Differentiate between the private and the social rate of return. Do you agree that public spending on health and education for maximizing the latter? What in your opinion is the respective state of affairs in Pakistan?

Take a position · 20 marks · 30 min

About 1200 words. The examiner marks against these:

• ☐ Take a position
• ☐ Pakistan link

Debate: Is underinvestment in health and education the main cause of Pakistan's low human development?