Munich Personal RePEc Archive

Why Pakistan must break-into the knowledge economy

Amjad, Rashid (2006): Why Pakistan must break-into the knowledge economy. Published in:

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Abstract

The author emphasizes in this paper that this was the moment in Pakistan’s economic trajectory for it to learn to leap frog technologically from a labor intensive economy, by passing the intermediate stages of resource based and scale based activities, to a knowledge based economy. A knowledge based economy is one that bases its growth not on increasing capital or land or labor inputs, but on knowledge. The transition required is considerable, the author points out.

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