Was this content written or created while at IBA?
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Document Type
Conference Paper
Publication Date
10-6-2004
Conference Name
Paul H. Nitza School of Advanced and International Studies (SAIS), Seminar.
Conference Location
Washington D.C.
Conference Dates
October 6, 2004
Series
Faculty Research - Book Chapters and Conference Papers
First Page
1
Last Page
23
Keywords
Economic progress, U.S. dependencies, September 11, Policy changes, Reforms, Sustainability
Abstract / Description
The recent turnaround in Pakistan’s economy has evoked two different kinds of responses. There are observers who argue that the economic progress made by Pakistan since 1999 is a mirage and a false dawn and that the economic structure, processes and fundamentals have not changed much. There are others who believe that the country has made a promising start and that the reforms undertaken during the last five years are sustainable and this will change the economic landscape of the country over time. The arguments advanced by the ‘false dawn’ proponents are, however, quite varied. A well-respected American scholar on South Asia observed at a recent seminar on the Pakistan economy that the economy thrived during the periods when Pakistan-US relationship was strong i.e. the Ayub (1958-1969) period, the Zia years (1977-88) and more recently, the Musharraf era (from September 2001 onwards.) This postulate is also shared by a number of Pakistani intellectuals, particularly those who have an ideological revulsion to military rule in Pakistan.
Recommended Citation
Husain, I. (2004). Pakistan’s economic progress since 2000: false dawn or a promising start?., 1-23. Retrieved from https://ir.iba.edu.pk/faculty-research-series/205
