Tag: Marvellous

Marvellous link between Pak trade and GDP growth

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Contrary to regional trends, there is paradox underlying Pakistan’s growth trajec¬tory. In Pakistan, trade grew 1.2% lower than our GDP, while on a global basis, trade has grown 1.8% ahead of global GDP growth on average. In the recently-concluded American Business Council Economic Summit, titled Beyond Borders: Trade Treaties and their Implication’, I presented the hypothesis that "in all successful economies, GDP growth has a direct correlation with trade growth". …Read More