Promoting Domestic Commerce For Sustainable Pro Poor Growth (English)

PIDE Policy Viewpoint 01:2006
Publication Year : 2006

To frame the issue, two characteristics of Pakistan should be noted. First, Pakistan has a very large market of 160 million people. For decades, this fact has been ignored in policy because of the focus on production and exports.1 Second, a large and growing population has now produced a huge youth bulge in the population which will work itself out for much of this century: 50 percent of the population is “under 20”.2 Progress of the spread of education has been slow, leaving this bulge largely unskilled, and hence with limited employment possibilities.

PIDE Policy Viewpoint 01:2006