Author Affiliation

  • Dr. Ishrat Husain is Additional Secretary, Finance Department, Government of Sind Karachi, Pakistan.

Faculty / School

Faculty of Business Administration (FBA)

Was this content written or created while at IBA?

No

Document Type

Article

Source Publication

The Pakistan Development Review

Keywords

Trade, Industrial growth, Import, Export, West Pakistan

Disciplines

Economics | Growth and Development | Industrial Organization | International Economics

Abstract

Large scale manufacturing has been the fastest growing sector in the economic development of Pakistan during the last two decades. Starting from almost a scratch, this sector has been able to show spectacular performance in terms of rate of growth. The overall annual growth rate in West Pakistan during 1960-68 was 11.4%, well in excess of the target rate of 7.0% laid in the Second and Third Five Year Plans. The share of manufacturing in the Gross Provincial Product (GPP) of West Pakistan rose from 12.3% in 1960 to 16% in 1968. Not only has the share of this sector risen in the GPP but major structural transformations have also taken place within the sector. Consumer goods industries which contributed about 76% of the total output in 1954 are no longer as important and accounted for only 57% of the total output in 1968. The distribution of the fixed assets has also moved in the same direction as output during this period.

Citation/Publisher Attribution

Husain, I. (1974). Industrial Growth and Export Expansion: The Case of West Pakistan. The Pakistan Development Review, 13(3), 308-324.

Publication Status

Published

Note

The author is Additional Secretary, Finance Department, Government of Sind, Karachi (Pakistan). Views expressed in this article are those of the author and do not in any way reflect the views of the Government of Sind. This paper forms part of the research project undertaken by the author while he was a Fellow at the Centre for Development Economics, Williams College, Williamstown, Mass. (USA). He is indebted to Professor Henry Bruton and Professor Gene Tidrick and an unknown referee for their invaluable comments on an earlier draft of this paper. The author alone is, however, responsible for all errors and omissions.

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