US
Expansionary policies may aid growth but may also raise prices, current account deficit
For sustained growth, country needs to improve factor productivity
Developing states refuse to open up protected sectors until developed nations do
Pakistan should boost labour productivity, value addition to mitigate adverse impact
Capital inflows in form of export receipts are less than outflows in shape of import payments
Will be required to move up value addition, quality and technological ladder
Appreciation of dollar, higher global oil prices to exacerbate country’s economic woes
Pakistan needs to boost savings-to-GDP ratio to tackle balance of payments woes
It will take a few more months before its effect on trade deficit is visible
Export led growth has two components; sustained growth and transformation of production structure