Pakistan’s Quest for a New Growth Vent: Lessons from History
AbstractThis 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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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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Web page: http://www.lahoreschoolofeconomics.edu.pk/EconomicsJournal/LJEIntro.aspx
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Regional hub; trade; GDP; Pakistan;
Find related papers by JEL classification:
- F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Mohsin S. Khan, 2009. "India-Pakistan Trade: A Roadmap for Enhancing Economic Relations," Policy Briefs PB09-15, Peterson Institute for International Economics.
- 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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