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The Nature of Poverty and Its Prospects: Pakistan Evidence

Gobind M Herani, Allah Wasayo Rajar, Mohammad Pervez Wasim and Riaz Ahmed Shaikh

MPRA Paper from University Library of Munich, Germany

Abstract: This paper analysis the reasons of poverty, and identifies reduction strategies developed in Pakistan and its consequences. This exploratory study uses the secondary data for the analysis. Much has been written on poverty reduction in Pakistan. So many strategies are prepared and implemented in Pakistan; we have identified and analyzed these and found that no one is successful, and in the light of these results, it needs further contribution for the reduction of poverty. Trends have remained uneven during the study period. It is found that in 1970s, poverty decreased due to increase in prices of farm output and increase in remittance. In 1980s poverty decreased due to zakat distribution, increase in remittance growth in construction and services sector. Again after 2000 it reduced and much change is seen due to introduction of Microcredit, Khushhali bank and massive spending on poverty related and social sector. In the end implication are made for the better results of strategies and planning.

Keywords: Poverty Alleviation Strategies; Zakat Distribution; Microcredit; Remittance (search for similar items in EconPapers)
JEL-codes: D14 G21 I28 I31 I32 (search for similar items in EconPapers)
Date: 2008-09
New Economics Papers: this item is included in nep-cwa and nep-mfd
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

Published in Journal of Global Economy 3.4(2008): pp. 183-194

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https://mpra.ub.uni-muenchen.de/11654/1/MPRA_paper_11654.pdf original version (application/pdf)
https://mpra.ub.uni-muenchen.de/15134/1/MPRA_paper_15134.pdf revised version (application/pdf)

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