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GDP Growth GDP Growth Per Capita Annual %: Assignment 1

The document analyzes GDP growth and GDP per capita growth in Turkey, Qatar, and Pakistan from 1961 to 2018. It identifies reasons for declines in economic growth in each country and proposes strategies to address them. Turkey experienced a downfall due to debt, sanctions, and weak consumer demand. Qatar saw declines from tensions with Saudi Arabia and boycotts. Pakistan faced issues in agriculture, manufacturing, taxation, and military spending. The countries are suggested to boost local industries, shift to natural gas, and implement tax reforms respectively.

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Adnan Aqib
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37 views1 page

GDP Growth GDP Growth Per Capita Annual %: Assignment 1

The document analyzes GDP growth and GDP per capita growth in Turkey, Qatar, and Pakistan from 1961 to 2018. It identifies reasons for declines in economic growth in each country and proposes strategies to address them. Turkey experienced a downfall due to debt, sanctions, and weak consumer demand. Qatar saw declines from tensions with Saudi Arabia and boycotts. Pakistan faced issues in agriculture, manufacturing, taxation, and military spending. The countries are suggested to boost local industries, shift to natural gas, and implement tax reforms respectively.

Uploaded by

Adnan Aqib
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Assignment 1

GDP Growth GDP growth per capita annual


30 %
25 15

20
10
15

10 5

5 0

1989
1961
1965
1969
1973
1977
1981
1985

1993
1997
2001
2005
2009
2013
2017
0
1973

2000
1961
1964
1967
1970

1976
1979
1982
1985
1988
1991
1994
1997

2003
2006
2009
2012
2015
2018
-5
-5

-10 -10

Qatar Turkey Pakistan Turkey Pakistan Qatar

Countries: Turkey, Qatar, Pakistan.


Turkey: Reasons for down fall in GDP per capita and Growth
• Excessive current account deficit.
• Large amounts of private foreign-currency denominated debt.
• Sanctions imposed by the US and current political tension with Middle east countries.
• Other main cause of low economic growth is weak aggregate demand from consumer which constitute half
of the GDP.
• Contribution of Agriculture and Manufacturing to GDP has dropped.

Strategy: Bosting the local industry through incentives and promoting local brands and boycotting
imported goods.

Qatar: Reasons for Decline in GDP


• Relation with Saudi Arabia became tense when Aljazeera Leading news channel made some allegation
against Muhammad Bin Salman and result in cutting ties with Saudi Arabia.
• Decline in the market activity and confidence due to the boycott by Egypt, Saudi Arabia, UAE and
Bahrain.
• Sharp drop in imports, which in return resulted in a rise in the cost of transferring goods.

Strategy: Shifting from an oil base economy to natural gas production to revive its economy.

Pakistan: Reasons for Decline in GDP


• Poor Performance by agriculture and manufacturing industry.
• Fall of tax burden overwhelmingly on the poor.
• High military spending
• Stricker controls or policies to curb the elites who are evading taxes which cause uncertainty in investors.

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