highest rate (average) achieved in the 1960s of 6.8 percent (attributed to the Korean War that enabled the…

Tech parks for growth

In today’s fast-paced global economy, technology parks play a crucial role in fostering industrial development by providing an ecosystem conducive to innovation, collaboration and entrepreneurship. These designated areas are often…

A low growth trap: assessing challenges

Over the past two years, the Pakistani economy has weathered a highly turbulent period. Inflation reached unprecedented levels, marking a historical peak, while real economic growth plunged into negative territory…

Balancing policies for private sector growth

In the medium term, addressing Pakistan’s balance of payment problem requires a policy framework centered on facilitating private sector investment, both domestic and international. A stable political and economic environment…

Why emphasis on export-led growth becomes imperative

In the expansive arena of economic governance, Ludwig von Mises’ profound assertion resonates: “If one rejects laissez-faire on account of man’s fallibility and moral weakness, one must, for the same…

The roadmap to growth

As we move towards a possible election early next year, the political discourse continues to hover around the old issue of corruption, overwhelmed by debates on who is more corrupt…

How to achieve growth

To progress rapidly, Pakistan must create an Ease of Doing Business (EoDB) environment conducive to economic growth, innovation, and entrepreneurship. The EoDB refers to the regulatory and administrative framework that…