From Boom to Bust: 3 Graphs of Interest

 May 26, 2024

How things were going for Pakistan during the period 1960 thru 1991 (30 years). And what happened over the next 30 years (1991 thru 2022). 3 graphs below–out of the several published in a recent article in Dawn, give a composite perspective of the past sustainable development trends and the present stagnation:

There was sustained growth of almost six per cent during the period 1961-1991.
During the period 1960-1991, Pakistan was exporting twice as much as India or Bangladesh, relative to the size of the economy.
Failure to save: Pakistan’s poor performance on savings is one of the clearest markers of a long-standing crisis: we have underinvested in our future for nearly two generations now.

More here.

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