Faculty / School
Faculty of Business Administration (FBA)
Was this content written or created while at IBA?
Yes
Document Type
Conference Paper
Publication Date
5-20-2014
Conference Name
seminar organized by the French Institute of International Relations (IFRI)
Conference Location
Paris
Conference Dates
May 20, 2014
First Page
1
Last Page
7
Keywords
Economy, Socioeconomic situation, Economic policy continuity, Foreign direct investment (FDI), Political economy of Pakistan
Abstract / Description
Pakistan is among one of the few developing countries that have achieved an average annual growth rate of 5 percent over a six decade period. Until 2007/2008, Pakistan was the third fastest growing country after China and India. But his fact remains unknown to the international community, at large. Foreign investors brought in as much as US$ 8 billion of their own money that year to invest in Telecommunication, Financial Services, Oil and Gas Sectors. Pakistan enjoyed a higher FDI/GDP ratio than its larger neighbor India, until recently. It is equally true that Pakistan has lagged behind other Asian countries and has not fully realized its potential.
Recommended Citation
Husain, I. (2014). The evolution of Pakistan's socio economic situation., 1-7. Retrieved from https://ir.iba.edu.pk/faculty-research-series/176