 Rethinking Development Strategy –The Importance of the Rural Non Farm Economy in Growth and Poverty Reduction in PakistanSohail Jehangir Malik ()
Lahore Journal of Economics, 2008, vol. 13, issue Special Edition, 189-204 Abstract: The structural transformation of Pakistan’s economy has not been accompanied by a concomitant decline in the proportion of labor employed in agriculture. While this transformation has resulted in a non-farm sector that is large and growing it has not lead to the rapid absorption of the pool of relatively low productivity labor away from the agriculture sector, as predicted by conventional development theory embodied in the models of the 1960s. Despite the obvious importance of the role of a vibrant rural non-farm economy (RNFE), and in particular, a vibrant non-farm services sector to address the challenges of poverty, food security, agricultural growth and rural development, thissector has received inadequate attention in the debate inPakistan. Based on a review of literature and data from two large surveys – the Rural Investment Climate Survey of Pakistan 2005 and the Surveys of Domestic Commerce 2007 – this paper attempts to analyze the factors underlying the low level of development of the rural non farm economy and the potential role it can play in Pakistan’s economic development. Keywords: Pakistan; Poverty; Rural; Development (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:lje:journl:v:13:y:2008:i:sp:p:189-204 Access Statistics for this article More articles in Lahore Journal of Economics from Department of Economics, The Lahore School of Economics Contact information at EDIRC. |
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