The IGC programme supports the federal and provincial governments and civil society through its analytical policy work on the themes of macroeconomic growth, firm capabilities, state capabilities, and urbanisation.

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Turning to the pharmaceutical sector for enhancing India-Pakistan trade

Various efforts have been made to normalise trade relations between India and Pakistan in the past few years; yet, several barriers remain. This column examines the trade potential in pharmaceuticals – a fast growing sector in world trade – between the two countries. It finds that there is huge, untapped potential in Indo-Pak pharmaceuticals trade, and suggests policy measures to propel trade and investment in the sector.


Management Practices in Manufacturing

Recent literature has documented surprising differences in firm-level performance between and within developing and more developed countries (Syverson 2011, Hsieh and Klenow 2009, Joner and Romer 2010). Poor management practices are likely an important factor behind the lower levels of development in Asia, Africa and Latin America, hampering the manufacturing sector’s ability to innovate, exploit new technologies and react to the challenges and opportunities of globalization.


Reclaiming Prosperity in Khyber-Pakhtunkhwa: A Medium Term Strategy for Inclusive Growth

The citizens of Khyber Pakhtunkhwa (KP) have suffered a series of external shocks over an extended period of time that has eroded living standards. These include the fall-out from over three decades of the Afghan conflict, spill-over of the militancy in FATA, devastation caused by the 2005 earthquake, internal displacement of 3 million people following the conflict in Swat in 2009, and the damage inflicted by unprecedented floods in 2010.

Understanding Productivity in the Pakistani Garment Sector: Comparisons with Bangladesh Pilot Project

Textiles account for over half of Pakistan’s exports, with knitted and sewn products more than half of the textile exports. Data from the Ministry of Commerce indicate that exports of RMG and knitwear products increased by 12% and 6%, respectively, between FY 2012 and FY 2013.


From Cities to States: Jonathan Leape in LSEConnect

Jonathan Leape, Executive Director of the International Growth Centre, speaks to LSE Connect and explains the four research themes which will help power development across the world. 
To read the article, click here

A Model for Monetary Policy Analysis in Pakistan: The Role of Foreign Exchange and Credit Markets

The IGC has supported an ongoing program to develop and use a Dynamic Stochastic General Equilibrium (DSGE) model for monetary policy analysis in Pakistan. Previous projects have designed a DSGE model suitable for Pakistan, used it to examine important monetary policy issues, and made the model ready for operation at the State Bank of Pakistan (SBP). The present project undertakes important extensions of the model to explore the role of foreign exchange and credit markets in determining the macroeconomic effects of monetary policy.

Non-Tariff Barriers and Pakistan’s Regional Trade: A Legal and Economic Analysis of Non-Tariff Barriers in Pakistan, India, China, and Sri Lanka

Pakistan, China, India, and Sri Lanka are developing countries with large labor forces and consumer bases. The countries are neighbors, so that transportation costs and cultural barriers to trade are low. Free trade among these countries would allow consumers to get the best products and services at the least cost. However, both economic and non-economic factors have caused these states to close their economies to varying degrees.


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