At the time of independence in 1947, there were no pharmaceutical firms in Pakistan. Today, the country boasts more than 700 pharmaceutical manufacturing units. In fact, QuintileIMS in its latest quarterly report1puts the ‘Active Manufacturers’ at 759, up from a total of 304 in 1999.However, official sources dispute this figure, contending that there are no more than 650 licensed manufacturers in Pakistani pharmaceutical industry.

This indicates a wide gulf between industry and the government that is characteristic of the pharmaceutical landscape in Pakistan. Taking the QuintileIMS figure as a reference point, only 27 are Multi-NationalCorporations (MNCs) while Pakistani firms account for 645 of the total 3. The generally accepted figure of MNCs, though, is 17 or 184, down from 40 or more in the 1990s.

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To read the full report, click here: Annual Report on the pharmaceuticals industry of Pakistan 2017

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The goal of this report is to study the structure, services and challenges of the low-cost private schools in Khyber Pakhtunkhwa. The study aims to: (a) Analyze existing coverage
and spread of low cost private schools in KP; (b) Map existing market structure, competition scenario and potential for growth; and (c) Examine incentives and motivation of existing and prospective service providers for setting up, sustaining and scaling up schools to facilitate increase in enrolment.

Literature cited indicates that during the last few decades, there has been a sharp growth in the number of private schools across Pakistan. A major contributor to this growth has remained the inability of the public sector to meet the increasing demand as well as to offer quality education. According to government statistics and some studies almost 33 to 50 percent of students in Pakistan are currently enrolled in private schools. [Continued]

To read the full report, click here: STUDY ON LOW COST PRIVATE SCHOOL SECTOR IN KPK

For media inquiries, contact saad@primeinstitute.org.

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.

[Continued]

To read the full report, click here:

BUSINESS WITHIN BOUNDARIES – ECONOMIC ZONES

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China-Pakistan Economic Corridor (CPEC) turns one year this month. Since its signing in
April 2015, different politicians, policy analysts, and businessmen have termed it as a “game changer” for Pakistan. This is not hard to realize since CPEC is not only expected to revamp the ailing infrastructure of Pakistan, but will also help in reducing the energy crisis through its energy projects. These energy projects constitute 76 percent of the total CPEC investment.

In terms of development, CPEC will bring about significant improvement in some of the
most underdeveloped districts in Pakistan, mainly in Balochistan, KPK, southern Punjab,
and northern Sindh. This will be achieved by connecting such districts through networks of roads to the main cities, which are the hubs of development. CPEC projects will also increase employment opportunities for unskilled workers of these areas in particular.

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To read the full report, click here: China Pakistan Economic Corridor Mapping Business Opportunities 

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As work on the China-Pakistan Economic Corridor (CPEC) enters its third year, things are beginning to take shape. A number of projects have been delivered, some have been dropped altogether, and quite a few are being added to the Early Harvest category. Meanwhile, new project proposals are being pitched every day for their inclusion in CPEC. Now that the general elections are approaching, as per expectations budgetary allocations for such projects have increased. Inauguration ceremonies of infrastructure projects are going to become much more common, as the year progresses.

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To read the full report, click here: CPEC Monitor

For media inquiries, contact saad@primeinstitution.org

This paper is a study to understand the degree of responsiveness of electricity users to the tariff rates in Pakistan, particularly the residential electricity consumers in Islamabad. For this purpose the electricity distribution company IESCO is considered. Price elasticities are examined for the period 2010-2014 to find out the effect of price revisions on consumption.

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To read the full report, click here: Electricity demand vs Electricity Tariff Report

For media inquiries, contact saad@primeinstitute.org

The persistence of a low tax to GDP ratio has been frequently mentioned as a key reason
underlying an unimpressive development trajectory; successive governments in Pakistan, both elected and militarily appointed, have struggled to gain the fiscal space necessary to drive inclusive and durable economic growth. . Though a number of remedial measures are suggested in the literature, these tend to operate on the assumption that the issue in Pakistan is one of under-taxation, rather than over-taxation. This paper will argue the focus of tax reform in Pakistan has disproportionately fallen on the former, rather than the latter.

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To read the full report, click here: Getting over under taxation 

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Import related Statutory Regulatory Orders (SROs) issued by the Federal Board of Revenue decrease the efficiency of the markets by tending the market players to play in line with the SROs issued instead of the actual market prices. The ability of FBR to make changes in the custom tariff lines through SRO, empower them to deal with the vested interests of many entities. The beneficiaries of SROs are then enabled to ‘extract rents’ and earn extra large profits without having need to produce and compete effectively in the market. Moreover, in such an environment, investors are reluctant to respond well hence the whole market is then shifted to the chosen ones.

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To read the full report, click here: How intimately SROs and Development in the textile sector 

For media inquiries, contact saad@primeinstitute.org

Women have legal claim and right on the property of husband, father, brothers and other
relation. But in practice these rights are denied to women on different pretexts especially due to their weaker social status. In 2008, government initiated Benazir Income Support Fund Program; which targeted extremely poor women in Pakistan aimed to bring a socioeconomic change in their status. This report focuses on the role of Benazir Income Support Fund Program and its impact on women’s property rights and the socio-economic and psychic influences on women. This study aims to specifically explore the role of Computerized National Identity Card (CNIC) in securing women’s rights to property as only CNIC holder women are eligible to apply for assistance.

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To read more, click here: Role of CNIC

For media inquiries, contact saad@primeinstitute.org

There is little doubt that economic growth and energy consumption go hand in hand. Accordingly, the highest per capita consumption of electricity is found in the countries that have the highest per capita income. 1 There is considerable evidence to suggest that, of the various variables that are part of the growth of a nation’s economy, power consumption plays a critical role. 2 Further disaggregation by source confirms electricity to be the most vital component of this positive correlation between economic growth and energy consumption. The demand for electricity usually out paces growth, and is followed by other sources in the energy mix (coal, natural gas, petroleum, etc).3 The strength of this relationship, though, varies from country to country. Above all, it is dependent upon the structure of production that is prevalent in an economy.

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To read more, click here: State led pilferage the case of electricity of provision in Pakistan

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Pakistan’s forests have been degenerated at the world’s highest rate. In its efforts for afforestation and conservation, Pakistani state has done a range of experiments from complete control to community participation to farmers’ cooperatives. It has continued to view forest with a timber-lens consistent with colonial legacy whereas it has not achieved its objectives of conservation. This paper considers the efforts of Pakistani state largely inconsequential and somewhat counterproductive. The paper makes the case of liberty in jungles based on private property rights, free trade of timber and market-friendly policies.

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To read more, click here: The Footprints of Leviathan Dwindling Forests of Pakistan

For media inquiries, contact saad@primeinstitute.org