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Pakistan : moving the economy forward

Author: Rashid Amjad; Shahid Javed Burki
Publisher: Delhi, India : Cambridge University Press, 2015. ©2015
Edition/Format:   eBook : Document : EnglishView all editions and formats
Summary:
This book discusses the fundamental constraints that need to be overcome to move the economy of Pakistan to higher growth.
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Genre/Form: Electronic books
Additional Physical Format: Print version:
Pakistan.
Delhi, India : Cambridge University Press, 2015
(DLC) 2014045963
Material Type: Document, Internet resource
Document Type: Internet Resource, Computer File
All Authors / Contributors: Rashid Amjad; Shahid Javed Burki
ISBN: 1316339718 9781316339718
OCLC Number: 910932043
Notes: Earlier edition published in 2013.
Description: 1 online resource
Contents: Cover; Title; Copyright; Contents; List of figures; List of tables; Preface; 1 Overview; Lessons from the past; Overcoming major constraints; The energy crisis; Macro-stability: Raising revenues and reducing the fiscal deficit; The critical role of tax reforms in making devolution work; Water: Maintaining and harnessing the indus basin irrigation system; Increasing exports: A new driver of economic growth; Encouraging regional trade; India-Pakistan trade; Remittances and the Pakistani diaspora; Improving governance, transparency, and accountability. Reviving private investment: The role of foreign firmsEnsuring inclusive growth: Reducing poverty; Main conclusion; 2 Failed Economic Promise: Lessons from Pakistan's Development Experience; Introduction; Salient aspects of economic history; Lessons from experience; Positive policy actions; Early policy mistakes; High rate of population growth; Neglect of education; Missed export opportunities; Savings, investment, and foreign aid; Deteriorating governance, institutional decline, and weakened public services; Poor economic management and the shift to better governance. The need for a national economic strategyPopulation; Exports; Investment; Human capital; The mechanics of change; Conclusion; References; 3 Economic Management Under IMF Tutelage: Key Lessons from the Musharraf and PPP Rule 1999-2013; Introduction; The Pakistan economy: Bust-boom-bust cycle (1999-2013); Economic dynamics; Economic forces potentially driving the two-speed economy; The "real" size of the Pakistan economy; Pakistan and the International Monetary Fund (IMF) over the economic cycle; Economic management with International Monetary Fund (IMF) tutelage. International Monetary Fund (IMF) programs 1999-2013Economic management under International Monetary Fund (IMF) tutelage: Key lessons; The mismanagement of the economy: An analysis of some key decisions made and not made; Monetary stimulus: Jump-starting the economy, 2002-047; Lack of coordination between finance and planning, 2006/07; Electioneering economics, 2006/07; Unprecedented increase in wheat prices, 2008/09; 7th National Finance Commission award: "On a wing and a prayer" 2009; Procrastination, thy name is R-GST 2010; Strengthening short-term economic management. Economic reforms to increase productivity and international competitivenessImplementing economic reforms; Lack of a consistent medium-term development framework, 2008-13; The role of the higher judiciary in economic decision-making and management; Conclusion; References; 4 A Country and an Economy in Transition; Introduction; Economic and social challenges; External flows and investment; Socioeconomic challenges; The "positives" in the democratic transition; A new development paradigm; Focusing on the immediate; Determinants of sustained long-term growth; Conclusion; References.
Responsibility: edited by Rashid Amjad ; Shahid Javed Burki.

Abstract:

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