Full Description
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.
Contents
1. Overview Rashid Amjad and Shahid Javed Burki; 2. Failed economic promise: lessons from Pakistan's development experience Parvez Hassan; 3. Economic management under IMF tutelage: key lessons from the Musharraf and PPP rule, 1999-2013 Rashid Amjad; 4. A country and an economy in transition Shahid Javed Burki; 5. Tackling the energy crisis Afia Malik; 6. Exports: lessons from the past and the way forward Hamna Ahmed, Naved Hamid and Mahreen Mahmud; 7. The future path of tax reforms in Pakistan Hafiz A. Pasha and Aisha Ghaus-Pasha; 8. Pakistan's Indus basin water strategy: past, present and future Shahid Amjad Chaudhry; 9. Economic governance and institutional reforms Ishrat Hussain; 10. Benefiting from foreign direct investment Khalil Hamdani; 11. An analysis of the remittances market in Pakistan Rashid Amjad, M. Irfan and G. M. Arif; 12. The prospects for Indo-Pakistan trade Hafiz A. Pasha and Muhammad Imran; 13. Beyond the poverty line: a multidimensional analysis of poverty in Pakistan Azam Chaudhry, Theresa Chaudhry, Muhammad Haseeb and Uzma Afzal; 14. Can the new intergovernmental structure work in Pakistan? Learning from China Ehtisham Ahmed.
