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Why has Pakistan experienced an extended economic slowdown since 1990? Why has it suffered through volatile and inequitable growth over the last 25 years? In his new book, Governing the Ungovernable, Ishrat Husain, a distinguished Pakistani economist, Wilson Center global fellow, and former Wilson Center public policy fellow, argues that the answer lies in the decay of institutions of governance. In this book, he proposes a selective and incre...

The main thrust of the book is that the respective roles of the state and the market have been reversed in the case of Pakistan, with the result that the bene?ts are reaped by the elite class only. This small minority continues to enjoy the unjust accumulation of wealth in the midst of widespread poverty and squalor. The author establishes that such a situation is socially and economically not sustainable.

The book highlights the socioeconomic problems that have beset Sindh, arresting the province's economic potential, and proposes a multi-pronged strategy to address these challenges. It offers an incisive and objective assessment of the various policies enacted and pursued by the Sindh government over the years. It also attempts to identify the particular issues that require reforms at the sectoral and micro level.

This book attempts to examine the reasons behind Pakistan's slowdown, the volatile and inequitable growth of the last twenty-five years, and through a process of theoretical and empirical evidence argues that the most powerful explanatory hypothesis lies in the decay of institutions of governance. It also suggests a selective and incremental approach of restructuring some key public institutions that pertain to accountability, transparency, se...

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