Development Challenges of Pakistan

   This book aims to enhance understanding of the academia, policymakers, and general readers about the development challenges of Pakistan. Why Pakistan is unable to put itself on the trajectory of long-term sustainable growth? The book in hand is an attempt to analyze and answer the posed question. It offers policy prescriptions, based on relevant empirical studies and data analysis, for overcoming such constraints. The book's content is also relevant to other developing countries, particularly of South Asian region, as comparative data of a number of countries has been analyzed on various development themes and issues. Besides emphasizing the centrality of equitable economic growth and human resource development, themes like culture of growth, rising inequalities, misallocation of land and talent, developmental bureaucracy, judicial system, rent-seeking, social capital, fiscal capacities, and militancy etc. also find detailed exposition while exploring intimate causal connections of the said variables with economic growth. Empirical studies, mostly conducted in the context of developing countries, have been discussed to support propositions and recommend solutions for economic growth and development. The book is not about the short-term solutions and does not provide any magic wand for the economic woes of Pakistan in the short-run. It rather takes a longer and broader view on economic growth and development. Its aim is to initiate a debate in the economic and policy circles. The insights and empirics are predominantly derived from the disciplines of economics and development literature. The book, however, adopts multi-disciplinary approach and derives insights from political economy and political science besides relying on historical documents and academic reports.