Investment in Pakistan: A Critical Review
Muhammad Zakaria
MPRA Paper from University Library of Munich, Germany
Abstract:
The paper critically evaluates investment climate in Pakistan. It covers incentives given by the government to domestic and foreign investors. Special emphasis is placed on identifying the barriers that discourage investment in Pakistan. Major impediments include high doing business cost, political instability, corruption, government bureaucracy, inconsistent government policies, and poor law and order situation. The paper also highlights some international best practice solutions to encourage investment in the country. Pakistan should attach short-term priority to attracting investment to foreign exchange earning sector or at least both the foreign exchange earning sector and other sectors simultaneously.
Keywords: Growth; Foreign Investment; Portfolio Investment (search for similar items in EconPapers)
JEL-codes: E22 F21 H54 (search for similar items in EconPapers)
Date: 2008-11-12
New Economics Papers: this item is included in nep-cwa and nep-mac
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:11543
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