Wood
SENIOR MEMBER
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- Mar 30, 2013
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I agree with you that exports cannot grow easily. But this is not my question. You have brought an interesting fact that before 2004, Pakistan did not have a BOP crisis caused by trade deficit. It would be more interesting if you know the reason for the drop in export / import parity. What structural change in Pakistani economy brought the divergence on your graph?Export growth do not happen over night. First you need to fix trade deficit and debt repayment problem. It will check on current account. Pakistan failed to do that since 2004View attachment 844940