Table of contents list of acronyms



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PR-14-13
CHAPTER 1
INTRODUCTION
Around the world and throughout history the well-being of people has been driven by breakthroughs in technology which range from the simple slingshot which helped David win freedom for his people to today’s spaceships which provide the engine for growth to a number of Industries. While the engineering sector is the bedrock of growth of economies, it is generally accepted that the automotive sector is at the forefront of growth. In fact, the ADB [2008] found that the sector is one of the major private sector industries in Pakistan, while Felipe (2007) considered it to be amongst the most protected sectors. The industry was earlier subject to physical indigenisation targets, but following the Uruguay Round it has made a transition to Trade Related Investment Measures (TRIMS. We describe below in Section 1.1 the terms of reference for Phase I of this study on the automotive sector. Section 1.2 presents the history of development of the automotive sector in Pakistan. This is followed in Section 1.3 by a review of earlier studies on the sector in the country.

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