Pakistan's Long-Term Growth Limited by Weak Democracy and Geopolitics
A recent expert report highlights that Pakistan is facing serious economic constraints that hinder its long-term growth. Key factors like an unstable political system and complex geopolitical relationships have come under scrutiny. These elements play a critical role in shaping the future of the country's economy, preventing it from realizing its potential.
Economic studies show that Pakistan's weak democracy actively impacts the quality of governance and decision-making efficiency. Ongoing political upheavals within the country complicate the creation of a stable environment for investments and business development. This instability also leads to inefficient resource allocation, further exacerbating the situation.
Additionally, geopolitical factors such as relations with neighboring countries and involvement in international conflicts also influence Pakistan's economic landscape. Experts argue that these aspects make the country vulnerable to external shocks that could negatively affect its growth and economic development.
Given these challenges, there is a pressing need for measures to strengthen democratic institutions and enhance economic policy. Without this, Pakistan will struggle to maximize its resources and achieve sustainable growth in the future.
