Firms

 

Innovation in the Textile Sector of Pakistan

Waqar Wadho M. and Azam Chaudhry

The process of innovation is associated with benefits to the economy in several ways: job creation, diversification in industrial composition, and increase in incomes owing to new products and production processes. However, our understanding of innovation and its economic impact is still limited. Dr. Waqar Wadho and Dr. Azam Chaudhry, Lahore School of Economics, carried out a study from 2013-2015 measuring textile firm's productivity across districts of Punjab and Sindh.

 

 

 

Mapping Economic Activity in Rural Punjab

Attique ur Rehman M. and Usman Naeem

The International Growth Centre, in collaboration with the State Bank of Pakistan and Pakistan Bureau of Statistics, conducted the largest survey to date on management practices of Pakistani firms. Analysis of this data reveals that Pakistani firms have managed to survive despite weak performance but this has left them with no incentive to improve their management practices for increasing productivity.

 

 

Management in Pakistan: Evidence from Sindh, Khyber-Paktunkhawa, and Baluchistan

John Van Reenen, M. Ali Choudhary, Nicolas Bloom, and Renata Lemos

The International Growth Centre, in collaboration with the State Bank of Pakistan and Pakistan Bureau of Statistics, conducted the largest survey to date on management practices of Pakistani firms. Analysis of this data reveals that Pakistani firms have managed to survive despite weak performance but this has left them with no incentive to improve their management practices for increasing productivity.

 

 

The Textiles and Garments Sector: Moving Up the Value Chain

Ijaz NabiNaved Hamid, and Rafia Zafar

Garment manufacturing, the least energy and capital-intensive kind of industrial activity, is not realising its potential in Pakistan to grow the economy and create employment. To unlock the benefits of garments manufacturing on Pakistan's economy, it must move up the value chain and compete in global export markets.

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Financing Constraints: Determinants and Implications for Firm Growth in Pakistan

Naved Hamid and Hamna Ahmed

How does finance constrain enterprise growth, and what determines access to external finance in Pakistan? 

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Private Finance Companies in LDCs: Lessons from an Experiment

Naved Hamid

In many LDCs liberalizing the financial sector will involve creating new financial institutions in the private sector to attract untapped savings and provide new services. This paper provides a detailed account of an experiment with Private Finance Companies (PFCs) in Pakistan. The complex legal, ideological and economic factors that explain the initial success and the ultimate failure of that experiment are identified. It is concluded that PFCs have an important role in mobilizing rural savings, but to safeguard depositors a legal framework has to be provided. Care should be taken that nationalized banks, acting in their self-interest as monopolists, do not create hurdles in the provision of such minimum regulation.

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