Du, "Last Five Years Pakistan Economic Growth Rate ( GDP ) And Its Comparison With China , India And Bangladesh," Int. J. Sci. Technol. Res. Vol., vol. 4, no. 1, pp. 2011-2014, 2015.Rehman A, Jingdong L, Du Y (2015). Last Five Years Pakistan Economic Growth Rate (GDP) ...
Pakistan’s GDP growth has gradually increased since 2012, and was 5.3% in 2017. Official unemployment was 6% in 2017, but this fails to capture the true picture, because much of the economy is informal and underemployment remains high. Human development continues to lag behind most of the ...
Productivity increases do not guarantee these improvements, but without them - and the economic growth they bring - improvements are highly unlikely. GDP per person employed is a key measure to monitor whether a country is on track to achieve the Sustainable Development Goal of promoting sustained,...
All the serious challenges Pakistan's GDP is facing today like very wide budget and trade deficits, galloping inflation, increase in the level of poverty, power outages, water shortages, closure of industries, food insecurity, etc, has diverted our attention from realizing the very serious ...
While regression shows that if energy consumption increases by 1 kilo ton of oil equivalent, the GDP will increase by $2.517 million. These results identify how important energy consumption is for the economic growth of Pakistan. Government of Pakistan should focus on utilization of energy resources...
This study attempts to look into the causal relationship between oil consumption and economic growth in Pakistan where oil consumption and real gross domestic product (GDP) have increased rapidly in recent years. To this end, the study employs annual data covering the period 1965–2015. Tests for...
This study addresses the research question of how renewable and non-renewable energy consumption (EC) affects economic growth (GDP) in Pakistan over a period of 1972-2015. The study extends the basic production function having labor and capital as the mainstream variables by adding major energy so...
It is estimated that the cash inflow under CPEC will more than equal all the foreign direct investment (FDI) that has come into Pakistan since 1970, an amount that is forecast to equal nearly 17% of the GDP. Figure 4.1: Areas in which CPEC job creation 2015–17 CPEC Job creation ...
Standard and Poor’s in May revised the country’s credit rating outlook from stable to positive and forecast higher GDP growth for 2015 to 2017.
OutdatedGDP base yeardata: Many countries use outdated base years for their GDP calculations, leading to an underestimation of economic growth. Pakistan uses a 8 year old GDP base year. By adjusting for these factors where required, World Economics provides a more accurate picture of Pakistan's ...