This study is based on a survey of 100 small scale enterprises based in Sharaqpur, a small town near Lahore. The study aims at understanding the dynamics of small scale entrepreneurs as they interact with with the government on their path of survival and growth. The study provides an inventory of workable recommendations requiring changes in the laws, regulations, and attitude that these industrious entrepreneurs face on daily basis.
The index published in Economic Freedom of the World measures the degree to which the policies and institutions of countries are supportive of economic freedom. The cornerstones of economic freedom are personal choice, voluntary exchange, freedom to compete, and security of privately owned property. Forty-two variables are used to construct a summary index and to measure the degree of economic freedom in five broad areas:
Export Development Fund (EDF) was formally established through an Act namely ‘Export Development Fund Act 1999’ with the purpose to strengthen and develop infrastructure for promotion of exports through Export Development Surcharge (EDS). In 2005 an amendment came, which provides that Federal Government is required to collect 0.25 per cent of export receipts and transfer to EDF maintained by Ministry of Commerce in the following year. During 2012-13, the Finance Division released an amount of Rs. 452.619 million, equivalent to only 30 per cent of EDS collected. The total short provision since amendment in the Act in 2005 i.e., from 2006-07 to 2013-14, has accumulated to approximately 19 billion rupees.
This study empirically analyses the impact of trade liberalization on economic prosperity in selected SAARC countries. To probe the nature of relationships between trade liberalization and economic prosperity especially in less develop countries, research carried out across five SAARC member countries i.e. Pakistan, India, Nepal, Bangladesh and Sri Lanka. The study demonstrate that trade liberalization is conducive for economic prosperity in selected SAARC countries.
This report “China Pakistan Economic Corridor: A Primer” brings together, for the first time in Pakistan, facts, policies, perceptions and implementation status at one place about the most important business deal for the country. The report provides a broad overview of economic significance of economic corridors, identifies parameters of their success, highlights salient features of the institutional and legal framework that governs CPEC, identifies business opportunities alongside the route, highlights concerns from Pakistan’s private sector, updates on the implementation status of CPEC and suggests next steps.
The study reviews the performance of electricity utility companies in Pakistan by comparing the state owned companies (PESCO & IESCO) with the privately managed Karachi Electric. Using the benchmarks of governance, operational management, financial performance and commercial management, the report develops a scorecard to track the performance of DISCOs and indicates factors which have led to the turnaround of KE after its privatisation. The report is beneficial for the analysts of power sector as well as decision makers.
This research report brings forth facts about the importance of Economic Zones (EZs) and discusses the factors that led to their success. EZs have seen a tremendous growth in numbers since 1970’s, and they are now the preferred mode of industrial clustering, especially in the form of Special Economic Zones (SEZ). This has come about due to various advantages that they tend to confer in terms of industrial development. For example, they offer economies of scale in production and costs, act as incubators for new technological developments, spur new research and tend to have positive spillover effects. In the long term, factors like continued coordination and links with research organizations and academia help sustain and improve the performance of EZs.
This study looks at an important, but often neglected, aspect of socioeconomic activity. The need to have a shelter of one’s own is a fundamental right, and this study analyzes the important issues surrounding it.
The real estate market and allied construction industries have a pivotal role in economic development and jobs creation. However, the potential role of the real estate sector has been constrained by informal markets, lack of formal capital, and fiscal disincentives. This report suggests some policy, regulatory and fiscal measures to facilitate a more effective role of the real estate sector in economic development, employment generation and industrial growth by bringing in the in the formal market.
This report argues that the real estate market and allied construction industries have a pivotal role in economic development and jobs creation. Together, they constituted 9.2 percent of GDP, and created 3.85 million jobs in 2014-15. However, the potential role of the real estate sector has been constrained by informal markets, lack of formal capital, and fiscal disincentives. In order to encourage formal market to invest in the real estate, the Securities & Exchange Commission of Pakistan issued Real Estate Investment Trust (REIT) regulations in 2008, which were revised in 2015. However, these regulations have not helped in sectoral development. In last seven years, only one REIT scheme has been launched.