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Trying to break down economic data on Pakistan into bite-sized digestible pieces. Sign up for our newsletter with the link below!
Jul 25, 2020 9 tweets 8 min read
Let’s dive into #manufacturing and understand how #Pakistan has lagged its #Asian peers in #industrialization, how stagnant growth turned to a decline even #precovid and how #financing has been unable to encourage #investments in the sector macropakistani.com/2020/07/manufa… (1/n) #Industrial value add per worker in Pakistan has seen minor improvements in the last 25 years. While it changed by 12% for Pak, it changed by 512% for #China. Unfair comparison so not even on the chart but #India has doubled its #Productivity too… (2/n) Image
Jul 14, 2020 9 tweets 4 min read
Deep dive into #investments and learn how wages have increased in #Pakistan despite #productivity lagging behind, private savings continue to contract leading to lower investment and why not all #FDI is good for #NayaPakistan macropakistani.com/2020/06/saving… (1/n) ~60% Pakistanis rely on wages/salaries for income w/ slight differences across quintiles. While housing takes up a significant chunk of private consumption, the rich are biggest benefactors of that expenditure, deriving 18% of their income from property. (2/n)