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Growth Diagnostics: The Puzzle of Pakistan's Lagging Economic Growth

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  • Khan Shahrukh Rafi

    (Amherst College and Mount Holyoke College)

Abstract

Advocates of growth diagnostics have shown it to be a preferable alternative to other methods of formulating a growth strategy such as cross-country regressions, growth accounting or international benchmarking using cross country surveys. We show that growth diagnostics also suffers from problems and demands a high level of economic sophistication from its practitioners. We suggest a simpler prelude before launching into rigorous analysis and apply this method to address the puzzle of Pakistan's lagging per capita GDP relative to India.

Suggested Citation

  • Khan Shahrukh Rafi, 2011. "Growth Diagnostics: The Puzzle of Pakistan's Lagging Economic Growth," Global Economy Journal, De Gruyter, vol. 11(4), pages 1-19, December.
    • Handle: RePEc:bpj:glecon:v:11:y:2011:i:4:n:8
    DOI: 10.2202/1524-5861.1750
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    References listed on IDEAS

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