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Revitalizing Industrial Growth in Pakistan
Pakistan's population is growing and becoming more urbanized. By 2020, Karachi and Lahore will each have a population of well over 10 million people and several other cities will have a population of at least one million. These trends offer both risks and opportunities. Badly managed urban centers with poor services and slim opportunity for gainful employment could become centers of discontent and social conflict. Alternatively, properly managed and well-connected cities can help firms become more competitive, and with the right set of policies, promote industrialization and life-changing employment opportunities. In order to capitalize on these opportunities, Pakistan will need to take deci...
Investing in Infrastructure
The liberalization policy implemented in the 1970s helped Sri Lanka to achieve middle-incomecountry status in 2010. Sri Lanka is now poised for the next phase of economic growth and productive employment. The two principal drivers of investment for sustained high economic growth are international competitiveness for export-led growth and urbanization. Crucial to both is efficient infrastructure that shortens the international supply chain and brings about agglomeration benefits. Investing in Infrastructure: Harnessing Its Potential for Growth in Sri Lanka has two objectives: - To improve understanding of the infrastructure sectors, including their current state and performance, future develo...
Rural Finance for Growth and Poverty Alleviation
To promote agricultural -- and hence economic -- growth, Pakistan must make more credit available to agricultural smallholders, the rural nonfarm sector, and women. Subsidizing interest rates is not the way to help marginal borrowers. Instead, they can be helped through fixed-cost subsidies and self-selected targeting. Pakistan's rural sector accounts for more than 70 percent of employment, and roughly two-thirds of rural employment is in agriculture. Less than a third of rural households get loans, only 10 percent of which are from institutional sources. Pakistan's credit institutions are not helping the country accelerate agricultural growth and reduce poverty. To improve performance in th...
Building Competitive Firms
Printed on Demand. Limited stock is held for this title. If you would like to order 30 copies or more please contact books@worldbank.org Contact books@worldbank.org, if currently unavailable. Building Competitive Firms: Incentives and Capabilities explains how firms become competitive in language suitable for both technical and non-technical readers. A simple analytical framework integrates elements such as competition policy, corporate governance, foreign direct investment, innovation readiness, intellectual property rights, e-commerce and supply chain management. These 'behind-the-border' elements are pivotal to shaping the investment climate in any country and enhancing the benefits of trade liberalization. Each of these themes is discussed in detail with a focus on policy design and international best practice in implementation.
Revitalizing Industrial Growth in Pakistan
Pakistans development efforts are guided by its 2011 Framework for Economic Growth, which identifies actions needed to create a prosperous, industrialized Pakistan through rapid and sustainable development. Industrialization has the potential to drive Pakistans economic growth and contribute significantly to meeting both economic and human development goals in Pakistan. Expansions of industrialization activities, whether in highly developed or developing countries, can be stimuli for intense debate about such projects benefits and costs to the region in which they are to be located, to the national economyand to human health and the environment. Pakistans 2011 Framework for Economic Growth r...
Back from the Brink
Although the financial sector was the epicentre of Thailand's economic crisis in 1997, the corporate sector, small-scale manufacturers, wage earners, and other vulnerable groups also felt the effects. There was a widespread loss of confidence that threatened to undo the prosperity of several decades of hard work. This book provides and analysis of the crisis and the struggle to find a solution, examining the key events and the resulting policy measures.
