Publisher's Synopsis
This book aims to enhance understanding of the academia, policymakers, and general readers about the development challenges and constraints on long-term economic growth of Pakistan. 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.
