Media Type
Article
Publication Date
11-10-2025
Description
Pakistan’s growth experience over the past sixty years is both impressive and disappointing. It is impressive because rapid growth rate has resulted in a quadrupling of per capita incomes and reduction in poverty levels by one half despite fairly high population growth. Structural changes have transformed a predominantly agrarian economy to a more diversified production structure. Manufactures account for 80 percent of the country’s exports. But there is a sense of disappointment too. Social indicators are among the worst in developing countries. Pakistan ranks 134th among 177 countries in Human Development Index. Income Inequalities, Rural Urban disparities and Gender differentials have worsened over time. Pakistan has lagged behind East Asian Countries and more recently India is so far as integration into the world economy is concerned. Global Competitiveness Report ranks Pakistan 92nd while India’s rank is 48th.
Recommended Citation
Husain, I. (2025). Pakistan’s Growth Experience, 1947–2007. Retrieved from https://ir.iba.edu.pk/faculty-research-talks-speeches/58
Notes
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