Earlier edition published in 2013.

Includes bibliographical references and index.

Overview / Rashid Amjad and Shahid Javed Burki -- Failed economic promise: lessons from Pakistan's development experience / Parvez Hasan -- Economic management under IMF tutelage: key lessons from the Musharraf and PPP rule 1999-2013 / Rashid Amjad -- A country and an economy in transition / Shahid Javed Burki -- Tackling the energy crisis / Afia Malik -- Exports: lessons from the past and the way forward / Hamna Ahmed, Naved Hamid, and Mahreen Mahmud -- The future path of tax reforms in Pakistan / Hafiz A. Pasha and Aisha Ghaus-Pasha -- Pakistan's Indus basin water strategy: past, present and future / Shahid Amjad Chaudhry -- Economic governance and institutional reforms / Ishrat Husain -- Benefiting from foreign direct investment / Khalil Hamdani -- An analysis of the remittances market in Pakistan / Rashid Amjad, M. Irfan, and G. M. Arif -- The prospects for Indo-Pakistan trade / Hafiz A. Pasha and Muhammad Imran -- Beyond the poverty line: a multidimensional analysis of poverty in Pakistan / Azam Chaudhry, Theresa Chaudhry, Muhammad Haseeb, and Uzma Afzal -- Can the new intergovernmental structure work in Pakistan? Learning from China / Ehtisham Ahmad.

"Discusses the measures to reverse the prolonged period of low growth and high inflation that Pakistan has experienced over the past five years"--Provided by publisher.