Publication:
Creating Markets in Pakistan: Bolstering the Private Sector

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dc.contributor.authorInternational Finance Corporation
dc.contributor.authorWorld Bank
dc.date.accessioned2022-08-08T18:26:22Z
dc.date.available2022-08-08T18:26:22Z
dc.date.issued2021-05
dc.description.abstractThis Country Private Sector Diagnostic (CPSD) analyzes and synthesizes cross-cutting and sectoral impediments to private sector development in Pakistan. It also proposes a policy reform agenda that would be transformational for the growth and competitiveness of the private sector. It complements the World Bank’s Systematic Country Diagnostic (SCD, 2020) and aims to contribute to the national dialogue by focusing specifically on private sector issues. The Pakistan@100 body of work is the base and it draws on recent thematic World Bank reports and consultations with business leaders and public officials. Technical solutions to Pakistan’s institutional constraints and policy distortions are readily available, but the implementation of these solutions requires committed political leadership. This has proven hard to muster in Pakistan’s young and noisy democracy. Successive administrations have been humbled by vocal public opposition or internal resistance to change influenced by special interest groups. Maintaining political stability has been challenging with frequent transfers of power between civilian and military administrations. The devolution of powers to the provinces and local governments has resulted in an institutional footprint with sometimes overlapping or unclear mandates that give rise to uncertainty for businesses. The question is therefore what it would take for Pakistan’s policymakers—and its elites and informal decision makers—to step up to address the multitude of issues as Pakistan falls behind its peers. Or, in other words, what would enable the government to break the economy’s many sub-optimal equilibria.en
dc.identifier.doi10.1596/37841
dc.identifier.urihttps://hdl.handle.net/10986/37841
dc.language.isoen
dc.publisherInternational Finance Corporation, Washington, DC
dc.rightsCC BY 3.0 IGO
dc.rights.holderInternational Finance Corporation
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo
dc.subjectPRIVATE INVESTMENT AND ENTERPRISE
dc.subjectPRIVATE SECTOR INVESTMENT PROMOTION
dc.subjectCONSTRAINTS TO PRIVATE SECTOR DEVELOPMENT
dc.subjectPORT LOGISTICS INVESTMENT
dc.subjectFINANCIAL INCLUSION
dc.subjectFINTECH
dc.subjectPOVERTY REDUCTION PROGRESS
dc.subjectRENEWABLE ENERGY INVESTMENT
dc.subjectAGRIBUSINESS INVESTMENT
dc.titleCreating Markets in Pakistanen
dc.title.subtitleBolstering the Private Sectoren
dc.typeReporten
dc.typeRapportfr
dc.typeInformees
dspace.entity.typePublication
okr.crossref.titleCreating Markets in Pakistan
okr.date.disclosure2021-05
okr.date.doiregistration2025-05-07T09:42:04.318857Z
okr.doctypeEconomic and Sector Work (ESW) Studies::Core Diagnostic Reports::Private Sector Development, Privatization, and Industrial Policy
okr.doctypePublications & Research
okr.guid099533208082225824
okr.guid099530008082228228
okr.language.supporteden
okr.region.countryPakistan
okr.topicPrivate Sector Development::Competitiveness and Competition Policy
okr.topicPrivate Sector Development::Corporate Governance
okr.topicPrivate Sector Development::Private Sector Economics
okr.topicWater Supply and Sanitation::Public Private Partnerships in Water Supply and Sanitation
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