Pro-business and pro-market reforms in Pakistan: economic growth and stagnation 1950–51 to 2011–12
This paper uses a new method to analyse the causes of growth and stagnation in Pakistan between 1950–51 and 2011–12. It provides support for the argument that pro-business reforms have been an important driver of Pakistan's economic growth. This result holds across two episodes of growth and on...
| Main Authors: | , |
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| Format: | Journal article |
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Routledge
2017
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| _version_ | 1797095232753369088 |
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| author | McCartney, M Kite, G |
| author_facet | McCartney, M Kite, G |
| author_sort | McCartney, M |
| collection | OXFORD |
| description | This paper uses a new method to analyse the causes of growth and stagnation in Pakistan between 1950–51 and 2011–12. It provides support for the argument that pro-business reforms have been an important driver of Pakistan's economic growth. This result holds across two episodes of growth and one episode of stagnation. These findings lead to a clear policy implication: if Pakistan is to return to fast growth, policy needs to move away from pro-market reforms, learn these lessons of history, and promote the profitability of business to incentivise private investment and so boost economic growth. |
| first_indexed | 2024-03-07T04:24:55Z |
| format | Journal article |
| id | oxford-uuid:cc4aa2c1-953c-4b4c-821a-64b2ed917014 |
| institution | University of Oxford |
| last_indexed | 2024-03-07T04:24:55Z |
| publishDate | 2017 |
| publisher | Routledge |
| record_format | dspace |
| spelling | oxford-uuid:cc4aa2c1-953c-4b4c-821a-64b2ed9170142022-03-27T07:20:47ZPro-business and pro-market reforms in Pakistan: economic growth and stagnation 1950–51 to 2011–12Journal articlehttp://purl.org/coar/resource_type/c_dcae04bcuuid:cc4aa2c1-953c-4b4c-821a-64b2ed917014Symplectic Elements at OxfordRoutledge2017McCartney, MKite, GThis paper uses a new method to analyse the causes of growth and stagnation in Pakistan between 1950–51 and 2011–12. It provides support for the argument that pro-business reforms have been an important driver of Pakistan's economic growth. This result holds across two episodes of growth and one episode of stagnation. These findings lead to a clear policy implication: if Pakistan is to return to fast growth, policy needs to move away from pro-market reforms, learn these lessons of history, and promote the profitability of business to incentivise private investment and so boost economic growth. |
| spellingShingle | McCartney, M Kite, G Pro-business and pro-market reforms in Pakistan: economic growth and stagnation 1950–51 to 2011–12 |
| title | Pro-business and pro-market reforms in Pakistan: economic growth and stagnation 1950–51 to 2011–12 |
| title_full | Pro-business and pro-market reforms in Pakistan: economic growth and stagnation 1950–51 to 2011–12 |
| title_fullStr | Pro-business and pro-market reforms in Pakistan: economic growth and stagnation 1950–51 to 2011–12 |
| title_full_unstemmed | Pro-business and pro-market reforms in Pakistan: economic growth and stagnation 1950–51 to 2011–12 |
| title_short | Pro-business and pro-market reforms in Pakistan: economic growth and stagnation 1950–51 to 2011–12 |
| title_sort | pro business and pro market reforms in pakistan economic growth and stagnation 1950 51 to 2011 12 |
| work_keys_str_mv | AT mccartneym probusinessandpromarketreformsinpakistaneconomicgrowthandstagnation195051to201112 AT kiteg probusinessandpromarketreformsinpakistaneconomicgrowthandstagnation195051to201112 |