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Growth Diagnostics: The Puzzle of Pakistan's Lagging Economic Growth
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Shahrukh Rafi Khan
Published/Copyright:
December 27, 2011
Advocates of growth diagnostics have shown it to be a preferable alternative to other methods of formulating a growth strategy such as cross-country regressions, growth accounting or international benchmarking using cross country surveys. We show that growth diagnostics also suffers from problems and demands a high level of economic sophistication from its practitioners. We suggest a simpler prelude before launching into rigorous analysis and apply this method to address the puzzle of Pakistans lagging per capita GDP relative to India.
Published Online: 2011-12-27
©2012 Walter de Gruyter GmbH & Co. KG, Berlin/Boston
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- How do International Financial Flows to Developing Countries Respond to Natural Disasters?
- The Impact of the Movement of Labour: Results from a Model of Bilateral Migration Flows
- The Impact of Chinese Purchases of U.S. Government Debt on the Treasury Yield Curve
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