The graph below plots real exports per capita for India and Pakistan starting in 1980. We index the two lines to 100 in 1992 for ease of comparison.
Up until 1992, both India and Pakistan were on a similar trajectory with low growth in their exports per capita.
However, the trajectories diverge strongly in 1992 with India’s export growth taking off while Pakistan continued to trudge along at mediocre pace…
Within a span of just two decades, Indian exports per capita have grown to be almost six times those of Pakistan.
India, Pakistan, and Growth – Part I | House of Debt
01 May 2014 Leave a comment
in development economics, growth miracles Tags: India, Pakistan

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