Term Research Project

A Snapshot
Pakistan is located to the northwestern part of South Asia. It comprises of plains, rocky plateaus, and mountains. The land is divided into six areas; Northern Mountain region, Western Low, Balochistan, Potohar, Dams and mountains. Its climate is continental with contrasting temperature in reference to the landscape (McCartney, 2011). The people found in Pakistan are largely Indo-Aryans speaking Urdu as the most prevalent language.
The country recently introduced the devolution plan where the local authorities undertook a people and service-based. The plan looks to link the urban and rural regions and advance human resource development. The economy is partly industrialized, with areas of growth. The main exports comprise of exports products like goods, chemicals, textiles, and leather.
The growth foundation of Pakistan’s economy is based along the Indus River. Previously a poor nation, the country is growing through an economic liberalization comprising of privatization of government bodies focused on appealing to investment from other countries and lower the financial gap.
International Comparison
This section compares the Macro-economic performance of Pakistan with China. The manufacturing businesses in India and China are varied, the Chinese business have notable high level of total factor productivity when compared to Pakistan, while the control for size, age and line of industry, the mean employment growth rate is bigger for Pakistan industries. China has plants that are fast on the rise in value added terms. This is due to average net investment rate of the fixed assets, which is bigger for Chinese companies. On the lower side, this may be due to productivity that increases fast in Chinese companies and the probable to the aggregate productivity growth rate computed industry by industry (Waheed, 2011). Another reason as to why the aggregate growth is high in China when compared to Pakistan is due to the allocated efficiency gains that are...