This study tracks TFP trends in Pakistan from 1972-73 to 1997-98, showing that the slowdown in growth during the 1990s was driven not only by weaker investment but also by declining productivity. Sectoral analysis explores where stagnation occurred and identifies structural factors behind the loss of momentum. The findings highlight the implications for long‑term growth and competitiveness, underscoring the need for strategies to revive productivity.
