Political Economy Of Policy Interventions On Exports: The Case Of Manufacturing Sector

Policy interventions with political economic trade have strong impact on the country’s economic growth. However, there are various policies, rules and regulations that has been adopted by Pakistan. Therefore, it can be concluded that Pakistan can improve its trade by giving and providing input goods and raw material at zero tariffs, giving a reasonable exemption from duties and taxes rebates to the exporters and provide a better market access through different ways like tax rebates, exemptions of taxes, export schemes providing long term trade policy. The government is trying to focus on the exports and making them as a driver of economic growth. The main target of the government is to improve the efficiency and competitiveness of the industry in the export-oriented sector and import substitution production. The structural change in the industry is an important because when government focus on structural anomalies then it creates market efficiency and reduce the cost of production. The government should provide subsidies to the textile business, reduce internal exporter disputes, eliminate withholding and sales taxes, and so forth. Purchasing new machinery, improving the quality of existing machinery, and introducing new technology can all help to increase research and development (R&D) related activities, which are critical for a country’s industrial progress in the modern day. Supervisor:- Dr. Usman Qadir

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Author: Azhar Rafique
Supervisor: Usman Qadir

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