Author Affiliation

Dean and Director, Institute of Business Administration, Karachi.

Was this content written or created while at IBA?

Yes

Document Type

Article

Source Publication

Pakistan Journal of Applied Economics

Keywords

Governance, Institutions, Reform, Pakistan

Disciplines

Economics | Social and Behavioral Sciences

Abstract

The link:between good governance and, economic and, social development has been well established in the last few decades. Although, it is hard to have a precise definition of governance there is a wide consensus that good governance must lead to broad-based inclusive economic growth and the social development. It must en able the state, the civil society and the private sector to enhance the well being of a large segment of the population. If this definition is accepted then the economic growth in Pakistan is likely to become unsustainable; if a widespread perception persists that majority of the population has not been gaining from the recent growth. This perception, whether right or wrong, erodes political support for continuation of the present economic policies and reforms.

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