Explaining Pakistan's high growth performance over the past two decades: Can it be sustained?

In: The Bangladesh development studies: the journal of the Bangladesh Institute of Development Studies, Band 21, Heft 4, S. 1-36

Abstract

At 6 % p.a. Pakistan's growth performance over the past two decades has been very impressive compared with most of the developing world. However, this growth performance has been accompanished by high fiscal and current account deficits, relatively low savings and investment rates, and poor human capital formation. The article examines the factors that explain Pakistan's rapid growth and whether the country can sustain this high growth performance in the next 10-20 years without the disconcerting factors mentioned above. (DÜI-Sen)