This paper examines the extent to which Pakistan's growth has been, or is likely to be, limited or constrained by its … and supply-oriented approaches to economic growth. Evidence presented suggests that Pakistan's maximum growth rate … prescriptions for Pakistan's development policy. Real exchange rate depreciations will not lead to an improvement of the current …

the turnaround in Pakistan''s external current account during this period; (2) while Pakistan''s growth was mainly export … investment; and (3) the structural reforms implemented in Pakistan during the past four years should make the observed …