Boosting Pakistan’s Export Competitiveness: Private Sector Perspectives
Institute, Sustainable Development Policy | March 2018
Abstract
Global and regional trade integration offers Pakistan tremendous potential in driving and sustaining growth and poverty reduction. Despite this potential, trade has not been effectively leveraged to catalyse growth in Pakistan in recent years. Trends in relative trade and competitiveness have been worrying, with export earnings declining 20 percent over the period FY2011-2017 and market share contracting by 1.45 percent annually. Understanding the constraints on trade and competitiveness from the perspective of the private sector engaged in export activities is critical to developing and implementing effective trade policy. To support the Government of Pakistan in the preparation of its new Strategic Trade Policy Framework (2018-23), the World Bank Group conducted a series of private sector stakeholder consultations with current, past and potential Pakistani exporters in the manufacturing, agro processing, and services sectors. A total of 254 private sector representatives participated in four separate events organized in different provinces between September and November 2017.
This note summarizes the main concerns expressed by the private sector during these consultations. The note’s main objective is to contribute to a fruitful private-public dialogue which can ultimately lend inputs for trade policy. The role of the World Bank Group in this respect is to bring together the private sector and the public sector, so that the constraints that the former face are presented to the latter. As such, the challenges to be summarized here are those identified by the key firms present during the private sector engagement meetings, during the fourth quarter of 2017, and not by the World Bank Group.
Citation
Institute, Sustainable Development Policy. 2018. Boosting Pakistan’s Export Competitiveness: Private Sector Perspectives. © Sustainable Development Policy Institute. http://hdl.handle.net/11540/9421.Keywords
Regionalism
Regional Economy
Regional Trading Arrangements
Regional Trade Integration
Regional Economic Integration
Regional Cooperation
Interregional Cooperation
Trade Disputes
Trade Barriers
Free Trade
Trade
Trade Agreements
Intraregional Trade
Government Policy
Regional Organization
Regional Plans
Economic integration
Regional Development Bank
Preferential tariffs
International negotiation
Protectionist measures
Access to markets
Economic agreements
International trade law
Regional integration
Trade relations
Exports
Economic integration
Distribution
Economic integration
Development Bank
Trade policy
Small Business
Regional economics
Regional planning
Regional disparities
Interregionalism
Regional economic disparities
Regional economic blocs
Industrial arbitration
Euro
Inflation
Business
Finance
Free trade
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