April 16, 2016
Pakistan economy grows in spurts. Pakistan has a young population is that needs employment.
"Given the youth bulge that Paksitan is going through till 2050, the economy needs to at a sustained rate of 8% per annum for the next 30 years" Framework of Economic Growth of the Plannign Commission 2011.
Questions discussed are:
What can we learn from the growth experience of the world?
The importance of the software of growth--institutions and what institutions are?
what is the the geography of growth
The preoccupation fo our rulers with "hardware"--projects and aid.
Anjum and Nadeem Discuss many aspects of growth policy and literature while also discussing why Paksitan does not attained the required sustained growth.
An important subject to which we will return again and again.