[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"doc-detail-108732-en":3,"doc-seo-108732-105":31,"detail-sidebar-cat-0-en-105":92},{"code":4,"msg":5,"data":6},0,"success",{"doc_id":7,"user_id":8,"nickname":9,"user_avatar":10,"doc_module":4,"category_id":11,"category_name":12,"doc_title":13,"doc_description":14,"doc_content":15,"file_id":16,"file_url":17,"file_type":18,"file_size":19,"view_count":20,"is_deleted":4,"is_public":21,"is_downloadable":21,"audit_status":21,"page_count":22,"language":23,"language_code":24,"site_id":25,"html_lang":24,"table_of_contents":26,"faqs":27,"seo_title":28,"seo_description":14,"update_tm":29,"read_time":30},108732,1374391975076,"Riley","https://ap-avatar.wpscdn.com/avatar/14000253ca4ec9f6853?x-image-process=image/resize,m_fixed,w_180,h_180&k=1783305029341752051",8,"Research & Report","Pakistan’s Country Economic Memorandum - From Swimming in Sand to High and Sustainable Growth","Pakistan’s Country Economic Memorandum charts a roadmap to improve Pakistan’s economic performance by addressing resource and talent allocation distortions. The report frames growth as sustainable when markets and institutions function with fewer inefficiencies and stronger opportunities for people and investment. It sets out the rationale for reform priorities that reduce misallocation, improve incentives, and support inclusive, high-quality outcomes across the economy.","From Swimming in Sand to High and Sustainable Growth  \nA roadmap to reduce distortions in the allocation of resources and talent in the Pakistani economy  \nPakistan’s  \nCountry Economic Memorandum  \nFrom Swimming in Sand to High and Sustainable Growth  \nA roadmap to reduce distortions in the allocation of resources and talent in the Pakistani economy  \nPakistan’s Country Economic Memorandum  \n2022  \nThis work is the product of the staff of the World Bank with external contributions. The ϐindings, interpretations, and conclusions expressed in this event do not necessarily reϐlect the views of the World Bank, the Executive Directors ofthe World Bank orthe governments they represent. The World Bank does not guarantee the accuracy of the data included in this work, and does not assume responsibility for any errors, omissions, or discrepancies in the information, or liability with respect tothe use of or failure to use the information, methods, processes, or conclusions set forth. The boundaries, colors, denominations, and other information shown on any map in this work do not imply any judgment on the part of The World Bank concerning the legal status of any territory or endorsement or acceptance of such boundaries.  \n[www.worldbank.org](www.worldbank.org)  \n[www.worldbank.org/Pakistan](www.worldbank.org/Pakistan)  \nAcknowledgments  \nThis report was prepared under the guidance of Najy Benhassine (Country Director, Pakistan), Zoubida Allaoua (Regional Director, Equitable Growth, Finance and Institutions), Shabih Ali Mohib and Manuela Francisco (Practice Managers, Macroeconomics, Trade and Investment) by a core team of Gonzalo J. Varela (co-Task Team Leader and Senior Economist, Macroeconomics, Trade and Investment), Zehra Aslam (co-Task Team Leader and Economist, Macroeconomics, Trade and Investment), Andreas Eberhard (Economist, Jobs), Aroub Farooq (Analyst, Macroeconomics, Trade and Investment), Veronica Michel Gutierrez,(Analyst, Jobs), Alen Mulabdic, (Economist, Macroeconomics, Trade and Investment), Rafay Khan (Economist, Finance Competitiveness and Innovation), Roberto Fattal Jaef (Senior Economist, Macro Research Group), Stefania Lovo (Associate Professor, University of Reading), Balazs Murakozy (Associate Professor, University of Liverpool), Federico Ganz (Consultant, Macroeconomics, Trade and Investment), Abid Burki (Professor, Lahore University of Management Sciences), Joseϐina Seizer (Consultant, Macroeconomics, Trade and Investment) .  \nThe team is grateful to Hans Timmer (SAR Chief Economist), Cecile Fruman (Director, SARRE), Gailius Draugelis (Operations Manager, SACPK), Mustapha K. Nabli (Consultant, ESADR), Mary Hallward-Driemeier (Senior Adviser, Trade, Investment and Competitiveness), Shafaat Yar Khan (Economist, EAP Chief Economist Ofϐice), Willem Janssen (Lead Agriculture Economist, Agriculture), Hans Jansen (Senior Agriculture Economist, Agriculture), Charles Schneider (Senior Operations Ofϐicer, International Financial Corporation), Moritz Meyer (Senior Economist, Poverty), Uzma Quresh (Senior Social Development Specialist, Social Sustainability and Inclusion), Ali Qureshi (Social Protection Specialist, Jobs), Namoos Zaheer (Senior Financial Sector Specialist, Finance Competitiveness and Innovation), Silvia Redaelli (Senior Economist, Poverty), Derek Chen (Senior Country Economist, Macroeconomics, Trade and Investment), Murtaza Muzaffari (Economist, , Macroeconomics, Trade and Investment), Mukhtar ul Hassan (Economist, Macroeconomics, Trade and Investment), Florian Blum (Senior Economist, Macroeconomics, Trade and Investment), Tobias Haque (Lead Country Economist, , Macroeconomics, Trade and Investment), Adnan Ghumman (Senior Country Economist, Macroeconomics, Trade and Investment), Abed Khalil (Sector Leader, Sustainable Development), Elwyn Davies (Senior Economist, Finance Competitiveness and Innovation), Peter Kusek (Senior Economist, Finance Competitiveness and Innovation), Roberto Echandi (Senior Economist,","cbCaifkosZmGGHXJ","https://ap.wps.com/l/cbCaifkosZmGGHXJ","pdf",10968236,4,1,224,"English","en",105,"# A roadmap for reducing distortions in resource and talent allocation\n## Purpose and framing of sustainable growth\n## Acknowledgments and preparation context","[{\"question\":\"What is the main objective of Pakistan’s Country Economic Memorandum?\",\"answer\":\"It presents a roadmap to reduce distortions in how resources and talent are allocated in Pakistan’s economy, supporting high and sustainable growth.\"},{\"question\":\"How does the report connect misallocation to sustainable growth?\",\"answer\":\"It argues that growth becomes more sustainable when distortions and inefficiencies in allocation are reduced, improving incentives for resources and people.\"},{\"question\":\"Who prepared the report and under whose guidance?\",\"answer\":\"The report was prepared under the guidance of World Bank leadership and practice managers, with contributions from a core team and external contributors.\"}]","Pakistan’s Country Economic Memorandum - From Swimming in Sand to High and Sustainable Growth | PDF",1784473586,564,{"code":4,"msg":32,"data":33},"ok",{"site_id":25,"language":24,"slug":34,"title":13,"keywords":35,"description":14,"schema_data":36,"social_meta":87,"head_meta":89,"extra_data":91,"updated_unix":29},"pakistans-country-economic-memorandum-from-swimming-in-sand-to-high-and-sustainable-growth","",{"@graph":37,"@context":86},[38,54,69],{"@type":39,"itemListElement":40},"BreadcrumbList",[41,45,49,52],{"item":42,"name":43,"@type":44,"position":21},"https://docshare.wps.com","Home","ListItem",{"item":46,"name":47,"@type":44,"position":48},"https://docshare.wps.com/document/","Document",2,{"item":50,"name":12,"@type":44,"position":51},"https://docshare.wps.com/document/research-report/",3,{"item":53,"name":13,"@type":44,"position":20},"https://docshare.wps.com/document/pakistans-country-economic-memorandum-from-swimming-in-sand-to-high-and-sustainable-growth/108732/",{"url":53,"name":13,"@type":55,"author":56,"headline":13,"publisher":58,"fileFormat":61,"inLanguage":24,"description":14,"dateModified":62,"datePublished":63,"encodingFormat":61,"isAccessibleForFree":64,"interactionStatistic":65},"DigitalDocument",{"name":9,"@type":57},"Person",{"url":42,"name":59,"@type":60},"DocShare","Organization","application/pdf","2026-07-29","2026-07-19",true,{"@type":66,"interactionType":67,"userInteractionCount":20},"InteractionCounter",{"@type":68},"ViewAction",{"@type":70,"mainEntity":71},"FAQPage",[72,78,82],{"name":73,"@type":74,"acceptedAnswer":75},"What is the main objective of Pakistan’s Country Economic Memorandum?","Question",{"text":76,"@type":77},"It presents a roadmap to reduce distortions in how resources and talent are allocated in Pakistan’s economy, supporting high and sustainable growth.","Answer",{"name":79,"@type":74,"acceptedAnswer":80},"How does the report connect misallocation to sustainable growth?",{"text":81,"@type":77},"It argues that growth becomes more sustainable when distortions and inefficiencies in allocation are reduced, improving incentives for resources and people.",{"name":83,"@type":74,"acceptedAnswer":84},"Who prepared the report and under whose guidance?",{"text":85,"@type":77},"The report was prepared under the guidance of World Bank leadership and practice managers, with contributions from a core team and external contributors.","https://schema.org",{"og:url":53,"og:type":88,"og:title":13,"og:site_name":59,"og:description":14},"article",{"robots":90,"canonical":53},"index,follow",{"doc_id":7,"site_id":25},{"code":4,"msg":5,"data":93},[94,98,102,106,111,116,121,124,129,132,136],{"id":21,"doc_module":4,"doc_module_name":47,"category_name":95,"show_sort_weight":96,"slug":97},"Story & Novel",90,"story-novel",{"id":48,"doc_module":4,"doc_module_name":47,"category_name":99,"show_sort_weight":100,"slug":101},"Literature",80,"literature",{"id":20,"doc_module":4,"doc_module_name":47,"category_name":103,"show_sort_weight":104,"slug":105},"Exam",70,"exam",{"id":107,"doc_module":4,"doc_module_name":47,"category_name":108,"show_sort_weight":109,"slug":110},5,"Comic",60,"comic",{"id":112,"doc_module":4,"doc_module_name":47,"category_name":113,"show_sort_weight":114,"slug":115},6,"Technology",50,"technology",{"id":117,"doc_module":4,"doc_module_name":47,"category_name":118,"show_sort_weight":119,"slug":120},7,"Healthcare",40,"healthcare",{"id":11,"doc_module":4,"doc_module_name":47,"category_name":12,"show_sort_weight":122,"slug":123},30,"research-report",{"id":125,"doc_module":4,"doc_module_name":47,"category_name":126,"show_sort_weight":127,"slug":128},9,"Religion & Spirituality",20,"religion-spirituality",{"id":127,"doc_module":4,"doc_module_name":47,"category_name":130,"show_sort_weight":127,"slug":131},"World Cup","world-cup",{"id":133,"doc_module":4,"doc_module_name":47,"category_name":134,"show_sort_weight":133,"slug":135},10,"Lifestyle","lifestyle",{"id":137,"doc_module":4,"doc_module_name":47,"category_name":138,"show_sort_weight":107,"slug":139},19,"General","general"]