Item Summary

“This paper is about long-term economic growth. The aim is to find the policy path to raise the living standards of all Pakistanis, enhance their self-esteem and respect among nations, as well as to reduce Pakistan’s dependence on other economies. It is based on evidence and facts on the ground”

“Objective: This paper explores why Pakistan has not achieved sustained economic growth as seen in East Asia. Can the East Asian growth model help Pakistan? Our research finds that the short and simple answer is ‘yes, but’. That is clearly an insufficient answer and that is why this paper is long. Development is a long and arduous process. It is a process set in motion by a committed leader with a competent team. They lead the process through discipline and well thought out action that involves the whole population of the country. There are many nuances and many possible paths to choose from. In the pages to follow, the paper discusses its determinants, the choices, and their pros and cons. To navigate the above broad and challenging task, the paper will review the following: ➢ Review of literature on economic development. ➢ Review of literature on East Asian growth, summarizing its essential contents. ➢ Economic growth trends in Pakistan, especially of the last twenty years ➢ Evaluate whether the East Asian model is relevant for Pakistan. What relevant lessons can Pakistan draw from it? ➢ Does Pakistan have an effective state, which can support development?”