Revitalizing Industrial Growth in Pakistan : Trade, Infrastructure, and Environmental Performance
Pakistan s population is growing and becoming more urbanized. By 2020, Karachi and Lahore will each have a population of well over 10 million people and several other cities will have a population of at least one million. These trends offer both ri...
Main Authors: | , , , , , , |
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Format: | Working Paper |
Language: | English en_US |
Published: |
Washington, DC: World Bank Group
2014
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Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2014/01/19887507/revitalizing-industrial-growth-pakistan-trade-infrastructure-environmental-performance http://hdl.handle.net/10986/19022 |
Summary: | Pakistan s population is growing and
becoming more urbanized. By 2020, Karachi and Lahore will
each have a population of well over 10 million people and
several other cities will have a population of at least one
million. These trends offer both risks and opportunities.
Badly managed urban centers with poor services and slim
opportunity for gainful employment could become centers of
discontent and social conflict. Alternatively, properly
managed and well-connected cities can help firms become more
competitive, and with the right set of policies, promote
industrialization and life-changing employment
opportunities. In order to capitalize on these
opportunities, Pakistan will need to take decisive steps to
deepen the pool of skills, strengthen the commercial
environment, upgrade infrastructure, diversify production,
and climb up the technology ladder. Revitalizing Industrial
Growth in Pakistan: Trade, Infrastructure, and Environmental
Performance addresses ways in which Pakistan can revitalize
its manufacturing by reducing the cost of doing business,
improving the investment climate, and strengthening
institutions to facilitate the flow of people, goods, and
ideas and thus stimulate medium-term growth and job
creation. Such revitalization is sorely needed to place the
country on a sustained path of high economic growth. The
authors lay out priorities and strategies for greening
Pakistan s industrial growth and provide a comprehensive
analysis of issues in the debate on this strategy. They
examine the ways in which Pakistan can encourage and assist
its private sector to fill the void in low-skilled
labor-intensive manufacturing left by other economies and do
so while creating and distributing new wealth. To increase
the chances of success, appropriate actions will need to
come from different actors in government, the private
sector, and civil society. This book will be of interest to
government officials and academic researchers working in the
fields of industry, the environment, and energy, as well as
to the general public. |
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