Economic analysis, Pakistan\’s economy show signs of recovery

Pakistan\'s economy has been growing steadily over the past many years. Individual growth per annum averaged only 2 percent, but 1/2 South Asia\'s average, partially because of unpredictable economic policies and reliance on foreign investment and investment to drive the economic process. The short-term growth spans often cause the opening of an existing account and therefore the financial crisis that ultimately requires policy consolidation,...

Shoe manufacturing industry has great potential to grow in Pakistan

The shoe manufacturing industry is one of the ancient and major industries of Pakistan which produces high quality finished products and has a great potential to grow. Pakistan exports footwear to more than 60 countries in five continents of the world. Pakistan’s exports of footwear have registered a high rate of growth in the recent past. Revenue in the Footwear segment is projected to reach US$358m in 2021. Revenue is expected to show an...

Global Footwear Industry and Pakistan: History and Significance of Rising Markets

Footwear Industry has been growing since the earliest human history, archaeological finds of complete shoes date back to the Chalcolithic (ca. 5.000 BCE). Some ancient civilizations, such as Egypt and Greece however saw no practical need for footwear due to convenient climatic and landscape situations and used shoes primarily as ornaments and insignia of power. Footwear has always remained an unmistakable signs of power and status in society as...

Emergence of start-ups and Role of Pakistan's Entrepreneurship Ecosystem

In the last decade or so, many start-ups have been established in Pakistan. But is this a good thing for the economy? Yes, definitely. Here, we will examine the role of the Pakistan\'s Entrepreneurship Ecosystem in boosting these budding businesses. And why the establishment of start-up companies should be encouraged. What is a start-up? A start-up is a business that aims to bring a unique product or service to the market and its initial...