BUSINESSJul 24 · 03:28 UTCDAWN[email protected] (Aqdas Afzal)

Holy grail of economics

Economic growth is described as the 'holy grail' of economics, with examples from China's rapid growth in the 1990s and Pakistan's stagnant growth leading to poverty and job challenges. India's economic reforms in the 1990s enabled it to overtake Pakistan in per capita income, while Pakistan's growth remains stuck at 2.3% annually.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

ChinaplacePakistanplaceIndiaplaceWorld BankorganizationHIEStopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSJun 12 · 03:24 UTC
A difficult story
BUSINESSJul 8 · 03:30 UTC
Making every rupee compound
BUSINESSJun 11 · 08:13 UTC
India's economic growth rate to weaken at 6.6% in FY27 on slower investments, consumption: BMI
BUSINESSJun 5 · 10:35 UTC
India Growth Beats Estimates on Strong Domestic Demand
BUSINESSJun 12 · 15:25 UTC
How Pakistan stabilised its way into poverty in 21 graphs
BUSINESSJun 22 · 11:51 UTC
Demand driving growth, but economic outlook ‘somewhat clouded’ by supply issues: RBI