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Why Do We Have Less Investment Than China and India?

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  • Hafsa Hina

    (Pakistan Institute of Development Economics)

Abstract

Pakistan has experienced macroeconomic instability since the early seventies. Because of the country�s persistent macroeconomic uncertainty, savings and private investment have been discouraged, resulting in low aggregate investment and volatile output levels. It has one of the lowest investment-to-GDP ratios that is 15 percent, about half of the South Asian average of 30 percent. Here we will review the evidence from Pakistan to inform policymaking and local research about.

Suggested Citation

  • Hafsa Hina, 2021. "Why Do We Have Less Investment Than China and India?," PIDE Knowledge Brief 2021:36, Pakistan Institute of Development Economics.
    • Handle: RePEc:pid:kbrief:2021:36
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    References listed on IDEAS

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    Keywords

    Public Investment; Foreign Direct Investment; Saving;
    All these keywords.

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