From player to enabler
Publication Year : 2021
Explore More : PIDE in Press
To provide employment to the increasing labour force entering the market and to sustain the country’s high level of debt, Pakistan’s economy must grow at a rate of 7-9 percent for decades to come, argues PIDE’s Reform Agenda for Accelerated and Sustained Growth. Across the globe and across time, the role of the government in the economy has varied from passive to active to enabling. In Pakistan, the government seems to be playing an active role in the economy. This is visible in three forms. One, owning and running business ventures called state-owned enterprises. Two,through the constraining regulations. And three, by fixing prices of a host of goods. We take up all three.
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