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This book about the economy of Pakistan from the 1970s to the 2010s. Source data from UN Data.Size. In the 2010s, the gross domestic product of Pakistan was equal to 239.6 billion US$ per year; the value of agriculture was 56.8 billion US$; the value of manufacturing was 31.2 billion US$. Since the share in the world is between .1% and 1%, the country is classified as an average economy.Productivity. In the 2010s, the gross domestic product per capita was 1 304.6 US$; the agriculture per capita was 309.2 US$; the manufacturing per capita was 169.8 US$. Since the productivity is less the average below average, the economy is classified as least developed.Growth. In the 2010s, the growth of gross domestic product was 4.1%; the growth of agriculture was 2.1%; the growth of manufacturing was 3.6%.Structure. In the 2010s, the economy of Pakistan included: agriculture (35.7%), trade (19.6%), service (19.2%), industry (14.6%), transportation (7.5%), and construction (3.4%).Export and import. In the 2010s, the import was 61.3% higher than the export, the net import was equal to 7.0% of the GDP. The technological structure of export is not better than the structure of import.Consumption and reproduction. The attitude of reproduction to the consumption is not better than the global average, so the share of GDP in the world will not increase.
This book is the main text for post-graduate courses on South Asia's development, economic history and on its political economy. For researchers on Pakistan's economy, it is the key source for reference, and covers a huge and diverse array of data, literature reviews, commentary and analysis.
"Discusses the measures to reverse the prolonged period of low growth and high inflation that Pakistan has experienced over the past five years"--Provided by publisher.
While policy makers, media, and the international community focus their attention on Pakistan’s ongoing security challenges, the potential of the rural economy, and particularly the agricultural sector, to improve Pakistanis’ well-being is being neglected. Agriculture is crucial to Pakistan’s economy. Almost half of the country’s labor force works in the agricultural sector, which produces food and inputs for industry (such as cotton for textiles) and accounts for over a third of Pakistan’s total export earnings. Equally important are nonfarm economic activities in rural areas, such as retail sales in small village shops, transportation services, and education and health services in local schools and clinics. Rural nonfarm activities account for between 40 and 57 percent of total rural household income. Their large share of income means that the agricultural sector and the rural nonfarm economy have vital roles to play in promoting growth and reducing poverty in Pakistan.
This volume makes a major intervention in the debates around the nature of the political economy of Pakistan, focusing on its contemporary social dynamics. This is the first comprehensive academic analysis of Pakistan's political economy after thirty-five years, and addresses issues of state, class and society, examining gender, the middle classes, the media, the bazaar economy, urban spaces and the new elite. The book goes beyond the contemporary obsession with terrorism and extremism, political Islam, and simple 'civilian–military relations', and looks at modern-day Pakistan through the lens of varied academic disciplines. It not only brings together new work by some emerging scholars but also formulates a new political economy for the country, reflecting the contemporary reality and diversification in the social sciences in Pakistan. The chapters dynamically and dialectically capture emergent processes and trends in framing Pakistan's political economy and invite scholars to engage with and move beyond these concerns and issues.
In the 1950s Pakistan was generally considered to be a country that would remain among the poorest in the world, but economic development in the decade to follow exceeded all expectations. Gustav Papanek, in the first thorough analysis of this achievement, shows how Pakistan, partly by design and partly by accident, arrived at a successful blend of private initiative and government intervention in the economy. This book, which includes the only comprehensive industrial survey of an underdeveloped country, sheds considerable light on the problems facing nations in similar circumstances.
The Economic Survey is the budget document of the Government of India. It presents the state of affairs of the Indian economy. Economic Survey 2017-18 consists of two volumes. Volume I provides an analytical overview of the performance of the Indian economy during the financial year 2017-18. It highlights the long-term challenges facing the economy. Volume II is a descriptive review of the major sectors of the economy. It emphasizes economic reforms of contemporary relevance like GST, the investment-saving slowdown, fiscal federalism and accountability, gender inequality, climate change and agriculture, science and technology, among others.
First Published in 1988. Routledge is an imprint of Taylor & Francis, an informa company.
An Insightful Analysis Into The Prevailing Economic Situation In Pakistan. The Main Thrust Is That The Respective Roles Of The State And The Market Have Been Reversed In Pakistan - The Benefits Being Reaped By Elitist Classes Only - Which According To The Author Is Socially And Economically Not Sustainable. 8 Chapters - Epilogue - Bibliography - Index.
Pakistan is a strategic ally of the US in the 'war on terror'. It is the third largest recipient of US aid in the world. Yet Pakistan is a state run by its army and intelligence service. Operating in the shadows, Pakistan's military industrial complex owns and controls swathes of the economic and political landscape of the country. Military Inc. dares to illuminate the military as an oppressive holding company possessing not just security-related businesses, but also hotels, shopping malls, insurance companies, banks, farms and even an airline. The result is a deeply undemocratic society, where money is funnelled towards the military's economic enterprises, leaving those in need of it impoverished and effectively disenfranchised. With an empirical richness, and a view to Pakistan's recent history, Ayesha Siddiqa offers a detailed and powerful case study of a global phenomenon: corruption, hollow economic growth and elitism. This new edition includes a chapter on the recent developments of the military's foray into the media, and a new preface.