Sharma, Siddharth2019-03-152019-03-152019-03https://hdl.handle.net/10986/31410This policy note was prepared in parallel to the report Pakistan at 100 - Shaping the Future. The report Pakistan at 100 discusses options to accelerate and sustain growth in Pakistan so that the country becomes an upper middle-income country when it turns hundred years old in 2047. This policy note discusses Pakistan’s slow transformation and the need to reallocate resources to the most productive uses.CC BY 3.0 IGOSMALL AND MEDIUM ENTERPRISESBUSINESS ENVIRONMENTRESOURCE ALLOCATIONSTRUCTURAL TRANSFORMATIONWATER AND POWER DEVELOPMENT AUTHORITYSECTORAL REALLOCATIONPRODUCTIVITYEXPORT COMPETITIVENESSEXPORT-LED MANUFACTURINGINFORMATION TECHNOLOGY SERVICESMARKET DISTORTIONSGOVERNANCEMARKET FAILUREPolicy NoteWorld Bank10.1596/31410