Was this content written or created while at IBA?
No
Document Type
Conference Paper
Publication Date
1-1-1997
First Page
1
Last Page
21
Keywords
Governance, Economic development, Pakistan
Abstract / Description
The determinants of economic development are complex and not fully understood. The 1960s witnessed the ascendancy of physical capital accumulation as the driving force behind economic growth. In the 1970s, poverty alleviation and basic needs were considered the sine qua non for development. Human capital emerged as the linchpin of endogenous growth theory of the 1980s. More recent work has singled out good governance and effective institutions as the missing factor in the countries that have continued to regress or stagnate in the recent years.
Recommended Citation
Husain, I. (1997). Governance and Economic Development: The Case of Pakistan., 1-21. Retrieved from https://ir.iba.edu.pk/faculty-research-series/243
Note
Publication date estimated (not printed in the document).
This paper carries a standard disclaimer noting that the views expressed are those of the author and should not be attributed to the World Bank, its management, or its Executive Directors.
IH0148
