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What Is Econmy Analysis
What Is Econmy Analysis
address long standing issues related to government revenues and energy production in
order to spur the amount of economic growth that will be necessary to employ its
growing population.
Labor force
60.36 million
note: extensive export of labor, mostly to the Middle East, and use of child labor (2012
est.)
Unemployment rate
5.6% (2012 est.)
5.6% (2011 est.)
note: substantial underemployment exists
Budget
revenues: $29.51 billion
expenditures: $44.19 billion (2012 est.)
Public debt
50.4% of GDP (2012 est.)
60.1% of GDP (2011 est.)
Stock of money
$NA (31 December 2008)
$52.76 billion (31 December 2007)
Agriculture - products
cotton, wheat, rice, sugarcane, fruits, vegetables; milk, beef, mutton, eggs
Industries
textiles and apparel, food processing, pharmaceuticals, construction materials, paper
products, fertilizer, shrimp
Exports
$24.66 billion (2012 est.)
$26.3 billion (2011 est.)
Exports - commodities
textiles (garments, bed linen, cotton cloth, yarn), rice, leather goods, sports goods,
chemicals, manufactures, carpets and rugs
Exports - partners
US 15%, UAE 9.7%, Afghanistan 9.5%, China 9.2%, UK 5%, Germany 4.5% (2012 est.)
Imports
$40.82 billion (2012 est.)
$38.93 billion (2011 est.)
Imports - commodities
petroleum, petroleum products, machinery, plastics, transportation equipment, edible
oils, paper and paperboard, iron and steel, tea
Imports - partners
UAE 17.2%, China 15%, Saudi Arabia 11.2%, Kuwait 8.9%, Malaysia 5.4%, Japan 4.3%
(2012 est.)
Debt - external
$55.98 billion (31 December 2012 est.)
$58.27 billion (31 December 2011 est.)
Exchange rates
Pakistani rupees (PKR) per US dollar 95.1 (2012 est.)
86.3434 (2011 est.)
85.194 (2010 est.)
81.71 (2009)
70.64 (2008)
Fiscal year
1 July - 30 June
Market analysis
A market analysis studies the attractiveness and the dynamics of a
special market within a special industry. It is part of the industry analysis and this in turn
of the global environmental analysis. Through all of these analyses the opportunities,
strengths, weaknesses and threats of a company can be identified. Finally, with the help
of a SWOT analysis, adequate business strategies of a company will be defined. [1] The
market analysis is also known as a documented investigation of a market that is used to
inform a firm's planning activities, particularly around decisions of inventory,
purchase, work force expansion/contraction, facility expansion, purchases of capital
equipment, promotional activities, and many other aspects of a company.
Market and economic analyses have similar features. Both estimate the
net-benefits of a project investment based on the difference between
the with-project and the without-project situations. The basic difference
between them is that the market analysis compares benefits and costs
to the enterprise, while the economic analysis compares the benefits
and costs to the whole economy.
Benefits and costs for the whole economy
Economic analysis is concerned with the true value a project holds for the society as a
whole. It subsumes all members of society, and measures the projects positive and
negative impacts. In addition, economic analysis would also cover costs and
benefits of goods and services that are not sold in the market and therefore have
no market price.
There are two more significant differences between market and economic analysis.
While market analysis uses market prices to check the balance of investment and the
sustainability of a project, economic analysis uses economic prices that are converted
from the market price by excluding tax, profit, subsidy, etc. to measure the legitimacy of
using national resources to certain projects. Market and economic analyses also differ
in their treatment of external effects (benefits and costs), such as favorable effects on
health. Economic analysis attempts to value such externalities in order to reflect the true
cost and value to the society. The inclusion of externalities raises difficult questions of
their identification and measurement in terms of money.
Underlining the integrated perspective of the IFM approach, cost-benefit analysis in
the present context, is meant to be a form of economic analysis.
However, it has to be noted that economic and market analysis are also
complementary. For a project to be economically viable, it must be markedly
sustainable. If a project is not marketly sustainable, there will be no adequate funds to
properly operate, maintain and replace assets. It has sometimes been suggested that
market viability should not be made a concern because as long as a project is
economically sound, it can be supported through government subsidies.