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Pakistan’s economy is known for its volatile ‘boom-and-bust’ framework. When it experiences bouts of growth and stability, trade and industrialisation imbalances force it two steps backwards, trapping it in a cycle that relies on imports to sustain Pakistan in an increasingly polarising and unpredictable global context. In this episode, Usman Khan and Hamed Yaqoob Sheikh talk about trade solutions ranging from tariff reforms, non-tariffs and locally-based solutions, export-oriented growth, and diversification of the textile industry. They discuss how Pakistan's industrialisation should be supported by Governmental bodies and relevant stakeholders to ensure its long-term economic security and success.
By Consortium for Development Policy ResearchPakistan’s economy is known for its volatile ‘boom-and-bust’ framework. When it experiences bouts of growth and stability, trade and industrialisation imbalances force it two steps backwards, trapping it in a cycle that relies on imports to sustain Pakistan in an increasingly polarising and unpredictable global context. In this episode, Usman Khan and Hamed Yaqoob Sheikh talk about trade solutions ranging from tariff reforms, non-tariffs and locally-based solutions, export-oriented growth, and diversification of the textile industry. They discuss how Pakistan's industrialisation should be supported by Governmental bodies and relevant stakeholders to ensure its long-term economic security and success.