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Pakistan’s Quest for a New Growth Vent: Lessons from History

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Author Info

  • Ijaz Nabi

    ()
    (Visiting Professor, Lahore University of Management Sciences and Country Director of the International Growth Centre, Pakistan.)

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    Abstract

    This article argues that a new growth vent in Pakistan requires tapping into external lucrative markets in a manner that will create multiple entre-ports for growth. Such a growth vent will enable the country to achieve a sustained growth path that is not as susceptible to the political vicissitudes of one mega-growth node. This will be good for regional equity within the country and will also bring new energy to the Indus Basin market. Sustained welfare improvements in this type of regional hub can occur when it transitions from being a transportation hub for goods and energy into a manufacturing hub that creates high-productivity, high-wage jobs in multiple regional growth nodes.

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    File URL: http://121.52.153.179/JOURNAL/LJE_Vol_17-SE_PDF/10%20Ijaz%20Nabi%20ED%20AAC%2001102012.pdf
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    Bibliographic Info

    Article 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)
    Pages: 243-269

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    Handle: RePEc:lje:journl:v:17:y:2012:i:sp:p:243-269

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    Related research

    Keywords: Regional hub; trade; GDP; Pakistan;

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    1. Mohsin S. Khan, 2009. "India-Pakistan Trade: A Roadmap for Enhancing Economic Relations," Policy Briefs PB09-15, Peterson Institute for International Economics.
    2. Naved Hamid & Wouter Tims, 1990. "Agricultural Growth and Economic Development: The Case of Pakistan," OECD Development Centre Working Papers 13, OECD Publishing.
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