Political Instability and Short-Term Focus Hampers Pakistan's Economic Potential

• Pakistan's economy outperformed India and Bangladesh for decades after independence, but has stagnated since the late 1980s due to political instability.

• Frequent changes of government and focus on short-term measures rather than long-term strategy has led to overreliance on IMF bailouts.

• Sustained high growth requires economic complexity - producing more sophisticated, higher value-added products and exports.

• The government needs a comprehensive strategy to guide investment and policies towards industries with growth potential.

• Political stability is crucial for long-term decision making and development - survival mode governments cannot deliver.