Pakistan's Slow Productivity Growth Highlights Need for Economic Reforms

Pakistan's labor productivity growth rate has been low (1.5%) compared to peer countries over 2000-2020
Low labor productivity reflects increasing economic unproductivity due to political instability, low exports, lack of R&D
Pakistan's total factor productivity (TFP) growth has also been low (1.5%) indicating low overall production efficiency
Top export sectors like textiles show low TFP growth, whereas services/tech sectors show high TFP growth
Suggested solutions include structural reforms focused on capacity building, transparency, diversifying exports, and prioritizing R&D and innovation