economic growth in pakistan essay


Pakistan has failed to provide basic necessities such as education, employment and health services to its people and the reason behind these problems is the high population growth rate. Pakistan needs to control the growth rate by providing awareness to the people through its family planning program. Unless Pakistan can sustain a high level of growth, its streets are likely to be …

Pakistan was able to attract foreign …

Pakistan is agronomic, semi- industrialized economy. GDP growth was steady during the mid-2000s at a rate of 7%; however, slowed down during the Economic crisis of 2008 to 4.7%. This was a period during which the country’s trade deficit was in control and there was a rise in revenue generation.

The World Bank Poverty and Shared Prosperity Report 2018 has noted that from 2010-2015 the growth of incomes of the bottom 40% in Pakistan has been merely 2.7% whereas the growth in incomes of the average population was recorded at 4.3%. Family Planning … As an equivalent result with the literature studies, the existence of a positive and significant relationship between education and economic growth is evident.

This study explores the correlation between education and economic growth in Pakistan by using time series data on real gross domestic product and education from 1980 to 2014 were used. A … Pakistan’s economy is 46 th largest economy in the world. In the year 2007 Pakistan was able to increase its foreign reserves substantially to about $16.4 billion. In spite of rapid population growth during this period, per capita incomes doubled, inflation remained low and poverty declined from 46% down to 18% by late 1980s. This study focused on the relationship that exists amongst the fields of education and economic growth in Pakistan in 1980- 2014 periods. The 55% of the GDP is contributed by agricultural and livestock sector. The findings of this study indicate the existence of a positive relationship between education and economic growth. High Population growth rate is a burden on economy of the developing country. Pakistan: Framework for Economic Growth 24 Therefore, for a country with Pakistan’s experience of substantial fluctuations in the GDP growth rate, protecting the poor and the vulnerable not only mandates a high and sustained growth of GDP in the future, but this protection, in turn, can also support a higher growth rate.

ECONOMIC ANALYSIS. The locus of economic growth is along the River Indus and the commercial hubs are in the urban centers of … Despite being a very poor country in 1947, Pakistan’s economic growth rate has been better than the global average during the subsequent four decades, but imprudent policies led to a slowdown in the late 1990s. For Pakistan’s economy the mid 2000s proved to be the most fruitful as the country experienced a GDP growth rate of 7% on an average from 2003-2007. Economy of Pakistan. Pakistan has a semi-industrialized economy. On its conception, country inherited all of the essential elements of macroeconomic stability. Pakistani economy grew at a fairly impressive rate of 6 percent per year through the first four decades of the nation's existence.