Competitiveness and Pakistan: A Dangerous, Distorting, and Dead-End Obsession?
AbstractCompetitiveness has become a mantra and organizing framework for much government policymaking in Pakistan and beyond. Rarely does anyone question the concept and use of the competitiveness paradigm itself. Krugman (1994) argues that this ”obsession with competitiveness is both wrong and dangerous.” This article draws from Krugman’s work and examines the use (or abuse) of the concept of competitiveness in the context of contemporary Pakistan. We focus on three recent and influential reports on competitiveness in Pakistan by the Asian Development Bank, World Bank, and Competitiveness Support Fund, and agree with Krugman’s negative view.
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Bibliographic InfoArticle provided by Department of Economics, The Lahore School of Economics in its journal Lahore Journal of Economics.
Volume (Year): 17 (2012)
Issue (Month): Special Edition (September)
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Competitiveness; policy; Pakistan.;
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- E60 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - General
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