Analysis of Pakistani Industries
Economic History of Pakistan
Submitted to: Sir Saeed Ahmad Butt
Submitted by: Dil Muhammad
Roll No: 0487-BH-HIS-10
Department: History
Semester: FIFTH (5th)
Contents
Title Page
Introduction 3
Gross Domestic Product 3
Inflation 6
Unemployment 8
Balance of Payments 10
Foreign Trade 13
Exchange Rates 15
Conclusion 16
References 17
INTRODUCTION: At partition in 1947, the new government lacked the personnel, institutions, and resources to play a large role in developing the economy. To rise from such a state surely is a great task, especially when one’s borders are also insecure. Since then Pakistani officials have sought a high rate of economic growth in an effort to lift the population out of poverty. Rapid industrialization was viewed as a basic necessity and as a vehicle for economic growth. For more than two decades, economic expansion was substantial, and growth of industrial output was striking. In the 1960s, the country was considered a model for other developing countries. Rapid expansion of the economy, however, did not alleviate widespread poverty. In the 1970s and 1980s, although a high rate of growth was sought; greater attention was given to income distribution. In the early 1990s, a more equitable distribution of income remained
Submitted to: Sir Saeed Ahmad Butt
Submitted by: Dil Muhammad
Roll No: 0487-BH-HIS-10
Department: History
Semester: FIFTH (5th)
Contents
Title Page
Introduction 3
Gross Domestic Product 3
Inflation 6
Unemployment 8
Balance of Payments 10
Foreign Trade 13
Exchange Rates 15
Conclusion 16
References 17
INTRODUCTION: At partition in 1947, the new government lacked the personnel, institutions, and resources to play a large role in developing the economy. To rise from such a state surely is a great task, especially when one’s borders are also insecure. Since then Pakistani officials have sought a high rate of economic growth in an effort to lift the population out of poverty. Rapid industrialization was viewed as a basic necessity and as a vehicle for economic growth. For more than two decades, economic expansion was substantial, and growth of industrial output was striking. In the 1960s, the country was considered a model for other developing countries. Rapid expansion of the economy, however, did not alleviate widespread poverty. In the 1970s and 1980s, although a high rate of growth was sought; greater attention was given to income distribution. In the early 1990s, a more equitable distribution of income remained
References: www.google.com www.hec.gov.pk World currency Yearbook (WCY) www.sbp.org.pk Articles by Dr. Kaiser Bengali http://countrystudies.us/pakistan/47.htm foreign trade Education, Employment and Economic Development In Pakistan By Ishrat Husain