Paradigm Shift is an official staff account.
Is Pakistan stuck in a cycle of booms and busts? If you look back over the past five decades, Pakistan has been stuck in a cycle of non-sustainable growth, with declining productivity and stagnant investment. The poor performance of the export sector and missed opportunities for trade integration are also contributing to the long-term productivity slump.
The video breaks down the key factors of the economic crisis, hindering its long-term growth, including low productivity, high consumption, and weak exports. We discuss Pakistan’s economic challenges and the critical factors affecting its sustainable growth. But fear not! We also explore proven solutions like boosting agricultural yields, revitalising the industrial sector, and upgrading the services sector.
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