Author Affiliation

Director, World Bank

Document Type

Article

Source Publication

The News International Pakistan

Keywords

Elitist Growth Model, Political Economy, Income Inequality

Disciplines

Business | Economics

Abstract

The political economy of Pakistan can be adequately unraveled by understanding the dynamics of the elitist model of growth within which, in the considered opinion of this writer, the whole politico-economic processes unfold. We seek to explain as to why the elitist growth model was successful in Pakistan and what can possibly be done to weaken the grip of the elites and thus change this past pattern of growth. This scholastic exercise has been carried out in the earnest hope of bringing about a fundamental change in the lives of the ordinary people of Pakistan. These observations are thus rooted in the literature on the political economy of developing countries.

Note

Published in The News International Pakistan on January 10, 1999. IH0444

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