Pakistan : Finding the Path to Job-Enhancing Growth

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collection.link.76
https://openknowledge.worldbank.org/handle/10986/2184
collection.name.76
Country Economic Memorandum
dc.contributor.author
World Bank
dc.date.accessioned
2013-10-01T18:46:58Z
dc.date.available
2013-10-01T18:46:58Z
dc.date.issued
2013-08
dc.description.abstract
Pakistan's rebound from the global financial crisis has been slow and fragile, and unless the economy changes course swiftly, it could face its second balance of payments crisis in five years. Its recovery from the 2008-09 global financial crisis has been the weakest in South Asia, with a double dip pattern. This report identifies conditions for a sustainable job-enhancing growth agenda for Pakistan. Policy must target both goals as they are closely intertwined. Higher growth rates can be achieved through productivity improvements (technology, innovation, better economic governance), but also from higher output extracted from factors-physical capital, labor, human capital, and land. This report considers whether Pakistan should pursue historical growth of 4.3 percent a year, supported by piecemeal structural reforms leading to partial and unsatisfactory outcomes-or rapid growth of 7 percent, requiring comprehensive big-bang reforms. The report is organized around three major themes: (i) the stylized facts, what are the pluses and minuses of Pakistan's patterns of growth and job creation? (ii) the diagnostics, what is holding back Pakistan's growth? And (iii) the transformational agenda, what are the core ingredients of job-enhancing growth? And how can analysis of the political economy identify policy tradeoffs?
en
dc.identifier.isbn
978-0-9833517-2-6
dc.identifier.uri
http://hdl.handle.net/10986/15979
dc.language
English
dc.language.iso
en_US
dc.publisher
Islamabad: World Bank
dc.rights
CC BY 3.0 IGO
dc.rights.holder
World Bank
dc.rights.uri
http://creativecommons.org/licenses/by/3.0/igo/
dc.subject
ACCOUNTABILITY
dc.subject
ACCOUNTING
dc.subject
ACCOUNTING MODELS
dc.subject
ADB
dc.subject
AGGREGATE DEMAND
dc.subject
AGRICULTURAL OUTPUT
dc.subject
AGRICULTURAL PRODUCTIVITY
dc.subject
AGRICULTURAL TRADE
dc.subject
AGRICULTURE
dc.subject
ALTERNATIVE DISPUTE RESOLUTION
dc.subject
ANNUAL GROWTH
dc.subject
ANTI-EXPORT BIAS
dc.subject
AUDITS
dc.subject
AUTONOMY
dc.subject
AVERAGE GROWTH
dc.subject
AVERAGE INCOME
dc.subject
BAD GOVERNANCE
dc.subject
BANKING SECTOR
dc.subject
BANKING SECTOR REFORMS
dc.subject
BANKING SYSTEM
dc.subject
BANKS
dc.subject
BENCHMARK
dc.subject
BENCHMARKING
dc.subject
BONDS
dc.subject
BUSINESS ENVIRONMENT
dc.subject
CAPITAL ACCUMULATION
dc.subject
CENTRAL BANK
dc.subject
CITIZEN
dc.subject
CITY GOVERNANCE
dc.subject
CIVIL SERVICE
dc.subject
CIVIL UNREST
dc.subject
COMPETITIVENESS
dc.subject
CONSOLIDATED SUPERVISION
dc.subject
CONSOLIDATION
dc.subject
CONSUMERS
dc.subject
CORPORATE GOVERNANCE
dc.subject
CORPORATE SECTOR
dc.subject
CORRUPTION
dc.subject
CRIME
dc.subject
CRISES
dc.subject
DEBT
dc.subject
DECISION TREE
dc.subject
DEMOCRATIC REGIMES
dc.subject
DEVELOPMENT BUDGET
dc.subject
DEVELOPMENT GOALS
dc.subject
DEVELOPMENT INDICATORS
dc.subject
DEVELOPMENT PROJECTS
dc.subject
DEVELOPMENT REPORT
dc.subject
DEVELOPMENT STRATEGY
dc.subject
DEVOLUTION
dc.subject
DIRECT INVESTMENT
dc.subject
DOMESTIC CREDIT
dc.subject
ECONOMIC DEVELOPMENT
dc.subject
ECONOMIC EXPANSION
dc.subject
ECONOMIC GROWTH
dc.subject
ECONOMIC RELATIONS
dc.subject
ECONOMIC SITUATION
dc.subject
EDUCATIONAL ATTAINMENT
dc.subject
ELASTICITY
dc.subject
EMERGING MARKETS
dc.subject
EMPLOYMENT
dc.subject
ENTERPRISE GOVERNANCE
dc.subject
ENTREPRENEURSHIP
dc.subject
EXCISE TAXES
dc.subject
EXPORT DIVERSIFICATION
dc.subject
EXPORT GROWTH
dc.subject
EXPORTS
dc.subject
EXTERNAL TRADE
dc.subject
FINANCIAL CRISIS
dc.subject
FINANCIAL FLOWS
dc.subject
FINANCIAL MANAGEMENT
dc.subject
FINANCIAL MARKETS
dc.subject
FISCAL DECENTRALIZATION
dc.subject
FISCAL DEFICITS
dc.subject
FISCAL POLICIES
dc.subject
FISCAL POLICY
dc.subject
FOREIGN EXCHANGE
dc.subject
FUEL TAXES
dc.subject
GDP
dc.subject
GDP PER CAPITA
dc.subject
GINI COEFFICIENT
dc.subject
GOVERNANCE CHALLENGE
dc.subject
GOVERNANCE INDICATORS
dc.subject
GROSS DOMESTIC PRODUCT
dc.subject
GROWTH PATH
dc.subject
GROWTH POLICIES
dc.subject
GROWTH POTENTIAL
dc.subject
GROWTH RATE
dc.subject
GROWTH RATES
dc.subject
HARD BUDGET CONSTRAINTS
dc.subject
HEADCOUNT POVERTY
dc.subject
HIGH ELASTICITY
dc.subject
HIGH GROWTH
dc.subject
HOUSING
dc.subject
HUMAN CAPITAL
dc.subject
HUMAN RESOURCE
dc.subject
IMPROVING GOVERNANCE
dc.subject
INCOME
dc.subject
INCOME LEVEL
dc.subject
INDUSTRIAL POLICY
dc.subject
INEQUALITY
dc.subject
INFLATION
dc.subject
INSURANCE
dc.subject
INTEREST RATES
dc.subject
INTERGOVERNMENTAL FISCAL RELATIONS
dc.subject
INTERNAL CASH GENERATION
dc.subject
INTERNATIONAL FORUMS
dc.subject
INTERNATIONAL RESERVES
dc.subject
INTERNATIONAL TRADE
dc.subject
INVESTMENT CLIMATE
dc.subject
LABOR FORCE
dc.subject
LABOR MARKET
dc.subject
LAWS
dc.subject
LEGAL FRAMEWORK
dc.subject
LEGISLATION
dc.subject
LEVEL PLAYING FIELD
dc.subject
LIQUIDATION
dc.subject
LIVING STANDARDS
dc.subject
LOCAL GOVERNMENTS
dc.subject
LONG-TERM GROWTH
dc.subject
MACROECONOMIC IMBALANCES
dc.subject
MACROECONOMIC INSTABILITY
dc.subject
MACROECONOMIC POLICIES
dc.subject
MACROECONOMIC POLICY
dc.subject
MACROECONOMIC STABILITY
dc.subject
MACROECONOMIC STANCE
dc.subject
MACROECONOMIC VARIABLES
dc.subject
MACROECONOMICS
dc.subject
MARKET FAILURES
dc.subject
MEDIUM TERM
dc.subject
MICROFINANCE
dc.subject
MIGRATION
dc.subject
MONETARY POLICIES
dc.subject
NATIONAL FRAMEWORK
dc.subject
NATIONAL INCOME
dc.subject
NATURAL ENDOWMENTS
dc.subject
NATURAL RESOURCES
dc.subject
NEW ENTRANTS
dc.subject
OUTPUT GAP
dc.subject
PARLIAMENT
dc.subject
PAYMENTS CRISIS
dc.subject
PENALTIES
dc.subject
PENSIONS
dc.subject
PER CAPITA GROWTH
dc.subject
PER CAPITA INCOMES
dc.subject
POINT DECLINE
dc.subject
POLICY MEASURES
dc.subject
POLICY OPTIONS
dc.subject
POLICY REFORMS
dc.subject
POLITICAL COMMITMENT
dc.subject
POLITICAL ECONOMY
dc.subject
POLITICAL ECONOMY OF REFORM
dc.subject
POLITICAL INSTABILITY
dc.subject
POLITICAL INTERFERENCE
dc.subject
POLITICAL LEADERSHIP
dc.subject
POLITICAL PARTIES
dc.subject
POLITICAL STABILITY
dc.subject
POSITIVE EFFECTS
dc.subject
POVERTY RATE
dc.subject
POVERTY RATES
dc.subject
POVERTY REDUCTION
dc.subject
PRIMARY EDUCATION
dc.subject
PRIME MINISTER
dc.subject
PRIVATIZATION
dc.subject
PRO-POOR
dc.subject
PRO-POOR GROWTH
dc.subject
PRODUCTIVITY
dc.subject
PRODUCTIVITY GROWTH
dc.subject
PUBLIC DEBT
dc.subject
PUBLIC INFRASTRUCTURE
dc.subject
PUBLIC INSTITUTIONS
dc.subject
PUBLIC INVESTMENT
dc.subject
PUBLIC POLICY
dc.subject
PUBLIC PROCUREMENT
dc.subject
PUBLIC SECTOR
dc.subject
PUBLIC SECTOR MANAGEMENT
dc.subject
PURCHASING POWER
dc.subject
PURCHASING POWER PARITY
dc.subject
RAPID GROWTH
dc.subject
REAL GDP
dc.subject
REAL INTEREST RATES
dc.subject
REFORM EFFORTS
dc.subject
REGULATORY FRAMEWORK
dc.subject
REGULATORY REGIME
dc.subject
RISING DEMAND
dc.subject
RURAL ACTIVITIES
dc.subject
RURAL AREAS
dc.subject
SAVINGS
dc.subject
SERVICE DELIVERY
dc.subject
SOCIAL OUTCOMES
dc.subject
SOCIAL PROTECTION
dc.subject
SOCIAL SAFETY NETS
dc.subject
STATE BANK OF PAKISTAN
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STATE ENTERPRISES
dc.subject
STRUCTURAL CHANGE
dc.subject
TAX LAWS
dc.subject
TAX REFORM
dc.subject
TAX REVENUES
dc.subject
TAXATION
dc.subject
TECHNICAL ASSISTANCE
dc.subject
TELECOMMUNICATIONS
dc.subject
TOTAL FACTOR PRODUCTIVITY
dc.subject
TOTAL FACTOR PRODUCTIVITY GROWTH
dc.subject
TOTAL OUTPUT
dc.subject
TRADE COMPETITIVENESS
dc.subject
TRADE FLOWS
dc.subject
TRADE LIBERALIZATION
dc.subject
TRADE POLICY
dc.subject
TRADE REFORMS
dc.subject
TRANSPARENCY
dc.subject
UNEMPLOYMENT
dc.subject
UNSKILLED LABOR
dc.subject
URBAN DEVELOPMENT
dc.subject
URBAN SERVICES
dc.subject
VALUATION
dc.subject
VALUE ADDED
dc.subject
WAGES
dc.subject
WEALTH
dc.subject
YOUNG WOMEN
dc.subject
YOUTH
dc.subject
YOUTH DEVELOPMENT
dc.title
Pakistan : Finding the Path to Job-Enhancing Growth
en
okr.date.disclosure
2013-08-20
okr.doctype
Economic & Sector Work :: Country Economic Memorandum
okr.doctype
Economic & Sector Work
okr.docurl
http://documents.worldbank.org/curated/en/2013/08/18124048/pakistan-finding-path-job-enhancing-growth-country-economic-memorandum
okr.globalpractice
Macroeconomics and Fiscal Management
okr.globalpractice
Poverty
okr.globalpractice
Finance and Markets
okr.globalpractice
Governance
okr.googlescholar.linkpresent
yes
okr.identifier.externaldocumentum
000356161_20130820124333
okr.identifier.internaldocumentum
18124048
okr.identifier.report
75521
okr.language.supported
en
okr.pdfurl
http://www-wds.worldbank.org/external/default/WDSContentServer/WDSP/IB/2013/08/20/000356161_20130820124333/Rendered/PDF/755210REVISED00EM0Final0Book0080513.pdf
en
okr.region.administrative
South Asia
okr.region.country
Pakistan
okr.sector
Public Administration, Law, and Justice :: General public administration sector
okr.sector
Education :: General education sector
okr.sector
Finance :: General finance sector
okr.sector
Health and other social services :: Health
okr.sector
Industry and trade :: General industry and trade sector
okr.theme
Economic management :: Analysis of economic growth
okr.theme
Economic management :: Debt management and fiscal sustainability
okr.theme
Economic management :: Macroeconomic management
okr.theme
Public sector governance :: Tax policy and administration
okr.theme
Trade and integration :: Export development and competitiveness
okr.topic
Banks and Banking Reform
okr.topic
Governance :: Governance Indicators
okr.topic
Economic Theory and Research
okr.topic
Finance and Financial Sector Development :: Debt Markets
okr.topic
Poverty Reduction :: Achieving Shared Growth
okr.topic
Macroeconomics and Economic Growth
okr.unit
Econ. Policy & Poverty Sector (SASEP)
okr.volume
1 of 1

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